IMAGE RESOURCES NL — Notice of Dividend Amount 2021

Mar 21, 2021

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22 March 2021

IMAGE RESOURCES DIVIDEND – LETTER TO SHAREHOLDERS

Image Resources NL (ASX: IMA) (“Image” or “the Company”) advise that the attached letter has been sent to shareholders in relation to the Company’s inaugural unfranked dividend of $0.02 (2 cents) per share.

Shareholders who have yet to provide bank details, TFN and/or wish to lodge an election with respect to the Dividend Reinvestment Program (DRP) are encouraged to login to the Automic Investor Portal as follows:

• Go to investor.automic.com.au

• If you're an existing user, log in with your username and password

• If you're a new user, click on "register", select "Image Resources NL". Enter your Holding Number and postcode for the address on your holding. If your address is outside Australia, you'll need to change the country. Follow the prompts to set up your username and password.

Alternatively, shareholders can complete the forms provided on the Image website - Image Resources - Dividend 2021 - and return it to the address provided in time to meet the DRP election deadline of 21 April 2021.

For more information refer to the Company’s ASX announcements dated 17 March 2021 and the Company’s website Image Resources - Dividend 2021.

This document is authorised for release to the market by:

Patrick Mutz Managing Director +61 8 9485 2410 info@imageres.com.au www.imageres.com.au

Image Resources NL | ABN 57 063 977 579 Ground Floor, 23 Ventnor Ave West Perth WA 6005 | PO Box 469 West Perth WA 6872 T: 08 9485 2410 www.imageres.com.au

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All Registry Communication to:

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GPO Box 5193, Sydney NSW 2001 1300 288 664 (within Australia) +61 2 9698 5414 (international) hello@automic.com.au

www.automicgroup.com.au

Dear Shareholder

Image Resources NL - Dividend 2021

Image Resources NL (IMA) recently announced an Inaugural Dividend for the year ended 31 December 2020.

IMA have also announced a Dividend Reinvestment Plan to enable eligible shareholders to reinvest their dividends in additional shares in the Company. The DRP is designed to reward shareholders by increasing their investment in the Company in an efficient manner, as all transaction costs will be paid by the Company. Under the DRP, you may elect to have all or a portion of your dividends invested in new shares issued by the Company. Participation in the DRP is entirely voluntary and is currently limited to shareholders in the Company who have a registered address in Australia or New Zealand.

To receive your dividend by cash instead of DRP, please provide your bank account details.

Please note the dividend will be fully unfranked, therefore, the maximum Resident Withholding tax will be applied if you do not provide TFN/ ABN details.

You can update your DRP election, preferred payment method and TFN details through the Automic Investor portal:

• Go to investor.automic.com.au

• If you're an existing user, log in with your username and password

• If you're a new user, click on "register", select "Image Resources NL". Enter your Holding Number and postcode for the address on your holding. If your address is outside Australia, you'll need to change the country. Follow the prompts to set up your username and password.

Alternatively, you can complete the DRP Election form and / or the Payment instructions and TFN/ ABN form enclosed with this letter, and return it to the Company's Share Registry, Automic Group.

You will need to ensure your DRP Election and or Payment instructions and TFN/ ABN form is lodged, or an online application is submitted, by no later than 21 April 2021 , or such other date nominated by the Board.

A full copy of the DRP Rules and a summary of the DRP Rules can be found on the IMA website here: Image Resources - Dividend 2021.

Shareholders should seek their own independent advice in relation to their decision to participate in the DRP.

Yours sincerely

Mr Patrick Mutz Managing Director Image Resources NL

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DRP ELECTION/CANCELLATION FORM (IMA)

Please complete the form and send back to Automic to the above address or alternatively you can log into the Automic website https://investor.automic.com.au/#/home to update your DRP election.

A DIVIDEND REINVESTMENT PLAN (DRP)

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B REINVESTMENT DIVIDEND CANCELLATION ELECTION

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C PLEASE SIGN HERE – This section must be signed for your instructions to be executed

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Privacy Clause: Automic Pty Ltd (ACN 152 260 814) trading as Automic Registry Services (Automic) advises that Chapter 2C of the Corporations Act 2001 requires information about you as a securityholder (including your name, address and details of the securities you hold) to be included in the public register of the entity in which you hold securities. Primarily, your personal information is used in order to provide a service to you. We may also disclose the information that is related to the primary purpose and it is reasonable for you to expect the information to be disclosed. You have a right to access your personal information, subject to certain exceptions allowed by law and we ask that you provide your request for access in writing (for security reasons). Our privacy policy is available on our website – www.automicgroup.com.au

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Inaugural Dividend for the year ended 31 December 2020

To receive your Image Resources dividend in cash, please provide your bank details and TFN/ABN details. If you do not provide your TFN/ABN, in the case of an unfranked dividend, the maximum resident withholding tax will be applied.

If you wish to participate in the Dividend Reinvestment Plan, please complete the Dividend Reinvestment Plan election form.

A EMAIL ADDRESS:

B DIRECT CREDITING INSTRUCTIONS C TAX FILE NUMBER (TFN), AUSTRALIAN BUSINESS NUMBER (ABN)

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E PLEASE SIGN HERE – This section must be signed for your instructions to be executed

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Privacy Clause: Automic Pty Ltd (ACN 152 260 814) trading as Automic Registry Services (Automic) advises that Chapter 2C of the Corporations Act 2001 requires information about you as a securityholder (including your name, address and details of the securities you hold) to be included in the public register of the entity in which you hold securities. Primarily, your personal information is used in order to provide a service to you. We may also disclose the information that is related to the primary purpose and it is reasonable for you to expect the information to be disclosed. You have a right to access your personal information, subject to certain exceptions allowed by law and we ask that you provide your request for access in writing (for security reasons). Our privacy policy is available on our website – www.automic.com.au