NT MINERALS LIMITED — Board/Management Information 2021

Sep 1, 2021

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ASX ANNOUNCEMENT ASX Code: RCP

2 September 2021

Board Appointment

Redbank Copper Limited (ASX: RCP) (‘ Redbank ’ or ‘ the Company ’) is pleased to advise that it has appointed experienced mining executive Dale Henderson as a Non-Executive Director effective from 2 September 2021.

Mr Henderson is an engineer (B Eng (Civil) and GAICD) with experience in both mine operations and development in the resources sector. This experience has included brownfields and green-fields environments across a range of commodities in both metals and onshore hydrocarbons.

Most recently, Mr Henderson holds the position of Chief Operating Officer at Pilbara Minerals Limited (ASX: PLS) where he is leading the delivery of the operations and development objectives for the company. Dale has also previously worked for several major resource operators including; Fortescue Metals Group, Chevron, and Occidental Petroleum.

Redbank Chairman Tony Kiernan commented: “We are delighted to welcome Dale to the Redbank Board, as he brings to the Company extensive industry experience and operational leadership. Having worked closely with Dale at Pilbara Minerals, I can attest to his skills and leadership qualities, and I look forward to his contribution at Redbank.

Dale Henderson added: “I am excited to be joining Redbank at this important phase in the Company’s development. Redbank has a highly attractive exploration portfolio and an experienced technical team, so the opportunity to unlock considerable value is very clear.”

Subject to shareholder approval, the Company proposes to award Mr Henderson 1,750,000 Options under the terms and conditions outlined in Appendix 1

DIRECTORS & MANAGEMENT

Tony Kiernan Non-Executive Chairman Michael Hannington Executive Director

Bruce Hooper Non-Executive Director Daryl Henthorn Non-Executive Director Melanie Ross Company Secretary

-ENDS-

For further information please contact:

Michael Hannington Executive Director Ph: +61 8 9362 9888

This announcement was approved and authorised for issue by the Board of RCP.

ASSET PORTFOLIO Redbank Tenements (Granted) Northern Territory – 10,016km²

Redbank Tenements (Applications) Northern Territory – 4,068km²

Millers Creek Project South Australia – 1,110km²

L1, 1A Agnew Way, Subiaco WA 6008 Ph: +61 8 9362 9888

admin@redbankcopper.com.au www.redbankcopper.com.au

ABN: 66 059 326 519

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APPENDIX 1 Appointment of Mr Dale Henderson as Non-Executive Director of Redbank

As part of Mr Henderson’s appointment, it is proposed to issue Mr Henderson 1,750,000 Options at a strike price of $0.15 with an exercise period of three years from the date of issue.

The Options will vest:

• (i) 50% on the date 12 months after the Options are issued subject to Mr Henderson remaining as a director of the Company at that date; and

• (ii) 50% on the date 24 months after the Options are issued subject to Mr Henderson remaining as a director of the Company at that date.

If Mr Henderson ceases to be a director of the Company before all Options have vested, then, unless the Board decides otherwise in its absolute discretion, any unvested Options will lapse and be forfeited.

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