Harmony Gold’s Strategic Pivot Hinges on Crucial Copper Acquisition

Financial Strength Amid Strategic Expansion

Harmony Gold Mining stands at a critical juncture in its corporate evolution. While the company continues to benefit from gold’s status as a safe-haven asset during geopolitical uncertainty, management is placing a substantial strategic bet on copper. The pending acquisition of MAC Copper represents a billion-dollar gamble that could fundamentally reshape the miner’s future direction, with a decisive court ruling expected imminently.

Despite committing to this major acquisition, Harmony Gold demonstrates robust financial health. Shareholders will receive a substantial dividend payment of 155 South African cents per share (approximately 8.88 US cents), with key dates confirmed:

• Ex-dividend date: October 8, 2025
• Payment date: October 13, 2025