DRDGOLD (NYSE: DRD) executive details conditional and deferred share awards

Rhea-AI Filing Summary

DRDGOLD Limited executive Kevin Kruger, Head of Technical Services, filed an initial ownership report detailing his equity-based awards. He holds conditional share awards covering 123,049 ordinary shares that vest on October 25, 2026, and additional conditional share awards covering 186,908 ordinary shares that vest on October 22, 2027, all under the company’s equity-settled long term incentive scheme, subject to continued service and performance conditions. He also holds 84,009 deferred shares awarded on August 13, 2025 under the Single Incentive Plan, which vest in five equal annual installments starting on August 13, 2026, subject to continued service.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Kruger Kevin

(Last) (First) (Middle)

CYCAD HOUSE, BUILDING 17, GROUND FLOOR

CNR 14TH AVENUE AND HENDRIK POTGIETER RD

(Street)

WELTEVREDEN PARK T3 1709

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/17/2026

3. Issuer Name and Ticker or Trading Symbol
DRDGOLD LTD [ DRD ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Head of Technical Services

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Conditional Share Awards	10/25/2026	(1)	Ordinary Shares	123,049	$0	D
Conditional Share Awards	10/22/2027	(2)	Ordinary Shares	186,908	$0	D
Deferred Shares	(3)	(3)	Ordinary Shares	84,009	$0	D

Explanation of Responses:

1. Each conditional share award represents a contingent right to receive one ordinary share of DRDGOLD Limited (the "Company"). The Reporting Person was granted conditional share awards under the Company's Equity-settled Long Term Incentive Scheme. The awards vest on October 25, 2026, subject to the Reporting Person's continued service to the Company or its subsidiaries and satisfaction of applicable performance conditions.

2. Each conditional share award represents a contingent right to receive one ordinary share of the Company. The Reporting Person was granted conditional share awards under the Company's Equity-settled Long Term Incentive Scheme. The awards vest on October 22, 2027, subject to the Reporting Person's continued service to the Company or its subsidiaries and satisfaction of applicable performance conditions.

3. Consists of deferred shares of the Company awarded to the Reporting Person on August 13, 2025 under the Company's Single Incentive Plan. The deferred shares are subject to forfeiture and vest in five equal annual installments commencing on August 13, 2026 subject to the Reporting Person's continued service to the Company or its subsidiaries through each applicable vesting date.

Remarks:

	/s/ Kevin Kruger	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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