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Lucara Third Quarter 2021 Results to Be Released Wednesday, November 3, 2021

Financials

October 20, 2021

NEWS RELEASE

LUCARA THIRD QUARTER 2021 RESULTS TO BE RELEASED WEDNESDAY, NOVEMBER 3, 2021

October 20, 2021 Vancouver, British Columbia (LUC – TSX, LUC – BSE, LUC – Nasdaq Stockholm) Lucara

Diamond Corp. (“Lucara” or the “Company”) announces that it will be publishing its 202 1 Third Quarter

Results on Wednesday, November 3, 2021 after market close in North America.

The Company will host a conference call and webcast to discuss the results on Thursday, November 4,

2021 at 7:00 a.m. Pacific, 10:00 a.m. Eastern, 2:00 p.m. UK, 3:00 p.m. CET.

CONFERENCE CALL:

Please call in 10 minutes before the conference call starts and stay on the line (an operator will be available

to assist you).

Conference ID:

40783748 / Lucara Diamond

Dial-In Numbers:

Toll-Free Participant Dial-In North America (+1) 888 390 0546

UK Toll free 0 800 652 2435

All Other International Participant Dial-In (+1) 778 383 7413

Webcast:

To view the live webcast presentation, please log on using this direct link:

https://produceredition.webcasts.com/starthere.jsp?ei=1505604&tp_key=96c93c6466

The presentation slideshow will also be available in PDF format for download from the Lucara website

(Link to presentation).

Conference Replay:

A replay of the telephone conference will be available two hours after the completion of the call until

November 11, 2021.

Replay number (Toll Free North America) (+1) 888 390 0541

Replay number (International) (+1) 416 764 8677

The pass code for the replay is: 783748 #.

On behalf of the Board,

Eira Thomas

President and Chief Executive Officer

Follow Lucara Diamond on Facebook, Twitter, Instagram and LinkedIn

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For further information, please contact:

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 fr om 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 diamond 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 6:00 a.m. Pacific Time on October 20, 2021.