Kazera Global: Completion of Additional Subscription and TVR

6 October 2026

Kazera Global plc

("Kazera" or the "Company")

Completion of Additional Subscription and Total Voting Rights

Kazera Global plc (AIM: KZG), the AIM-quoted investment company, is pleased to announce that, further to its announcements of 15 September and 21 September 2026, it has now received the subscription funds in respect of the additional direct subscription announced on 15 September 2026 (the "Additional Subscription").

The Company has received aggregate gross proceeds of £221,962.44 pursuant to the Additional Subscription and has accordingly allotted 11,098,122 new Ordinary Shares (the "Additional Subscription Shares") at an issue price of 2.0 pence per Ordinary Share, representing a premium of approximately 40% to the closing mid-market price of the Company's Ordinary Shares on 5 October 2026.

Paul Dulieu, Chief Executive Officer of Kazera, commented: "I'm very pleased that the Additional Subscription has now completed. The fact that the Angolan investors have remained committed to subscribing on the original terms, at a significant premium to the current market price, reflects the confidence that both they and the Board have in the underlying value of the Group and the opportunities ahead."

The proceeds of the Additional Subscription will be used for the purposes set out in the Company's announcement of 15 September 2026.

Admission and Total Voting Rights

Application has been made to the London Stock Exchange for admission of the 11,098,122 Additional Subscription Shares to trading on AIM ("Admission").

It is expected that Admission will become effective and dealings in the 11,098,122 Additional Subscription Shares will commence at 8.00 a.m. on or around 9 October 2026.

Following Admission of the Additional Subscription Shares, the total number of Ordinary Shares in the capital of the Company in issue will be 1,166,017,906, each with voting rights.

This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company's share capital pursuant to the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

Capitalised terms used but not defined in this announcement have the meanings given to them in the Company's announcement of 15 September 2026, unless expressly stated otherwise or the context so requires.

ENDS

For further information, visit www.kazeraglobal.com or contact:

Notes

Kazera Global plc (LON: KZG) is a diversified commodity investment company focused on unlocking value through production growth and disciplined portfolio management. While production builds at its Whale Head Minerals (Heavy Mineral Sands) and Deep Blue Minerals (diamond) assets in South Africa's Northern Cape province, the Company also continues to assess new opportunities to expand its growth pipeline and deliver sustainable returns.