Caledonia Mining Corporation Plc Appointment of July Ndlovu as Independent Non-Executive Director – The Canadian Business Journal

ST HELIER, Jersey, November 5, 2025 (GLOBE NEWSWIRE) — (NYSE AMERICAN, AIM and VFEX: CMCL) – Caledonia Mining Corporation Plc (“Caledonia” or the “Company”) is pleased to announce the appointment of Mr Julie Ndlovu to the board of directors of the Company (the “Board”) as an independent non-executive director.

Julie Ndlovu is a highly experienced executive with over 28 years of leadership experience in the South African mining sector. He most recently served as CEO of Thungela Resources Limited, a South African thermal coal producer and exporter.

Throughout his career, July has demonstrated outstanding capabilities in the areas of strategic leadership, operational effectiveness, team development and corporate governance. As Chief Executive Officer of Thungela Resources Limited, he led the business through significant growth and transformation to become a leading force in the energy landscape. Previously, as an executive process manager and director at Anglo American Platinum Limited, he led operations that accounted for a significant proportion of the world's platinum group metals supply. Previously, he held senior management positions in several large mining companies. His career has been characterized by success in strategy, large-scale project development and team building on the one hand, and a focus on safety, sustainability and stakeholder engagement on the other.

Julie is currently an independent non-executive director at AECI Limited, a mining and chemicals group based in South Africa with operations in 20 countries, where he chairs the Remuneration and Human Capital Committee and is a member of the Investment, Innovation and Technology Committee. He also previously chaired the boards of Unki Mine (Private) Limited and Anglo American Zimbabwe.

July holds a Master's degree in Business Leadership from the University of South Africa and a Bachelor's degree in Metallurgical Engineering from the University of Zimbabwe.

John Kelly, Chairman of Caledonia, commented:

“We are very pleased to welcome July to the Board as an independent non-executive director. His depth and breadth of experience in scaling and transforming businesses in the mining sector provides valuable perspective on the next stage of growth. July's commitment to responsible governance, health and safety and stakeholder engagement aligns well with the priorities of our Board of Directors.

“Julie is one of the most respected business leaders in Zimbabwe and South Africa. We are fortunate to be able to add him to our team and look forward to benefiting from his insights.”

Requests

Current and previous management of Mr. Ndlovu and other matters required to be notified in accordance with paragraph (g) of Schedule 2 to the AIM Rules.

The names of all companies and partnerships of which Mr Ndlovu was a director or partner at any time during the previous five years are given below.

Mr Ndlovu's full name is Julie Ndlovu. He is 60 years old.

Mr Ndlovu owns 36% of the shares of Fremiro Investments (Private) Limited, which owns 567,266 shares in the company.

There are no other matters disclosed to the Company that are required to be declared in accordance with paragraph (g) of Schedule 2 to the AIM Rules.

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