Extension of Loan Facility

Kazera Global plc (AIM: KZG), the AIM-quoted investment company, announces that it has agreed with its lenders, Richard Jennings and Tracarta Limited (together, the "Lenders"), to extend the term of the unsecured loan facilities originally entered into in August 2024 (the "Facility Agreements"), as detailed in an RNS dated 9 August 2024.

Under the original Facility Agreements, the loans were due for repayment on or before 30 October 2025. The Company and the Lenders have agreed to extend the repayment date to 30 April 2026, in order to provide continued financial flexibility as the Company advances its operations.

Revised Terms

The principal revised terms of the Facility Agreements are as follows:

• Term: Extended from 30 October 2025 to 30 April 2026.
• Interest: Fixed interest of 10%, accruing over both the principal and accrued interest.
• Reprofiling Fee: A 10% reprofiling fee will be settled in cash or, at the Company's discretion, through the issue of new ordinary shares. If settled in shares, the issue price will be the lower of the price of any shares issued in the next capital raise after this agreement or the five-day volume weighted average price (VWAP) at the date of signing. Any such shares will be issued either on the date of that capital raise or, if no raise occurs, within 30 days of this agreement.

All other terms of the Facility Agreements remain unchanged.

Dennis Edmonds, Chief Executive Officer of Kazera Global plc, commented: "We are extremely grateful to both Richard Jennings and Tracarta Limited for their continued support and confidence in Kazera. This extension provides the Company with additional flexibility and stability as our investee companies, Whale Head Minerals (Pty) Ltd and Deep Blue Minerals (Pty) Ltd, continue to strengthen their heavy mineral sands and diamond production, to drive sustained and growing cash generation. The willingness of our major shareholders to extend the facility demonstrates their ongoing commitment to Kazera's long-term strategy and their belief in the value creation potential of our South African investments."

Related Party Transaction

John Wardle, the ultimate beneficiary owner of Tracarta Limited and non-executive Chairman of the Company, and Catalyse Capital Ltd & Related Parties RS & CA Jennings, which is a significant shareholder in the Company, have extended the term of the Facility Agreements as set out above.

Such agreements constitute related party transactions pursuant to AIM Rule 13 of the AIM Rules for Companies. Accordingly, the independent directors for the purposes of the Facility Agreements, having consulted with Strand Hanson Limited, the Company's Nominated Adviser, consider the terms of the extension of the Facility Agreements to be fair and reasonable insofar as the Company's shareholders are concerned.