Notification of Relevant Change to Significant Shareholder

(NYSE American:CMCL)(AIM:CMCL)(VFEX:CMCL)

SAINT HELIER, JE / ACCESS Newswire / July 1, 2026 / Caledonia Mining Corporation Plc ("Caledonia" or "the Company") announces that it received notification on June 29, 2026 from BlackRock, Inc. that on June 26, 2026 it had crossed a threshold for notification of a relevant change (as defined by the AIM Rules for Companies).

A copy of the notification is below.

Enquiries:

Caledonia Mining Corporation Plc
Mark Learmonth
Camilla Horsfall Tel: +44 1534 679 800
Tel: +44 7817 841 793 Cavendish Capital Markets Limited (Nomad and Broker)
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

TR-1: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) i 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii: CALEDONIA MINING CORPORATION PLC 1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate) Non-UK issuer X 2. Reason for the notification (please mark the appropriate box or boxes with an "X") An acquisition or disposal of voting rights X An acquisition or disposal of financial instruments An event changing the breakdown of voting rights Other (please specify) iii: 3. Details of person subject to the notification obligation iv Name BlackRock, Inc. City and country of registered office (if applicable) Wilmington, DE, USA 4. Full name of shareholder(s) (if different from 3.) v Name City and country of registered office (if applicable) 5. Date on which the threshold was crossed or reached vi: 26/06/2026 6. Date on which issuer notified (DD/MM/YYYY): 29/06/2026 7. Total positions of person(s) subject to the notification obligation % of voting rights attached to shares (total of 8. A) % of voting rights through financial instruments
(total of 8.B 1 + 8.B 2) Total of both in % (8.A + 8.B) Total number of voting rights held in issuer (8.A + 8.B) vii Resulting situation on the date on which threshold was crossed or reached 4.83% 1.28% 6.12% 1,184,010 Position of previous notification (if

applicable) 4.79% 1.18% 5.98%

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii A: Voting rights attached to shares Class/type of
shares

ISIN code (if possible) Number of voting rights ix % of voting rights Direct

(DTR5.1) Indirect

(DTR5.2.1) Direct

(DTR5.1) Indirect

(DTR5.2.1) JE00BF0XVB15 935,553 4.83% SUBTOTAL 8. A 935,553 4.83% B 1: Financial Instruments according to DTR5.3.1R (1) (a) Type of financial instrument Expiration
date x Exercise/
Conversion Period xi Number of voting rights that may be acquired if the instrument is

exercised/converted. % of voting rights Securities Lending N/A N/A 181,500 0.93% SUBTOTAL 8. B 1 181,500 0.93% B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b) Type of financial instrument Expiration
date x Exercise/
Conversion Period xi Physical or cash

Settlement xii Number of voting rights % of voting rights CFD N/A N/A Cash 66,957 0.34% SUBTOTAL 8.B.2 66,957 0.34%

Story Continues

9. Information in relation to the person subject to the notification obligation (please mark the

applicable box with an "X") Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary) xiv X Name xv % of voting rights if it equals or is higher than the notifiable threshold % of voting rights through financial instruments if it equals or is higher than the notifiable threshold Total of both if it equals or is higher than the notifiable threshold BlackRock, Inc. BlackRock Saturn Subco, LLC BlackRock Finance, Inc. Trident Merger, LLC BlackRock Investment Management, LLC BlackRock, Inc. BlackRock Saturn Subco, LLC BlackRock Finance, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock Holdco 4, LLC BlackRock Holdco 6, LLC BlackRock Delaware Holdings Inc. BlackRock Institutional Trust Company, National Association BlackRock, Inc. BlackRock Saturn Subco, LLC BlackRock Finance, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock Holdco 4, LLC BlackRock Holdco 6, LLC BlackRock Delaware Holdings Inc. BlackRock Fund Advisors 3.390% 0.010% 3.410% BlackRock, Inc. BlackRock Saturn Subco, LLC BlackRock Finance, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock, Inc. BlackRock Saturn Subco, LLC BlackRock Finance, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock International Holdings, Inc. BlackRock Canada Holdings ULC BlackRock Asset Management Canada Limited BlackRock, Inc. BlackRock Saturn Subco, LLC BlackRock Finance, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock Capital Holdings, Inc. BlackRock Advisors, LLC BlackRock, Inc. BlackRock Saturn Subco, LLC BlackRock Finance, Inc. Trident Merger, LLC BlackRock Investment Management, LLC Amethyst Intermediate, LLC Aperio Holdings, LLC Aperio Group, LLC 10. In case of proxy voting, please identify: Name of the proxy holder The number and % of voting rights held The date until which the voting rights will be held 11. Additional information xvi BlackRock Regulatory Threshold Reporting Team

Jana Blumenstein

020 7743 3650

Place of completion 12 Throgmorton Avenue, London, EC2N 2DL, U.K. Date of completion 29 June 2026

SOURCE: Caledonia Mining Corporation Plc

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