Share Premium Cancellation Effective

Central Asia Metals PLC (AIM: CAML) announces that at an extraordinary general meeting of the Company held on 30 March 2026, a resolution was passed by shareholders to cancel the share premium account of the Company (the 'Share Premium Cancellation').

To be effective, the Share Premium Cancellation, being a form of capital reduction, required Court approval and the Company is pleased to announce that this has now been obtained and, following the registration of the court order at Companies House, the Share Premium Cancellation is now effective with an effective date of 29 April 2026.

The Share Premium Cancellation has created further distributable reserves to support the Company's ability to make future payments of dividends to its shareholders and undertake potential further share buybacks (in each case should circumstances mean it is appropriate or desirable to do so), as well as other corporate purposes of the Company.

The Share Premium Cancellation will not, of itself, involve any distribution or return of capital to any shareholder and will not reduce the Company's underlying assets. The completion of the Share Premium Cancellation does not affect the rights attaching to the Ordinary Shares and does not result in any change to the number of Ordinary Shares in issue (or their nominal value).