Cornish Metals: Results of 2026 Annual General Meeting

Cornish MetalsAnnouncement

04/06/2026 13:15

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RESULTS OF 2026 ANNUAL GENERAL MEETING

4 June 2026

Cornish Metals plc (AIM: TIN) (“Cornish Metals” or the “Company”), a mineral
exploration and development company focused on advancing its wholly owned and
permitted South Crofty tin project (“South Crofty”) in Cornwall, United
Kingdom, is pleased to announce the results of its 2026 Annual General Meeting
held on 4 June 2026 (the “Meeting”). A total of approximately 83.5 million
ordinary shares of the Company were voted at the Meeting, representing
approximately 66.5% of the issued and outstanding ordinary shares as at the
record date of the Meeting.

Meeting Results

All resolutions were duly passed. The full text of the resolutions proposed at
the Meeting is contained in the Notice of Annual General Meeting, which is
available on the Company’s website.

The voting results of the business of the Meeting are summarised as follows:

+------------------+----------------+--------+------------+------+-----------+
| Resolution       |   Votes For    |   %    |   Votes    |  %   |   Votes   |
|                  |   (Including   |        |  Against   |      | Withheld  |
|                  | Discretionary) |        |            |      |           |
+------------------+----------------+--------+------------+------+-----------+
| 2025 Annual      |   83,479,834   | 100.00 |   1,009    | 0.00 |  17,773   |
| Report and       |                |        |            |      |           |
| Accounts         |                |        |            |      |           |
+------------------+----------------+--------+------------+------+-----------+
| To re-elect      |   83,447,657   | 99.99  |   4,464    | 0.01 |  46,495   |
| Patrick F.N.     |                |        |            |      |           |
| Anderson         |                |        |            |      |           |
+------------------+----------------+--------+------------+------+-----------+
| To re-elect      |   83,474,760   | 99.99  |   4,964    | 0.01 |  18,892   |
| Lodewyk Daniel   |                |        |            |      |           |
| Turvey           |                |        |            |      |           |
+------------------+----------------+--------+------------+------+-----------+
| To re-elect John |   83,472,642   | 99.99  |   4,464    | 0.01 |  21,510   |
| F.G. McGloin     |                |        |            |      |           |
+------------------+----------------+--------+------------+------+-----------+
| To re-elect      |   83,422,516   | 99.99  |   4,555    | 0.01 |  71,545   |
| Stephen T.       |                |        |            |      |           |
| Gatley           |                |        |            |      |           |
+------------------+----------------+--------+------------+------+-----------+
| To re-elect      |   81,338,525   | 97.44  | 2,141,152  | 2.56 |  18,939   |
| Anthony Trahar   |                |        |            |      |           |
+------------------+----------------+--------+------------+------+-----------+
| To re-elect      |   83,448,187   | 100.00 |   3,873    | 0.00 |  46,556   |
| Samantha         |                |        |            |      |           |
| Hoe-Richardson   |                |        |            |      |           |
+------------------+----------------+--------+------------+------+-----------+
| To re-elect      |   83,472,740   | 99.99  |   4,305    | 0.01 |  21,571   |
| James Whiteside  |                |        |            |      |           |
+------------------+----------------+--------+------------+------+-----------+
| Re-appointment   |   83,467,417   | 99.99  |   8,439    | 0.01 |  22,760   |
| of Auditors      |                |        |            |      |           |
+------------------+----------------+--------+------------+------+-----------+
| Remuneration of  |   83,476,833   | 100.00 |   3,792    | 0.00 |  17,991   |
| Auditors         |                |        |            |      |           |
+------------------+----------------+--------+------------+------+-----------+
| Remuneration     |   83,442,248   | 99.98  |   15,986   | 0.02 |  40,382   |
| Report           |                |        |            |      |           |
+------------------+----------------+--------+------------+------+-----------+
| Remuneration     |   83,440,405   | 99.98  |   16,829   | 0.02 |  41,382   |
| Policy           |                |        |            |      |           |
+------------------+----------------+--------+------------+------+-----------+
| Approval of      |   83,438,017   | 99.98  |   13,359   | 0.02 |  47,240   |
| General Share    |                |        |            |      |           |
| Authority        |                |        |            |      |           |
+------------------+----------------+--------+------------+------+-----------+
| Approval of      |   81,207,184   | 97.30  | 2,250,133  | 2.70 |  41,299   |
| Pre-Emptive      |                |        |            |      |           |
| Disapplication   |                |        |            |      |           |
| Authority        |                |        |            |      |           |
+------------------+----------------+--------+------------+------+-----------+

