Exercise of Share Options

First Class Metals PLC

22 July 2026

FIRST CLASS METALS PLC

22 July 2026

Exercise of Share Options

First Class Metals plc (LSE: FCM) (the "Company"), the Ontario focused gold and critical metals exploration company, is pleased to announce that Marc Sale, the Executive Director and CEO of the Company, has exercised 795,000 share options ("Options") awarded to him on 17 July 2022. Details of the exercise are set out below:

Exercise of Share Options	Details
PDMR	Marc Sale, Executive Director & CEO
Date options awarded	17 July 2022
Number of options exercised	795,000
Exercise price	2.0 pence per Ordinary Share
Aggregate exercise cost	£15,900
Date of exercise	21 July 2026

The Options were exercised at 2.0 pence per ordinary share, resulting in the issue of 795,000 new ordinary shares of £0.001 each in the Company (the "New Shares"). The New Shares will rank pari passu in all respects with the existing ordinary shares. Application has been made for the New Shares to be admitted to trading, with admission expected to occur on 27 July 2026.

Total Voting Rights

In accordance with the provision of the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority, the Company confirms that, following the issue of the New Shares, the Company's issued ordinary share capital will comprise 425,071,349 Ordinary Shares. All the ordinary shares have equal voting rights and none of the ordinary shares are held in Treasury. The total number of voting rights in the Company will therefore be 425,071,349.

The above figure may be used by shareholders as the denominator for the calculations to determine if they are required to notify their interests in, or a change to their interest in, the Company.

For Further Information:

Engage with us by asking questions, watching video summaries, and seeing what other shareholders have to say. Navigate to our Interactive Investor hub here: https://firstclassmetalsplc.com/link/rDEAxP

James Knowles, Executive Chair
Email: JamesK@Firstclassmetalsplc.com
Tel: 07488 362641

Marc J Sale, CEO and Executive Director
Email: MarcS@Firstclassmetalsplc.com
Tel: 07711 093532

AlbR Capital Limited (Financial Adviser)
David Coffman/Dan Harris
Website: www.albrcapital.com
Tel: (0)20 7469 0930

Axis Capital Markets (Broker)
Richard Hutchinson
Website: Axcap247.com
Tel: (0)203 026 0449

Notification and public disclosure of transaction by person discharging managerial responsibilities

1	Details of the person discharging managerial responsibilities/person closely associated
a.	Name		Marc Sale
2	Reason for notification
a.	Position/Status		Director & CEO
b.	Initial notification/ Amendment		Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name		First Class Metals PLC
b.	LEI		894500V981ZTFLGVOZ38
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a.	Description of the financial instrument, type of instrument Identification Code		Ordinary Shares of £0.001 each ISIN Code: GB00BPJGTF16
b.	Nature of the transaction		Exercise of Share Options
c.	Price(s) and volume(s)		Price Volume 1)     2.0p 795,000
d.	Aggregated information - Aggregated Volume - Price		Aggregated Volume =795,000 £0.02
e.	Date of the transaction		21 July 2026
f.	Place of the transaction		London UK

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