| SUBSIDIARY NAME | JURISDICTION OF INCORPORATION AND RESIDENCE | PROPORTION OF OWNERSHIP INTEREST AND VOTING INTEREST | ||||||
| Ergo Mining Operations Proprietary Limited | South Africa | 100 | % | |||||
| Crown Gold Recoveries Proprietary Limited | South Africa | 100 | % | |||||
| East Rand Proprietary Mines Limited | South Africa | 100 | % | |||||
| Ergo Mining Proprietary Limited | South Africa | 100 | % | |||||
| Far West Gold Recoveries Proprietary Limited | South Africa | 100 | % | |||||
Stellar energy solutions Proprietary Limited1 | South Africa | 50.25 | % | |||||
1Subsequent to year end, Ergo has converted its short term credit facility to Stellar into equity, which increased its shareholding in Stellar to 89.94%, as of 18 August 2025. | ||||||||