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CHALICE MINING LIMITED Board/Management Information 2025

Dec 8, 2025

64649_rns_2025-12-08_03c310ca-c5ad-432d-9e72-f9b7347ec3fb.pdf

Board/Management Information

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ASX Announcement

9 December 2025

Audit Committee Update

Chalice Mining Limited (“Chalice” or “the Company”, ASX: CHN) provides an update on its compliance with ASX Listing Rule 12.7.

As disclosed in the Company’s Corporate Governance Statement and Annual Report released on 26 September 2025, the Company’s Audit Committee from 1 July 2025 was chaired by Richard Hacker, who is not considered to be an independent director. While Richard Hacker is currently a non-executive director, he is not considered to be an independent director in accordance with the guidance provided in the ASX Corporate Governance Principles and Recommendations as he has held an executive position with Chalice in the previous three years. Due to an administrative oversight, this resulted in the Company not being in compliance with Listing Rule 12.7 from 1 July 2025.

The Company has now appointed Garret Dixon, who is an independent non-executive director, as Chair of the Audit Committee and therefore the Company is now in compliance with the requirements of ASX Listing 12.7 and specifically Recommendation 4.1 of the ASX Corporate Governance Principles and Recommendations, with the Audit Committee consisting of:

  • (a) Only non-executive directors;

  • (b) A majority of independent directors;

  • (c) An independent chairperson, who is not chairperson of the board; and

  • (d) At least three members.

This announcement was authorised for release by the Disclosure Committee.

For further information, please visit www.chalicemining.com or contact:

Corporate Enquiries

Media Enquiries

Ben Goldbloom Nicholas Read GM Corporate Development Principal and Managing Director Chalice Mining Limited Read Corporate Investor Relations +61 8 9322 3960 +61 8 9388 1474 [email protected] [email protected]

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LinkedIn: chalice-mining Twitter: @chalicemining

Registered Office ABN 47 116 648 956

Level 3, 46 Colin Street, West Perth WA 6005, Australia PO Box 428, West Perth WA 6872

[email protected] @chalicemining www.chalicemining.com chalice-mining

T: +61 8 9322 3960