Research Disclosures & Disclaimers

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Northam Platinum (NPHJ.J)*

UBS Rating and Price Target History Chart

Line chart explaining Price target vs Stock Price is described in below table

EQ Rating & Price Target Table

Date	Stock Price (RCnt)	Price Target (RCnt)	Rating
2022-03-30	22460	20000	Sell
2022-04-04	20710	16000	Sell
2022-07-06	17740	15000	Sell
2022-08-29	16048	14000	Sell
2022-10-13	17170	15000	Sell
2022-12-13	19282	16500	Sell
2023-03-29	15133	13000	Sell
2023-06-27	12703	12500	Sell
2023-08-02	13884	13500	Sell
2023-08-30	13089	11000	Sell
2023-10-16	12830	12000	Sell
2023-11-14	11671	11000	Sell
2024-03-01	10455	10000	Sell
2024-04-09	13878	13000	Sell
2024-08-29	11621	12500	Sell
2024-09-05	9500	9500	Sell
2025-03-14	11894	10500	Sell
2025-04-15	13585	11000	Sell

Note : Historical Price Targets have been adjusted to account for any stock splits, rights issues and/or dividends which may have occurred for this security. Not Priced: Stock was not priced on the given date. No Rating: Issuer was not rated by UBS on the given day. No Price Target: For this issuer no Price Target was set by UBS on the given day. Issuers with an EQ Rating & Price Target Table are covered by UBS-IB Equity Research Analysts. Issuers without an EQ Rating & Price Target Table are not single stock covered.

* Issuers marked with an asterisk are covered by UBS-IB Equity Research Analysts. Issuers without an asterisk are not single stock covered.