Director Resignation and Update on Loan Facility

Summary by AI ^BETAClose X

Kazera Global plc announced the immediate resignation of John Wardle as a Non-Executive Director. The company is continuing discussions with Tracarta Limited regarding its existing loan facility, with Executive Director Richard Jennings and Non-Executive Chairman Geoff Eyre indicating willingness to support the company's obligations, potentially through underwriting, subject to agreed terms including an extension of the facility to December 1, 2026. The Board expressed confidence in managing near-term financial obligations and will provide further updates.

Disclaimer*

Kazera Global PLC

30 April 2026

Kazera Global plc

("Kazera" or the "Company")

Director Resignation and Update on Loan Facility

Kazera Global plc (AIM: KZG), the AIM-quoted investment company, announces that John Wardle has resigned from the Board of the Company as a Non-Executive Director with immediate effect. The Board has accepted his resignation.

The Company also confirms that it remains in discussions with Tracarta Limited in relation to its existing loan facility.

In connection with these discussions, the Company notes that Richard Jennings, Executive Director and Interim Chief Executive Officer, and Geoff Eyre, Non-Executive Chairman, have indicated that they would be willing, subject to agreement of terms and conditions, including the extension of the facility to 1 December 2026, to support the Company in meeting its obligations under the Tracarta loan facility, as detailed in the Company's announcement of 9 August 2024 and subsequently varied on 28 October 2025, which may include, among other options, underwriting repayment.

The Board remains confident in the Company's ability to manage its near-term financial obligations and will continue to progress discussions with relevant stakeholders.

Further updates will be provided as appropriate.

For further information, visit www.kazeraglobal.com or contact:

Kazera Global plc Geoff Eyre, Non-Executive Chairman	kazera@stbridespartners.co.uk
Strand Hanson Limited (Nominated, Financial Adviser and Broker) Christopher Raggett / Ritchie Balmer	Tel: +44 (0)207 409 3494
Zeus Capital Limited (Joint Broker) Harry Ansell / Simon Johnson / Katy Mitchell	Tel: +44 (0)203 829 5000
St Brides Partners Limited (Financial PR) Isabel de Salis / Charlotte Page	kazera@stbridespartners.co.uk

Notes

Kazera Global plc (LON:KZG) is a diversified commodity investment company focused on unlocking value through production growth and disciplined portfolio management. While production builds at its Whale Head Minerals (Heavy Mineral Sands) and Deep Blue Minerals (diamond) assets in South Africa's Northern Cape province, the Company also continues to assess new opportunities to expand its growth pipeline and deliver sustainable returns.

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