In accordance with the circular dated 18 August 2022 for the recommended members’ voluntary liquidation of ScotGems plc (“the Company”), on 8 September 2022, at a General Meeting of the Company, the shareholders of the Company passed resolutions to place the Company into members’ voluntary liquidation and appointed Derek Hyslop and Richard Barker as Joint Liquidators.

As set out in the Circular, a first cash distribution will be made to all Ordinary Shareholders on 13 September 2022 of 79 pence per Ordinary Share.

All enquiries in respect of the Company should now be directed to the Joint Liquidators at the contact details below:

Craig Robertson, telephone number +44 (0) 131 777 2809, email: [email protected]

Rhiannon Leighton, telephone number +44 (0) 131 460 2310, email: [email protected]