Caledonia Mining Corporation Plc ("Caledonia" or "the Company") announces that it has been advised by Allan Gray Bermuda Limited (“AGBL”), in its capacity as an investment manager, that its clients’ aggregate shareholding now constitutes a total interest of 4.8185% of the total issued shares in the Company.

Further information was provided on behalf of AGBL as follows:

Issuer name - CALEDONIA MINING CORPORATION PLC

ISIN – JE00BF0XVB15

Significant shareholder - Allan Gray Bermuda Limited

City of registered office - Cape Town

Country of registered office - South Africa

Date on which threshold was crossed – 15 August 2024

Date on which Issuer notified – 16 August 2024

% of direct voting rights – 4.8185%

Date of completion – 16 August 2024

Place of completion – Cape Town

Enquiries:

Caledonia Mining Corporation PlcMark LearmonthCamilla Horsfall  Tel: +44 1534 679 800Tel: +44 7817 841 793
   
Cavendish Capital Markets Limited (Nomad and Joint Broker)Adrian Hadden Pearl Kellie  Tel: +44 207 397 1965Tel: +44 131 220 9775
   
Panmure Liberum (Joint Broker)Scott Mathieson/Matt Hogg Tel: +44 20 3100 2000
   
Camarco, Financial PR (UK)Gordon PooleJulia TilleyElfie Kent  Tel: +44 20 3757 4980
   
3PPB (Financial PR, North America)Patrick ChidleyPaul Durham  Tel: +1 917 991 7701Tel: +1 203 940 2538
   
Curate Public Relations (Zimbabwe)Debra Tatenda Tel: +263 77802131
   
IH Securities (Private) Limited (VFEX Sponsor - Zimbabwe)Lloyd Mlotshwa Tel: +263 (242) 745 119/33/39