Namib Minerals

Our Company is a gold producer with three gold mines in Zimbabwe, Africa. The company aims to be a leading Pan-African multi-asset mining platform for precious and critical metals, especially gold. It has over two decades of experience owning and operating gold mines. Its strategic footprint includes one producing gold mine and two historically producing gold mines that are being prepared to restart operations. The How Mine is an established underground gold mine that produced approximately 1.84Moz of gold from 1941 through December 31, 2025. The Mazowe Mine and the Redwing Mine are historically producing gold mines with significant mineral resources, and preparatory work is underway to restart operations at both. As of December 31, 2025, for the How Mine, and December 31, 2023, for the Mazowe Mine and Redwing Mine, the company's underground measured and indicated gold resources (exclusive of reserves) totaled 2.5Moz at a grade of 2.26g/t Au, and underground inferred gold resources totaled 4.4Moz. The company is also exploring opportunities to acquire mining interests and expand operations into the Democratic Republic of Congo ("DRC") to access critical battery metals. Mineral Resources are reported assuming gold metallurgical recoveries of 89.0% for How Mine, 88.0% for Mazowe Mine, and 90.0% for Redwing Mine.