Sibanye Stillwater (SBSW) EVP Business Development files initial Form 3

Rhea-AI Filing Summary

Sibanye Stillwater Ltd executive Bhulose Mduduzi Cyril, who serves as EVP Business Development, filed an initial ownership report on Form 3. The filing does not list any buy, sell, acquisition, or disposition transactions, and no derivative holdings are shown in the data provided.

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^*

Bhulose Mduduzi Cyril

(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)
	EVP Business Development

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

Explanation of Responses:

Remarks:

No securities are beneficially owned.

	/s/ Mduduzi Cyril Bhulose	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.
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FAQ

What does the Sibanye Stillwater (SBSW) Form 3 filing by Bhulose Mduduzi Cyril show?

The Form 3 filing for Sibanye Stillwater shows EVP Business Development Bhulose Mduduzi Cyril as a reporting person. It is an initial ownership report and, in the provided data, lists no buy, sell, acquisition, disposition, or derivative transactions.

Who is the reporting person in the Sibanye Stillwater (SBSW) Form 3?

The reporting person is Bhulose Mduduzi Cyril, identified as an officer of Sibanye Stillwater Ltd with the title EVP Business Development. The filing classifies him as an officer, not a director and not a ten percent owner.

Are there any insider share purchases or sales in this Sibanye Stillwater (SBSW) Form 3?

No insider share purchases or sales appear in the provided Form 3 data. The transaction summary shows zero buy, sell, acquisition, or disposition transactions and a neutral net buy/sell direction, indicating no reportable trading activity in this filing excerpt.

Does the Sibanye Stillwater (SBSW) Form 3 show any derivative positions for the officer?

The supplied Form 3 data shows no derivative positions for the officer. The derivative summary is empty, and exercise-related counts are zero, indicating no reported options, warrants, or other derivative securities in this particular filing excerpt.

What is the net buy/sell direction reported in the Sibanye Stillwater (SBSW) Form 3?

The net buy/sell direction is reported as neutral in the transaction summary. This reflects that buyShares, sellShares, and netBuySellShares are all zero, with no listed insider trading activity in the provided data for this initial ownership report.