MINBOS RESOURCES LIMITED — Environmental & Social Information 2021

Aug 25, 2021

26 AUGUST 2021

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DRY SEASON ENVIRONMENTAL SURVEY COMPLETED WITH EISA REPORTS UNDERWAY

Minbos Resources Limited (ASX:MNB) (“Minbos” or “the Company”) is pleased to announce the completion of a dry season environmental survey, for the Cabinda Phosphate Project, located in Angola.

HIGHLIGHTS

• Environmental Consultant HCV Africa has completed a dry season environmental survey for the Cácata Deposit and the Futila Granulation Plant.

• Dry season survey complements the wet season survey completed in May this year, both surveys are critical for completion of Environmental and Social Impact Assessments (ESIAs).

• Surveys underpin preliminary impact assessment, mitigation measures, monitoring requirements and a review of QA/QC.

• Flora, fauna, water and soil samples to be analysed in the coming weeks enabling HCV Africa to compile all the information and complete the EISA reports by the end of this year.

• The EISA reports are critical path activities for the Cabinda Phosphate Project and form the basis of the Environmental Study and Waste Management Plan, to be completed by Grupo Simples.

• The Company’s Cabinda Phosphate Project inherently makes important ESGcontributions. The Government of Angola has entrusted Minbos to sustainably manage the Cabinda Phosphate Project and the environmental survey’s address important ESG elements including:

• Land use and ecological sensitivity (Mammals, Avifauna, Botany, Herpetology and Soil Health).

• Water consumption (Hydrology, Aquatic Ecology and Flood Modelling).

• People (Socio-economic, Cultural Heritage and Public Consultation).

ASX Code: MNB Office: Suite 1, 245 Churchill Avenue, Subiaco WA 6008

T: +61 8 6270 4610 E: info@minbos.com W: www.minbos.com ABN: 93 141 175 493

26 AUGUST 2021

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• HCV Africa provides international-standard environmental and social services, biodiversity assessments, environmental impact assessments, environmental auditing, implementation, and advisory services through highly qualified specialists all of whom have extensive experience working in Africa.

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Figures 1-2 – The team from HCV Africa undertaking environmental surveys around the Cácata Deposit.

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This announcement is authorised for release by the Minbos Board.

For further information please contact:

Chris Swallow Corporate Development E: c.swallow@minbos.com Ph: +61 412 174 822

ASX Code: MNB Office: Suite 1, 245 Churchill Avenue, Subiaco WA 6008 T: +61 8 6270 4610 E: info@minbos.com W: www.minbos.com ABN: 93 141 175 493

26 AUGUST 2021 ASX ANNOUNCEMENT

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Compliance Statement

With reference to previously reported Scoping Study Results, the Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and, in the case of material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed.

Forward Looking Statements

Statements contained in this release, particularly those regarding possible or assumed future performance, revenue, costs, dividends, production levels or rates, prices or potential growth of Minbos Resources Limited, are, or may be, forward looking statements. Such statements relate to future events and expectations and, as such, involve known and unknown risks and uncertainties. Actual results and developments may differ materially from those expressed or implied by these forward-looking statements depending on a variety of factors.

ASX Code: MNB Office: Suite 1, 245 Churchill Avenue, Subiaco WA 6008 T: +61 8 6270 4610 E: info@minbos.com W: www.minbos.com ABN: 93 141 175 493