Kore Potash Regulatory News (KP2)

24 November 2020

Kore Potash Plc

("Kore Potash" or the "Company")

Change in Non-Executive Director

Kore Potash plc, the potash development company with 97%-ownership of the Kola and DX Potash Projects in the Sintoukola Basin, located within the Republic of Congo ("RoC"), is pleased to announce the appointment of Ms Trinidad Maria Reyes Perez as a Non-Executive Director of the Board nominated by Sociedad Química y Minera de Chile S.A. ("SQM") with immediate effect.

Trinidad replaces Mr Jose Antonio Merino, who has resigned from the Board with immediate effect.

Trinidad Reyes, aged 32, joined SQM as a graduate in 2012 and is currently M&A Director, prior to which she worked in a variety of roles across SQM. Trinidad is a qualified Civil Engineer having graduated from Pontificia Universidad Católica de Chile.

David Hathorn, Non-executive Chairman, said: "I am very pleased to welcome Trinidad to the Board of Kore Potash. Through her role in SQM, Trinidad has been following Kore's projects for the full term of SQM's investment and is well positioned to contribute at the Board level."

"The technical support and investment from SQM has proved invaluable to the Company and we look forward to continued close co-operation as we advance our objective of becoming one of the world's lowest cost potash producers."

"We also take this opportunity to thank Jose Antonio for his valuable contribution to the governance of Kore over the past 2 years and wish him well for his future endeavours."

There is no other information that is required to be disclosed pursuant to paragraph (g) of Schedule Two to the AIM Rules for Companies.

Authorised for release by the Board of Directors.

ENDS

For further information, please visit www.korepotash.com or contact: