CHALICE MINING LIMITED — Major Shareholding Notification 2022

May 19, 2022

ASX Form 604

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme CHALICE MINING LIMITED

ACN

ACN 116 648 956

1. Details of substantial holder

Name

The Goldman Sachs Group, Inc. (“GSGI”) on behalf of itself and its subsidiaries (“Goldman Sachs Group”) including its significant subsidiaries listed in Annexure A (“Significant Subsidiaries”) and Goldman Sachs Holdings ANZ Pty Limited and its subsidiaries (“Goldman Sachs Australia Group”)

ACN/ARSN (if applicable) Not applicable

There was a change in the interests of the substantial holder on

The previous notice was given to the company on

The previous notice was dated

17 May 2022 09 May 2022 09 May 2022

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate had a relevant interest in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities	Previous Notice	Previous Notice	Present Notice	Present Notice
	Person’s votes	Voting Power	Person’s votes	Voting Power
Fully Paid Ordinary Shares	29,106,206	8.1984%	32,710,924	9.2137%

3. Change in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of Change	Person whose relevant interest changed	Nature of Change	Consideration given in relation to change	Class and Number of Securities affected	Person’s votes affected
PleaserefertoAnnexureB.

1

ASX Form 604

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of l	Registered hl f	Person entitled i	N f l i	Class and number of	Class and number of	Person's
reevant interest	oder o securities	to be regstered **as holder **	ature o reevant nterest	securities		votes
The Goldman Sachs Group Inc (“GSGI”)	See below	N/A	GSGI has a relevant interest in these Fully Paid Ordinary Shares by virtue of section 608(3) of the Corporations Act 2001	32,710,924	Fully Paid Ordinary Shares	32,710,924
Goldman Sachs Asset Management L.P. (“GSAMLP”)	Bank of New York Mellon	Various clients	GSAMLP has a relevant interest in fully paid ordinary shares in its capacity as investment manager for a range of client portfolios.	71,052	Fully Paid Ordinary Shares	71,052
Goldman Sachs Financial Markets Pty Ltd (“GAUS”)	HSBC Custody Nominees Australia Limited	GAUS	GAUS beneficially owns fully paid ordinary shares.	32,639,843	Fully Paid Ordinary Shares	32,639,843
Goldman Sachs International (“GSI”)	HSBC Custody Nominees Australia Limited	GSI	GSI beneficially owns ordinary fully paid shares.	29	Ordinary Fully Paid Shares	29

5. Change in association The persons who have become associates of, ceased to be associates of, or have changed the nature of their association with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN (if applicable)	Nature of association
N/A	N/A

6. Addresses

The addresses of persons named in this form are as follows:

Name	Address
GSGI	Corporation Trust Center, 1209 Orange Street, Wilmington DE 19801, USA
Goldman Sachs Australia Group	All care of Level 17, 101 Collins Street, Melbourne Victoria 3000, Australia
GAUS	Level 17, 101 Collins Street, Melbourne, Victoria 3000, Australia
GSAMLP	Corporation Trust Center, 1209 Orange Street, Wilmington DE 19801, USA
GSI	Plumtree Court, 25 Shoe Lane, London EC4A 4AU, United Kingdom
HSBC Custody Nominees Australia Limited	GPO Box 5302, Sydney NSW 2001, Australia
Bank of New York Mellon	One Wall Street, 15thFloor, New York, NY 10286

Signature

Noble Sebastian Print name (signing under power of attorney in Capacity Authorised Person accordance with section 52 of the Corporations Act) Sign here Date 19 May 2022

2

ASX Form 604

Annexure A

(This is Annexure A of two (2) pages referred to in Form 604, Notice of Change of Interests of substantial shareholder)

Significant Subsidiaries of The Goldman Sachs Group, Inc.

