LUC.TO · 2024-01-11 12:00:00

Lucara Announces Retail Investor Presentation IN Stockholm, Sweden

Marketing Announcement

January 11, 2024

NEWS RELEASE

LUCARA ANNOUNCES RETAIL INVESTOR PRESENTATION IN STOCKHOLM, SWEDEN

VANCOUVER, January 11, 2024 /CNW/ (LUC – TSX, LUC – BSE, LUC – Nasdaq Stockholm)

Lucara Diamond Corp. (“Lucara” or the “Company”) is pleased to announce a retail investor presentation with William

Lamb, President & CEO, and Glenn Kondo, CFO & Corporate Secretary, in Stockholm, Sweden. The Company is

scheduled to host a retail investor presentation on Monday, January 22, 2024 at 6:00pm Central European Time at

Westmanska Palatset at Holländargatan 17 in Stockholm, Sweden.

Please RSVP to [email protected] to confirm your attendance.

On behalf of the Board,

William Lamb

President and Chief Executive Officer

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For further information, please contact:

Hannah Reynish Investor Relations & Communications

Sweden Robert Eriksson, Investor Relations & Public Relations

UK Public Relations Charles Vivian / Jos Simson, Tavistock

+44 778 855 4035 | [email protected]

ABOUT LUCARA

Lucara is a leading independent producer of large exceptional quality Type IIa diamonds from its 100% owned

Karowe Diamond Mine in Botswana. The Karowe Mine has been in production since 2012 and is the focus of the

Company’s operations and development activities. Clara Diamond Solutions Limited Partnership (“Clara”), a wholly-

owned subsidiary of Lucara, has developed a secure, digital sales platform that uses proprietary analytics together

with cloud and blockchain technologies to modernize the existing dia mond supply chain, driving efficiencies,

unlocking value and ensuring diamond provenance from mine to finger. Lucara has an experienced board and

management team with extensive diamond development and operations expertise. Lucara and its subsidiaries

operate transparently and in accordance with international best practices in the areas of sustainability, health and

safety, environment, and community relations. Lucara has adopted the IFC Performance Standards and the World

Bank Group’s Environmental, Health and Safety Guidelines for Mining (2007). Accordingly, the development of the

Karowe underground expansion project (“UGP”) adheres to the Equator Principles. Lucara is committed to upholding

high standards while striving to deliver long-term economic benefits to Botswana and the communities in which the

Company operates.

The information is information that Lucara is obliged to make public pursuant to the EU Market Abuse Regulation

and the Swedish Securities Markets Act. This information was submitted for publication, through the agency of the

contact person set out above, on January 11, 2024 at 2pm Pacific Time.