Boost Your Portfolio with Caledonia Mining’s Power Move: 14-Cent Dividend!

Caledonia Mining Corporation Plc has declared a quarterly dividend of 14 United States cents (US$0.14) on each of its shares. The key dates related to the dividend are as follows:

• Ex-dividend date VFEX: January 10, 2024
• Ex-dividend date AIM and NYSE: January 11, 2024
• Record date: January 12, 2024
• Payment date: January 26, 2024

Shareholders with a registered address in the UK will receive their payments in Sterling.

Caledonia’s dividend policy, established in 2014, is part of its strategy to maximize shareholder value. The Board will continue to assess and consider future dividends in alignment with its prudent approach to risk management.

For further inquiries, the following contacts are provided:

Caledonia Mining Corporation Plc

• Mark Learmonth, Tel: +44 1534 679 800
• Camilla Horsfall, Tel: +44 7817 841 793

Cavendish Capital Markets Limited (Nomad and Joint Broker)

• Adrian Hadden, Tel: +44 207 397 1965
• Pearl Kellie, Tel: +44 131 220 9775

Liberum Capital Limited (Joint Broker)

• Scott Mathieson/Kane Collings, Tel: +44 20 3100 2000

Camarco, Financial PR/IR (UK)

• Gordon Poole, Tel: +44 20 3757 4980

3PPB (Financial PR, North America)

• Patrick Chidley, Tel: +1 917 991 7701
• Paul Durham, Tel: +1 203 940 2538

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

The announcement contains inside information by the Market Abuse Regulation (EU) No. 596/2014 (“MAR”) and is disclosed in compliance with the Company’s obligations under Article 17 of MAR.