MLG OZ LIMITED — Share Issue/Capital Change 2021

Sep 15, 2021

ASX ANNOUNCEMENT / MEDIA RELEASE 16 SEPTEMBER 2021

RELEASE OF SHARES FROM VOLUNTARY ESCROW

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MLG Oz Limited (ASX:MLG) ( MLG or the Company ) advises, in accordance with Listing Rule 3.10A, that 18,242,291 fully paid ordinary shares ( Shares ) subject to voluntary escrow arrangements at the time that MLG was admitted to the official list of ASX, will be released from voluntary escrow on 23 September 2021. The Shares are already quoted on ASX. The Shares to be released from escrow are held by the Company’s Managing Director, Murray Leahy.

The Company advises that, following the release of the Shares from voluntary escrow, there are 54,726,872 shares that remain subject to voluntary escrow, which will end after the Company’s FY2022 financial results are released by ASX (or earlier subject to certain conditions defined in section 9.7 of the Company’s prospectus dated 1 April 2021). The shares remaining in escrow are held by Mr Leahy.

Refer to the Company’s prospectus dated 1 April 2021 for more information on the voluntary escrow.

MLG is a founder led business which provides a range of services to mine sites, integrated around the needs of client’s ore processing facilities.

MLG Oz Limited (ASX:MLG), (“MLG”) an Australian company based in Kalgoorlie, Western Australia, provides integrated services across gold, iron ore, and other base metal clients throughout Western Australia and in the Northern Territory.

MLG’s offering includes crusher feed, road maintenance, rehabilitation work, vehicle maintenance, machine and labour hire and mine site haulage including end-to-end logistics solutions, with a dedicated facility at the Esperance Port.

MLG’s 100%-owned quarries are strategically located near existing mining operations which facilitates the efficient supply of bulk construction materials comprising sand, aggregate, and lime to clients.

Authorised for release by Dennis Wilkins, Company Secretary.

Investor contact

Phil Mirams Chief Financial Officer 08 6118 5106

Media contact Michael Vaughan Fivemark Partners 0422 602 720

C O N T A C T 08 6118 5106 InvestorRelations@mlgoz.com.au

H E A D O F F I C E 10 Yindi Way, Kalgoorlie WA 6430

P O S T A L O N L I N E PO Box 1484, www.mlgoz.com.au Kalgoorlie WA 6433