Result of AGM

Summary by AI ^BETAClose X

Petra Diamonds Limited announced that all resolutions were passed at its Annual General Meeting, with the exception of Resolution 6 which was withdrawn. The financial statements for the year ended 30 June 2025 were approved with 138,567,355 votes for and only 2,036 against. Similarly, the Directors' Annual Remuneration Report received overwhelming support. BDO LLP was re-appointed as auditors with 109,444,050 votes for, though the Board noted a significant number of votes against this resolution and will engage with shareholders to understand concerns. Directors José Manuel Vargas, Deborah Gudgeon, Lerato Molebatsi, and newly elected Kushal Kumar were all approved with high percentages of votes cast.

Disclaimer*

27 November 2025

LSE: PDL

Petra Diamonds Limited
(Petra or the Company)

Results of Annual General Meeting

Petra Diamonds Limited announces that, at its Annual General Meeting (AGM) held earlier today, all resolutions set out in the Notice of AGM put to the AGM were passed by the requisite majority. Resolution 6 was withdrawn following Mr Pryor’s recent decision to resign to focus time on his executive roles.

The full text of each resolution is contained in the Notice of AGM, which is available on the Company's website at https://www.petradiamonds.com/investors/shareholders/meetings/.

Each of the resolutions put to the Annual General Meeting was voted on by way of a poll and the results are set out below.

Resolutions		Votes for (incl discretionary)	% of Votes cast	Votes against	% of Votes Cast	Total Votes Withheld
ORDINARY RESOLUTIONS
	To receive the Financial Statements of the Company for the year ended 30 June 2025, together with the Reports of the Directors and Auditors (the Annual Report).	138,567,355	99.99	2,036	0.01	-
	To approve the Directors’ Annual Remuneration Report for the year ended 30 June 2025, as contained in the Annual Report.	138,567,055	99.99	2,336	0.01	-
	To re-appoint BDO LLP as auditors to hold office until the conclusion of the next AGM of the Company.	109,444,050	78.98	29,125,341	21.02	-
	To authorise the Directors of the Company to fix the remuneration of the auditors.	138,567,355	99.99	2,036	0.01	-
	To re-elect Mr José Manuel Vargas, who retires in accordance with the Company’s Bye-Laws, as a Director of the Company.	136,310,159	98.37	2,259,232	1.63	-
	To re-elect Mr Bernard Robert Pryor, who retires in accordance with the Company’s Bye-Laws, as a Director of the Company.	Resolution withdrawn
	To re-elect Ms Deborah Gudgeon, who retires in accordance with the Company’s Bye-Laws, as a Director of the Company.	136,310,159	98.37	2,259,232	1.63	-
	To re-elect Ms Lerato Molebatsi, who retires in accordance with the Company’s Bye-Laws, as a Director of the Company.	138,567,048	99.99	2,343	0.01	-
	To elect Mr Kushal Kumar as a Director of the Company.	138,567,055	99.99	2,336	0.01	-
	On an advisory basis, to support the continuation of the appointment of Mr Amre Youness as a Board Observer from 1 May 2024, entitling him to attend but not vote at Board meetings.	137,363,298	99.13	1,206,093	0.87	-

Notes

1. The Board notes that although resolution 3 passed, it had a significant number of votes cast against. The Board will continue its ongoing dialogue with Shareholders and consult as appropriate to fully understand any concerns in relation to this resolution. In accordance with Section 1, Provision 4 of the 2024 UK Corporate Governance Code, the Board shall provide an update on these engagements within six months of the AGM.

~ Ends ~

For further information, please contact:

Petra Diamonds, London

Julia Stone

Kelsey Traynor

Telephone: +44 (0)7495470187

investorrelations@petradiamonds.com

About Petra Diamonds Limited

Petra Diamonds is a leading independent diamond mining group and a supplier of gem quality rough diamonds to the international market. The Company's portfolio incorporates interests in two underground mines in South Africa (Cullinan Mine and Finsch).

Petra's strategy is to focus on value rather than volume production by optimising recoveries from its high-quality asset base in order to maximise their efficiency and profitability. The Group has a significant resource base which supports the potential for long-life operations.

Petra strives to conduct all operations according to the highest ethical standards and only operates in countries which are members of the Kimberley Process. The Company aims to generate tangible value for each of its stakeholders, thereby contributing to the socio-economic development of its host countries and supporting long-term sustainable operations to the benefit of its employees, partners and communities.

Petra's Ordinary Shares are admitted to the equity shares (commercial companies) category of the FCA's Official List and are admitted to trading on the Main Market of the London Stock Exchange under the ticker "PDL". The Company's loan notes, due in 2026, are listed on Euronext Dublin (Irish Stock Exchange). For more information, visit www.petradiamonds.com