Development at the Hinda phosphate project

17 September 2026

Kropz Plc

("Kropz" or the "Company")

Development at the Hinda phosphate project

POINTE-NOIRE, REPUBLIC OF CONGO – Kropz plc (AIM: KRPZ) Chief Executive Officer Louis R. Loubser today announced the progress of the construction on the box cut for the proposed Hinda phosphate mine in the Republic of Congo’s, 40 km from Pointe-Noire outskirt.

The box cut construction contract was awarded to local companies, with the operation supervised by mining engineers, a market-leading, privately owned opencast contract mining company that specializes in medium- to large-scale surface mining and earthworks. The project is supported by the Cominco and Kropz teams.

Construction of the box cut, expected to take approximately two to three months, has made significant progress in the first few weeks. The box cut, developed in the mineral zone, is the initial excavation made in the opencast mine to expose the orebody deposit.

“This first development step is an important milestone in Cominco’s schedule to begin realising the large potential of the Hinda project’s vast resource, delivering meaningful benefits to our stakeholders,” said Mr Loubser.

The box cut objective is to obtain extensive technical data ahead of the next phase. “We are all very excited to expose the various layers of our deposit over a height of greater than 20 meters“, Mr Loubser added.

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View of the box cut under construction in the Southern section of the orebody

In addition, a geologist has arrived in Pointe-Noire and is preparing the sampling campaign. Around 10 tonnes of samples will be shipped to South Africa where metallurgical testings will be carried out at our laboratory of sister company Elandsfontein.

Mr. Loubser said it is also important for Cominco to confirm the process for the  project which will guarantee the correct specification of the plant equipment to be purchased.

About Kropz 

Kropz, with offices in South Africa and Congo, is advancing its Hinda phosphate project, considered as one of the largest undeveloped phosphate resources in Africa. Industry experts recognize that Hinda is a world-class phosphate deposit, both in terms of size and grade.

Kropz offers an unparalleled, Africa-based investment opportunity in the development, mining and processing - to the highest environmental, social and governance standards – of rock phosphate.

For further information visit  www.kropz.com or contact:

-ENDS