CALEDONIA MINING CORPORATION PLC

Major Shareholding Notification • Oct 17, 2025

National Storage Mechanism | Additional information

RNS Number : 8582D

Caledonia Mining Corporation PLC

17 October 2025

Caledonia Mining Corporation Plc

Notification of relevant change to significant shareholder

October 17, 2025:   Caledonia Mining Corporation Plc ("Caledonia" or "the Company") announces that it has been advised by Allan Gray Bermuda Limited ("AGBL"), in its capacity as an investment manager, that its clients' aggregate shareholding now constitutes a total interest of below 3% of the total issued shares in the Company.

Further information was provided on behalf of AGBL as follows:

Issuer name - CALEDONIA MINING CORPORATION PLC

ISIN - JE00BF0XVB15

Significant shareholder - Allan Gray Bermuda Limited

City of registered office - Cape Town

Country of registered office - South Africa

Date on which threshold was crossed - 13 October 2025

Date on which Issuer notified - 14 October 2025

% of direct voting rights - 2.9303%

Date of completion - 14 October 2025

Place of completion - Cape Town

Enquiries:

Caledonia Mining Corporation Plc Mark Learmonth Camilla Horsfall	Tel: +44 1534 679 800 Tel: +44 7817 841 793
Cavendish Capital Markets Limited (Nomad and Joint Broker) Adrian Hadden George Lawson	Tel: +44 207 397 1965 Tel: +44 131 220 9775
Panmure Liberum (Joint Broker) Scott Mathieson	Tel: +44 20 3100 2000
Camarco, Financial PR (UK) Gordon Poole Elfie Kent	Tel: +44 20 3757 4980
3PPB (Financial PR, North America) Patrick Chidley Paul Durham	Tel: +1 917 991 7701 Tel: +1 203 940 2538
Curate Public Relations (Zimbabwe) Debra Tatenda	Tel: +263 77802131
IH Securities (Private) Limited (VFEX Sponsor - Zimbabwe) Lloyd Mlotshwa	Tel: +263 (242) 745 119/33/39

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