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LUC.TO ·

Lucara Diamond Corp. Announces 2023 Retail Marketing Roadshow IN Stockholm

Marketing Announcement

January 30, 2023

NEWS RELEASE

LUCARA DIAMOND CORP. ANNOUNCES 2023 RETAIL MARKETING ROADSHOW IN STOCKHOLM

VANCOUVER, BRITISH COLUMBIA (LUC – TSX, LUC – BSE, LUC – NASDAQ STOCKHOLM) Lucara Diamond

Corp. (“Lucara” or the “Company”) is pleased to announce its 2023 marketing roadshow in Stockholm,

Sweden. The Company is scheduled to host a retail investor presentation on Wednesday, February 1, 2023,

at 6:00pm Central European Time at World Trade Center, Klarabergsviadukten 70 in Stockholm ( Room:

Casablanca).

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

On behalf of the Board,

Eira Thomas

President and Chief Executive Officer

Follow Lucara Diamond on Facebook, Twitter, Instagram and LinkedIn

For further information, please contact:

Hannah Reynish Investor Relations & Communications

+1 604 674 0272| [email protected]

Sweden Robert Eriksson, Investor Relations & Public Relations

+46 701 112615 | [email protected]

UK Public Relations Charles Vivian / Jos Simson, Tavistock

+44 79 772 97903 | [email protected]

ABOUT LUCARA

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

Karowe Mine in Botswana and owns a 100% interest in Clara Diamond Solutions, a secure, digital sales

platform positioned to modernize the existing d iamond supply chain and ensure diamond provenance from

mine to finger. The Company has an experienced board and management team with extensive diamond

development and operations expertise. The Company operates transparently and in accordance with

international best practices in the areas of sustainability, health and safety, environment and community

relations.

The information in this release is accurate at the time of distribution but may be superseded or qualified by

subsequent news releases.

The information was submitted for publication, through the agency of the contact person set out above, at

2:00 p.m. Pacific Time on January 30, 2023.