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Directorate Change

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Gemfields Group Limited announced that Sean Gilbertson will step down as Chief Executive Officer and director effective July 15, 2026, by mutual agreement with the Board. David Lovett, currently Chief Financial Officer, has been appointed Interim Chief Executive Officer while retaining his CFO role, and the Board will initiate a search for a permanent successor. Bruce Cleaver, Non-Executive Chairman, will provide additional support during this transition period to ensure continuity and focus on operational and strategic priorities.

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("Gemfields" or the "Group" or the "Company")

Directorate Change

LONDON, 30 JUNE 2026

Gemfields announces that Sean Gilbertson will, by mutual agreement with the Board, step down as Chief Executive Officer and as a director of the Company with effect from 15 July 2026.

The Board would like to thank Sean for his contribution to the Company and wishes him well in his future endeavours.

David Lovett, who has held the role of Chief Financial Officer for 8 years, has been appointed as Interim Chief Executive Officer alongside his existing role as Chief Financial Officer. The Board, advised by the Nominations Committee, will in due course commence a formal process to identify a permanent successor.

The Board believes that this interim arrangement provides continuity of leadership and ensures ongoing focus on the Company's operational and strategic priorities. During this interim arrangement, Bruce Cleaver, Non-Executive Chairman of the Board, has agreed to dedicate additional time to supporting the business and the management team.

Further updates will be provided as appropriate.

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Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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