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APC MINERALS LIMITED Board/Management Information 2021

Dec 15, 2021

64399_rns_2021-12-15_bd0e1777-f16f-42b3-939c-37f55c0812fe.pdf

Board/Management Information

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----- Start of picture text ----- ASX ANNOUNCEMENTASX: APC----- End of picture text -----

15 December 2021

Change of Company Auditor

Australian Potash Limited (the Company ; ASX: APC) is pleased to advise the appointment of KPMG as auditor of the Company. KPMG’s appointment was approved by shareholders at the annual general meeting held earlier this afternoon and follows the Australian Securities and Investment Commission’s approval for the resignation of Hall Chadwick.

Managing Director and CEO Matt Shackleton said “As we progress the development of the Lake Wells Sulphate of Potash Project, the change in auditor has been made to align with expectations of project financiers and we look forward to working with KPMG as we continue this journey.”

“On behalf of the Board I wish to thank Hall Chadwick for their past assistance and professional services provided as the Company’s auditor.”

This release was authorised by the Board of Directors.

Matt Shackleton Managing Director & CEO [email protected] +61 (0) 438 319 841

Michelle Blandford

Company Secretary [email protected] +61 (0) 408 088 295

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About Australian Potash Limited

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APC holds a 100% interest in the Lake Wells Sulphate of Potash (LSOP), located approximately 500km northeast of Kalgoorlie, in Western Australia's Eastern Goldfields. The Company is finalising pre-development plans for commencement of construction. First production from the LSOP is scheduled for 24 to 27 months from a Final Investment Decision.

K-Brite[TM] is a registered trademark brand of Australian Potash Limited and the brand under which the suite of high quality, premium SOP products from the LSOP will be marketed.

APC holds a 100% interest in the Laverton Downs Project, located 5kms north of Laverton, in Western Australia's Eastern Goldfields.[i]

APC holds a 30% free-carried interest in the Lake Wells Gold Project, located 500km northeast of Kalgoorlie, in Western Australia's Eastern Goldfields.[ii]

Please visit www.australianpotash.com.au for more information.

i Refer to ASX Announcement 9 April 2021 ii Refer to ASX Announcement 8 April 2021

Australian Potash Limited (ASX:APC)

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