Results of GM & Proposed Capital Reduction

About this update from Jubilee Metals Group Plc

Jubilee Metals Group PLC Registration number: 4459850 AIM share code: JLP Altx share code: JBL ISIN: GB0031852162 ('Jubilee' or 'the Company' or 'the Group')   Dissemination of a Regulatory Announcement that contains inside information according to UK Market Abuse Regulations. Not for release, publication or distribution in whole or in part in, into or from any jurisdiction where to do so would constitute a violation of the relevant laws or regulations of such jurisdiction. Results of General Meeting Proposed Capital Reduction   Jubilee, the integrated copper producer and resource developer in Zambia, announces the results of the General Meeting held today 8 April 2026. Resolution 2, an ordinary resolution to grant the directors authority to allot shares in the Company and to grant rights to subscribe for or convert any security into shares in the Company was withdrawn as was resolution 3, a special resolution t o dis-apply pre-emption rights in relation to the allotment of equity securities for cash . Resolution 1, a special resolution to reduce the share premium account of the Company (Capital Reduction) was passed with the requisite majority votes (refer to the announcement dated 23 March 2026). Of the total votes cast, 98.42% voted in favour of the resolution. The votes cast represented 35.03% of the Company's total voting rights.   The Company will now apply to the Court for confirmation of the Capital Reduction. The Capital Reduction will only become effective if the Court confirms the Capital Reduction and the order of the Court confirming the Capital Reduction is delivered to, and registered by, the Registrar of Companies in England and Wales.   EXPECTED TIMETABLE OF REMAINING PRINCIPAL EVENTS Final hearing and confirmation of the Capital Reduction by Court 28 April 2026 Capital Reduction becomes effective 29 April 2026   The person responsible for the release of this announcement is Jonathan Morley-Kirk, Finance Director.   8 April 2026 For more information contact:   Jubilee Metals Group PLC Leon Coetzer (CEO)/Jonathan Morley-Kirk (FD) Tel: +27 (0) 11 465 1913 / Tel: +44 (0) 7797 775546   Nominated Adviser - SPARK Advisory Partners Limited Andrew Emmott/James Keeshan Tel: +44 (0) 20 3368 3555   PR & IR Adviser - Tavistock Jos Simson/Gareth Tredway Tel: +44 (0) 207 920 3150   Joint Broker - Zeus Capital Harry Ansell/Katy Mitchell  Tel: +44 (0) 20 7220 1670/+44 (0) 113 394 6618   Joint Broker - Shard Capital Partners LLP Erik Woolgar/Gareth Burchell Tel +44 (0) 207 1869900   JSE Sponsor - Questco Corporate Advisory Proprietary Limited Alison McLaren Tel: +27 63 482 3802   About Jubilee Metals Group   Jubilee Metals, listed on AIM and the Altx of the JSE, is a copper producer focused on building a world-class integrated copper business in Zambia. The Company aims to reach 25 000 tonnes per annum of copper production by integrating exploration, mining, concentrating and refining through its three-pillar strategy, combining the Roan concentrator, the Sable refinery and regional mining assets and the Large Waste Rock Project. Led by an experienced team, Jubilee applies innovative technologies to transform previously underutilised materials into value while supporting circular resource use and strong environmental stewardship.   For more information, please visit www.jubileemetalsgroup.com and follow Jubilee on X at @Jubilee_Metals        

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