Kwale Ore Reserves and Mineral Resources

1) Mineral Resources estimated at a 1% HM cut-off grade. 2) Table subject to rounding differences. 3) Mineral Resources are reported inclusive of the Ore Reserves.

The full details, inclusive of JORC disclosures, for Kwale Mineral Resources and Ore Reserves estimates can be found below:

Mineral Resources for Kwale North Dune deposit

Kwale South Dune Mineral Resources

Kwale South Dune Ore Reserves