COBRE LIMITED — Share Issue/Capital Change 2022

Aug 11, 2022

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Cobre Limited A.C.N. 626 241 067 (ASX: CBE) Level 7/151 Macquarie Street SYDNEY NSW 2000 Tel: + 61 2 9048 8856 www.cobre.com.au

12 August 2022

ASX Limited

Company Announcements Platform

CLEANSING NOTICE – ISSUE OF SHARES

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Cobre Limited (ASX: CBE , Cobre or Company ) advises that the Company has issued a total of 36,691,925 shares today at an issue price of $0.15 per share, pursuant to the first tranche of the placement that was announced to the market through ASX on 4 August 2022.

CBE gives notice, under section 708A(5)(e) of the Corporations Act 2001 (Cth) ( Corporations Act ), that:

• 1. CBE issued the Shares without disclosure to the recipients under Part 6D.2 of the Corporations Act;
• 1. as at the date of this notice CBE has complied with:
  • a) the provisions of Chapter 2M of the Corporations Act as they apply to CBE; and b) section 674 of the Corporations Act; and
• 1. as at the date of this notice, there is no excluded information (within the meaning of sections 708A(7) and 708A(8) of the Corporations Act) which is required to be set out in this notice under Section 708A(6)(e) of the Corporations Act.

This ASX release was authorised on behalf of the Cobre Board by: Martin C Holland, Executive Chairman and Managing Director.

For more information about this announcement, please contact:

Martin C Holland

Executive Chairman and Managing Director

holland@cobre.com.au