v3.26.3
Related Parties
12 Months Ended
Jun. 30, 2026
Related Party [Abstract]  
Related Parties Related parties
None of the directors or major shareholders of Harmony or, to the knowledge of Harmony, their close families, had an interest,
directly or indirectly, in any transaction from 1 July 2023 or in any proposed transaction that has affected or will materially affect
Harmony or its subsidiaries, other than as stated below.
Directors and other key management
Key management personnel are those persons having authority and responsibility for planning, directing and controlling the
activities of the group, directly or indirectly, including any director (whether executive or otherwise) of the group.
The directors' remuneration, comprising amounts paid during the year, is as follows:
SA Rand
Figures in million
Executive
directors
Non-executive
directors
2026
Salaries
28
—
Retirement contributions
4
—
Bonuses
27
—
Exercise/settlement of share options
36
—
Directors' fees
—
18
Total
95
18
2025
Salaries
39
—
Retirement contributions
4
—
Bonuses
25
—
Exercise/settlement of share options
87
—
Directors' fees
—
17
Total
155
17
At year-end, the following directors and prescribed officers owned shares in Harmony for their direct benefit. The balance of shares
held is attributable to shares held privately and in terms of the minimum shareholding requirement as set out in our remuneration
policy:
Number of shares
Name of director/prescribed officer
2026
2025
Directors
Beyers Nel1
146 502
111 869
Boipelo Lekubo
127 152
86 985
Harry Mashego
95 936
85 164
Prescribed officers
Anton Buthelezi
48 700
27 934
Marian van der Walt
93 626
68 107
Johannes van Heerden
114 017
112 436
Urishanie Govender2
—
—
Floyd Masemula3
—
—
Jaco Boshoff3
—
—
1Became executive director effective 1 January 2025.
2  Classified as prescribed officer effective 1 October 2024.
3  Classified as prescribed officer effective 1 January 2025.
There were no other changes to the directors' interest between the reporting date and the date of the approval of the financial
statements other than indicated above.
35Related parties continued
Other related parties
The services rendered to joint operations relate to professional and technical services. All the production of the group’s
South African operations is sent to Rand Refinery in which Harmony holds a 10.38% interest. Refer to note 19.
SA Rand
Figures in million
2026
2025
Sales and services rendered to related parties
Joint operations
8
7
Total
8
7
SA Rand
Figures in million
2026
2025
Purchases and services acquired from related parties
Associates
74
78
Total
74
78