Document Release

In accordance with AIM Rule 17, shareholders are advised that Gemfields has issued and allotted 61,120 new ordinary shares of USD0.00001 each in the Company (“Ordinary Shares”) following the exercise of share options by a group employee.

In accordance with AIM Rule 17, shareholders are advised that Gemfields has issued and allotted 250,000 new ordinary shares of USD0.00001 each in the Company (“Ordinary Shares”) following the exercise of share options by a group employee.

In accordance with AIM Rule 17, shareholders are advised that Gemfields has issued and allotted 1,284,816 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 627,300 new ordinary shares of USD0.00001 each in the Company (“Ordinary Shares”) following the exercise of share options by group employees.

On 30 November 2022, the Company announced that Kartikeya Parikshya, a PDMR of the Company, had exercised 1,000,000 share options at an exercise price of ZAR2.30 per Ordinary Share (as defined below) and 471,377 share options at an exercise price of ZAR2.97 per Ordinary Share.

In accordance with AIM Rule 17, shareholders are advised that Gemfields has issued and allotted 300,000 new ordinary shares of USD0.00001 each in the Company (“Ordinary Shares”) following the exercise of share options by a group employee.

Shareholders are advised that the Company’s Extraordinary General Meeting (“EGM”) was held today, Wednesday 30 November 2022, pursuant to which the Company sought shareholder approval for a general share buy-back programme of up to USD 10 million (the “Share Buy-Back”).

In accordance with AIM Rule 17, shareholders are advised that Gemfields has issued and allotted 2,607,767 new ordinary shares of USD0.00001 each in the Company (“Ordinary Shares”) following the exercise of share options by group employees and Kartikeya Parikshya (a person discharging managerial responsibilities, or “PDMR”).

In accordance with AIM Rule 17, shareholders are advised that Gemfields has issued and allotted 860,650 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 1,170,770 new ordinary shares of USD0.00001 each in the Company (“Ordinary Shares”) following the exercise of share options by group employees.