Day

September 21, 2021

Disclosure of beneficial interests in securities

In compliance with paragraph 3.83(b) of the JSE Listings Requirements, shareholders are advised that Gemfields received formal notification on 21 September 2021 from Assore International Holdings Limited (“Assore”) that Assore acquired on 17 September 2021 a beneficial interest in 90,533,595 ordinary shares of the Company. Following the acquisition, Assore held a total of 148,947,454 ordinary shares, equivalent to 12.74% of the total issued shares in the Company.