THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION [image] 29 May 2026 LSE: PDL Petra Diamonds Limited (the "Company" or "Business") Business Update Vivek Gadodia, Chief Executive Officer of Petra Diamonds, commented: "We are faced with an unprecedentedly weak diamond market, due to global macro factors as well as the recent Middle East tensions. In particular, we continue to see deterioration in the value of the smaller sized diamonds, where we do not currently expect a material near-term recovery.