IRW-PRESS: Caledonia Mining Corporation: Caledonia Mining Corporation: Bekanntmachung über Anteilserhöhung durch BlackRock Inc.

St Helier, September 29, 2020 - Caledonia Mining Corporation Plc ("Caledonia" or the "Company" - https://www.commodity-tv.com/ondemand/companies/profil/caledonia-mining-corporation-plc/ ) gibt bekannt, dass man am 28. September 2020 eine Nachricht von BlackRock, Inc. erhielt wonach ein bedeutender Aktionär des Unternehmens wie in den Regeln der AIM Rules for Companies bestimmt, seinen Anteil am Unternehmen per 25. September 2020 erhöht hat und damit über die meldepflichtige 5%-Grenze angestiegen ist. Die Meldung im Original wie folgend:

TR-1: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i

1a. Identity of the issuer Caledonia Mining Corporation Plc or the underlying issuer of existing shares to which voting rights are attached ii: 1b. Please indicate if the issuer is a non-UK issuer (please mark with an X if appropriate)

Non-UK issuer X 2. Reason for the notification (please mark the appropriate box or boxes with an X)

An acquisition or disposal of voting rights X An acquisition or disposal of financial instruments An event changing the breakdown of voting rights Other (please specify)iii: 3. Details of person subject to the notification obligationiv Name BlackRock, Inc. City and country of Wilmington, DE, USA registered office (if applicable)

4. Full name of shareholder(s) (if different from 3.)v Name City and country of registered office (if applicable)

5. Date on which the 25/09/2020 threshold was crossed or reached vi: 6. Date on which issuer 28/09/2020 notified (DD/MM/YYYY):

7. Total positions of person(s) subject to the notification obligation

% of voting % of voting Total of Total rights rights both in % number of attached to through (8.A + voting shares financial 8.B) rights of (total of instruments issuer 8. vii A) (total of 8.B 1 + 8.B 2)

Resultin5.07% 0.31% 5.39% 12,118,823 g situati on on the date on which thresho ld was crossed or reached

Position4.97% 0.65% 5.62% of previou s notific ation (if

applicab le)

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii A: Voting rights attached to shares Class/type ofNumber of voting rightsix% of voting rights shares ISIN code (if possible)

Direct Indirect Direct Indirect (Art 9 of (Art 10 of (Art 9 of (Art 10 of Directive Directive Directive Directive 2004/109/EC 2004/109/EC 2004/109/EC) 2004/109/EC ) ) (DTR5.1) ) (DTR5.1) (DTR5.2.1) (DTR5.2.1)

JE00BF0XVB15 615,610 5.07% SUBTOTAL 8. A615,610 5.07%

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

Type of ExpiratExercise/ Number of % of voting financial ion Conversion voting rights rights instrument Period that may be datex xi acquired if the instrument is

exercised/conver ted.

Securities 5,307 0.04% Lending

SUBTOTAL 8. B 15,307 0.04%

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))

Type of ExpirationExercise/ Physical Number % of voting financial datex Conversion or cash of rights instrument Period voting rights xi settlementx ii

CFD Cash 32,901 0.27% SUBTOTAL 32,901 0.27% 8.B.2

9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an X) Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii Full chain of controlled undertakings through which the X voting rights and/or the

financial instruments are effectively held starting with the ultimate controlling natural person or legal entity xiv (please add additional rows as necessary) Namexv % of voting % of voting Total of both rights if it rights through if it equals equals or is financial or is higher higher than instruments if than the the notifiable it equals or notifiable threshold is higher than threshold the notifiable threshold

See Attachment

10. In case of proxy voting, please identify: Name of the proxy holder The number and % of voting rights held

The date until which the voting rights will be held

11. Additional informationxvi

BlackRock Regulatory Threshold Reporting Team Jana Blumenstein 020 7743 3650

Place of 12 Throgmorton Avenue, London, EC2N 2DL, completion U.K.

Date of 28 September, 2020 completion

Section 9 Attachment

Namexv % of voting % of voting Total of rights if it rights both if equals or is through it equals higher than financial or is the instruments higher notifiable if it equals than the threshold or is higher notifiable than the threshold notifiable threshold

BlackRock, Inc. BlackRock Holdco 2, Inc.

BlackRock Financial Management, Inc.

BlackRock Holdco 4, LLC

BlackRock Holdco 6, LLC

BlackRock Delaware Holdings Inc.

BlackRock Institutional Trust Company, National Association

BlackRock, Inc. BlackRock Holdco 2, Inc.

BlackRock Financial Management, Inc.

BlackRock Holdco 4, LLC

BlackRock Holdco 6, LLC

BlackRock Delaware Holdings Inc.

BlackRock Fund Advisors

BlackRock, Inc. Trident Merger, LLC BlackRock Investment Management, LLC

BlackRock, Inc. BlackRock Holdco 2, Inc.

BlackRock Financial Management, Inc.

BlackRock Capital Holdings, Inc.

BlackRock Advisors, LLC

BlackRock, Inc. BlackRock Holdco 2, Inc.

BlackRock Financial Management, Inc.

BlackRock International Holdings, Inc.

BR Jersey International Holdings L.P.

BlackRock (Singapore) Holdco Pte. Ltd.

BlackRock HK Holdco Limited

BlackRock Lux Finco S.a.r.l.

BlackRock Japan Holdings GK

BlackRock Japan Co., Ltd.

BlackRock, Inc. BlackRock Holdco 2, Inc.

BlackRock Financial Management, Inc.

BlackRock, Inc. BlackRock Holdco 2, Inc.

BlackRock Financial Management, Inc.

BlackRock International Holdings, Inc.

BR Jersey International Holdings L.P.

BlackRock Holdco 3, LLC

BlackRock Canada Holdings LP

BlackRock Canada Holdings ULC

BlackRock Asset Management Canada Limited

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