CENTRAL ASIA METALS PLC

Remuneration Information • May 30, 2025

National Storage Mechanism | Additional information

RNS Number : 6707K

Central Asia Metals PLC

30 May 2025

30 May 2025

Central Asia Metals PLC

('CAML' or the 'Company')

Grant of Long-Term Share Awards

Central Asia Metals PLC (AIM:CAML) announces that, on 29 May 2025, the following nominal cost long-term share awards (LTIP Awards) over Ordinary Shares in the Company at an exercise price of $0.01 per share, were granted to Executive Directors of the Company under the Central Asia Metals Long-Term Incentive Plan 2022 (the Plan). Each LTIP Award is exercisable in return for one Ordinary Share.

Name	Position	LTIP Awards Granted1	Total LTIP Awards Post Grant2
Gavin Ferrar	Chief Executive Officer	397,115	1,250,043
Louise Wrathall	Chief Financial Officer	307,692	838,362

1 vesting of these awards is subject to the achievement of certain performance conditions

2 before any adjustments for accrued dividends

These LTIP Awards will generally vest on 31 March 2028 subject to the achievement of performance conditions aligned with shareholder interests and expectations as follows:

-     vesting of 80% of each LTIP Award is based on total shareholder return (TSR) of CAML measured over the three calendar years ending 31 December 2027 relative to a group of industry peers; and

-     vesting of 20% of each LTIP Award is based on achievement of CAML's long-term sustainability targets.

The LTIP Awards have a maximum term of 10 years from the date of grant, subject to any earlier lapsing under the Plan.

For further information contact:

Central Asia Metals
Tony Hunter, Company Secretary	Tel: +44 (0) 20 7603 1515
Richard Morgan, Investor Relations Manager	richard.morgan@centralasiametals.com
Peel Hunt (Nominated Adviser and Joint Broker)	Tel: +44 (0) 20 7418 8900
Ross Allister
David McKeown
Emily Bhasin
BMO Capital Markets (Joint Broker)	Tel: +44 (0) 20 7236 1010
Thomas Rider
Pascal Lussier Duquette
BlytheRay (PR Advisers)	Tel: +44 (0) 20 7138 3204
Tim Blythe
Megan Ray

Note to editors:

Central Asia Metals, an AIM-quoted UK company based in London, owns 100% of the Kounrad SX-EW copper project in central Kazakhstan and 100% of the Sasa zinc-lead mine in North Macedonia. The Company also owns an 80% interest in CAML Exploration, a subsidiary formed to progress early-stage exploration opportunities in Kazakhstan, and a 28.4% interest in Aberdeen Minerals Ltd, a privately-owned UK company focused on the exploration and development of base metals opportunities in northeast Scotland.

For further information, please visit www.centralasiametals.com and follow CAML on X at @CamlMetals and on LinkedIn at Central Asia Metals PLC.

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Gavin Ferrar

2.

Reason for the Notification

a)

Position/status

Chief Executive Officer

b)

Initial notification/amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Central Asia Metals PLC

b)

LEI

213800EYQBJZIT64NH43

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv)each place where transactions have been conducted

a)

Description of the Financial instrument, type of instrument

Ordinary Shares of US$0.01 each

Identification code

GB00B67KBV28

b)

Nature of the Transaction

Grant of nominal cost long-term share awards over Ordinary Shares in the Company at an exercise price of $0.01 per share.

c)

Price(s) and volume(s)

Price(s) $0.01	Volume(s) 397,115

d)

Aggregated information

Aggregated volume Price

N/A (Single transaction)

e)

Date of the transaction

29/05/2025

f)

Place of the transaction

Outside a trading venue

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Louise Wrathall

2.

Reason for the Notification

a)

Position/status

Chief Financial Officer

b)

Initial notification/amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Central Asia Metals PLC

b)

LEI

213800EYQBJZIT64NH43

4.

Details of the transaction(s):section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv)each place where transactions have been conducted

a)

Description of the Financial instrument, type of instrument

Ordinary Shares of US$0.01 each

Identification code

GB00B67KBV28

b)

Nature of the Transaction

Grant of nominal cost long-term share awards over Ordinary Shares in the Company at an exercise price of $0.01 per share.

c)

Price(s) and volume(s)

Price(s) $0.01	Volume(s)  307,692

d)

Aggregated information

Aggregated volume Price

N/A (Single transaction)

e)

Date of the transaction

29/05/2025

f)

Place of the transaction

Outside a trading venue

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