The following are significant subsidiaries of The Goldman Sachs Group, Inc. as of December 31, 2021 and the states or jurisdictions in which they are organized. Each subsidiary is indented beneath its principal parent. The Goldman Sachs Group, Inc. owns, directly or indirectly, at least 99% of the voting securities of substantially all of the subsidiaries included below. The names of particular subsidiaries have been omitted because, considered in the aggregate as a single subsidiary, they would not constitute, as of the end of the year covered by this report, a “significant subsidiary” as that term is defined in Rule 1-02(w) of Regulation S-X under the Securities Exchange Act of 1934.

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3

ASX Form 604

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THE GOLDMAN SACHS GROUP, INC AND ITS SUBSIDIARIES

Signature

Noble Sebastian Print name (signing under power of attorney in Capacity Authorised Person accordance with section 52 of the Corporations Act) Sign here Date 19 May 2022

4

ASX Form 604

Annexure B

(This is Annexure B of five (5) pages referred to in Form 604, Notice of Change of Interests of substantial shareholder)

Date of Change	Person whose relevant interest changed	Nature of Change	Consideration given in relation to change	Class and number of securities affected	Class and number of securities affected	Person’s votes affected
5/6/2022	GSAMLP	Buy	245,441	35,013	FullyPaid OrdinaryShares	35,013
5/6/2022	GAUS	Sell	85,886	12,192	FullyPaid OrdinaryShares	12,192
5/6/2022	GAUS	Buy	1,081,669	152,605	FullyPaid OrdinaryShares	152,605
5/6/2022	GAUS	Buy	2,099,519	300,000	FullyPaid OrdinaryShares	300,000
5/6/2022	GAUS	Sell	24,441	3,496	FullyPaid OrdinaryShares	3,496
5/6/2022	GAUS	Sell	14,227	2,035	FullyPaid OrdinaryShares	2,035
5/6/2022	GAUS	Sell	9,181	1,313	FullyPaid OrdinaryShares	1,313
