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Author: Admin | 2025-04-28

Has never been more crucial. Shuka is proud to contribute to this significant process.The Board would like to record its appreciation for Noel's leadership of the Company and also that of both Paul and Dr Zimbler. We are very grateful for their very significant contribution to the Company over the past few years. They have driven a transformation strategy and created a simpler, more focused business that can now begin to deliver shareholder returns. The Company has real potential as it enters the next phase of development and growth."Richard Lloyd, Executive Director and CEO, Shuka Minerals Plc said:"I am honoured to join Shuka at such an exciting time in the Company's journey; the Company is uniquely positioned to play a leading role in African mine development. I look forward to bringing my expertise to support Shuka's ambitious growth plans and enhance its reputation as a trusted partner in Zambia's mining industry.I would like to welcome Mr. Ruheni, whom I have worked with for some three years now, to the Board. Together, we will focus on building Shuka into a strong operating mining company with world class assets, and creating value for our stakeholders and the communities we engage with.On behalf of the Company, I would like to thank Noel Lyons, Paul Ryan and Allen Zimbler for their commitment to the Company over recent years and wish them the best in their future endeavours."Competent Person StatementsDr. Dion Brandt, Senior Associate for Behre Dolbear International Ltd, has reviewed and approved the technical information contained within this announcement, in the context of its appropriate extraction from the CPR, in his capacity as a Qualified Person, as required under the AIM Rules (AIM Note for Mining, Oil and Gas Companies). Dr Dion Brandt, Ph.D M.Sc, B.Sc (Hons), Fellow of the Geology Society of South

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