Gemfields : Non-Executive Director Resignation

Incorporated in Guernsey. Guernsey registration Number: 47656.

South African external company registration number 2009/012636/10

Share code on JSE:GML / AIM:GEM

ISIN: GG00BG0KTL52 | LEI: 21380017GAVXTCYS5R31 ("Gemfields" or the "Company")

Non-Executive Director Resignation

L O N D O N , 1 J u l y 2 0 2 2

Gemfields advises that Mr Carel Malan tendered his resignation as a Non-Executive Director of the Company on 29 June 2022, with such resignation to take effect from latest 31 December 2022.

Mr Martin Tolcher, Chairman of the Board, commented: "We thank Carel whole-heartedly for his contributions to the Board, especially in his role as Chairman of the Audit Committee, and wish him well in his new role at Glencore - which necessitated his resignation as a Director of the Company. Carel has kindly agreed to stay on at the Company for up to six months longer so that his current responsibilities can be taken on."

- E N D S -

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G E M F I E L D S G R O U P . C O M

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E N Q U I R I E S

G E M F I E L D S

Sean Gilbertson / David Lovett / Mark Lawrie T: [phone]

Gemfields Group Limited, Royal Chambers, St Julian's Avenue, St Peter Port, GY1 4HP, Guernsey

T [phone]

gemfieldsgroup.com

S P O N S O R	( J S E )		Investec Bank Limited
S E D I B E L O	S A L E	P R O C E S S	Liberum
			Scott Mathieson
			T: [phone]
N O M I N A T E D A D V I S E R	finnCap
( A I M ) & J O I N T	B R O K E R	Christopher Raggett / Tim Redfern / Edward Whiley
			T: [phone]
J O I N T B R O K E R		Liberum
			Scott Mathieson / Kane Collings
			T: [phone]
F I N A N C I A L P R /	I R	Camarco
			Gordon Poole / Emily Hall
			T: [phone]

A D D I T I O N A L I N F O R M A T I O N O N G E M F I E L D S

Gemfields is a world-leading miner of responsible coloured gemstones. Gemfields is the operator and 75% owner of both the Kagem emerald mine in Zambia (believed to be the world's single largest producing emerald mine) and the Montepuez ruby mine in Mozambique (one of the most significant recently discovered ruby deposits in the world). In addition, Gemfields also holds controlling interests in various other gemstone mining and prospecting licences in Zambia, Mozambique, Ethiopia and Madagascar.

Gemfields' outright ownership of Fabergé - an iconic and prestigious brand of exceptional heritage

• enables Gemfields to optimise positioning, perception and consumer awareness of coloured gemstones through Fabergé designs, advancing the wider group's "mine and market" vision.

Gemfields has developed a proprietary grading system and a pioneering auction and trading platform to provide a consistent supply of coloured gemstones to downstream markets, a key component of Gemfields' business model that has played an important role in the growth of the global coloured gemstone sector.

G E M F I E L D S

Gemfields Group Limited

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K A G E M M I N I N G L I N K E D I N

M O N T E P U E Z R U B Y M I N I N G L I N K E D I N

Gemfields Group Limited

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