Share-Based Payments - Terms and Conditions of Options Granted Under share plans (Details)

12 Months Ended

Jun. 30, 2025

The shares were issued to the Harmony ESOP Trust (the Trust) on 4 April 2024. Each beneficiary under the scheme is awarded

360 Participation Units (PU) from 1 July 2024 if they qualified for the scheme upon its formation or within six months of the

formation thereof. Thereafter, qualifying employees will be awarded PU on a pro-rata basis in line with the scheme rules.

Participation Unit refers to the vested rights of a beneficiary to an equal number of Harmony shares held by the Trust. The PU

will vest after a service period of five years commencing on 4 April 2024. The only performance criteria is that the participant is

still employed within the group at time of vesting. The Katleho ya Moruo ESOP is equity-settled.

Termination of employees' participation in the share scheme is based on "no fault" and "fault" definitions:


▪Fault	All unvested and unexercised PU are lapsed and cancelled
▪No fault	Accelerated vesting occurs and all unvested and unexercised PU are settled in accordance with the rules of the plan.

The awards will vest at a rate of 20% per annum over the following five years for executive directors and prescribed officers, and

one-third per annum over the following three years for qualifying management. The only performance criteria is that the

participant is still employed within the group at time of vesting.

Termination of employees' participation in the share scheme is based on "no fault" and "fault" definitions:


▪Fault	All unvested and unexercised DS not yet vested are lapsed and cancelled
▪No fault	All unvested and unexercised DS will continue in force to vest on the original vesting dates in accordance with the rules of the plan.