5/6/2022	GAUS	Sell	5,544	793	FullyPaid OrdinaryShares	793
5/6/2022	GAUS	Sell	83,791	11,670	FullyPaid OrdinaryShares	11,670
5/6/2022	GAUS	Buy	329	47	FullyPaid OrdinaryShares	47
5/6/2022	GAUS	Sell	1,482	218	FullyPaid OrdinaryShares	218
5/6/2022	GAUS	Sell	15,667	2,182	FullyPaid OrdinaryShares	2,182
5/6/2022	GAUS	Buy	15,667	2,182	FullyPaid OrdinaryShares	2,182
5/6/2022	GAUS	Buy	83,791	11,670	FullyPaid OrdinaryShares	11,670
5/6/2022	GAUS	Sell	83,791	11,670	FullyPaid OrdinaryShares	11,670
5/6/2022	GAUS	Sell	1,551	216	FullyPaid OrdinaryShares	216
5/6/2022	GAUS	Buy	1,551	216	FullyPaid OrdinaryShares	216
5/6/2022	GAUS	Sell	646	90	FullyPaid OrdinaryShares	90
5/6/2022	GAUS	Buy	646	90	FullyPaid OrdinaryShares	90
5/6/2022	GAUS	Buy	345	48	FullyPaid OrdinaryShares	48
5/6/2022	GAUS	Sell	1,752	244	FullyPaid OrdinaryShares	244
5/6/2022	GAUS	Buy	1,407	196	FullyPaid OrdinaryShares	196
5/6/2022	GAUS	Sell	1,632	235	FullyPaid OrdinaryShares	235
5/6/2022	GAUS	Sell	369,276	52,902	FullyPaid OrdinaryShares	52,902
5/6/2022	GAUS	Buy	2,120	306	FullyPaid OrdinaryShares	306
5/6/2022	GAUS	Buy	62,734	8,942	FullyPaid OrdinaryShares	8,942
5/6/2022	GAUS	Buy	156,329	22,321	FullyPaid OrdinaryShares	22,321
5/6/2022	GAUS	Buy	25,426	3,623	FullyPaid OrdinaryShares	3,623
5/6/2022	GAUS	Sell	1,687	235	FullyPaid OrdinaryShares	235
5/6/2022	GAUS	Buy	1,687	235	FullyPaid OrdinaryShares	235
5/9/2022	GSAMLP	Buy	26,802	4,201	FullyPaid OrdinaryShares	4,201
5/9/2022	GAUS	Sell	6,358	972	FullyPaid OrdinaryShares	972
5/9/2022	GAUS	Sell	6,835	1,045	FullyPaid OrdinaryShares	1,045
5/9/2022	GAUS	Buy	30,503	4,662	FullyPaid OrdinaryShares	4,662
5/9/2022	GAUS	Sell	30,038	4,494	FullyPaid OrdinaryShares	4,494
5/9/2022	GAUS	Sell	50,580	7,718	FullyPaid OrdinaryShares	7,718
5/9/2022	GAUS	Sell	11,764	1,713	FullyPaid OrdinaryShares	1,713
5/9/2022	GAUS	Sell	32,960	4,662	FullyPaid OrdinaryShares	4,662

