[Form 3] Sibanye Stillwater Ltd Initial Statement of Beneficial Ownership

Sibanye Stillwater Ltd executive Charles Edward Carter, Chief Regional Officer: Americas, filed an initial ownership report showing his existing stake in the company.

Rhea-AI Filing Summary

Sibanye Stillwater Ltd executive Charles Edward Carter, Chief Regional Officer: Americas, filed an initial ownership report showing his existing stake in the company. The Form 3 lists direct ownership of 170,000 American Depositary Shares as of the reported date.

Each American Depositary Share represents four ordinary shares of Sibanye Stillwater Ltd, so the filing provides a clear view of Carter’s equity exposure through ADS holdings rather than reporting any new share purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Carter Charles Edward

Role Chief Regional Officer: Amer.

Type	Security	Shares	Price	Value
holding	American Depositary Shares	--	--	--

Holdings After Transaction: American Depositary Shares — 170,000 shares (Direct)

Footnotes (1)

1. F1. Each American Depositary Share represents four ordinary shares of the Issuer.

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Accepted by SEC EDGAR 03/17/2026 - 02:21 PM Learn about SEC filing dates

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
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hours per response:			0.5

1. Name and Address of Reporting Person^*

Carter Charles Edward

(Last) (First) (Middle)

CNR 14TH AVE & HENDRIK POTIETER

BRIDGEVIEW HSE, BLD 11, CONSTANTIA OFF.

(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
Sibanye Stillwater Ltd [ SBSW ]

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Regional Officer: Amer.

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)
American Depositary Shares	170,000(1)	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

Explanation of Responses:

1. Each American Depositary Share represents four ordinary shares of the Issuer.

Remarks:

	/s/ Charles Edward Carter	03/17/2026
	** 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.