Caledonia Mining : CMCL.vx Notice to Shareholders

About this update from Caledonia Mining Corporation Plc

Caledonia Mining Corporation Plc Non-Executive Director Shareholding Notification (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) May 15, 2026: Caledonia Mining Corporation Plc ("Caledonia" or "the Company") announces that it received notification on May 14, 2026 that Mr July Ndlovu, a non-executive director and Chairman of Caledonia, has purchased 15,000 common shares in the Company on May 13, 2026 at a price of $24.81 per share. A copy of the notification is below. Enquiries: Caledonia Mining Corporation Plc Mark Learmonth Camilla Horsfall Cavendish Capital Markets Limited (Nomad and Broker) Tel: +44 1534 679 800 Tel: +44 7817 841 793 Adrian Hadden Tel: +44 207 397 1965 Camarco, Financial PR (UK) Elfie Kent Tel: +44 20 3757 4980 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 Head and Registered Office: Caledonia Mining Corporation Plc 2 Mulcaster Street, St Helier, Jersey, Channel Islands, JE2 3NJ [email protected] | | https://www.caledoniamining.com NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM 1 Details of the person discharging managerial responsibilities/person closely associated a) Name Mr July Ndlovu 2 Reason for the notification a) Position/status Non-Executive Director and Chairman b) Initial notification/ Amendment Initial notification 3 Details of the issuer, emission allowance market participant,auctionplatform, auctioneer or auction monitor a) Name Caledonia Mining Corporation Plc b) LEI 21380093ZBI4BFM75Y51 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the financial instrument, type of instrument Identification code Common shares of no par value JE00BF0XVB15 b) Nature of the transaction Purchase of securities c) Price(s) and volume(s) Price(s) Volume(s) US$24.81 15,000 d) Aggregated information Aggregated volume Price N/A e) Date of the transaction May 13, 2026 f) Place of the transaction NYSE American LLC

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