ISSUE OF SHARES FOLLOWING VESTING OF RSUs

Mkango Resources Limited has announced the issuance of 2,038,589 common shares following the vesting of Restricted Share Units for its former CFO, with these new shares expected to be admitted to trading on AIM and the TSX-V around February 23, 2026. Upon admission, the company's total issued and outstanding share capital will be 349,231,496 shares, with no shares held in treasury.