0001558370-20-004504 Sample Contracts

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FOURTH SUPPLEMENTAL INDENTURE
Fourth Supplemental Indenture • April 28th, 2020 • Sibanye Stillwater LTD • Gold and silver ores • New York

Fourth Supplemental Indenture (this “Supplemental Indenture”) dated as of February 25, 2020, among Sibanye Gold Limited (the “Additional Guarantor”), a public company duly registered and incorporated under the laws of South Africa, Stillwater Mining Company (the “Issuer”) and The Bank of New York Mellon, London Branch, a New York banking corporation, as trustee under the Indenture referred to below (the “Trustee”).

THIRD SUPPLEMENTAL INDENTURE
Third Supplemental Indenture • April 28th, 2020 • Sibanye Stillwater LTD • Gold and silver ores • New York

Third Supplemental Indenture (this “Supplemental Indenture”) dated as of February 25, 2020, among Sibanye Stillwater Limited (“New Holdco”), Stillwater Mining Company (the “Issuer”), Sibanye Gold Limited (the “Company”), Kroondal Operations Proprietary Limited, Sibanye Rustenburg Platinum Mines Proprietary Limited and Western Platinum Proprietary Limited (collectively with the Company the “Guarantors”) and The Bank of New York Mellon, London Branch, a New York banking corporation, as trustee under the Indenture referred to below (the “Trustee”).

SECOND SUPPLEMENTAL INDENTURE
Second Supplemental Indenture • April 28th, 2020 • Sibanye Stillwater LTD • Gold and silver ores • New York

Second Supplemental Indenture (this “Supplemental Indenture”) dated as of January 8 , 2020, among the guarantor listed below as a signing party (the “Additional Guarantor”), a subsidiary of Sibanye Gold Limited and a limited liability public company existing under the laws of the Republic of South Africa, Stillwater Mining Company (the “Issuer”) and The Bank of New York Mellon, London Branch, a New York banking corporation, as trustee under the Indenture referred to below (the “Trustee”).

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