Additional Subscription & Angola Discussions

Kazera Global plc (AIM: KZG), the AIM-quoted investment company, is pleased to announce that, further to its announcements of 8 September 2026, the Company has received a binding commitment for an additional direct subscription of £221,962.44 (the "Additional Subscription").

Under the Additional Subscription, the investor has committed to subscribe for 11,098,122 new Ordinary Shares (the "Additional Subscription Shares") at the previously announced issue price of 2.0 pence per Ordinary Share (the "Issue Price").

The Additional Subscription was referred to in the Company's fundraising announcement of 8 September 2026 as a potential further direct subscription which could be accepted following the close of the Bookbuild and prior to Admission.

The Additional Subscription follows separate discussions with an Angola-based investment group that views Kazera as a potential platform for pursuing opportunities in Angola's mining sector.

These discussions are at an early stage but are intended to explore the basis for a broader strategic partnership, with a view to entering a memorandum of understanding and, subject to the outcome of those discussions, progressing specific investment opportunities in Angola.

As a result, the total gross proceeds of the Fundraising will increase from £500,000 to approximately £722,000, through the proposed issue of an aggregate of 36,098,122 new Ordinary Shares pursuant to the Placing, Subscription and Additional Subscription.

The Additional Subscription is conditional, amongst other things, upon the passing of the Resolutions at the General Meeting of the Company to be held at 10.00 a.m. on 21 September 2026 and Admission of the Additional Subscription Shares becoming effective.

The Additional Subscription Shares will, when issued, be fully paid and will rank pari passu in all respects with the Company's existing Ordinary Shares.

Use of Proceeds

The Additional Subscription will form part of the Fundraising and the proceeds will be used for the purposes set out in the Company's announcements of 8 September 2026.

As previously announced, the Fundraising is intended to strengthen the Company's balance sheet and provide greater financial flexibility both to support its existing portfolio where appropriate and to pursue value-accretive investment opportunities.

Admission and Total Voting Rights

Application will be made to the London Stock Exchange for admission of the Additional Subscription Shares to trading on AIM, alongside the other New Ordinary Shares announced on 8 September 2026.

It is expected that Admission will become effective and dealings in the Additional Subscription Shares will commence at 8.00 a.m. on or around 22 September 2026, subject, amongst other things, to the Resolutions being passed at the General Meeting.

Following Admission of the Placing Shares, Subscription Shares, Additional Subscription Shares, Fee Shares and Creditor Shares, the total number of Ordinary Shares in the capital of the Company in issue will be 1,143,561,023, each with voting rights.

Capitalised terms used but not defined in this announcement have the meanings given to them in the Company's announcements of 8 September 2026, unless expressly stated otherwise or the context so requires.