MINERAL RESOURCES LIMITED — M&A Activity 2023

Jun 1, 2023

2 June 2023

MinRes completes acquisition of Norwest

Mineral Resources Limited (ASX: MIN) ( MinRes ) is pleased to advise that it has completed the takeover of Norwest Energy NL ( Norwest ).

At close of the takeover offer period on 29 April 2023, MinRes had a relevant interest in 93.24% of Norwest shares. Following completion of the compulsory acquisition process, MinRes has now acquired 100% of Norwest shares.

Pursuant to section 666B(2) of the Corporations Act 2001 (Cth), MinRes has now completed the compulsory acquisition and has provided to Norwest the consideration shares, to be held on trust, for those Norwest shareholders whose shares were compulsorily acquired. Please refer to attached copy of the notice for further information.

If you have any questions or require further information, please contact Computershare on 1300 916 995 (calling from within Australia) and +61 3 9415 4653 (calling from outside Australia).

ENDS

This announcement has been authorised for release to the ASX by Derek Oelofse, Group Financial Controller and Company Secretary. For further information, please contact:

Chris Chong Peter Law Investor Relations Manager Media Manager T: +61 8 9315 0213 T: +61 482 925 422 E: chris.chong@mrl.com.au E: peter.law@mrl.com.au

About Mineral Resources

Mineral Resources Limited (ASX: MIN) (MinRes) is a leading diversified resources company, with extensive operations in lithium, iron ore, energy and mining services across Western Australia. With a focus on people and innovation, MinRes has become one of the ASX’s best-performing companies since listing in 2006. For more information, visit www.mineralresources.com.au.

ABN 33 118 549 910 20 Walters Dr, Osborne Park, WA 6017 Locked Bag 13, Osborne Park, WA 6017 P +61 8 9329 3600 F +61 8 9329 3601 W www.mineralresources.com.au

2 June 2023

Dear Norwest Shareholder,

SHARES FORMERLY HELD BY YOU IN NORWEST ENERGY NL – INSTRUCTIONS FOR CLAIMING CONSIDERATION

We refer to the off-market takeover offer by Mineral Resources Limited (ACN 118 549 910) ( MinRes ) for all the shares in Norwest Energy NL (ACN 078 301 505) ( Norwest ), which closed at 7:00pm (Sydney time) on Saturday, 29 April 2023 ( Offer ).

On 2 May 2023, MinRes announced that, in accordance with section 661A of the Corporations Act 2001 (Cth), it would compulsorily acquire those remaining Norwest shares which it did not own at the end of the Offer period and sent to you by post a copy of ASIC Form 6021 – Notice of Compulsory Acquisition Following Takeover Bid setting out the compulsory acquisition process for your Norwest shares and your rights ( Notice ).

In accordance with the Notice, MinRes has now completed the compulsory acquisition of your Norwest shares. MinRes has been registered as the holder of those Norwest shares and has provided to Norwest the consideration shares (being one fully paid ordinary MinRes share for every 1300 Norwest shares held), which you are now entitled to claim in respect of your previous holding of Norwest shares.

Norwest is now holding that consideration on trust for you, pending receipt of directions from you as to how to deal with it. We have enclosed a Claim Form – Compulsory Acquisition ( Claim Form ) for the purpose of claiming the total consideration due to you.

Please complete and sign the Claim Form and return it (with any accompanying documents that the Claim Form instructs you to provide) as soon as possible to MinRes’ share registry, Computershare Investor Services Pty Limited ( Computershare ).

When the Claim Form is returned, the consideration will be transferred to you and a holding statement will be sent to you at the address specified at the top of your Claim Form. If you are a Foreign Shareholder or a Small Parcel Shareholder (as defined in MinRes' Bidder’s Statement dated 16 December 2022 (as varied or supplemented)), a cheque for the net cash proceeds of the sale of your MinRes shares will be sent to that address instead.

If your address has changed or you would like the holding statement or cheque (as applicable) to be forwarded to another address, please provide certified copies of supporting documents such as a driver's licence, council rates notices or utility statements that show your new address and your former address as recorded on Norwest’s register.

Please note that if you do not instruct Norwest as to how it should deal with your consideration before 1 March 2025 , your unclaimed consideration will be transferred to the Australian Securities and Investments Commission ( ASIC ) and ASIC will hold the consideration in an unclaimed money account.

We strongly encourage you to complete and return the Claim Form and claim your consideration as soon as possible.

If you have any questions or require further information, please contact Computershare on 1300 916 995 (calling from within Australia) and +61 3 9415 4653 (calling from outside Australia).

Yours sincerely

Chris Ellison Managing Director

Norwest Energy NL ACN 078 301 505

Return your Form:

By Mail:

Computershare Investor Services Pty Limited GPO Box 52 Melbourne Victoria 3001 Australia

For all enquiries:

MIN

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Phone:

within Australia 1300 916 995

outside Australia +61 3 9415 4653

MR SAM SAMPLE UNIT 123 SAMPLE STREET SAMPLETOWN NSW 2001

Claim Form - Compulsory Acquisition

 [Please return this form as soon as possible]

This is an important document that requires your immediate attention. This form relates to the consideration to which you are entitled as a result of the compulsory acquisition of your Norwest Shares in Norwest Energy NL ACN 078 301 505 (“ Norwest ”) by Mineral Resources Limited ACN 118 549 910 (“ MinRes ”). If you are in doubt about how to deal with this form, please contact your financial or other professional adviser.

