Result of Annual General Meeting

Capital Metals PLC

23 September 2025

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMENDED. ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.

23 September 2025

Capital Metals PLC

("Capital Metals" or the "Company")

Result of Annual General Meeting

Capital Metals (AIM: CMET), a mineral sands company approaching mine development stage at the high-grade Taprobane Minerals Project in Sri Lanka (the "Project"), announces that at the Annual General Meeting ("AGM") held earlier today all the resolutions put to the meeting were duly approved by shareholders.

The numbers of votes for each resolution are presented below:

	Ordinary Resolution	For	%	Against	%	Withheld
1.	To receive and consider the audited Statement of Accounts and the Reports of the Directors and the Auditor of the Company for the year ended 31 March 2025	205,502,075	99.995%	10,141	0.005%	4,031
2.	To re-appoint Mr Savanth Laleen Sebastian as a director	204,687,075	99.60%	825,141	0.40%	4,031
3.	To re-appoint Mr Aravinda De Silva as a director	205,438,075	99.96%	78,141	0.04%	31
4.	To re-appoint Mr James Leahy as a director	205,434,075	99.96%	78,141	0.04%	4,031
5.	To re-appoint PKF Littlejohn LLP as auditors and to authorise the Directors to fix their remuneration	205,487,075	99.99%	25,141	0.01%	4,031
6.	To grant the directors with authority to allot shares pursuant to Section 551 of the Companies Act 2006	200,598,337	97.61%	4,913,879	2.39%	4,031
	Special Resolution
7.	To dis-apply pre-emption rights pursuant to Section 570 of the Companies Act 2006	205,468,976	99.98%	39,515	0.02%	7,756

Notes:

1. The "For" Proxy vote includes those giving the Chair of the AGM discretion

2. A vote "Withheld" is not a vote in law and is not included in the proxy votes "For" or "Against" the resolution

For further information, please visit www.capitalmetals.com or contact:

Capital Metals plc Greg Martyr (Executive Chairman)	Via Vigo Consulting
Vigo Consulting (Investor Relations) Ben Simons / Peter Jacob	[phone] [e-mail]
Strand Hanson Limited (Nominated Adviser) Ritchie Balmer / Christopher Raggett / David Asquith	[phone]
Hannam & Partners (Broker & Financial Adviser) Andrew Chubb / Leif Powis	[phone]

About Capital Metals

Capital Metals is a UK company listed on the London Stock Exchange (AIM: CMET). We are developing the Taprobane Minerals Project in Sri Lanka, approximately 220km east of Colombo, containing industrial minerals including ilmenite, rutile, zircon, and garnet. The Project is one of the highest-grade mineral sands projects globally, with potential for further grade and resource expansion. In 2022, a third-party Preliminary Economic Assessment provided a Project NPV of US$155-235m based on existing resources, with further identified optimisation potential. We are committed to applying modern mining practices and bringing significant positive benefits to Sri Lanka and the local community. We expect over 300 direct new jobs to be created and over US$150m in direct government royalties and taxes to be paid.

Visit our website:

www.capitalmetals.com

Follow us on social media:

X: @MetalsCapital

LinkedIn: @Capital Metals plc

 

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