Caledonia Mining Corporation PLC has announced the declaration of a quarterly dividend of 14 United States cents (US$0.14) per share. The ex-dividend date for VFEX is January 10, 2024, and for AIM and NYSE, it is January 11, 2024. The record date is January 12, 2024, and the payment date is January 26, 2024. Shareholders with a registered address in the UK will be paid in Sterling.

Caledonia's dividend policy, which was adopted in 2014, is part of the company's strategy to maximize shareholder value. The Board will consider future dividends as appropriate and in line with its prudent approach to risk management.

For further information, interested parties can contact Caledonia Mining Corporation Plc at +44 1534 679 800 or +44 7817 841 793. The company's Nomad and Joint Broker, Cavendish Capital Markets Limited, can be reached at +44 207 397 1965 and +44 131 220 9775. Additionally, Liberum Capital Limited, the Joint Broker, can be contacted at +44 20 3100 2000.

For financial PR and investor relations in the UK, Camarco can be reached at +44 20 3757 4980, and for North America, 3PPB at +1 917 991 7701 and +1 203 940 2538. For PR in Zimbabwe, Curate Public Relations can be contacted at +263 77802131, and for VFEX Sponsorship in Zimbabwe, IH Securities (Private) Limited can be reached at +263 (242) 745 119/33/39.