Change of Segment on Main Board of the JSE Limited

Gemfields’ Board of Directors is pleased to announce that the Company’s application to transfer its market segmentation on the Main Board of the JSE Limited (“JSE”), from the ‘Prime Segment’ to the ‘General Segment’, has been approved by the JSE with effect from Tuesday, 11 March 2025. The ‘General Segment’ aims to offer a suitable and efficient level of regulation tailored to the size and liquidity of issuers on the Main Board of the JSE.