First Class Metals PLC Regulatory News (FCM)

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.

THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE RETAINED EU LAW VERSION OF THE MARKET ABUSE REGULATION (EU) NO. 596/2014 (THE "UK MAR") WHICH IS PART OF UK LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018. UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

FOR IMMEDIATE RELEASE.

20 FEBRUARY 2026

Entry into Share Purchase Agreement

Quantuma Advisory Limited (Quantuma), in its capacity as joint administrators of The 79th Grp Limited (79th Grp) alongside Kroll Advisory Limited (the Joint Administrators) is pleased to announce that it has entered into a share purchase agreement with Anthony Charles Harris, Darren Andrew Rowlands and James Charles Ashley Goozee for the proposed sale of 48,489,768 ordinary shares representing approximately 19.0% of the entire issued share capital in First Class Metals PLC (First Class Metals, FCM or the Company), the UK-listed exploration company advancing high-grade, district-scale gold opportunities in Ontario, Canada (the Share Sale).

Following completion of the Share Sale, the 79th Grp will hold 30,062,316 ordinary shares, representing approximately 11.8% of the Company's issued ordinary share capital.

For the purposes of UK MAR, the person responsible for arranging for the release of this announcement on behalf of Quantuma is Alex Roberts, Director.

For further information

QuantumaAlex Roberts, DirectorEmail: Alex.Roberts@Quantuma.com Tel: +44 (0)161 6949144

First Class MetalsJames Knowles, Executive ChairEmail: JamesK@Firstclassmetalsplc.com Tel: 07488 362641

Marc J Sale, CEO and Executive DirectorEmail: MarcS@Firstclassmetalsplc.com Tel: 07711 093532

Important Notices

This announcement is not intended to, and does not, constitute or form part of any offer, invitation or the solicitation of an offer to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of, any securities, or the solicitation of any vote or approval in any jurisdiction, whether pursuant to this announcement or otherwise. Any offer, if made, will be made solely by certain offer documentation which will contain the full terms and conditions of any offer, including details of how it may be accepted.The release, distribution or publication of this announcement in whole or in part, directly or indirectly in, into or from jurisdictions outside the United Kingdom may be restricted by law and therefore persons into whose possession this announcement comes should inform themselves about, and observe, such restrictions. Any failure to comply with the restrictions may constitute a violation of the securities law of any such jurisdiction.