Caledonia Mining Corporation Plc · AMEX:CMCL

Caledonia Mining — Investor Presentation (October 2021)

21 slides from Caledonia Mining's investor presentation, Oct 8, 2021

  1. Slide 1: Corporate Presentation 2021

    Corporate Presentation 2021 PROFITABLE GOLD PRODUCTION, FUTURE GROWTH

  2. Slide 2: Disclaimer

    Disclaimer This presentation does not constitute, or form part of, any offer to sell or issue or any solicitation of any offer to purchase or subscribe for, any shares in Caledonia Mining Corporation Plc (“Caledonia”), nor shall it (or any part of it) or the fact of its distribution, form the basis

  3. Slide 3: A Strategy Focused on Genuine Returns for our Shareholders

    A Strategy Focused on Genuine Returns for our Shareholders Central Shaft: Significant Committed to Attractive new near-term, increase return money opportunities low-risk growth in production to shareholders by 2022 NYSE/AIM: CMCL

  4. Slide 4: Caledonia Mining: An Overview

    AN ESTABLISHED MINE WITH SUBSTANTIAL PLANNED PRODUCTION GROWTH AND COST REDUCTION Caledonia Mining 90,000 80,000 AN OVERVIEW 70,000 60,000 Production (oz) A HIGHLY PROFITABLE CASH GENERATIVE GOLD 50,000 PRODUCER WITH A STRONG GROWTH PROFILE 40,000 30,000 • Established, profitable gold producer expan

  5. Slide 5: Dividend

    Dividend COMMITTED TO RETURN MONEY TO SHAREHOLDERS QUARTERLY DIVIDEND PAYMENTS Quarterly dividend of US$0.14 (14c) 16 14 12 Dividend payer since D 10 2012 US Dollars 8 Dividend yield 6 4.6% *as at 4 October 2021 4 2 104% Increase 0 in quarterly dividend since October 2019 Q1 2018 Q2 2018 Q3 2018 Q4

  6. Slide 6: Environment, Social & Governance

    Environment, Social & Governance CALEDONIA IS A SOCIALLY CONSCIOUS & RESPONSIBLE BUSINESS CORPORATE GOVERNANCE & ETHICS HEALTH & SAFETY OUR PEOPLE • We operate on Honesty, Integrity, Respect & • We aim for a zero-harm work environment with • 99% of our employees are Zimbabwean, and our Trust, and ou

  7. Slide 7: Central Shaft

    Central Shaft NEAR-TERM GROWTH

  8. Slide 8: Investing in growth to 80koz/year from 2022

    Investing in growth to 80koz/year from 2022 CONSTRUCTING A NEW MINE BELOW THE CURRENT WORKINGS (2015 TO 2022) Central Shaft will 6m diameter, 4-compartment shaft Shaft sinking completed in July 2019; result in a major from surface to 1,200m shaft equipping completed improvement in Commissioning comp

  9. Slide 9: New Central Shaft allows development of sub-750m zones

    New Central Shaft allows development of sub-750m zones CONSTRUCTING A NEW MINE BELOW THE CURRENT WORKINGS Plan illustrative and not to scale NYSE/AIM: CMCL

  10. Slide 10: Solar PV Project

    Solar PV Project OUR DRIVE TOWARDS A MORE SUSTAINABLE FUTURE The project is APPROVED THE CONSTRUCTION OF A 12MW SOLAR PLANT AT A COST OF expected to reduce APPROXIMATELY $14 MILLION Caledonia’s GHG emissions, improve • Expected to reduce Blanket’s dependence on grid power and improve the quality rel

  11. Slide 11: New Opportunities

    New Opportunities

  12. Slide 12: The Zimbabwe Opportunity: Maligreen

    The Zimbabwe Opportunity MALIGREEN Agreement to purchase The total cash The property contains a Hosts a NI 43-101 the mining claims over the consideration of $4 million compliant inferred mineral compliant inferred project situated in the resource of mineral resource of 15.6 Gweru mining district ap

  13. Slide 13: The Zimbabwe Opportunity: Connemara North

    The Zimbabwe Opportunity CONNEMARA NORTH Acquired an option for the northern section of the property, for a period of 18 months with the right to explore and to subsequently acquire the mining claims The total consideration would be $5.3 million (payable in cash or shares) and a 1% net smelter royal

  14. Slide 14: Outlook

    Outlook A COMPANY IN THE ASCENDANCE

  15. Slide 15: Strategy & Outlook

    Strategy & Outlook INCREASED FREE CASH FLOW TO GROW DIVIDENDS AND INVEST FOR FURTHER PRODUCTION Significant increase in production Increased cash flows due to higher Continue deep level exploration & from 2022 production, lower unit costs and secured the life of mine to 2034 foreseeable declining ca

  16. Slide 16: Appendix

    Appendix A RESPONSIBLE MINER

  17. Slide 17: Corporate Overview

    LISTING AND TRADING Corporate Overview Share price $12.24 STRONG, EXPERIENCED MANAGEMENT TEAM AND BOARD OF DIRECTORS (1 October 2021) Market Cap $147m (1 October 2021) RELATIVE PERFORMANCE VS GDXJ SHAREHOLDERS 52 week low/high (US$) 6.51– 29.39 12M Avg. daily liquidity 1400 4% 70,654 (shares/day) 12

  18. Slide 18: Corporate Social Responsibility

    Corporate Social Responsibility CALEDONIA IS A SOCIALLY CONSCIOUS RESPONSIBLE BUSINESS OUR CSR STRATEGY IS DESIGNED TO DELIVER A STRATEGIC, SUSTAINABLE RESPONSE TO SOME COMMUNITY NEEDS. OUR FOCUS AREAS ARE DEFINED UNDER THE FOLLOWING FIVE SUSTAINABILITY PILLARS: Women & Youth Education Health Agricu

  19. Slide 19: COVID-19

    COVID-19 Donations to the Chamber of Mines Operations continued during the two and communities in 2020 to assist national lockdowns with the Covid-19 pandemic Management has introduced strict access controls to the mine and the mine village to limit the rate of transmission of the virus. Blanket had

  20. Slide 20: Case Study: Phakama Clinic

    Case Study Phakama Clinic The outbreak of COVID-19 precipitated the need for increased support to the community. We have responded with significant investment in healthcare facilities throughout 2020 For the Gwanda Community, Blanket built and equipped two isolation wards, ablution facilities and a

  21. Slide 21: Contacts

    Website: www.caledoniamining.com Twitter: @CaledoniaMining Contacts Share Codes: NYSE American – CMCL / AIM – CMCL Caledonia Mining Investment Research London Financial PR: Blytheweigh Mark Learmonth, CFO WH Ireland: www.whirelandplc.com Tim Blythe Tel: +44 (0) 1534 679800 Cantor Fitzgerald: www.can

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