Kumba Iron Ore keeps FY2026 output view at 31-33 Mt

• Full-year 2026 guidance maintained: production 31-33 Mt, sales 35-37 Mt; capex R 13.2-14.2 billion.
• Mine outlook unchanged: Sishen production ~22 Mt, Kolomela ~10 Mt; waste stripping 180-195 Mt.
• C1 unit cost outlook unchanged at ~US$ 45/wmt, reflecting revised FX assumption of ~R16.50/US$ from ~R16.00/US$.
• H1 production 18 Mt, down 3%; H1 sales 19 Mt, down 1%, hit by a planned 10-day Transnet maintenance shutdown.
• Sishen output expected to be weighted to H1 due to UHDMS tie-in in H2; sales expected to be supported by finished stock drawdown.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kumba Iron Ore Ltd. published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S524496), on July 23, 2026, and is solely responsible for the information contained therein.