5

ASX Form 604

5/9/2022	GAUS	Buy	32,960	4,662	FullyPaid OrdinaryShares	4,662
5/9/2022	GAUS	Sell	7,066	1,079	FullyPaid OrdinaryShares	1,079
5/9/2022	GAUS	Sell	7,629	1,079	FullyPaid OrdinaryShares	1,079
5/9/2022	GAUS	Buy	7,629	1,079	FullyPaid OrdinaryShares	1,079
5/9/2022	GAUS	Sell	838,554	128,331	FullyPaid OrdinaryShares	128,331
5/9/2022	GAUS	Buy	17,041	2,559	FullyPaid OrdinaryShares	2,559
5/9/2022	GAUS	Buy	34,788	5,332	FullyPaid OrdinaryShares	5,332
5/9/2022	GAUS	Buy	21,817	3,231	FullyPaid OrdinaryShares	3,231
5/9/2022	GAUS	Sell	14,377	2,162	FullyPaid OrdinaryShares	2,162
5/9/2022	GAUS	Buy	1,935,774	300,000	FullyPaid OrdinaryShares	300,000
5/10/2022	GAUS	Buy	1,765,516	300,000	FullyPaid OrdinaryShares	300,000
5/10/2022	GAUS	Buy	1,788,445	300,000	FullyPaid OrdinaryShares	300,000
5/10/2022	GAUS	Sell	56,274	9,565	FullyPaid OrdinaryShares	9,565
5/10/2022	GAUS	Buy	2,821	478	FullyPaid OrdinaryShares	478
5/10/2022	GAUS	Buy	1,914,000	300,000	FullyPaid OrdinaryShares	300,000
5/10/2022	GAUS	Sell	1,914,000	300,000	FullyPaid OrdinaryShares	300,000
5/10/2022	GAUS	Buy	58,429	9,819	FullyPaid OrdinaryShares	9,819
5/10/2022	GAUS	Sell	1,166	199	FullyPaid OrdinaryShares	199
5/10/2022	GAUS	Sell	39,717	6,748	FullyPaid OrdinaryShares	6,748
5/10/2022	GAUS	Sell	297,259	51,544	FullyPaid OrdinaryShares	51,544
5/10/2022	GAUS	Sell	854,897	146,078	FullyPaid OrdinaryShares	146,078
5/10/2022	GAUS	Sell	1,753,070	300,000	FullyPaid OrdinaryShares	300,000
5/10/2022	GAUS	Buy	94,731	15,993	FullyPaid OrdinaryShares	15,993
5/10/2022	GAUS	Buy	42,073	7,143	FullyPaid OrdinaryShares	7,143
5/10/2022	GAUS	Buy	310,597	52,547	FullyPaid OrdinaryShares	52,547
5/10/2022	GAUS	Buy	3,267	552	FullyPaid OrdinaryShares	552
5/10/2022	GAUS	Buy	111,384	18,720	FullyPaid OrdinaryShares	18,720
5/10/2022	GAUS	Sell	25,807	4,370	FullyPaid OrdinaryShares	4,370
5/10/2022	GAUS	Buy	472	74	FullyPaid OrdinaryShares	74
5/10/2022	GAUS	Buy	459	72	FullyPaid OrdinaryShares	72
5/10/2022	GAUS	Sell	931	146	FullyPaid OrdinaryShares	146
5/10/2022	GAUS	Buy	1,065	167	FullyPaid OrdinaryShares	167
5/10/2022	GAUS	Sell	1,723	270	FullyPaid OrdinaryShares	270
5/10/2022	GAUS	Sell	370	58	FullyPaid OrdinaryShares	58
5/10/2022	GAUS	Buy	1,027	161	FullyPaid OrdinaryShares	161
5/10/2022	GAUS	Sell	124,410	19,500	FullyPaid OrdinaryShares	19,500
5/11/2022	GAUS	Buy	2,860,744	500,000	FullyPaid OrdinaryShares	500,000
5/11/2022	GAUS	Buy	1,134,774	200,000	FullyPaid OrdinaryShares	200,000
5/11/2022	GAUS	Sell	67,139	11,769	FullyPaid OrdinaryShares	11,769
5/11/2022	GAUS	Sell	10,426	1,825	FullyPaid OrdinaryShares	1,825
5/11/2022	GAUS	Buy	59,243	10,503	FullyPaid OrdinaryShares	10,503
5/11/2022	GAUS	Buy	2,399	423	FullyPaid OrdinaryShares	423
5/11/2022	GAUS	Buy	279,761	49,025	FullyPaid OrdinaryShares	49,025
5/11/2022	GAUS	Sell	123,189	21,373	FullyPaid OrdinaryShares	21,373
5/11/2022	GAUS	Sell	4,124	723	FullyPaid OrdinaryShares	723
5/11/2022	GAUS	Buy	1,732,101	304,785	FullyPaid OrdinaryShares	304,785

