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KORE POTASH PLC Capital/Financing Update 2025

Nov 25, 2025

7751_rns_2025-11-25_d22ec332-63aa-4b84-9baa-48f9d26ea6f9.pdf

Capital/Financing Update

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Kore Potash plc

45 Gresham Street, London EC2V 7BG

United Kingdom

26 November 2025

KORE POTASH PLC

(“Kore Potash” or “the Company”)

Notice Given under Section 708A(5)(e) of the Corporations Act

Kore Potash plc ( Company ), the potash development company with 97% ownership of the Kola and DX Potash Projects in the Sintoukola Basin, located in the Republic of Congo, refers to the ASX announcement dated 20 November 2025 in relation to the issue of 319,688,816 New Ordinary Shares ( Shares ) in the capital of the Company (equivalent to 319,688,816 CHESS Depositary Interests ( CDIs )) to certain existing shareholders as well as new institutional and high net worth investors ( Subscription Shares ).

The Subscription Shares were issued on 25 November 2025 and rank equally with the Company’s existing ordinary shares on issue. On conversion of the Subscription Shares to CDIs, those CDIs will rank equally with all other CDIs on issue.

The Company gives notice under section 708A(5)(e) of the Corporations Act 2001 (Cth) ( Corporations Act ) that:

  • the Subscription Shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act,

  • at the date of this notice, the Company has complied with:

    • the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and

    • section 674 of the Corporations Act.

  • as at the date of this notice, there is no “excluded information” within the meaning of sections 708A(7) and 708A(8) of the Corporations Act which is required to be disclosed under section 708A(6)(e) of the Corporations Act.

This announcement has been approved for release by the Board.

For further information, please visit www.korepotash.com or contact:

Kore Potash André Baya – CEO Andrey Maruta – CFO

Tavistock Communications

Tel: +44 (0) 20 3963 1776 Tel: +44 (0) 20 7920 3150

Emily Moss Nick Elwes

SP Angel – Nomad and Joint Broker Tel: +44 (0) 20 7470 0470 Richard Morrison Charlie Bouverat Shore Capital – Joint Broker Tel: +44 (0) 20 7408 4050 Toby Gibbs James Thomas – Questco Corporate Advisory JSE Sponsor Tel: +27 (63) 482 3802

Questco Corporate Advisory JSE Sponsor Doné Hattingh