Annual General Meeting Update

On 18 March 2020, KAZ Minerals PLC (“the Company”) announced that it had posted or otherwise made available its Notice of Annual General Meeting for the Annual General Meeting 2020, which is due to be held on Thursday 30 April 2020 at 12.15pm.

On 23 March 2020, the UK Government announced the “Stay At Home” rules, which are compulsory measures aimed at limiting the spread of the coronavirus disease (Covid-19). On 26 March 2020, a statutory instrument was passed giving legal effect to the “Stay At Home” rules. The “Stay At Home” rules prohibit, among other things, public gatherings of more than two people, subject to only very limited exceptions. As a result, the 2020 Annual General Meeting of the Company is expected to be held in a format different to that of previous years, while still allowing for shareholders to exercise their voting rights.

The Company is continuing to monitor closely the impact of Covid-19 in the United Kingdom. Set out below is the Board’s current proposal for the arrangements for the Annual General Meeting. The Company will notify shareholders of any changes to these arrangements prior to the Annual General Meeting via an RNS announcement and on its website at:

https://www.kazminerals.com/investors/shareholder-centre/general-meetings/

Consistent with the “Stay At Home” rules, and in accordance with guidance published by The Chartered Governance Institute (ICSA), the Annual General Meeting is expected to be held with only the minimum number of persons present as is legally required to form a quorate meeting. Two Directors or senior employees of the Company, each of whom is either a shareholder, or a proxy or corporate representative appointed by a shareholder, will attend the meeting. One of them will be appointed as chair of the meeting in accordance with the Company’s articles of association. The attendance of these two people is permitted under the “Stay At Home” rules, as it is “essential for work purposes”. All social distancing precautions will be observed by the two persons who attend in person, and the duration of the Annual General Meeting will be minimised in accordance with the “Stay At Home” rules.

The attendance of any other shareholder, proxy or corporate representative is not permitted under the “Stay At Home” rules currently expected to be in force at the date of the Annual General Meeting. No shareholder, proxy or corporate representative should attend the Annual General Meeting in person, as doing so would be in breach of the “Stay At Home” rules and potentially unsafe for them or the limited number of other persons in attendance. The chair of the Annual General Meeting will exercise his powers to exclude any person who attempts to do so, and they will not be permitted entry to the location of the Annual General Meeting.

The Board therefore strongly encourages shareholders to appoint the chair of the Annual General Meeting as their proxy to exercise their right to vote at the Annual General Meeting in accordance with their instructions. Shareholders are encouraged to submit proxy votes to the Company’s Registrars, Computershare, as early as possible. Shareholders that have already appointed someone other than the chair of the Annual General Meeting as their proxy are encouraged to appoint the chair of the Annual General Meeting instead. If you require a replacement proxy form or need assistance with online voting, please email WebCorres@computershare.co.uk. Votes already lodged can be changed up to 48 hours before the meeting.

If shareholders have any questions relating to the business to be dealt with at the Annual General Meeting, they are invited to submit these questions in advance of the Annual General Meeting. Shareholders may submit questions up until 11.30am on 23 April 2020 by sending an email to the Board at AGM2020@kazminerals.com. The Board will provide answers to any questions it receives as if they had been asked at the Annual General Meeting and where it would have been required to do so pursuant to section 319A of the Companies Act 2006.

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