Gold Fields (NYSE: GFI) CEO discloses restricted rights and shares

Rhea-AI Filing Summary

Gold Fields Limited Chief Executive Officer Michael John Fraser has filed an initial statement of holdings. He directly holds 19,005 ordinary shares of Gold Fields Limited and 13,312 restricted share rights.

Each restricted share right represents a conditional right to receive one ordinary share. These rights were granted as deferred short-term incentive awards under the Gold Fields Share Incentive Plan 2025 and are scheduled to vest on March 1, 2028, subject to his continued service and the plan’s terms.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Fraser Michael John

Role Chief Executive Officer

Type	Security	Shares	Price	Value
holding	Restricted Share Rights	--	--	--
holding	Ordinary Shares	--	--	--

Holdings After Transaction: Restricted Share Rights — 13,312 shares (Direct); Ordinary Shares — 19,005 shares (Direct)

Footnotes (1)

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Understanding Insider Trading Forms →

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

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Fraser Michael John

(Last) (First) (Middle)

150 HELEN ROAD

SANDOWN

(Street)

SANDTON 2196

(City) (State) (Zip)

SOUTH AFRICA

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
GOLD FIELDS LTD [ GFI ]

3a. Foreign Trading Symbol
[GFI]

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

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

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

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)
Ordinary Shares	19,005	D

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
Restricted Share Rights	03/01/2028(1)	03/01/2028	Ordinary Shares	13,312	$0	D

Explanation of Responses:

1. Each restricted share right represents a conditional right to receive one ordinary share of Gold Fields Limited (the "Company"). The Reporting Person was granted restricted share rights in the form of deferred short-term incentive awards under the Gold Fields Share Incentive Plan 2025. The awards vest on March 1, 2028, subject to the Reporting Person's continued service to the Company or its subsidiaries and the terms of the plan.

Remarks:

	/s/ Michael John Fraser	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What did Gold Fields (GFI) CEO Michael John Fraser report on this Form 3?

Michael John Fraser reported his initial beneficial ownership in Gold Fields. He disclosed direct holdings of 19,005 ordinary shares and 13,312 restricted share rights, establishing his equity stake as a director and Chief Executive Officer of Gold Fields Limited.

How many ordinary shares of Gold Fields (GFI) does the CEO hold directly?

The CEO holds 19,005 ordinary shares directly. This figure reflects his current direct ownership position in Gold Fields Limited’s ordinary shares as reported in the Form 3 insider filing for regulatory disclosure purposes.

What are the restricted share rights reported by the Gold Fields (GFI) CEO?

The CEO holds 13,312 restricted share rights. Each right is a conditional entitlement to receive one ordinary share of Gold Fields Limited, forming part of his equity-based incentive compensation package tied to continued service.

When do Michael John Fraser’s restricted share rights at Gold Fields (GFI) vest?

The restricted share rights are scheduled to vest on March 1, 2028. Vesting depends on Michael John Fraser’s continued service with Gold Fields Limited or its subsidiaries and compliance with the terms of the Gold Fields Share Incentive Plan 2025.

Under which plan were the Gold Fields (GFI) CEO’s restricted share rights granted?

The restricted share rights were granted under the Gold Fields Share Incentive Plan 2025. These awards function as deferred short-term incentive compensation, aligning the Chief Executive Officer’s interests with long-term shareholder value creation through equity participation.

Do the restricted share rights of the Gold Fields (GFI) CEO have an exercise price?

The restricted share rights have an exercise price of $0.0000. This means they are not traditional options but conditional rights to receive ordinary shares, subject to vesting conditions rather than a purchase payment at exercise.