Incorporated in Guernsey. Guernsey registration Number: 47656.
                      South African external company registration number 2009/012636/10
                                     Share code on JSE:GML / AIM:GEM
                           ISIN: GG00BG0KTL52 | LEI: 21380017GAVXTCYS5R31
                                        ("Gemfields" or the "Company")




AIM Rule 17 Schedule 2(g) Update
LONDON, 15 NOVEMBER 2023


Gemfields announces that the following information is being disclosed pursuant to Rule 17 and
Schedule Two Paragraph (g) of the AIM Rules for Companies.

Previous and current directorships and partnerships (held in the past five years and as at the date
of the original announcements containing Schedule 2(g) information). The original
announcements relate to either the Schedule One Pre-Admission Appendix published on 17
January 2020 (“Schedule One”) or the specific appointment announcement for that director:



Carel Johannes Malan, Independent Non-Executive Director
 Current as at the date of the Schedule One             Previous as at the date of the Schedule One
 Jimmitrot                                              N/A




Kwape David Mmela, Independent Non-Executive Director
 Current as at the date of the Schedule One             Previous as at the date of the Schedule One
 Gemach Investments                                     Ledima Investments
 Heimishe Investments                                   Moepi Chromite
 Hlamogolo Family Trust                                 Moepi Group
 Krasdale Investments                                   Moepi Platinum
 MKM Aviation                                           Moepi Uranium
 Williamsburg Investments                               Sengani Family Mining and Exploration Holdings




   Gemfields Group Limited, Royal Chambers, St Julian’s Avenue, St Peter Port, GY1 4HP, Guernsey
                                     T +44 (0)1481 731 554
                                        gemfieldsgroup.com
Lumkile Patriarch Mondi, Independent Non-Executive Director
 Current as at the date of the Schedule One               Previous as at the date of the Schedule One
 Arengo 316 (RF) (Pty) Ltd                                Rand and Bullion (Pty) Ltd
 Centre of Excellence in Financial Services               Ricoflex (Pty) Ltd
 Eyesizwe (RF) (Pty) Ltd                                  Taronet (Pty) Ltd
 G10 Investments (Pty) Ltd                                Umthathi Coal (Pty) Ltd
 KWV Limited
 Rolfo South Africa (Pty) Ltd
 Safal Steel (Pty) Ltd
 SBI The Big Voice of Small Business
 South African Housing Development Fund (RF)
 (Pty) Ltd
 Taronet (Pty) Ltd
 The Good Law Foundation




Mary Margaret Reilly, Independent Non-Executive Director
 Current as at the date of the original appointment       Previous as at the date of the original appointment
 announcement on 4 December 2020                          announcement on 4 December 2020
 N/A                                                      Cab Payments Holdings Plc
                                                          IW Games Community Interest Company




Patrick Eugenio Sacco, Non-Executive Director
 Current as at the date of the original appointment       Previous as at the date of the original appointment
 announcement on 11 October 2021                          announcement on 11 October 2021
 Minmet S.A.M                                             N/A
 Ore and Metal International Limited
 Orsteel Proprietary Limited




                                                      -ENDS-




Gemfields Group Limited                                                                                 Page 2 of 4
              Further information on Gemfields Group Limited can be found at:
                                     GEMFIELDSGROUP.COM




                          To join our investor mailing list, contact us on:
                                        ir@gemfields.com


                           For any press enquiries please contact us on:
                                    gemfields@camarco.co.uk




                                           ENQUIRIES




 GEMFIELDS                         Sean Gilbertson / David Lovett / Ian Hughes
                                   ir@gemfields.com
                                   T: +44(0) 20 7518 3400

 SPONSOR (JSE)                     Investec Bank Limited


 NOMINATED ADVISER                 Cavendish Capital Markets Limited
 (AIM) & JOINT BROKER              Neil McDonald / Edward Whiley / Tim Redfern
                                   T: +44(0) 20 7220 0500


 JOINT BROKER                      Liberum
                                   Scott Mathieson / Kane Collings
                                   T: +44(0) 20 3100 2222


 FINANCIAL PR/ IR                  Camarco
                                   Gordon Poole / Emily Hall
                                   T: +44(0) 20 3757 4980




Gemfields Group Limited                                                          Page 3 of 4
ADDITIONAL INFORMATION ON GEMFIELDS




Gemfields is a world-leading responsible miner and marketer of coloured gemstones. Gemfields is
the operator and 75% owner of both the Kagem emerald mine in Zambia (believed to be the
world’s single largest producing emerald mine) and the Montepuez ruby mine in Mozambique (one
of the most significant recently discovered ruby deposits in the world). In addition, Gemfields also
holds controlling interests in various other gemstone mining and prospecting licences in Zambia,
Mozambique, Ethiopia and Madagascar.


Gemfields’ outright ownership of Fabergé - an iconic and prestigious brand of exceptional heritage
- enables Gemfields to optimise positioning, perception and consumer awareness of coloured
gemstones through Fabergé designs, advancing the wider group’s “mine and market” vision.


Gemfields has developed a proprietary grading system and a pioneering auction platform to
provide a consistent supply of coloured gemstones to downstream markets, a key component of
Gemfields’ business model that has played an important role in the growth of the global coloured
gemstone sector.




                                           GEMFIELDS

                       GEMFIELDS.COM | INVESTORS |FOUNDATION

                      INSTAGRAM | FACEBOOK | TWITTER | YOUTUBE




                                            FABERGÉ

            FABERGÉ.COM | INSTAGRAM | FACEBOOK | TWITTER | YOUTUBE




                                   KAGEM MINING LINKEDIN

                             MONTEPUEZ RUBY MINING LINKEDIN




Gemfields Group Limited                                                                  Page 4 of 4