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
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