November 12, 2021

Appointment of Alternate Director

Gemfields is pleased to announce that Kieran Daly will join the Board as an Alternate Director to Non-Executive Director Patrick Sacco with immediate effect. Mr Daly will act for Mr Sacco in the event of any absence.

Issue of Equity and Total Voting Rights

In accordance with AIM Rule 17, shareholders are advised that Gemfields have issued and allotted 12,000 new ordinary shares of USD0.00001 each in the Company (“Ordinary Shares”) following the exercise of employee share options.