Caledonia Mining Corporation Plc Issue of Securities Pursuant to Long Term Incentive Plan Awards and Issue of New Long Term Incentive Plan Awards

Core Points - Caledonia Mining Corporation Plc announced the issuance of 80,230 common shares to staff members as part of the 2015 Omnibus Equity Incentive Compensation Plan following the financial results for the year ended December 31, 2024 [1][2] - The total number of shares in issue after this issuance will be 19,294,784 common shares, with no shares held in treasury [3] - The Compensation Committee approved new long-term incentive plan awards for staff, including Performance Units (PUs) and Restricted Share Units (RSUs) for key managerial personnel [4][5] Share Issuance Details - John Mark Learmonth, Director and Chief Executive Officer, will receive 29,817 securities, resulting in a total interest of 216,848 shares, representing 1.12% of the company's share capital [2] - The shares will be admitted for trading on AIM, with trading expected to commence around April 10, 2025 [2] Incentive Plan Awards - The total values of the new awards as of April 1, 2025, include US$491,715.90 for John Mark Learmonth, US$233,700.02 for James Mufara, US$226,630.14 for Ross Jerrard, and US$205,427.81 for Victor Gapare [4] - The PUs will vest based on performance metrics related to gold production and cost management, while the RSUs will vest based on continued employment [6][7][8] Fair Market Value - The Fair Market Value for the PUs and RSUs awarded was determined to be US$12.49, based on the closing price of Caledonia's shares [5] Vesting and Holding Period - Each vested PU and RSU entitles the recipient to receive one common share, with a minimum holding period of one year for the securities issued [8]