KORE POTA : Appendix 3B, Top 20 and Distribution Schedules

Kore Potash

Sean Bennett (CEO)

+27 11 469 9144

Tavistock (Financial PR & IR, UK)

Emily Fenton / Edward Lee / Jos Simson

+44 (0) 207 920 3150

Fivemark Partners (PR & IR, Australia)

Michael Vaughan

+61 422 602 720

Name of entity

Kore Potash plc

ARBN

621 843 614

1

+Class of +securities issued or to be issued

1. CHESS Depositary Interests (CDIs)

2. Unlisted Options

3. Unlisted Options

4. Unlisted Options

5. Performance Rights

6. Performance Rights

7. Performance Rights

8. Performance Rights

9. Performance Rights

10. Performance Shares

11. Performance Shares

12. Performance Shares

2

Number of +securities issued or to be issued (if known) or maximum number which may be issued

1. 768,158,142

2. 6,691,226

3. 1,500,000

4. 50,000,000

5. 2,263,370

6. 4,500,000

7. 19,437,500

8. 660,000

9. 3,000,000

10. 2,000,000

11. 4,482,005

12. 11,734,853

3

Principal terms of the +securities (e.g. if options, exercise price and expiry date; if partly paid

+securities, the amount outstanding and due dates for payment; if +convertible securities, the conversion price and dates for conversion)

1. One CDI is equivalent to one issued ordinary share

2. Unlisted Options exercisable at AUD 0.33 expiring 15 April 2018

3. Unlisted Options exercisable at AUD 0.33 expiring 26 June 2018

4. Unlisted Options exercisable at AUD 0.30 expiring 15 Nov 2019

5. Class C Performance Rights expiring 16 September 2019 (Emp)

6. Performance Rights expiring 6 December 2020 (Emp)

7. Performance Rights expiring 1 March 2021 (Dir)

8. Performance Rights vesting on 31 May 2019 (Dir)

9. Performance Rights each expiring 30 June 2021 (Dir)

10. Performance Shares vesting on 31 May 2019

11. Performance Shares originally issued under Kore Potash Limited's Short Term Incentive Scheme Plan for 2017

12. Performance Shares originally issued under Kore Potash Limited's Long Term Incentive Plan

4

Do the +securities rank equally in all respects from the +issue date with an existing +class of quoted

+securities?

If the additional +securities do not rank equally, please state:

• the date from which they do

• the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment

• the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment

CDIs are a new (and the only) class of quoted security and rank equally with each other.

Unlisted Options and Performance Rights/Shares do not rank equally with an existing class of quoted security and will only do so from the date of conversion to CDIs, which will only occur when exercised by the holder (in the case of Unlisted Options) or having satisfied the relevant performance condition(s) (in the case of Performance Rights/Shares).

Unlisted Options and Performance Rights/Shares are not entitled to participate in dividends, if any.

5

Issue price or consideration

As set out in the Scheme Booklet released by Kore Potash Limited (ASX:K2P) on 21 September 2017 (Scheme Booklet), each Kore Potash Limited shareholder was to receive one Kore Potash plc (ASX:KP2) CDI for each fully paid ordinary share held in Kore Potash Limited.

The Unlisted Options and Performance Rights/Shares were issued to the holders of options or performance rights/shares (as applicable) in Kore Potash Limited in consideration for the cancellation of those Kore Potash Limited options and performance rights/shares.

6

Purpose of the issue

(If issued as consideration for the acquisition of assets, clearly identify those assets)

The CDIs were issued pursuant to the scheme of arrangement between Kore Potash Limited and Kore Potash Limited shareholders, as contained in Annexure D of the Scheme Booklet.

The Unlisted Options and Performance Rights/Shares were issued to the holders of options or performance rights/shares (as applicable) in Kore Potash Limited in consideration for cancellation of those Kore Potash Limited options or performance rights/shares (as applicable).

6a

Is the entity an +eligible entity that has obtained security holder approval under rule 7.1A?

If Yes, complete sections 6b - 6h in relation to the +securities the subject of this Appendix 3B, and comply with section 6i

No

6b

The date the security holder resolution under rule 7.1A was passed

N/A

6c

Number of +securities issued without security holder approval under rule 7.1

N/A

6d

Number of +securities issued with security holder approval under rule 7.1A

N/A

6e

Number of +securities issued with security holder approval under rule 7.3, or another specific security holder approval (specify date of meeting)

N/A

6f

Number of +securities issued under an exception in rule 7.2

N/A

6g

If +securities issued under rule 7.1A, was issue price at least 75% of 15 day VWAP as calculated under rule 7.1A.3? Include the

+issue date and both values. Include the source of the VWAP calculation.

N/A

6h

If +securities were issued under rule 7.1A for non-cash consideration, state date on which valuation of consideration was released to ASX Market Announcements

N/A