Harmony Gold Mining Company Limited provided earnings guidance for the six months ended 31 December 2021. For the six months, the company expects basic earnings will be 68% - 72% lower than for first half of fiscal year 2021 primarily due to:a non-recurring gain on bargain purchase recognised for the acquisition of the assets and liabilities of Mponeng operations and related assets in first half of fiscal year 2021; a decreased gross profit as result of higher production costs, which offset the increase in production and revenue; a translation loss on the US denominated debt at 31 December 2021 (compared to a gain at 31 December 2020); and a derivative loss recorded in first half of fiscal year 2022 compared to a gain in first half of fiscal year 2021. Earnings per share ("EPS") are expected be between 214 and 245 South African cents per share ­ which is a decrease of between 72% and 68% on
the restated earnings of 763 South African cents per share for the previous comparable period. In US dollar terms, the earnings per share is expected to be between 15 and 18 US cents per share, which is a decline of between 68% and 62% on restated earnings of 47 US cents per share reported for the previous comparable period.