Commence Trading on Australian Securities Exchange

Ariana Resources plc (AIM: AAU, ASX: AA2, "Ariana" or the "Company"), the mineral exploration, development and production company with gold project interests in Africa and Europe, is pleased to announce the commencement of trading of Chess Depositary Interests over the Company's ordinary shares ("CDIs") on the Official List of the Australian Securities Exchange ("ASX") via www.asx.com.au/markets/company/AA2.

Highlights:

• The Company raised A$11 million in gross proceeds under its ASX dual listing offer ("ASX Offer") through the issue of 39,285,714 CDIs at a price of A$0.28 per CDI. Each CDI represents 10 underlying ordinary shares in the capital of the Company.
• CDIs were admitted to the Official List of the ASX on 8 September 2025 and trading of the CDIs commenced earlier today, under the ticker "AA2".
• Trading on the ASX will have no direct impact on the trading of the Company's shares on AIM, which will continue under the ticker "AAU".
• The Board believes that the ASX dual-listing, achieved during a time of growing global demand for gold, will be beneficial to the Company as it:

o enables the Company to raise the profile of the Company's Dokwe Gold Project (following a recent update to the Pre-Feasibility Study for the Project RNS), which highlights the Project as a major gold development asset, capable of generating significant financial returns in a market in which gold exploration and development companies have attracted significant investor interest;

o extends Ariana's shareholder base, enabling wider trading and providing greater liquidity for Ariana shares;

o provides existing Australian investors with the opportunity to reposition securities held in the UK to Australia, should they so desire; and

o enables close communication with Australian investors through its Australian operational base.

• Kerim Sener, Managing Director of Ariana Resources, commented:

"We are delighted to announce that trading of our CDIs has commenced today on the ASX. In doing so, we welcome the support of the Company's new investors, who join us just as Ariana is making great strides, both operationally and commercially.

"We recently announced the updated economics for our Dokwe Gold Project, and we believe this is an opportune moment to raise the profile of the Project, which is currently the largest undeveloped gold deposit in Zimbabwe.

"At a time when significant growth in gold demand is forecast over the coming years - driven largely by the forces of rising economic uncertainty, inflation, and geopolitical tensions - central banks and investors are turning to gold as a safe-haven asset, pushing prices higher amid limited new supply. Our strategy is to continue our work to progress the Dokwe Gold Project during these positive and dynamic economic times.

"We believe that trading on the ASX will extend the Company's shareholder base, enable wider trading and offer greater liquidity for Ariana's shares. Gold companies listed on the ASX have attracted significant investor interest of late. As such, we believe that the listing will help enable the Company to achieve a more attractive valuation in respect of its major development-stage Dokwe Gold Project, which will benefit both our new and long-standing investors. At this fundamental moment in the Company's history, we look forward to advancing Dokwe towards production and delivering long-term value to all stakeholders."

The Board of Ariana has approved this announcement and authorised its release.