EMERALD RESOURCES NL

ASX Announcement & Media Release

25 November 2021

Fast Facts

ASX Code: EMR Shares on issue: 515,397,207 Market Cap: ~A$558 million Cash: A$15.4 million (at 30 September 2021)

Board & Management

Simon Lee AO, Non-Executive Chairman Morgan Hart, Managing Director Mick Evans, Executive Director Ross Stanley, Non-Executive Director Billie Slott, Non-Executive Director Mark Clements, Non-Executive Director and Company Secretary Bernie Cleary, Operations Manager Brett Dunnachie, Chief Financial Officer

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Results of Annual General Meeting

The Board of Emerald Resources NL (ASX: EMR or Company) wishes to advise that, in accordance with ASX Listing Rule 3.13.12 and section 251AA of the Corporations Act, details of the resolutions and proxies received for the annual general meeting held today are set out in the proxy summary attached. The Chairman voted in favour of the resolutions in relation to the discretionary proxies where allowable.

All resolutions were passed by way of poll.

This ASX release was authorised on behalf of the Emerald Board by: Morgan Hart Managing Director.

For further information please contact Emerald Resources NL

Company Highlights

First mover in an emerging gold province in Cambodia;

Morgan Hart Managing Director

Okvau Deposit: Indicated and Inferred Mineral Resource Estimate of 1.14Moz at 2.0g/t Au;
Project built in 2021 on time on budget and now in production;
Forecast economics demonstrates high grade, low cost, compelling project;
Ore Reserve of 14.3Mt & 2.0g/t Au for 0.9Mozs in a single open pit with waste:ore ratio of 5.8:1;
LOM average annual production of 106,000ozs pa;
AISC US$754/oz over LOM (at a US$1,450 gold price assumption);
Mineral Investment Agreement governs significant tax and duty concessions for first 5 years and includes offshore arbitration process;
Highly credentialed gold project operational and development team;
Significant resource growth potential;
Focussed on a net positive impact on near-mine environmental and social values by targeting strict compliance with corporate governance, international guidelines (IFC PS’s) and local law by engaging and collaborating with all stakeholders.

Registered Office 1110 Hay Street West Perth WA 6005

T: +61 8 9286 6300 F: +61 8 6243 0032 W: www.emeraldresources.com.au

Disclosure of Proxy Votes

Annual General Meeting Thursday, 25 November 2021

Automic GPO Box 5193, Sydney, NSW 2001 P 1300 288 664 (aus) or +61 (0)2 9698 5414 (world) F +61 (0)2 8583 3040 E [email protected] ABN 27 152 260 814

In accordance with section 251AA of the Corporations Act 2001, the following information is provided in relation to resolutions put to members at the meeting.

			Proxy Votes	Proxy Votes	Proxy Votes	Proxy Votes	Poll Results (if applicable)	Poll Results (if applicable)	Poll Results (if applicable)
Resolution	Decided byShow ofHands (S)or Poll (P)	Total Numberof Proxy Votesexercisable byproxies validlyappointed	FOR	AGAINST	ABSTAIN	PROXY'SDISCRETION	FOR	AGAINST	ABSTAIN
1 Adoption of Remuneration Report	P	175,575,801	175,288,15899.84%	17,0500.01%	62,200	270,5930.15%	182,953,06599.99%	17,0500.01%	62,200
2 Election of Director – Ms Billie JeanSlott	P	280,208,004	279,815,73399.86%	3,9240.00%	5,004	388,3470.14%	288,166,904100.00%	3,9240.00%	5,004
3 Re-Election of Director – Mr MichaelEvans	P	280,208,008	279,112,87199.61%	706,7940.25%	5,000	388,3430.14%	287,464,03899.75%	706,7940.25%	5,000
4 Issue of Options to Director – MrMichael Evans	P	238,600,252	237,313,45399.46%	751,9060.32%	2,229,422	534,8930.22%	245,126,41099.69%	751,9060.31%	2,797,932
5 Increase in Aggregate Non-ExecutiveDirector Fee Pool	P	175,666,501	175,225,09299.75%	53,0660.03%	75,625,895	388,3430.22%	182,891,49999.97%	53,0660.03%	75,625,895
6 Replacement of Constitution	P	279,925,536	279,362,64299.80%	28,4390.01%	287,472	534,4550.19%	287,859,92199.99%	28,4390.01%	287,472

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EMERALD RESOURCES NL Declaration of Voting Results & Voting Rights Announcements 2021