ANGLO ASIAN MINING PLC

Share Issue/Capital Change • Jul 21, 2025

National Storage Mechanism | Additional information

RNS Number : 8315R

Anglo Asian Mining PLC

21 July 2025

21 July 2025

Anglo Asian Mining plc

Grant of Options

Anglo Asian Mining plc ("Anglo Asian" or the "Company"), the AIM listed gold, copper and silver producer focused in Azerbaijan , announces that it has granted options over 100,000 ordinary shares of £0.01 in the capital of the Company to an employee (the "Options"), under Anglo Asian's existing share option scheme.

50% of the Options will vest on 20 July 2026 and the remaining 50% on 20 July 2027 and will expire on 20 July 2030. The exercise price of the Options is 166 pence per share.

Following the issue, there are 480,000 ordinary shares of £0.01 each in the capital of the Company under option.

For further information please contact:

Anglo Asian Mining plc
Reza Vaziri, Chief Executive Officer	Tel: +994 12 596 3350
Bill Morgan, Chief Financial Officer	Tel: +994 502 910 400
Stephen Westhead, Vice President	Tel: +994 502 916 894
SP Angel Corporate Finance LLP (Nominated Adviser and Broker) Ewan Leggat Adam Cowl	Tel: +44 (0) 20 3470 0470
Hudson Sandler (Financial PR) Charlie Jack Harry Griffiths Kristina Gaysina	Tel: +44 0)  20 7796 4133

Notes to editors

Anglo Asian Mining plc (AIM:AAZ) is a gold, copper and silver producer with a high-quality portfolio of production and exploration assets in Azerbaijan. The Company produced 16,760 gold equivalent ounces ("GEOs") for the year ended 31 December 2024. In the six months to 30 June 2025, the Company produced 16,378 GEOs.

The Company's strategic plan for growth shows a clearly defined path for the Company to transition to a multi-asset, mid-tier, copper and gold producer by 2029, by which time copper will be the principal product of the Company, with forecast production of around 50,000 to 55,000 copper equivalent tonnes. It plans to achieve this growth by bringing into production four new mines during the period 2025 to 2029 at Gilar, Zafar, Xarxar and Garadag. The first of these new mines, Gilar, started production in May 2025.

https://www.angloasianmining.com/

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