AIC MINES LIMITED — Proxy Solicitation & Information Statement 2021

Sep 23, 2021

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24 September 2021

Dear Shareholder,

Letter to Shareholders regarding Notice of General Meeting

AIC Mines Limited (ASX:A1M) ( Company ) will be holding a General Meeting ( Meeting ) at 11.00 am (WST) on Monday 25 October 2021 at The Kings Park Room, Vibe Hotel Subiaco, 9 Alvan Street, Subiaco, Western Australia.

In accordance with the Treasury Laws amendment (2021 Measures No. 1) Act 2021, the Company will not be mailing hard copies of the Notice of Meeting to shareholders who have not previously opted in to receiving electronic copies. Instead, the Notice of Meeting can be viewed and downloaded from the - Company’s website at www.aicmines.com.au/investors/company announcements/

The Notice of General Meeting, the Explanatory Statement and Annexure A (Independent Expert’s Report) should be read in its entirety. If you are in doubt as to how to vote, you should seek advice from a financial adviser, lawyer, accountant or other professional adviser.

As the situation regarding the management of COVID-19 is evolving rapidly, the Company strongly encourages all Shareholders to vote online at www.investorvote.com.au or to submit their personalised Proxy Form as instructed prior to the Meeting. Your personalised Proxy Form is enclosed for your convenience.

Shareholders who wish to attend the Meeting will need to ensure they comply with the social distancing protocols adopted by the Company. We are concerned for the safety and health of our Shareholders, staff and advisers, so we have put in place certain measures including social distancing requirements and limiting non-shareholder visitors.

The Company will continue to closely monitor guidance from the Federal and State Government for any impact on the proposed arrangements for the Meeting. If any changes are required, the Company will advise Shareholders by way of an ASX announcement.

Yours sincerely,

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Aaron Colleran Managing Director and CEO

Authorised by the Board of AIC Mines Limited

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