ARUMA RESOURCES LIMITED — Proxy Solicitation & Information Statement 2020

Dec 9, 2020

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10 December 2020

Dear Shareholder

General Meeting – Notice and Proxy Form – Share Consolidation

Notice is hereby given that a General Meeting (Meeting) of Shareholders of Aruma Resources Limited (ACN 141 335 364) (the Company ) will be held at Unit 8-9, 88 Forrest Street, Cottesloe, Western Australia on 13 January 2021 at 9:00 am (WST).

The Meeting seeks Shareholder approval for the Company to consolidate its issued capital, on the basis of 1 new security for every 15 securities currently on issue, to give the Company a more appropriate capital structure going forward.

The Board has made the decision that it will hold a physical Meeting with the appropriate social gathering and physical distancing measures in place to comply with the Federal Government’s and State Government’s current restrictions for physical gatherings.

In accordance with subsection 5(1)(f) of the Corporations (Coronavirus Economic Response) Determination (No.3) 2020 , the Company will not be dispatching physical copies of the Notice of Meeting ( NOM ). Instead, a copy of the NOM is available via the Company’s website www.arumaresources.com or on the ASX website at https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-023204846A1011760?access_token=83ff96335c2d45a094df02a206a39ff4 .

As you have not elected to receive notices by email, a copy of your personalised proxy form is enclosed for your convenience.

• Shareholders are encouraged to vote online at www.advancedshare.com.au/investor login or by returning the attached proxy form by:

post to: Advanced Share Registry Limited PO Box 1156 Nedlands WA 6909 or fax to: +61 8 6370 4203 or email to: admin@advancedshare.com.au

Your proxy voting instruction must be received by 9:00 am (WST) on 11 January 2021 , being not less than 48 hours before the commencement of the Meeting. Any proxy voting instructions received after that time will not be valid for the Meeting. The Company strongly encourages shareholders to lodge a directed proxy form.

Circumstances relating to COVID-19 are changing rapidly. The Company will update shareholders if changing circumstances will impact planning or the arrangements for the Meeting by way of announcement on ASX and the details will also be made available on our website at www.arumaresources.com .

The NOM is important and should be read in its entirety. If you are in doubt as to the course of action you should follow, you should consult your financial adviser, lawyer, accountant or other professional adviser. If you have any difficulties obtaining a copy of the Notice of Meeting please contact the Company’s share registry, Advanced Share Registry Limited on +61 8 9389 8033.

Yours sincerely

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Phil MacLeod Company Secretary

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ABN 77 141 335 364 ASX: AAJ 1st Floor, 6 Thelma St West Perth W.A. 6005 PO Box 152, West Perth WA 6872, Australia T +61 8 9321 0177 I F +61 8 9226 3764 I W www.arumaresources.com