KORE POTASH PLC - Staff Changes

Staff Changes

Kore Potash plc
(Incorporated in England and Wales)
Registration number 10933682
ASX share code: KP2
AIM share code: KP2 JSE share code: KP2
ISIN: GB00BYP2QJ94
(“Kore Potash” or the “Company”)

23 December 2022

                                          Staff changes

Kore Potash (AIM: KP2, ASX: KP2, JSE:KP2), the potash development company with 97%-ownership of
the Kola and DX Potash Projects in the Sintoukola Basin, located in the Republic of Congo announces
changes to the key management personnel of the Company.

With Kore Potash in the process of finalising the Engineering, Procurement and Construction (“EPC”)
contract for the Kola potash project (“Kola”) the Company has commenced reviewing management
requirements for the construction phase of Kola.

Having successfully completed the capital optimisation study and negotiated the key terms for an EPC
contract for Kola, the Company’s current Chief Operating Officer (“COO”), Gavin Chamberlain, who
has served as COO since September 2017, will conclude his employment with Kore Potash at the end
of January 2023 to take up a role located closer to his home base. Gavin leaves within the Company
highly experienced engineering capability to progress the development of the Company’s potash
projects.

Mr Brad Sampson the CEO of Kore Potash said “The board of directors (“Board”) and management
team of Kore Potash commend Gavin for his commitment and valuable contribution to the Company
for the last 5 years. We wish Gavin every success in his next role.”

Mr Ryan Leland, who has been the Project Director for Kola since 2017, continues in this role and will
report directly to the Chief Executive Officer, Mr Brad Sampson, with immediate effect.

Mr Sampson said, “Ryan has more than 5 years’ experience working on the design of Kola as the
Project Director and has extensive Canadian potash experience. He is ideally positioned to continue
to provide the project leadership that is required through completion of the EPC contract negotiations
and through the construction of Kola.”

The Company intends to commence recruitment for the construction phase of Kola during the first
half of 2023.

This announcement has been approved for release by the Board of Kore Potash.

                                     Market Abuse Regulation

This announcement contains inside information for the purposes of Article 7 of the Market Abuse
Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union
(Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under
Article 17 of MAR.

                                                ENDS
             
For further information, please visit www.korepotash.com or contact:

Kore Potash                                                  Tel: +27 84 603 6238
Brad Sampson – CEO


Tavistock Communications                                     Tel: +44 (0) 20 7920 3150
Emily Moss
Adam Baynes

SP Angel Corporate Finance – Nomad and Broker                Tel: +44 (0) 20 7470 0470
Ewan Leggat
Charlie Bouverat

Shore Capital – Joint Broker                                 Tel: +44 (0) 20 7408 4050
Toby Gibbs
James Thomas

Questco Corporate Advisory - JSE Sponsor                     Tel: +27 (11) 011 9205
Doné Hattingh

Date: 23-12-2022 09:00:00
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