FORTUNA METALS LTD — Proxy Solicitation & Information Statement 2021

Nov 15, 2021

ADDRESS PHONE Level 8 +61 (8) 9486 4036 99 St Georges Terrace ABN WEBSITE Perth WA, 6000 Australia 96 095 684 389

www.frontierresources.net.au

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16 November 2021

NOTICE OF GENERAL MEETING AND PROXY FORM

Dear Shareholder

Frontier Resources Limited (ASX:FNT) (“ Frontier ”, or the “ Company ”) advises that a General Meeting of shareholders is to be held on Friday, 17 December 2021 at 10:00 am (WST) at 104 Colin Street, West Perth 6005 in Western Australia.

The Board has made the decision that it will hold a physical Meeting with appropriate social distancing measures in place to comply with the Federal and State Government current restrictions on gatherings. In accordance with the Treasury Laws Amendment (2021 Measures No. 1) Act 2021 , the Company will not dispatch physical copies of the Notice of General Meeting and Explanatory Statement. Instead, these documents will be emailed to all Shareholders who have provided an email address to the Company’s share registrar and are otherwise available on the ASX company announcements platform at https://www2.asx.com.au/markets/trade-our-cash-market/historical-announcements under the ASX code of “FNT”.

If you have not elected to receive your notices by email, a copy of your personalized proxy form is enclosed for your convenience. Your proxy voting instructions must be received by no later than by 10:00 am (WST) on 15 December 2021, being not less than 48 hours before commencement of the Meeting. Any proxy instructions received after that time will not be valid for the Meeting.

You may vote by attending the Meeting in person, by proxy or by appointing an authorised representative. All resolutions at the Meeting will be voted on by poll and Shareholders who are entitled to vote may vote either at the Meeting by poll or prior to the Meeting by appointing a proxy.

Shareholders are strongly encouraged to either vote prior to the Meeting or to appoint the Chair as their proxy.

Details on how to lodge your Proxy Form can be found on the enclosed Proxy Form. If you have any questions about your Proxy Form please contact the Company Secretary by telephone at +61 8 9486 4036.

The Company considers that the health, safety and welfare of the Company’s staff, its Shareholders and other stakeholders is of paramount importance given the dynamic nature of the COVID-19 pandemic, current restrictions on travel and gatherings, and the ability of both the Federal and State Governments to impose further restrictions. The Board will continue to monitor the Covid-19 situation closely and details of any alternative arrangements for the Meeting will be issued to Shareholders electronically by no later than 14 days prior to the date of the Meeting or at shorter notice, depending on the circumstances.

The Notice is important and should be read in its entirety. If you are in doubt as to the course of action you should follow, you should consult your financial adviser, lawyer, accountant or other professional adviser.

Shareholders are requested to contact the Company Secretary on matt.foy@ftcorporate.com.au if they have any difficulties in obtaining a copy of the Notice of Meeting or have queries in respect of the Meeting.

This announcement has been approved for release by the Board of Frontier Resources Ltd.

Matthew Foy Company Secretary Frontier Resources Ltd