Capitalised terms used in this form have the same meaning as in MinRes' Bidder’s Statement dated 16 December 2022, as varied or supplemented, unless otherwise defined.

Note this form can only be used in relation to the securityholding represented by the details printed above and overleaf.

Step 1: Registration Name & Offer Details

Your consideration will be issued to the name(s) as they appear on the Norwest register, at the date of compulsory acquisition, as provided to MinRes. The registered name and address recorded is printed above and overleaf. To have the address updated, please complete and follow the instructions listed in the ‘New Address’ section under Step 2 on the reverse of this form.

Step 2: Signing Instructions

Individual: Where the holding is in one name, the securityholder must sign.

Joint Holding: Where the holding is in more than one name, all of the securityholders must sign.

Power of Attorney: Where signing as Power of Attorney ( POA ), you must attach an original certified copy of the POA to this form. Companies: Where the holding is in the name of a Company, this form must be signed in accordance with the Corporations Act 2001 (Cth), either as:

• a Sole Director and Sole Company Secretary OR a Sole Director (if no Company Secretary exists), OR

• two Directors, OR

• a Director and Secretary.

Foreign Companies: Where the holding is in the name of a foreign company (companies incorporated outside Australia) the form must be signed as above, or documentation must be provided showing that the company can sign in an alternate manner.

Deceased Estate: All executors must sign and a certified copy of Probate or Letters of Administration must accompany this form.

Entering contact details is not compulsory, but will assist us if we need to contact you.

Turn over to complete the form è

916CR_0_Sample_CA/000001/000002/i

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I1111111111
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Claim Form - Com ulsor Ac uisition p y q

Registration Name & Offer Details

I 1111111111

I ND

[For your security keep your SRN/] HIN confidential.

MR SAM SAMPLE Registration Name: UNIT 123 SAMPLE STREET SAMPLETOWN NSW 2001

Offer Details: Number of Norwest Shares formerly held:

Number of MinRes Shares held pending return of this form:

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2000
1
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If you are a Foreign Shareholder or a Small Parcel Shareholder, you will not be entitled to receive MinRes Shares. The MinRes Shares that would otherwise have been issued to any such Foreign Shareholder and Small Parcel Shareholder have been issued to, and sold on ASX, by a Sale Agent and the net cash proceeds of that sale are being held on your behalf.

Signature of Securityholder(s)

This section must be completed.

I/we the person(s) named above, instruct Norwest to pay or issue and transfer the consideration resulting from the compulsory acquisition of my/our Norwest Norwest Shares by MinRes and being held by Norwest on my/our behalf by:

• sending a cheque for the amount stated above payable to me/us by ordinary mail (or, in the case of an address outside Australia, by airmail) to the address shown above, or below, if applicable; and / or

• transferring Norwest Shares in MinRes, now held by Norwest on my/our behalf. I/we appoint Norwest and any persons authorised by Norwest, severally to execute as transferee and deliver to MinRes for registration, in my/ our names and on my/our behalf, as transfer of my/our MinRes to me/us, in such form as Norwest or such person considers appropriate.

New Address

If your address is different to the one shown on this form you must provide certified copies of supporting documents, such as a driver’s licence, council rates notices or utility statements that show your new address and your former address as recorded on the Norwest register as recorded above and overleaf.

Insert New Address (if applicable)

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I/we agree that this will be a complete release and discharge of all Norwest’s obligations to me/us in respect of the consideration for the compulsory acquisition of my/our Norwest Shares and that Norwest will not be responsible for any loss of documents in the ordinary course of post.

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Individual or Securityholder 1 Securityholder 2 Securityholder 3
Sole Director and Sole Company Secretary/ Director Director/Company Secretary
Sole Director (cross out titles as applicable) (cross out titles as applicable)
Contact
Contact Daytime
Name Telephone Date / /
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Privacy Notice

The personal information you provide on this form is collected by Computershare Investor Services Pty Limited (" CIS ") for the purpose of maintaining registers of securityholders, facilitating distribution payments and other corporate actions and communications. We may also use your personal information to send you marketing material approved by Mineral Resources Limited. You may elect not to receive marketing material by contacting CIS using the details provided on the front of this form or by emailing privacy@computershare.com.au. We may be required to collect your personal information under the Corporations Act 2001 (Cth) and ASX Settlement Operating Rules. We may disclose your personal information to our related bodies corporate and to other individuals or companies who assist us in supplying our services or who perform functions on our behalf, to Mineral Resources Limited or to third parties upon direction by Mineral Resources Limited where related to the administration of your securityholding or as otherwise required or permitted by law. Some of these recipients may be located outside Australia, including in the following countries: Canada, India, New Zealand, the Philippines, the United Kingdom and the United States of America. For further details, including how to access and correct your personal information, and information on our privacy complaints handling procedure, please contact our Privacy Officer at privacy@computershare.com.au or see our Privacy Policy at http://www.computershare.com/ au.

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