CALEDONIA MINING CORPORATION PLC

Major Shareholding Notification • Mar 28, 2022

National Storage Mechanism | Additional information

RNS Number : 1508G

Caledonia Mining Corporation PLC

28 March 2022

Caledonia Mining Corporation Plc

(NYSE American: CMCL; AIM: CMCL, VFEX: CMCL)

Notification of relevant change to significant shareholder

March 28, 2022: Caledonia Mining Corporation Plc ("Caledonia" or the "Company") announces that it received notification on March 24, 2022 that, following sales of an aggregate of 15,299 shares, the interest of Sales Promotion Services S.A., being a significant shareholder as defined by the AIM Rules, in shares of the Company has reduced to 628,474 shares representing 4.99% of the Company's total issued share capital and that its interest crossed a threshold for notification on March 10, 2022.

Enquiries:

Caledonia Mining Corporation Plc Mark Learmonth Camilla Horsfall	Tel: +44 1534 679 802 Tel: +44 7817 841793
WH Ireland Adrian Hadden/ Jessica Cave/ Andrew De Andrade	Tel: +44 20 7220 1751
BlytheRay Financial PR Tim Blythe/Megan Ray	Tel: +44 207 138 3204
3PPB Patrick Chidley Paul Durham	Tel: +1 917 991 7701 Tel: +1 203 940 2538
Curate Public Relations (Zimbabwe) Debra Tatenda	Tel: +263 772802131

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