CALEDONIA MINING CORPORATION PLC

Major Shareholding Notification • Apr 4, 2023

National Storage Mechanism | Additional information

RNS Number : 2212V

Caledonia Mining Corporation PLC

04 April 2023

Caledonia Mining Corporation Plc

Notification of relevant change to significant shareholder

(NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL)

April 4, 2023: Caledonia Mining Corporation Plc ("Caledonia" or the "Company") announces that it received notification on March 30, 2023 from Allan Gray Proprietary Limited of a change to its interest in the Company and on March 28, 2023 crossed a particular threshold for notification.

A copy of the notification is below.

Enquiries:

Caledonia Mining Corporation Plc Mark Learmonth Camilla Horsfall	Tel: +44 1534 679 802 Tel: +44 7817 841793
Cenkos Securities plc (Nomad and Joint Broker) Adrian Hadden Neil McDonald Pearl Kellie	Tel: +44 207 397 1965 Tel: +44 131 220 9771 Tel: +44 131 220 9775
Liberum Capital Limited (Joint Broker) Scott Mathieson/Kane Collings	Tel: +44 20 3100 2000
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 77802131

TR-1: Standard form for notification of major holdings

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