Reviewed Interim Report for the six months to 30 June 2026

Gemfields announces the Group’s financial results for the six months to 30 June 2026 (“2026 Interim Results”).

Summarised Results:

Total revenue for the six months to 30 June 2026 of USD 106.0 million.
EBITDA for the six months to 30 June 2026 of USD 40.7 million.
Statutory loss per share of USDc 4.3 primarily driven by a non-cash impairment charge of USD 125.2 million, recognised in respect of MRM.
Adjusted headline earnings per share of USDc 0.6.
Free cash flow before working capital movements for the six months to 30 June 2026 of USD 17.4 million, reflecting the inclusion of revenues from the delayed December 2025 mixed-quality ruby auction, which was held in February 2026.
The Group’s net debt position at 30 June 2026 was USD 44.2 million (before USD 33.3 million of auction receivables, which have now been collected in full).