Document Release

In accordance with AIM Rule 17, shareholders are advised that Gemfields has issued and allotted 377,790 new ordinary shares of USD0.00001 each in the Company (“Ordinary Shares”) following the exercise of share options by group employees.

At the Company’s AGM on 29 June 2022, more than 25% (27.14%) of the votes were cast against non-binding advisory vote number 1, to endorse the Company’s Remuneration Policy. The non- binding advisory vote number 2, to endorse the Company’s Remuneration Implementation Report, was carried.

In accordance with AIM Rule 17, shareholders are advised that Gemfields has issued and allotted 800,300 new ordinary shares of USD0.00001 each in the Company (“Ordinary Shares”) following the exercise of share options by group employees.

In accordance with AIM Rule 17, shareholders are advised that Gemfields has issued and allotted 269,650 new ordinary shares of USD0.00001 each in the Company (“Ordinary Shares”) following the exercise of share options by group employees.

Gemfields shareholders are advised that the Company has released information about its operating results and financial position up to and including 30 June 2022. The figures have been produced on a monthly basis for Gemfields’ 75%-owned Kagem emerald mine, its 75%- owned Montepuez ruby mine and wholly owned Fabergé, the iconic luxury brand.

Following the update of 13 June 2022, regarding the Cabo Delgado insurgency, the Company wishes to report further developments.

Further the Company’s announcement earlier today, pursuant to which shareholders were advised that Gemfields had issued and allotted 1,391,000 new ordinary shares of USD0.00001 each in the Company (“Ordinary Shares”) following the exercise of share options by Toby Hewitt, Gemfields’ Company Secretary and General Counsel, shareholders are advised that Toby Hewitt has cancelled his share options exercise and accordingly the Company has cancelled the issue and allotment of 1,391,000 new Ordinary Shares.

In accordance with AIM Rule 17, shareholders are advised that Gemfields has issued and allotted 1,391,000 new ordinary shares of USD0.00001 each in the Company (“Ordinary Shares”) following the exercise of share options by Toby Hewitt, Gemfields’ Company Secretary and General Counsel.

In accordance with AIM Rule 17, shareholders are advised that Gemfields has issued and allotted 401,150 new ordinary shares of USD0.00001 each in the Company (“Ordinary Shares”) following the exercise of share options by group employees.