Exercise of Options and Sale of Shares by PDMR

Anglo Asian Mining PLC ("Anglo Asian", the "Company" or the "Group"), the AIM listed gold, copper and silver producer focused in Azerbaijan, announces that it has received notification from Stephen Westhead, Vice President and a person discharging managerial responsibilities ("PDMR") that he has exercise 160,000 options over ordinary shares of £0.01 each in the capital of the Company ("Ordinary Shares") granted to him at an exercise price of £1.11 per option ("Options").

Following Mr Westhead's Option exercise, he immediately sold 40,000 Ordinary Shares in order to facilitate a cashless exercise, at a price of 380 pence per Ordinary Share.

Following the exercise of Options and sale of Ordinary Shares, Mr Westhead has an interest of 406,002 ordinary shares, representing 0.354 per cent. of the Company's issued share capital.

Admission and Total Voting Rights

The 160,000 new Ordinary Shares will rank pari passu in all respects with the existing ordinary shares of 1p each in the Company including the right to receive any dividend or other distribution thereafter declared, made or paid. Application has been made to the London Stock Exchange for the new Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective and that dealings in the new Ordinary Shares will commence on or around 30 July 2026.

Following the issue of the new Ordinary Shares, the Company's issued share capital now consists of 114,772,024 ordinary shares of 1p each, 150,000 of which are held in treasury. Therefore, the total number of voting rights in the Company is 114,622,024.

The above figure of 114,622,024 may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.