Death of Director

28 February 2022

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMENDED. ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.

Capital Metals plc

("CMET" or the "Company")

Death of Director

The Board of Capital Metals plc (AIM:CMET) is very sad to announce the death of Mr Geoffrey Brown, non-executive director of the Company. Mr Brown has been a director since 2008. His fellow board members and all his other colleagues wish to place on record their profound thanks for his long and outstanding service to the Company. Mr Brown has had a long and distinguished career, most notably in the agricultural sector as a group CEO and board member on many listed companies both in the UK and Asia.

Michael Frayne, CEO, comments:

"Geoff Brown was an outstanding mentor and colleague to all those who came in contact with him over his 55 year working career. On behalf of his fellow directors, we send our sincere condolences to all of his family and friends."

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