Resignation of Portfolio Managers

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation EU 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018.

9 March 2026

Golden Prospect Precious Metals Limited

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Resignation of Portfolio Managers

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The Board of Golden Prospect Precious Metals Ltd (the "Company" or "GPM") announces that it has been informed by Manulife CQS Investment Management ("CQS"), the Company's Investment Manager, that the joint portfolio managers of GPM, Keith Watson and Robert Crayfourd, have resigned from CQS.

The Board has also been informed by CQS that Keith and Robert, who are both subject to a three-month notice period with CQS, will continue to manage the Company's portfolio for the time being.

The Board will be discussing the impact of the resignations on GPM with CQS and is actively considering its options regarding the future management arrangements for GPM. The Board has therefore resolved to serve protective notice of termination on CQS in respect of the investment management agreement forthwith, whilst those discussions and such review are ongoing. The investment management agreement between GPM and CQS has a notice period of 12 months.

The Board will make a further announcement in due course.

About Golden Prospect Precious Metals 

Golden Prospect Precious Metals Limited is a closed-ended investment company incorporated with limited liability in Guernsey on 16 October 2006. The Company's investment objective is to provide Shareholders with capital growth from a portfolio of companies involved in the precious metals sector. For the latest factsheet and other information, click?here.