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") Results of Extraordinary General Meeting LONDON, 30 NOVEMBER 2022 Shareholders are advised that the Company’s Extraordinary General Meeting (“EGM”) was held today, Wednesday 30 November 2022, pursuant to which the Company sought shareholder approval for a general share buy-back programme of up to USD 10 million (the “Share Buy-Back”). The Company is pleased to announce that all the binding resolutions as set out in the notice of EGM and accompanying shareholder circular were duly passed by the requisite majority of shareholders. Accordingly, the Company expects to commence the Share Buy-Back as soon as reasonably practicable. The Company will release a further announcement once the programme has commenced. Details of the voting results at the EGM are as follows: Total number of Ordinary Shares (with voting rights) 1,207,479,465 Total number of Ordinary Shares present/represented including 750,358,042 proxies at the meeting (including shares abstained from voting) Total number of Ordinary Shares present/represented including 750,022,257 proxies at the meeting (excluding shares abstained from voting) Percentage of Ordinary Shares represented at the meeting 62.14% Gemfields Group Limited, Royal Chambers, St Julian’s Avenue, St Peter Port, GY1 4HP, Guernsey T +44 (0)1481 731 554 gemfieldsgroup.com Resolution proposed For Against Abstain Special Resolution 1: General Authority to Repurchase Ordinary Shares 749,968,219 54,038 335,785 99.99% 0.01% Special Resolution 2: General Authority to Cancel Ordinary Shares 749,945,832 43,294 366,019 99.99% 0.01% Ordinary Resolution Authorising Resolution 749,984,219 38,038 335,785 99.99% 0.01% -ENDS- Further information on Gemfields Group Limited can be found at: GEMFIELDSGROUP.COM To join our investor mailing list, contact us on: ir@gemfields.com Gemfields Group Limited Page 2 of 4 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 finnCap (AIM) & JOINT BROKER Christopher Raggett / Tim Redfern / Edward Whiley 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 ADDITIONAL INFORMATION ON GEMFIELDS Gemfields is a world-leading miner of responsible 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 Group Limited Page 3 of 4 Gemfields has developed a proprietary grading system and a pioneering auction and trading 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