Karelian Diamond Resources Plc - Holding(s) in Company

TR-1: Standard form for notification of major holdings NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) i 1a. Identity of Karelian Diamond the issuer or the Resources plc underlying issuer of existing shares to which voting rights are attached ii: 1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate) Non-UK issuer 2. Reason for the notification (please mark the appropriate box or boxes with an "X") An acquisition or X disposal of voting rights An acquisition or disposal of financial instruments An event changing the breakdown of voting rights Other (please specify) iii: 3. Details of person subject to the notification obligation iv Name Adrian Milligan City and country UK of registered office (if applicable) 4. Full name of shareholder(s) (if different from 3.) v Name City and country of registered office (if applicable) 5. Date on which 26/03/2025 the threshold was crossed or reached vi: 6. Date on which 27/03/2025 issuer notified (DD/MM/YYYY): 7. Total positions of person(s) subject to the notification obligation % of voting % of voting Total of both Total rights rights in % (8.A + number of attached to through 8.B) voting shares financial rights (total instruments held in of 8. A) (total of issuer 8.B 1 + 8.B (8.A + 2) 8.B) vii Resulting 4.07% 4.07% 7,000,000 situation on the date on which threshold was crossed or reached Position of 3.87% 3.87% previous notification (if applicable) 8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii A: Voting rights attached to shares Class/type of Number of % of shares voting voting rights ix rights ISIN code (if possible) Direct Indirect Direct Indirect (DTR5.1) (DTR5.2.1) (DTR5.1) (DTR5.2.1) 7,000,000 4.07% SUBTOTAL 8. A 7,000,000 4.07% B 1: Financial Instruments according to DTR5.3.1R (1) (a) Type of Expiration Exercise/ Number of % of financial date x Conversion voting voting instrument Period xi rights rights that may be acquired if the instrument is exercised/c onverted. SUBTOTAL 8. B 1 B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b) Type of Expiration Exercise/ Physical Number of voting % of financial date x Conversion or cash rights voting instrument Period xi rights Settlement xii SUBTOTAL 8.B.2 9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X") Person subject X to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary) xiv Name xv % of voting rights if it equals or is % of voting Total of both higher than the notifiable threshold rights if it equals or through is higher than financial the notifiable instruments threshold if it equals or is higher than the notifiable threshold 10. In case of proxy voting, please identify: Name of the proxy holder The number and % of voting rights held The date until which the voting rights will be held 11. Additional information xvi Holding increased to 4.07% +-------------------+----------+ |Place of completion|UK | +-------------------+----------+ |Date of completion |27/03/2025| +-------------------+----------+ This information was brought to you by Cision http://news.cision.com

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