Results of AGM

Summary by AI ^BETAClose X

Zanaga Iron Ore Company Limited announced that all resolutions were duly passed at its Annual General Meeting held on December 19, 2025, indicating continued shareholder support for the company's development of the Zanaga Iron Ore Project. The project, located in the Republic of Congo, boasts a significant 6.9 billion tonne resource and 2.1 billion tonne reserve, with plans for 30Mtpa production of high-grade DRI pellet feed. A 2024 Feasibility Study confirmed its economic viability, and with all key permits secured, the company is positioned to capitalize on the growing demand for low-carbon steel production.

Disclaimer*

Zanaga Iron Ore Company Ltd

19 December 2025

Zanaga Iron Ore Company Limited

("ZIOC" or the "Company")

Results of AGM

Zanaga Iron Ore Company Limited (AIM: ZIOC), which is progressing with the development of the Zanaga Iron Ore Project, is pleased to announce that, at the Annual General Meeting ("AGM") of the Company held on Friday 19 December 2025, all resolutions were duly passed on a poll.

For further information, please contact:

Zanaga Iron Ore Company Limited

Corporate Development and Investor Relations Manager

Andrew Trahar

+44 20 3916 5021

Panmure Liberum Limited

Nominated Adviser, Financial Adviser and Joint Broker

Scott Mathieson / John More

+44 20 3100 2000

Tamesis Partners LLP

Joint Broker

Richard Greenfield / Charles Bendon

+44 203 882 2868

Shard Capital Partners LLP

Joint Broker

Damon Heath

+44 20 7186 9952

BlytheRay

Public Relations

Tim Blythe / Megan Ray / Will Jones

+44 20 7138 3204

Zanaga@BlytheRay.com

ENDS

About ZIOC:

Zanaga Iron Ore Company Limited (AIM ticker: ZIOC) is an iron ore exploration and development company, with its flagship asset being the 100% owned Zanaga Iron Ore Project, located in the Republic of Congo. The Government Mining Licence, Environmental Permit, and Mining Convention are all in place for this project.

The Zanaga Iron Ore Project is a globally significant asset with a 6.9 billion tonne resource and 2.1 billion tonne reserve, aimed at 30Mtpa production of high-grade DRI pellet feed with very low impurity levels. A 2024 Feasibility Study confirmed its strong economic viability. When fully developed, Stage One (12Mtpa) and Stage Two (18Mtpa expansion) together could establish Zanaga as one of the largest iron ore mines worldwide. With all key permits secured, Zanaga is well positioned to benefit from increasing demand for high-quality, low-impurity iron ore, utilising low operating costs and an efficient slurry pipeline to the port.

In light of the changes in the world's economy and the increasing demand for low-carbon steel production, the Zanaga Project is well-positioned to become one of the largest producers of high-grade premium DRI pellet feed iron ore concentrate.

The Zanaga Iron Ore Company Limited LEI number is 21380085XNXEX6NL6L23.

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