January 11, 2019

Non‐Executive Director Appointment

Gemfields advises that Mr Carel Malan has been appointed as a Non‐Executive Director of the Company with effect from 9 January 2019. Mr Malan will also serve as a member of the Company’s Audit Committee. Mr Malan is a South African chartered accountant and is the Chief Financial Officer of the Tshipi manganese mine owned by Tshipi e Ntle Manganese Mining (Pty) Ltd (in which the Company has an indirect interest of approximately 3.7%).