File: Attachment 06202555-00000001-00003202-11November3963277Caledonia_Mining_Corporation_Plc_EN-PDF.pdf

Caledonia Mining Corporation Plc Caledonia approves quarterly dividend (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) St Helier, November 11, 2024 Caledonia Mining Corporation Plc ("Caledonia" or "the Company") is pleased to announce that the board of directors has approved a quarterly dividend of 14 United States cents (US$0.14) on each of the Company's shares.

The relevant dates relating to the dividend are as follows: dot Ex-dividend date VFEX: November 20, 2024 dot Ex-dividend date AIM: November 21, 2024 dot Ex-dividend date NYSE American: November 22, 2024 dot Record date: November 22, 2024 dot Payment date: December 6, 2024 Shareholders with a registered address in the UK will be paid in Sterling. Caledonia's Dividend Policy Caledonia's strategy to maximise shareholder value includes a quarterly dividend policy which the Board adopted in 2014. The Board will consider future dividends as appropriate and in line with other investment opportunities and its prudent approach to risk management.

Head and Registered Office: Caledonia Mining Corporation Plc Unit B006, Millais House, Castle Quay, St Helier, Jersey, Channel Islands, JE2 3EF

info@caledoniamining.com | | www.caledoniamining.com Enquiries:

Caledonia Mining Corporation Plc Tel: +44 1534 679 800 Mark Learmonth Tel: +44 7817 841 793 Camilla Horsfall

Cavendish Capital Markets Limited (Nomad and Tel: +44 207 397 1965 Joint Broker) Tel: +44 131 220 9775 Adrian Hadden Pearl Kellie

Panmure Liberum (Joint Broker) Tel: +44 20 3100 2000 Scott Mathieson/Matt Hogg

Camarco, Financial PR (UK) Tel: +44 20 3757 4980 Gordon Poole

3PPB (Financial PR, North America) Tel: +1 917 991 7701 Patrick Chidley Tel: +1 203 940 2538 Paul Durham

Curate Public Relations (Zimbabwe) Tel: +263 77802131 Debra Tatenda

IH Securities (Private) Limited (VFEX Tel: +263 (242) 745 Sponsor - Zimbabwe) 119/33/39 Lloyd Mlotshwa

This announcement contains inside information which is disclosed in accordance with the Market Abuse Regulation (EU) No. 596/2014 ("MAR") as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 and is disclosed in accordance with the Company's obligations under Article 17 of MAR.