6

ASX Form 604

5/11/2022	GAUS	Sell	226,243	40,114	FullyPaid OrdinaryShares	40,114
5/11/2022	GAUS	Sell	23,901	4,017	FullyPaid OrdinaryShares	4,017
5/11/2022	GAUS	Buy	23,901	4,017	FullyPaid OrdinaryShares	4,017
5/11/2022	GAUS	Buy	27,918	4,801	FullyPaid OrdinaryShares	4,801
5/11/2022	GAUS	Sell	1,884	324	FullyPaid OrdinaryShares	324
5/11/2022	GAUS	Sell	2,349	404	FullyPaid OrdinaryShares	404
5/11/2022	GAUS	Sell	28,796	4,952	FullyPaid OrdinaryShares	4,952
5/11/2022	GAUS	Sell	1,244	214	FullyPaid OrdinaryShares	214
5/11/2022	GAUS	Buy	3,762	647	FullyPaid OrdinaryShares	647
5/11/2022	GAUS	Buy	2,593	446	FullyPaid OrdinaryShares	446
5/11/2022	GAUS	Buy	362,956	61,001	FullyPaid OrdinaryShares	61,001
5/11/2022	GAUS	Sell	362,956	61,001	FullyPaid OrdinaryShares	61,001
5/11/2022	GAUS	Buy	2,927	492	FullyPaid OrdinaryShares	492
5/11/2022	GAUS	Sell	2,927	492	FullyPaid OrdinaryShares	492
5/12/2022	GAUS	Buy	1,583,433	300,000	FullyPaid OrdinaryShares	300,000
5/12/2022	GAUS	Buy	24,859	4,594	FullyPaid OrdinaryShares	4,594
5/12/2022	GAUS	Sell	55,963	10,364	FullyPaid OrdinaryShares	10,364
5/12/2022	GAUS	Buy	6,265	1,153	FullyPaid OrdinaryShares	1,153
5/12/2022	GAUS	Buy	14,754	2,616	FullyPaid OrdinaryShares	2,616
5/12/2022	GAUS	Sell	14,754	2,616	FullyPaid OrdinaryShares	2,616
5/12/2022	GAUS	Buy	25,910	4,594	FullyPaid OrdinaryShares	4,594
5/12/2022	GAUS	Sell	25,910	4,594	FullyPaid OrdinaryShares	4,594
5/12/2022	GAUS	Sell	96,359	17,085	FullyPaid OrdinaryShares	17,085
5/12/2022	GAUS	Buy	96,359	17,085	FullyPaid OrdinaryShares	17,085
5/12/2022	GAUS	Buy	571,428	101,317	FullyPaid OrdinaryShares	101,317
5/12/2022	GAUS	Sell	571,428	101,317	FullyPaid OrdinaryShares	101,317
5/12/2022	GAUS	Sell	3,024	541	FullyPaid OrdinaryShares	541
5/12/2022	GAUS	Buy	653,874	121,126	FullyPaid OrdinaryShares	121,126
5/12/2022	GAUS	Sell	34,422	6,312	FullyPaid OrdinaryShares	6,312
5/12/2022	GAUS	Buy	68,908	12,788	FullyPaid OrdinaryShares	12,788
5/12/2022	GAUS	Buy	2,134,531	400,915	FullyPaid OrdinaryShares	400,915
5/12/2022	GAUS	Buy	8,457	1,578	FullyPaid OrdinaryShares	1,578
5/12/2022	GAUS	Buy	609	108	FullyPaid OrdinaryShares	108
5/12/2022	GAUS	Sell	609	108	FullyPaid OrdinaryShares	108
5/13/2022	GAUS	Buy	2,670,018	500,000	FullyPaid OrdinaryShares	500,000
5/13/2022	GAUS	Sell	4,793	900	FullyPaid OrdinaryShares	900
5/13/2022	GAUS	Buy	33,935	6,305	FullyPaid OrdinaryShares	6,305
5/13/2022	GAUS	Sell	55,544	10,600	FullyPaid OrdinaryShares	10,600
5/13/2022	GAUS	Buy	23,593	4,426	FullyPaid OrdinaryShares	4,426
5/13/2022	GAUS	Buy	6,983	1,310	FullyPaid OrdinaryShares	1,310
5/13/2022	GAUS	Buy	478	90	FullyPaid OrdinaryShares	90
5/13/2022	GAUS	Sell	94,791	17,803	FullyPaid OrdinaryShares	17,803
5/13/2022	GAUS	Buy	328,495	61,682	FullyPaid OrdinaryShares	61,682
5/13/2022	GAUS	Sell	184,464	34,589	FullyPaid OrdinaryShares	34,589
5/13/2022	GAUS	Buy	549,820	103,340	FullyPaid OrdinaryShares	103,340
5/13/2022	GAUS	Sell	34,386	6,447	FullyPaid OrdinaryShares	6,447

