Receipt of US$10 million in funds from SA sale

Altx share code: JBL

('Jubilee' or 'Company' or 'Group')

Receipt of US$10 million in funds from SA sale

Jubilee, the Zambia copper focused producer, is pleased to announce that, following completion of the sale of its South African Chrome and PGM Operations, the Company has now received the second cash instalment of US$10 million from Chrome One as outlined in the circular released on 12 August 2025 ('Circular').

For details on the proposed use of proceeds and a schedule of further payments under the agreement, please refer to the Circular available at the following link: https://jubileemetalsgroup.com/wp-content/uploads/2025/08/Proposed-disposal-of-the-South-African-Chrome-and-PGM-Operations.pdf.

AGM Q&A

Ahead of the upcoming Annual General Meeting on 14 January 2026, management would like to provide the opportunity for investors to submit questions ahead of the meeting via email to the following address: jmorley-kirk@jubileemetalsgroup.com.

Jubilee Metals Group PLC

Leon Coetzer (CEO)/Jonathan Morley-Kirk (FD)

Nominated Adviser - SPARK Advisory Partners Limited

Andrew Emmott/James Keeshan

PR & IR Adviser - Tavistock

Jos Simson/Gareth Tredway

Joint Broker - Zeus Capital

Harry Ansell/Katy Mitchell

Joint Broker - Shard Capital Partners LLP

Erik Woolgar/Gareth Burchell

Tel +44 (0) 207 1869900

JSE Sponsor - Questco Corporate Advisory Proprietary Limited

Alison McLaren

Financial Advisor to the transaction

Absa Corporate and Investment Bank, a division of Absa Bank Limited

Craig Brewer