Akobo Minerals

Akobo Minerals is a Scandinavian-based gold producing company in Ethiopia, backed by Ethiopian Investment Holdings (EIH), the country’s sovereign wealth fund, which became a shareholder in 2025. This strategic partnership demonstrates strong national support for Ethiopia’s mining sector and positions Akobo Minerals for long-term growth. The company operates its flagship Segele mine, currently in production, with an Inferred and Indicated Mineral Resource of 68,000 ounces at a gold grade of 22.7 g/ton, among the highest-grade deposits globally. The mineralized zone remains open at depth, supporting potential resource growth and mine life extension. Beyond Segele, the company’s wider license area—covering 182 km² of exploration and 16 km² of mining licenses in the Gambela region and Dima Woreda—hosts multiple highly prospective targets for additional discoveries. Akobo Minerals integrates environmental, social, and governance (ESG) principles into its operations and maintains strong partnerships with local communities and government stakeholders, ensuring its activities contribute positively to social and economic development. Headquartered in Oslo, Norway, the company is publicly listed on the Euronext Growth Oslo Exchange and the Frankfurt Stock Exchange under the ticker AKOBO. For U.S. investors, shares are traded on the OTC Pink Market (OTC: AKOBF). Akobo Minerals operates in full compliance with the JORC Code (2012). For further details, please visit www.jorc.org .