Draft non-binding financing Term Sheet Update 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 CDI ISIN: AU000000KP25 ("Kore Potash" or the "Company") 02 June 2025 Draft non-binding financing Term Sheet Update Kore Potash (AIM: KP2, ASX: KP2, JSE: KP2, A2X: KP2), the potash development company with 97% ownership of the Kola Potash Project ("Kola" or the "Kola Project") and Dougou Extension ("DX") Potash Project in the Sintoukola Basin, located in the Republic of Congo ("RoC"), announces that further to its announcement of 28 April 2025, it continues to negotiate the draft non-binding Term Sheets with the Summit Consortium. The Company expects to make a further announcement, as soon as negotiations are complete. The negotiations are expected to conclude shortly. Enquiries: Kore Potash Tel: +44 (0) 20 3963 1776 Andre Baya – CEO Andrey Maruta - CFO SP Angel – Nomad and Joint 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 Tavistock Communications Tel: +44 (0) 20 7920 3150 Emily Moss Nick Elwes Questco Corporate Advisory – JSE Sponsor Tel: +27 (63) 482 3802 Doné Hattingh Date: 02-06-2025 05:07:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.