IGO LIMITED — M&A Activity 2022

Jun 7, 2022

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ASX RELEASE
8 June 2022
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WESTERN AREAS SCHEME OF ARRANGEMENT UPDATE

IGO Limited ( IGO or the Company ) (ASX:IGO) is pleased to advise that, following approvals by the Western Areas shareholders and the Supreme Court of Western Australia and subsequent lodgement with the Australian Securities and Investment Commission ( ASIC ), the Scheme of Arrangement pursuant to which IGO will acquire 100% of the share capital of Western Areas Limited ( Western Areas ) is now legally effective.

IGO has been working closely with Western Areas on the important process of integrating the two businesses, and we are looking forward to welcoming the Western Areas team into the IGO business once the transaction has been completed on 20 June 2022.

IGO’s Managing Director and CEO, Peter Bradford, commented: “ The acquisition of Western Areas represents a logical consolidation of key nickel assets in Western Australia and enhances IGO’s position as a leading, independent producer of metals critical for a clean energy future. We are looking forward to unlocking unique synergies across the combined nickel portfolio comprised of Nova, Forrestania and Cosmos, as well as the immediate commencement of the downstream nickel sulphate feasibility studies – bringing IGO closer to key customers in the clean energy and electric vehicle industries.”

This announcement is authorised for release to the ASX by Peter Bradford, Managing Director and CEO.

Investor and Media Enquires

Richard Glass Investor and Media Relations Manager T: +61 8 9238 8300

E: investor.relations@igo.com.au

Suite 4, Level 5 PO Box 496 85 South Perth Esplanade South Perth WA 6951 South Perth WA 6151 Western Australia

T. +61 8 9238 8300 F. +61 8 9238 8399 E. contact@igo.com.au

igo.com.au IGO Limited ABN 46 092 786 304

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