TR-1: Standard form for notification of major holdings1. Issuer Details

SHUKA MINERALS PLC

(Incorporated in England and Wales)

(Registration number 05292528)

(“Shuka Minerals” or “the Company”)

ISIN Code: GB00BN47NP32

AIM Share Code: SKA JSE Share Code: SKA

TR-1: Standard form for notification of major holdings

1. Issuer Details.

ISIN

GB00BN47NP32

Issuer Name

SHUKA MINERALS PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

MENEL ENERGY AND RESOURCES LIMITED

City of registered office (if applicable)

Lusaka

Country of registered office (if applicable)

Zambia

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

City of registered office (if applicable)

Country of registered office (if applicable)

5. Date on which the threshold was crossed or reached

09-Sep-2026

6. Date on which Issuer notified

14-Sep-2026

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

.	% of voting rights attached to shares (total of 8.A)	% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)	Total of both in % (8.A + 8.B)	Total number of voting rights held in issuer
Resulting situation on the date on which threshold was crossed or reached	10.840000	0.000000	10.840000	18750000
Position of previous notification (if applicable)

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

Class/Type of shares ISIN code(if possible)	Number of direct voting rights (DTR5.1)	Number of indirect voting rights (DTR5.2.1)	% of direct voting rights (DTR5.1)	% of indirect voting rights (DTR5.2.1)
GB00BN47NP32	18750000		10.840000
Sub Total 8.A	18750000		10.840000%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

Type of financial instrument	Expiration date	Exercise/conversion period	Number of voting rights that may be acquired if the instrument is exercised/converted	% of voting rights
Sub Total 8.B1

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

Type of financial instrument	Expiration date	Exercise/conversion period	Physical or cash settlement	Number of voting rights	% of voting rights
Sub Total 8.B2

9. Information in relation to the person subject to the notification obligation

2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)

Ultimate controlling person	Name of controlled undertaking	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
Valentine Chitalu and Munakupya Hantuba Hantuba	MENEL ENERGY AND RESOURCES LIMITED	10.840000

10. In case of proxy voting

Name of the proxy holder

Tanda Syamuyangwa

The number and % of voting rights held

10.84

The date until which the voting rights will be held

31/12/2027

If date does not apply, explain below

11. Additional Information

12. Date of Completion

13. Place Of Completion

Zambia

LONDON

14 September 2026

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