KGL RESOURCES LIMITED — Major Shareholding Notification 2021

Apr 5, 2021

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme	KGL Resources Limited
ACN/ARSN	52 082 658 080
1. Details of substantial holder(1)
Name	KMP Investments Pte Ltd
ACN/ARSN (if applicable)
There was a change in the interests of the substantial holder on The previous notice was given to the company on The previous notice was dated	23/03/2021 17/09/2012 17/09/2012

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities (4)	Previous notice			Present notice
	Person's votes	Voting power (5)	Person's votes	Voting power (5)
Ordinary Shares	38,260,794 ₩	27.32%	96.252,777 24.86%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give

Date of change	Person whose relevant interest changed	Nature of change (6)	Consideration given in relation to change (7)	Class and number of securities affected	Person's votes affected
See attachment A

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable)	Nature of association

6. Addresses

The addresses of persons named in this form are as follows:

Name	Address
KMP Investments Pte Ltd	150 South Bridge Road #11-04 Fook Hai Building Singapore 058727

Signature

print name	TENG TIEN ENG MOSES	DIRECTOR capacity
sign here		date $26 / 03 / 2021$

DIRECTIONS

• If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an $(1)$ equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form.
• $(2)$ See the definition of "associate" in section 9 of the Corporations Act 2001.
• See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001. $(3)$
• The voting shares of a company constitute one class unless divided into separate classes. $(4)$
• The person's votes divided by the total votes in the body corporate or scheme multiplied by 100. $(5)$
• Include details of: $(6)$
• any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any $(a)$ document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and
• any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to $(b)$ which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, becom'e $(7)$ entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.
• If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write "unknown". $(8)$
• $(9)$ Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

GUIDE This guide does not form part of the prescribed form and is included by ASIC to assist you in completing and lodging form 604.

KMP Investments Pte Ltd

This is annexure A of 1 page referred to in form 604

Date	Shares issued	Issue Price per share	Transaction Type	Balance
27/08/2012	15,135,029	0.600	Non-Renounceable Issue Allotment	38,260,794
			Non-Renounceable Entitlement
1/02/2016	8,502,398	0.095	Accepted	46,763,192
14/03/2017	55,555	0.270	Share Purchase Plan	46,818,747
30/03/2017	810,811	0.370	Placement	47,629,558
18/09/2017	5,666,667	0.300	Placement	53,296,225
23/10/2017	4,845,112	0.300	Non-Renounceable Issue Allotment	58,141,337
2/03/2018	4,325,000	0.400	Placement	62,466,337
31/08/2018	5,400,000	0.380	Placement	67,866,337
25/09/2018	45,455	0.330	Share Purchase Plan	67,911,792
3/04/2019	5,650,000	0.300	Placement	73,561,792
31/12/2019	9,195,224	0.230	SSUE	82,757,016
10/08/2020	6,620,562	0.160	Non-Renounceable Issue Allotment	89,377,578
23/03/2021	6,875,199	0.420		96,252,777

$\frac{1}{\sqrt{2}}$

Signed