WRAP Retail Offer for up to £91,077

Kropz Plc (AIM: KRPZ), an emerging African phosphate producer and developer, is pleased to announce a retail offer to its existing retail investors via the Winterflood Retail Access Platform ("WRAP") to raise up to £91,077 (the "WRAP Retail Offer") through the issue of new ordinary shares of 0.1 pence each in the capital of the Company ("Ordinary Shares"). Under the WRAP Retail Offer, up to 7,919,793 new Ordinary Shares (the "WRAP Retail Offer Shares") will be made available at a price of 1.15 pence per WRAP Retail Offer Share .

In addition to the WRAP Retail Offer and as announced earlier today, the Company has announced a subscription of 71,856,832 new Ordinary Shares (the "Subscription Shares" and together with the WRAP Retail Offer Shares, the "New Ordinary Shares") to raise £826,354 (before expenses) (the "Subscription" at an issue price of 1.15 pence per Subscription Share (the "Subscription Price"). This earlier announcement sets out the reasons for the Subscription and the intended use of proceeds for both the Subscription and the WRAP Retail Offer (together, the "Fundraising"). The issue price of the WRAP Retail Offer Shares is equal to the Subscription Price.

The WRAP Retail Offer and the Subscription are conditional on, inter alia, (i) the receipt of the Exchange Control Approval, and (ii) the New Ordinary Shares being admitted to trading on AIM ("Admission"). It is anticipated that application will be made for Admission of the New Ordinary Shares to commence at 8.00 a.m. on 26 March 2026, being the fourth business day following the expected date of receipt of Exchange Control Approval. The date of Admission will be reconfirmed upon announcement of the receipt of Exchange Control Approval.

WRAP Retail Offer

Therefore, the Company is making the WRAP Retail Offer open to eligible investors in the United Kingdom following release of this announcement, being existing shareholders of Kropz, and through certain financial intermediaries.

The WRAP Retail Offer is expected to close at 4:30 pm on 24 February 2026. Eligible shareholders should note that financial intermediaries may have earlier closing times.

There is a minimum subscription of £100 per investor under the WRAP Retail Offer. The terms and conditions on which investors subscribe will be provided by the relevant financial intermediaries including relevant commission or fee charges.