Management Change 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 ("Kore Potash" or the "Company") 31 October 2023 Management Change Kore Potash (AIM: KP2, ASX: KP2, JSE:KP2), the potash development company with 97% ownership of the Kola and DX Potash Projects in the Sintoukola Basin, located in the Republic of Congo, announces the resignation of Mr Brad Sampson, the Company's Chief Executive Officer ("CEO"). Mr Sampson, who joined the Company as CEO in May 2018, has resigned as a Director of the Company with immediate effect, and will continue as CEO until the end of November 2023. He is leaving the Company in order to pursue his other business interests. The Company does not intend to appoint a new CEO until after the receipt of the financing proposal for the construction of the Kola Potash Project. The Chairman will assume the role of CEO in the interim. Mr David Hathorn, the Chairman of Kore Potash said: "The Board and Management team of Kore Potash would like to thank Brad for his leadership and valuable contribution to the Company over the last 5 years. We wish Brad every success in the future." The process to reach agreement on Engineering, Procurement and Construction contract terms, and to receive a financing proposal for the full construction cost of the Kola Potash Project, is now near completion and is expected to be finalised during the first quarter of 2024 with construction contractors scheduled to be mobilised during the first half of 2024. This announcement has been approved for release by the Board of Kore Potash. Market Abuse Regulation This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR. ENDS For further information, please visit www.korepotash.com or contact: Kore Potash Brad Sampson – CEO Tel: +27 84 603 6238 Tavistock Communications Nick Elwes Tel: +44 (0) 20 7920 3150 Adam Baynes SP Angel Corporate Finance – Nomad and Broker Ewan Leggat Tel: +44 (0) 20 7470 0470 Charlie Bouverat Shore Capital – Joint Broker Toby Gibbs Tel: +44 (0) 20 7408 4050 James Thomas Questco Corporate Advisor – JSE Sponsor Doné Hattingh Tel: +27 (11) 011 9205 Date: 31-10-2023 10:39:00 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.