BREAKTHROUGH MINERALS LIMITED — AGM Information 2013

Nov 3, 2013

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4 November 2013

Company Announcement Officer Australian Securities Exchange

Dear Sir/Madam

Annual General Meeting - IEC 2013 Remuneration Report

We refer to the Notice of Meeting sent to shareholders for the Annual General Meeting (AGM) to be held on 25 November 2013. As part of the Notice of Meeting shareholders are requested to consider and if thought fit to adopt the non-binding resolution for the IEC 2013 Remuneration Report.

We note that if more than 25% of the votes cast are against the resolution then the Board Spill resolution will be put to the Shareholders for consideration and vote. This follows more than 25% of the votes cast against the 2012 Remuneration Report at last year’s AGM.

The board believes it is in the interest of shareholders that our executive remuneration policy aims to retain the Company’s Key Management Personnel (“KMP”).

As communicated to shareholders (ASX announcement 28 August 2013), the board has resolved that the company will not adopt an employee incentive scheme for the financial year ending 2014. The board will revisit the adoption of the employee incentive scheme upon the Company either achieving a share price materially higher than the current trading price and/or IEC achieving sustainable earnings. The decision has taken into account that since January 2011, when the current executive management commenced at the company, capital was raised at higher prices than the current share price.

The board has reviewed its Director and Key Management Personnel remuneration with other ASX listed junior coal miners and explorers (refer Figure 1). IEC is in the 9[th] percentile for FY13 and IEC’s Director and KMP remuneration is expected to remain at similar levels in FY14.

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Figure 1 – Director and KMP analysis based on disclosures made in FY13 Annual Reports of ASX listed junior coal miners and explorers

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Mining companies producing thermal coal have been challenged over the past year by significantly lower coal prices.

While these conditions have been challenging, IEC continues to develop and expand its East African operations:

• Sales have diversified geographically into Uganda, Kenya, Malawi and Zambia, and by industry into steel, lime, cement, breweries and paper mills

• Mine productivity materially improving as a function of an increase in sales and management’s focus on cost efficiency

• Diversifying coal production by taking over and expanding the operations of a coal mine in Malawi

• Adding to the development of the 225MW coal fired power station in Tanzania, the development of a 120MW coal fired power station in Malawi

• Increasing the mine resource base in Malawi and adjacent block in South Ngaka in our Tancoal coal operations.

The board believes the efforts of management are delivering long term sustainable results for the company. Revenues are accelerating and the company is focused on the operations generating sustainable earnings over the next year.

The board considers it important to ensure remuneration policy is aligned to increasing shareholder value.

The KMP remain committed to the company owning in excess of 24% of the company.

We encourage shareholders who have enquiry about the 2013 Remuneration Report to make contact with the company prior to the AGM.

For further information please contact:

Shareholder Enquiries Jonathan Warrand Executive Director & CFO Intra Energy Corporation Limited Tel: (02) 9199 5511 www.intraenergycorp.com.au

Suite 2001, Level 20 Australia Square P +612 9252 5766 264 George Street, Sydney 2000 AUSTRALIA F +612 9247 8966

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