Shareholding Notification by Fremiro Investments

On May 20, 2026, Caledonia Mining Corporation Plc announced a shareholding notification received on May 18, 2026. Fremiro Investments (Private) Limited, closely associated with Non-Executive Director and Chairman Mr. July Ndlovu, sold 20,000 depositary interests representing common shares at £17.19 per share. Following this transaction, Mr. Ndlovu holds a beneficial interest in 229,089 common shares of the Company. The transaction took place on the AIM of the London Stock Exchange.