KORE POTASH PLC — Capital/Financing Update 2025

Jun 2, 2025

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Kore Potash plc

25 Moorgate, London EC2R 6AY United Kingdom

3 June 2025

Kore Potash Plc

(“ Kore Potash ” or the “ Company ”)

Draft non-binding financing Term Sheet Update

Kore Potash (AIM: KP2, ASX: KP2, JSE: KP2, A2X: KP2), the potash development company with 97% ownership of the Kola Potash Project (“ Kola ” or the “ Kola Project ”) and Dougou Extension (“ DX ”) Potash Project in the Sintoukola Basin, located in the Republic of Congo (“ RoC ”), announces that further to its announcement of 29 April 2025, it continues to negotiate the draft non-binding Term Sheets with the Summit Consortium. The Company expects to make a further announcement, as soon as negotiations are complete. The negotiations are expected to conclude shortly.

Enquiries:

Kore Potash Andre Baya – CEO Andrey Maruta – CFO

Tel: +44 (0) 20 3963 1776

SP Angel – Nomad and Joint Broker

Ewan Leggat Charlie Bouverat

Tel: +44 (0) 20 7470 0470

Shore Capital – Joint Broker

Tel: +44 (0) 20 7408 4050

Toby Gibbs James Thomas

Tavistock Communications Emily Moss Nick Elwes

Tel: +44 (0) 20 7920 3150

– Questco Corporate Advisory JSE Sponsor Done Hattingh

Tel: +27 (63) 482 3802