7

ASX Form 604

5/13/2022	GAUS	Sell	247,050	47,147	FullyPaid OrdinaryShares	47,147
5/13/2022	GAUS	Buy	247,050	47,147	FullyPaid OrdinaryShares	47,147
5/13/2022	GAUS	Sell	14,510	2,769	FullyPaid OrdinaryShares	2,769
5/13/2022	GAUS	Buy	14,510	2,769	FullyPaid OrdinaryShares	2,769
5/13/2022	GAUS	Sell	30,057	5,736	FullyPaid OrdinaryShares	5,736
5/13/2022	GAUS	Buy	30,057	5,736	FullyPaid OrdinaryShares	5,736
5/16/2022	GAUS	Sell	176,409	32,605	FullyPaid OrdinaryShares	32,605
5/16/2022	GAUS	Buy	10,519	1,940	FullyPaid OrdinaryShares	1,940
5/16/2022	GAUS	Buy	2,982	550	FullyPaid OrdinaryShares	550
5/16/2022	GAUS	Buy	16,629	3,114	FullyPaid OrdinaryShares	3,114
5/16/2022	GAUS	Sell	16,629	3,114	FullyPaid OrdinaryShares	3,114
5/16/2022	GAUS	Buy	22,540	4,221	FullyPaid OrdinaryShares	4,221
5/16/2022	GAUS	Sell	22,540	4,221	FullyPaid OrdinaryShares	4,221
5/16/2022	GAUS	Buy	1,096,779	200,000	FullyPaid OrdinaryShares	200,000
5/16/2022	GAUS	Sell	30,391	5,516	FullyPaid OrdinaryShares	5,516
5/16/2022	GAUS	Buy	84,583	15,535	FullyPaid OrdinaryShares	15,535
5/16/2022	GAUS	Sell	50,299	9,192	FullyPaid OrdinaryShares	9,192
5/16/2022	GAUS	Buy	233,052	43,242	FullyPaid OrdinaryShares	43,242
5/16/2022	GAUS	Sell	617	114	FullyPaid OrdinaryShares	114
5/17/2022	GSAMLP	Sell	6,537	1,159	FullyPaid OrdinaryShares	1,159
5/17/2022	GAUS	Buy	1,680,582	300,000	FullyPaid OrdinaryShares	300,000
5/17/2022	GAUS	Buy	24,529	4,378	FullyPaid OrdinaryShares	4,378
5/17/2022	GAUS	Buy	11,687	2,086	FullyPaid OrdinaryShares	2,086
5/17/2022	GAUS	Buy	39,249	7,015	FullyPaid OrdinaryShares	7,015
5/17/2022	GAUS	Buy	7,766	1,390	FullyPaid OrdinaryShares	1,390
5/17/2022	GAUS	Sell	12,722	2,274	FullyPaid OrdinaryShares	2,274
5/17/2022	GAUS	Sell	121,312	22,300	FullyPaid OrdinaryShares	22,300
5/17/2022	GAUS	Sell	13,443	2,398	FullyPaid OrdinaryShares	2,398
5/17/2022	GAUS	Buy	27,823	5,025	FullyPaid OrdinaryShares	5,025
5/17/2022	GAUS	Sell	356,710	63,708	FullyPaid OrdinaryShares	63,708
5/17/2022	GAUS	Sell	17,393	3,095	FullyPaid OrdinaryShares	3,095
5/17/2022	GAUS	Buy	34,777	6,201	FullyPaid OrdinaryShares	6,201
5/17/2022	GAUS	Buy	8,022	1,426	FullyPaid OrdinaryShares	1,426
5/17/2022	GAUS	Sell	226,243	40,114	FullyPaid OrdinaryShares	40,114
5/17/2022	GAUS	Sell	12,371	2,274	FullyPaid OrdinaryShares	2,274
5/17/2022	GAUS	Buy	12,371	2,274	FullyPaid OrdinaryShares	2,274
5/17/2022	GAUS	Sell	35,164	6,464	FullyPaid OrdinaryShares	6,464
5/17/2022	GAUS	Buy	35,164	6,464	FullyPaid OrdinaryShares	6,464
5/17/2022	GAUS	Buy	6,300	1,158	FullyPaid OrdinaryShares	1,158
5/17/2022	GAUS	Sell	6,300	1,158	FullyPaid OrdinaryShares	1,158

8

ASX Form 604

THE GOLDMAN SACHS GROUP, INC AND ITS SUBSIDIARIES

Signature

Noble Sebastian Print name (signing under power of attorney in Capacity Authorised Person accordance with section 52 of the Corporations Act) Sign here Date 19 May 2022

9