Hot Chili Limited — Proxy Solicitation & Information Statement 2023

Apr 6, 2023

Notice of General Meeting

Notice is hereby given that the�General Meeting of Hot Chili Limited (ACN 130 955 725) ( Hot Chili or Company ) will be held at First Floor, 768 Canning Highway, Applecross, Perth, Western Australia at 1.00pm (WST) on Wednesday, 10 May 2023 .

The Explanatory Statement, which accompanies and forms part of this Notice, describes the various matters to be considered.

Terms used in this Notice will, unless the context otherwise requires, have the same meaning given to them in the Glossary as set out in the Explanatory Statement.

AGENDA

Resolution 1 to 3: Grant of Service Rights to Dr Nicole Adshead Bell, a NonExecutive Director, under the Employee Incentive Plan

To consider and, if thought fit, to pass, with or without amendment, the following resolution as an ordinary resolution :

“That under and for the purposes of Listing Rule 10.14 and for all other purposes, Shareholders approve the issue by the Company of 153,000, Service Rights, proposed to be issued to Dr Nicole Adshead Bell, or her nominee, a Director and Related Party of the Company, under the Company’s Employee Incentive Plan, in the manner and on the terms and conditions set out in the Explanatory Statement.”

Resolution 2: Grant of Service Rights to Mr Stephen Quin, a proposed NonExecutive Director, under the Employee Incentive Plan

To consider and, if thought fit, to pass, with or without amendment, the following resolution as an ordinary resolution :

“That under and for the purposes of Listing Rule 10.14 and for all other purposes, Shareholders approve the issue by the Company of 87,000 Service Rights, proposed to be issued to Mr Stephen Quin, or his nominee, a proposed Director and Related Party of the Company, under the Company’s Employee Incentive Plan, in the manner and on the terms and conditions set out in the Explanatory Statement.”

Resolution 3: Grants of Service Rights to Mr Roberto de Andraca Adriasola, a

Non-Executive Director, under the Employee Incentive Plan

To consider and, if thought fit, to pass, with or without amendment, the following resolution as an ordinary resolution :

“That under and for the purposes of Listing Rule 10.14 and for all other purposes, Shareholders approve the issue by the Company of 87,000 Service Rights, proposed to be issued to Mr Roberto de Andraca Adriasola, or his nominee, a Director and Related Party of the Company, under the Company’s Employee Incentive Plan, in the manner and on the terms and conditions set out in the Explanatory Statement.”

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Resolution 4: Grant of Service Rights and Performance Rights to Mr Christian Easterday, the Managing Director, under the Employee Incentive Plan

To consider and, if thought fit, to pass, with or without amendment, the following resolution as an ordinary resolution :

“That under and for the purposes of Listing Rule 10.14 and for all other purposes, Shareholders approve the issue by the Company of 828,750 Service Rights and 828,750 Performance Rights, proposed to be issued to Mr Christian Easterday, or his nominee, the Managing Director of the Company, under the Company’s Employee Incentive Plan, in the manner and on the terms and conditions set out in the Explanatory Statement.”

Resolution 5: Change of Company Name

To consider and, if thought fit, to pass, with or without amendment, the following resolution as a special resolution :

“ That, for the purposes of section 157(1) of the Corporations Act and for all other purposes, approval is given for the name of the Company to be changed to “ Costa Copper Limited ” .’

By order of the Board

Penelope Beattie

Company Secretary

4 April 2023

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