MANUKA RESOURCES LTD. — Major Shareholding Notification 2023

Sep 5, 2023

604 Page 1 of 3 15 July 2001

Form 604

Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme Manuka Resources Ltd ACN/ARSN 611 963 225

1. Details of substantial holder (1)

Name Dennis Karp

ACN/ARSN (if applicable) There was a change in the interests of the substantial holder on 28 / 08 / 2023 The previous notice was given to the company on 29 / 12 / 2022 The previous notice was dated 05 / 01 / 2023

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:

mpany 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	91,814,557	9.52%	91,814,557	8.50%

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 a substantial holding notice to the company or scheme are as follows:

Date of change 03/02/2023 17/04/2023 21/08/2023 and 28/08/2023	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
	Dennis Karp	issue of shares in relation to loan facility	n/a	Ordinary Shares n/a	no change in number of shares, voting power reduced by 0.01%
	Dennis Karp	Share placement to sophisticated investors reduced Voting power	n/a	Ordinary Shares n/a	no change in number of shares, voting power reduced by 0.67%
	Dennis Karp	Share placement to sophisticated investors reduced Voting power	n/a	Ordinary Shares n/a	no change in number of shares, voting power reduced by 0.34%

4. Present relevant interests

604 Page 2 of 3 15 July 2001

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

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Holder of Registered holder Person entitled to be Nature of relevant Class and number Person's votes
relevant of securities registered as holder interest (6) of securities
interest (8)
See
Annexure
"A"
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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
n/a

6. Addresses

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

Name Address	Name Address
See Annexure "A"

Signature

print name sign here	Dennis Karp capacity Director
	date 04/09/2023

DIRECTIONS

• (1) 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 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.

• (3) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.

• (4) The voting shares of a company constitute one class unless divided into separate classes.

• (5) The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.

• (6) Include details of:

• (a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any 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

• (b) 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 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.

604 Page 3 of 3 15 July 2001

• (7) 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, become 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.

• (8) 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".

• (9) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

This is annexure A of 1 page referred to in the form 604 Notice of change of interests of substantial holder

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Signed:
Dennis Karp
Dated: 4th September 2023
4. Present relevant interests
Person entitled to
be registered as Nature of
Holder of Relevant Interest Registered Holder of Securities holder relevant interest Class and Number of Securities Person's votes
Director and
Dennis Karp Rescap Investments Pty Ltd Shareholder 10,440,000 Ordinary Shares 2.11%
Cockatoo Island Unit Director and
Dennis Karp Cockatoo Island Iron Ore Project Pty Ltd Trust Beneficiary 1,365,376 Ordinary Shares 0.28%
Director and
Dennis Karp Soothgrove Pty Ltd Shareholder 35,982,915 Ordinary Shares 7.27%
Dennis Karp Super Director and
Dennis Karp Pathold No. 53 Pty Ltd Fund Beneficiary 31,641 Ordinary Shares 0.01%
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6. Addresses
Name	Address
Rescap Investments Pty Ltd	Level 4, Grafton Bond Building, 201 Kent Street Sydney NSW 2000
Cockatoo Island Iron Ore Project Pty Ltd	Level 4, Grafton Bond Building, 201 Kent Street Sydney NSW 2000
Soothgrove Pty Ltd	34 George Street Greenwich NSW 2036
Pathold No. 53 Pty Ltd	34 George Street Greenwich NSW 2036