Day

September 29, 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 29 September 2021 from Assore International Holdings Limited (“AIHL”) that AIHL acquired, on 29 September 2021, a beneficial interest in 156,863,106 ordinary shares of the Company. Following the acquisition, AIHL held a total of 305,810,560 ordinary shares in the Company representing 26.17% of the total issued share capital in the Company.