THIS ANNOUNCEMENT ("ANNOUNCEMENT") AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES OF AMERICA, ITS STATES, TERRITORIES AND POSSESSIONS, AUSTRALIA, CANADA, JAPAN, SINGAPORE, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION, RELEASE OR DISTRIBUTION WOULD BE PROHIBITED BY ANY APPLICABLE LAW.

5 November 2025

Atlas Metals Group plc

("Atlas Metals" or the "Company")

Publication of Circular and Notice of General Meeting

Atlas Metals (LON: AMG), the natural resources and energy company announces that it has today published a circular (the "Circular") (containing a notice of general meeting of the Company (the "General Meeting")) and accompanying form of proxy ("Proxy Form") to holders of ordinary shares of nominal value £0.01 each ("Ordinary Shares") in the capital of the Company ("Shareholders").

A copy of the Circular will be available today on the Company's website at https://atlasmetalsgroup.com/investors/shareholder-documents  and in accordance with UKLR 22.2.6R of the UK Financial Conduct Authority ("FCA"), a copy of the Circular and Proxy Form have been submitted to the FCA's National Storage mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

The General Meeting is due to be held at the offices of offices of Orrick, Herrington & Sutcliffe (UK) LLP, 9th Floor, 107 Cheapside, London EC2V 6DN, United Kingdom at 10.00 a.m. on 1 December 2025.

The resolutions to be put to Shareholders at the General Meeting ("Resolutions") include resolutions to facilitate the issue of Ordinary Shares by the Company in satisfaction of certain historic matters and to implement strategic financing proposals ahead of the Company's proposed reverse takeover of Universal Pozzolanic Silica Alumina Ltd (the "Transaction").

The Company notes that, as set out in the Circular, if the Resolutions are not passed, the consequence will be that Atlas Metals will be unable to raise sufficient equity funds to cover costs and it is the Directors opinion that if the alternative financing is not available the Company will need to take steps to appoint administrators and ultimately the Company is likely to be wound up.

Further details of the business to be conducted at the General Meeting is set out in the Circular.

For further information, please contact:

Important Notice

Neither the content of the Company's website nor any website accessible by hyperlinks on the Company's website is incorporated in, or forms part of, this Announcement.

Strand Hanson Limited ("Strand Hanson"), which is authorised and regulated in the United Kingdom by the FCA, is acting exclusively for the Company  as Sponsor and no one else in connection with the Transaction and it will not regard any other person as a client in relation to the Transaction and will not be responsible to anyone other than the Company  for providing the protections afforded to its clients or for providing advice in relation to the Transaction or any other transaction, matter, or arrangement referred to in this announcement.

This Announcement has been issued by, and is the sole responsibility of, the Company. No representation or warranty, express or implied, is or will be made as to, or in relation to, and no responsibility or liability is or will be accepted by Strand Hanson or by any of its affiliates, partners, directors, officers, employees, advisers or agents as to or in relation to, the accuracy or completeness of this announcement or any other written or oral information made available to or publicly available to any interested party or its advisers, and any liability therefore is expressly disclaimed.