Zulu Lithium Plant Update

Premier African Minerals Limited ("Premier" or the "Company") is pleased to provide this update on the plant status at the Zulu Lithium and Tantalum Project ("Zulu") following the announcement on 4 August 2025.

The second phase of the plant test run commenced on schedule. Changes as set out in our previous announcement are being implemented. We continue to deal with optimisation and commissioning issues as would normally be expected and continue to see promising results with each step forward. The knowledge and information being accumulated and the assistance and input from a very senior OEM team and our newly appointed Managing Director, Graham Hill, is all expected to combine in supporting this process underway at present. During the next seven days we expect to be able to take a final decision on how soon, if at all, the purchase of the secondary spodumene float section should proceed.

At the same time, plans are progressing with the two remaining plant issues requiring longer term solutions, the replacement of the original OEM supplied sorters that are not fit for purpose and completion of the tantalum recovery circuit. In regard to the tantalum circuit, we have had interest from several parties seeking to purchase tantalum and potentially assisting with the cost of the circuit.

George Roach, CEO commented, "We are generally pleased with progress and remain as confident as ever in the final successful conclusion of this phase."

Market Abuse Regulations

The person who arranged the release of this announcement on behalf of the Company was George Roach.

A copy of this announcement is available at the Company's website, www.premierafricanminerals.com.

Glossary