Diamond Update

Core Viewpoint - Vast Resources plc is actively engaged in the diamond market, with a rough stone tender scheduled for the week of 17 November 2025, involving over 120,000 carats, following a temporary slowdown in demand during the Diwali festival period [2] Company Overview - Vast Resources plc is a UK AIM quoted mining company with operations in Romania, Tajikistan, and Zimbabwe [6] - The company aims to be involved in the entire value chain to maximize returns for shareholders [3] Romanian Operations - The company holds a 100% interest in Vast Baita Plai SA, which owns the Baita Plai Polymetallic Mine, with a JORC compliant Reserve & Resource Report indicating an initial production life of approximately 3-4 years and a total mineral resource of 15,695 tonnes copper equivalent, with an exploration target of 1.8M-3M tonnes [7] - The Manaila Polymetallic Mine is also owned by the company, which is looking to resume production after a period of care and maintenance [8] - The company has been granted the Manaila Carlibaba Extended Exploitation Licence to re-examine mineral resources in the larger licence area [9] Tajikistan Operations - Vast has a joint venture interest in the Takob Mine processing facility, which is fully financed and will provide a 12.25% royalty on sales of non-ferrous concentrate and other metals produced [10] - The company is contracted to develop and manage the Aprelevka gold mines, entitled to 10% of the earnings from Gulf International Minerals Ltd's 49% interest in the joint venture with the Tajikistan government, with current production of approximately 11,600 oz of gold and 116,000 oz of silver per annum [11] Future Strategy - The company is re-engaging its investment strategy in Zimbabwe and is in discussions for further mining concessions [9]