ACG VCP-EIP Issuance

Awards under Value Creation and Employee Incentive Plans

ACG Metals Limited announces that its Remuneration Committee (“RemCo”) approved the issuance and/o certain awards under its value creation plan (“VCP”) and employee incentive plan (“EIP”) on 23 January 2026. T EIP were established on the readmission of the Company’s shares to trading on the London Stock Exchange (“Re following completion of the acquisition of the Gediktepe mine in September 2024 and are designed to in Company’s management team and other senior employees to deliver exceptional returns for shareholders.

In deciding to grant its approval, RemCo took into account a number of important factors, including the follow

Is this a PDMR or PCA Submission Submission for PDMR

Name of natural person Peter Carter
Legal person
For persons discharging managerial responsibilities: – The position occupied within the issuer or emission allowance market participant should be ind e.g. CEO, CFO.
For persons closely associated with: – An indication that the notification concerns a person closely associated with a person discharging managerial responsibilities;
– Name and position of the relevant person discharging managerial responsibilities Position/status COO
Initial notification/amendment Initial Notification
Full name of the entity ACG Metals Limited
Legal Entity Identifier code 549300NXL2KSHKJXTU29
Date Of Description of Description of Other Place Of Transaction Curren
2026-01-23 Share VGG0056A1030 outside a trading venue GBP – B

Nature Of Transaction:

Price Volume
0.00 2222
vesting of certain shares from EIP award granted pursuant to the Company’s employee Aggregated 0.00 22222

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Nature Of Transaction:

vesting of certain shares from EIP award granted pursuant to the Company’s employee incentive plan Price 0.00
Aggregated 0.00

Name

Total Number of Shares or Options Granted Date of Grant
Mr. Peter Carter 66,666 Shares 16 July 2025
Mr. Damien Coles 58,332 Options 19 December 2024
Impact Investments LLC1 216,592 Options 13 February 2025

Date Of Transaction

Description of Instrument Description of Other Instrument Identification Code Place Of Transaction Curren
2026-01-23 Share VGG0056A1030 Outside a trading venue GBP – B

Nature Of Transaction:

vesting of certain shares from VCP award granted pursuant to the Company’s value creation plan Price Volume
0.00 252082
Aggregated 0.00 252082

Date Of Transaction

Description of Instrument Description of Other Instrument Identification Code Place Of Transaction Curren
2026-01-23 Share VGG0056A1030 outside a venue GBP – B

Nature Of Transaction:

vesting of certain shares from VCP award granted pursuant to the Company’s value creation plan Price 0.00
Aggregated 0.00

Date Of Transaction

Description of Instrument Description of Other Instrument Identification Code Place Of Transaction Curren
2026-01-23 Other Options over Class A ordinary shares VGG0056A1030 outside a venue GBP – B

Nature Of Transaction:

vesting of certain options over shares from VCP award granted pursuant to the Company’s value creation plan Price 0.00
Aggregated 0.00

Date Of Transaction

Description of Instrument Description of Other Instrument Identification Code Place Of Transaction Curren
2026-01-23 Other Options of Class A ordinary shares VGG0056A1030 outside a trading venue GBP – B

Amendments to certain terms of the VCP and EIP

Prior to granting this approval, RemCo approved certain adjustments to the measurement periods for the VCP dates for the EIP Awards (as defined below) to align them with the Company’s financial year. In consequence:

All other terms of the VCP and EIP (as further detailed in the Prospectus) remain unchanged.

Awards under the VCP and EIP

Pursuant to the VCP, the recipients may elect to receive these awards either in class A ordinary shares in t (“Shares”) or options over Shares (“Options”). The following awards (“Initial VCP Awards”) have been approv of the first measurement period under the VCP:

Only one third of the Initial VCP Awards will vest immediately, with the remainder vesting (along with an VCP awards (together with the Initial VCP Awards, the “VCP Awards”) over a four-year period as follows:

Vesting of all unvested VCP Awards is subject to malusand clawback.

RemCo also approved the issuance of an aggregate of 12,665 Shares to other key employees under the EI accordance with the terms of their employment contracts. Once again, recipients may elect to receive these in either Shares or Options.

Vesting of Shares and Options

In addition, RemCo approved the vesting of the first tranches of Shares or Options previously issued pur one-off performance awards (the “EIP Awards”) under the EIP, which are scheduled to vest in equal portion three-year period.

Following the Initial VCP Awards and vesting of the first tranches of Shares under the EIP Awards, the int the directors in the share capital of the Company will remain unchanged, save that the number of Shares hel Artem Volynets (through his personal services company, ACG Advisory Limited) will (assuming all Init Award Shares vest) increase to 1,307,567.

Application will be made for the new Shares to be listed on the equity shares (transition category) of the List of the Financial Conduct Authority and to trading on the London Stock Exchange and a further annou confirming such admission will be made in due course.

Note: Michael Pompeo is the executive chairman of Investments LLC.

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