EAGLE MOUNTAIN MINING LIMITED — Major Shareholding Notification 2023

Jan 3, 2023

604 Page 1 of 3 15 July 2001

Form 604

Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme

ACN/ARSN

EAGLE MOUNTAIN MINING LTD

621 541 204

1. Details of substantial holder (1)

Name Ausbil Investment Management Limited

ACN/ARSN (if applicable)

076 316 473

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

substantial holder on 30 / 12 / 2022 The previous notice was given to the company on 27 / 10 / 2022 The previous notice was dated 27 / 10 / 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 (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

ompany or scheme, are as follows:
Class of securities (4)	Previous notice		Present notice
	Person’s votes	Voting power(5)	Person’s votes	Voting power(5)
Ordinary Fully Paid	22,286,153	8.308%	20,973,754	7.209%

3. Changes 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:

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Date of Person whose Nature of change (6) Consideration given in Class and number Person's votes
change relevant interest relation to change (7) of securities affected
changed affected
Dilution by
Ausbil company share
Investment issuances and Refer to -1,312,399
30/12/22 -1.099%
Management refer to Annexure B Ordinary
limited Annexure
B
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4. Present relevant interests

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

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Nature of relevant interest (6)	Class and number of securities	Person's votes
Ausbil Investment Management Limited	Refer to Annexure A	Refer to Annexure A	Refer to Annexure A	20,973,754 Ordinary	7.209%

604 Page 2 of 3 15 July 2001

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable) Nature of association

6. Addresses

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

he addresses of persons named in this form are as follows:	he addresses of persons named in this form are as follows:
Name Address
Ausbil Investment Management Limited Level 27, 225 George Street, Sydney NSW 2000

Signature

print name Tyson Cannizzaro capacity Compliance Analyst sign here date 04 / 01 / 2023

DIRECTIONS

• (1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form.

• (2) See the definition of "associate" in section 9 of the Corporations Act 2001.

• (3) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.

• (4) The voting shares of a company constitute one class unless divided into separate classes.

• (5) The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.

• (6) Include details of:

• (a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and

• (b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• (7) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

• (8) If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write

604 Page 3 of 3 15 July 2001

"unknown".

(9) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

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Annexure A Ausbil Investment Management Limited

ABN: 26 076 316 473

Relevant interest in: EAGLE MOUNTAIN MINING LTD

National Nominees Limited (NNL) and various other custodians hold shares in the Company as custodian and for which Ausbil is either:

• The responsible entity or trustee of a pooled investment product such as managed investment schemes (funds); or

• The investment manager of Portfolios held for a number of institutional investors. The institutional investors are generally superannuation funds regulated under the Superannuation Industry Supervision Act 1993.

The holding of shares in the Company was acquired as part of a wide portfolio of Australian shares acquired for the Funds and Portfolios.

Ausbil and the Custodians may hold relevant interests due to the capacity of these entities to dispose of the shares in the Company.

Each investor in a fund owns an individual interest in the Fund’s assets; no investor directly owns any asset of the Fund. The unit holding of each Fund varies from time to time as clients enter and withdraw from the Funds. The various institutional investors with portfolios delegate the management of the Portfolios to Ausbil.

_____ Signed 04/01/2023

Tyson Cannizzaro Compliance Analyst

Annexure B

Ausbil Investment Management Limited EAGLE MOUNTAIN MINING LTD

Ticker	As of Date	Settle Date	B/S	Amount	Net Amount
EM2	31/10/2022	02/11/2022	B	40,000	7,556.00
EM2	04/11/2022	08/11/2022	S	293,425	54,665.08
EM2	07/11/2022	09/11/2022	S	711,128	135,114.32
EM2	08/11/2022	10/11/2022	S	270,000	51,300.00
EM2	11/11/2022	15/11/2022	S	773,311	148,475.71
EM2	11/11/2022	15/11/2022	S	176,689	37,104.69
EM2	24/11/2022	29/11/2022	B	848,485	140,000.03	Placement
EM2	29/12/2022	03/01/2023	B	23,669	3,787.04

Tyson Cannizzaro Compliance Analyst 4/01/2023