Mr. Ken Armstrong

Ken Armstrong, who has served as a Board member of the Company for 20 years,
did not stand for re-election to the Board. The Board wishes to record its
sincere thanks to Ken for his significant contribution and the valuable
insight he has provided during his tenure, and to extend its best wishes for
the future.

ABOUT CORNISH METALS

Cornish Metals is a mineral exploration and development company that is
advancing the South Crofty critical mineral project towards production. South
Crofty:

* is a historical underground tin mine located in Cornwall, United Kingdom and
  benefits from existing mine infrastructure including multiple shafts that
  can be used for future operations;
* is the highest grade known tin Mineral Resource not in production with
  significant near-mine and regional Mineral Resource potential;
* is permitted to commence underground mining (valid to 2071), construct a new
  processing facility and for all necessary site infrastructure;
* is expected to produce approximately 4,700 tonnes of tin-in-concentrate
  annually in the first five years of full production at lowest-quartile
  all-in sustaining costs over an initial 14-year mine life;
* will be a low environmental impact underground mine with zero surface
  tailings;
* would be potentially the first primary producer of tin in Europe or North
  America. Tin is a Critical Mineral as defined by the UK, American, and
  Canadian governments as it is used in almost all electronic devices and
  electrical infrastructure. Approximately two-thirds of the tin mined today
  comes from China, Myanmar and Indonesia;
* benefits from strong local community, regional and national government
  support with a growing team of skilled people, local to Cornwall, and could
  generate over 300 direct jobs;
* is an opportunity for a secure domestic supply of tin in the UK supporting a
  low carbon economy.

ENDS

Engage with us directly at our investor hub. Sign up at:
https://investors.cornishmetals.com/link/PZ2jEP

For additional information please contact:

+---------------------------+------------------+-----------------------------+
| Cornish Metals            | Fawzi Hanano     | investors@cornishmetals.com |
|                           | Emily Allhusen   | info@cornishmetals.com      |
+---------------------------+------------------+-----------------------------+
|                           |                  | Tel: +44 1209 715 777       |
|                           |                  |                             |
+---------------------------+------------------+-----------------------------+
| SP Angel Corporate        | Charlie Bouverat | Tel: +44 203 470 0470       |
| Finance LLP               | Adam Cowl        |                             |
| (Nominated Adviser)       | Ewan Leggat      |                             |
|                           |                  |                             |
|                           |                  |                             |
+---------------------------+------------------+-----------------------------+
|                           |                  |                             |
|                           |                  |                             |
+---------------------------+------------------+-----------------------------+
| Berenberg                 | Jennifer Lee     | Tel: +44 20 3753 3040       |
| (Joint Broker)            | Ivan Briechle    |                             |
+---------------------------+------------------+-----------------------------+
|                           |                  |                             |
|                           |                  |                             |
| Peel Hunt                 | Ross Allister    | Tel: +44 20 7418 8900       |
| (Joint Broker)            | David McKeown    |                             |
+---------------------------+------------------+-----------------------------+
|                           |                  |                             |
|                           |                  |                             |
+---------------------------+------------------+-----------------------------+
| BlytheRay                 | Tim Blythe       | cornishmetals@blytheray.com |
| (Financial PR)            | Megan Ray        | Tel: +44 207 138 3204       |
|                           | Said Izagaren    |                             |
+---------------------------+------------------+-----------------------------+

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