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KORE POTASH PLC Capital/Financing Update 2025

Apr 21, 2025

7751_rns_2025-04-21_ec3eb156-6900-4512-a81e-99263543d596.pdf

Capital/Financing Update

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Kore Potash plc

25 Moorgate, London EC2R 6AY United Kingdom

22 April 2025

KORE POTASH PLC

(“Kore Potash” or the “Company”)

Conditional Grant of Options

Kore Potash (AIM:KP2, ASX:KP2, JSE:KP2), the potash development company with 97% ownership of the Kola and DX Potash Projects in the Sintoukola Basin, located in the Republic of Congo, announces the conditional grant of options over a total of 6,000,000 new ordinary shares of US$0.001 each in the Company (“new Ordinary Shares”) exercisable at a price of 1.93 pence per new Ordinary Share being the market closing price on 17 April 2025. The 6,000,000 options comprise of 2,000,000 to the Company’s Non-Executive Chairman, Mr David Hathorn, 2,000,000 to the Company’s Non-Executive Director, Mr David Netherway and 2,000,000 to the Company’s Non-Executive Director, Mr Jonathan Trollip, pursuant to the board decision to award certain non-executive directors for the deferred directors’ fees and subject to shareholder approval at the upcoming Annual General Meeting (“AGM”), vesting at the date of the AGM and with a life to expiry of three years from the AGM’s date.

Market Abuse Regulation

Market Abuse Regulation (MAR) Disclosure - The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 which has been incorporated into UK law by the European Union (Withdrawal) Act 2018. Upon the publication of this announcement via Regulatory Information Service (“ RIS ”), this inside information is now considered to be in the public domain.