OZZ RESOURCES LIMITED — Major Shareholding Notification 2021

Jul 8, 2021

Form 603

Corporations Act 2001 Section 671 B

Notice of initial substantial holder

To Company Name/Scheme	OZZ RESOURCES LIMI TED
ACN/ARSN	643 844 544

1. Details of substantial holder (1)

Name	KAZAL PTY LTD
ACNIARSN (if applicable)	6.49 766 227

The holder became a substantial holde r on

2. Details of voting power

The toial number of votes attached to all the voting shares in the company or voting interests In the scl1eme that the substantial holder or an associate (2) had a relevant interest (3) in on the d.ate the substantial holder became a substantial holder are as follows,

Class of securitles (4)	Number of securities	Person's v9tes (5)	Voting power (6)
ORDINARY FULLY PAID SHARES	5 , 0 31 , 250	5,031, 250	11.1

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the d,ite the substantial holder became a substantial holder are as follows:

Holder of releva nt interest	Nature of relevant Interest (7)	Class and number of securities
ALAN LOCKETT	DIRECT INTEREST HOLDER OF SECURIT IES	ORDINARY FULLY PAID SHARES 431 , 2 50
KAREN LOCKETT	DIRECTOR, CONTR0LLER AND POTENTIAL BENEFICIARY OF KAZAL PTY LTD	ORDINARY FOLLY PAID SHARES 4 , 600, 000
ALAN LOCKET T	(LISTED BELOW) DIRECTOR & POTENTI AL BENEFICIARY OF KAZAL PTY LTD <the miningASSET TRUST> (LISTED BELOW)	ORDINARY FULLY PP.ID SHARES 4 , 600 ,000
KAZAL PTY L TD <the miningASSET TRUST>	REGISTERRD HOLDER	ORDINARY FULLY PAID SHARES 4 ,600 ,000

4. Details of present registered holders

The persons registered as holders of the securities referred to m paragraph 3 above are as follows:

</tee<>

Holder of relevant	Registered holder of	Person entitled to be	Class and number of securities
interest	securities	reqistered as holder !8\
ALAN LOCKETT	ALAN LOCKETT	ALAN LOCKETT	ORDI NARY FULLY PAID SHARES 431, 250
KAREN LOCKETT	KAZAL PTY LTD < THE	KAZAL PTY LTD < THE	ORDINARY FULLY PAID
	MINING ASSET TRUST>	MINING ASSET TRUST>	SHARES 4,600,000
ALAN L OCKETT	KAZAL PTY LTD <tee< td="">	I<azal <the<="" ltd="" pty="" td="">	ORDI NARY FULLY PAID	I <azal <the<="" ltd="" pty="" td="">	ORDI NARY FULLY PAID	ORDI NARY FULLY PAID
	MINING ASSET TRUST>	MINING ASSET TRUST>	SHARES 4 , 600,000

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above. and acquired rn the four months prior to the day that the substantial holder became a substantial holder 1s as follows:

Holder of relevant interest	Date of acquisition Consideration (9)			Class and number of securities
		Cash	Non-cash
KAZAL PTY LTD <the MINING ASSET TRUST></the	18/ 06/2021 (SEE SECTION 6 FOR MORE DETAILS)	8 , 000	-	ORDINARY SHARES 4,600,000
ALAN LOCKETT	02/ 10/ 2020	750 I		ORDINARY SHARES 431 , 250

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows

Name and ACN/ARSN (if applicable)	Nature of association
ALAN LOCKETT	DIRECT INTEREST IN SECURITIES AND DIRECTOR AND POTENTIAL BENEFICI.ARY OF KAZAL PTY LTD
KAREN LOCKETT KAZAL PTY LTD <the mini="" ngI ASSET TRUST>	CONTROLLER, DIRECTOR AND POTENTIAL BENEFICIARY OF KAZAL PTY LTD . ENTI TY ULTIMATELY CONTROLLED BY KAREN LOCKETT . THE 4 , 600 , 000 SHARES WERE ORIGINALLY ACQUIRED BY DRAGON PTY LTD <the MINING ASSET TRUST> ON 2 OCTOBER 2020 . THE <mining assetTRUST> HAO A CHANGE OF TRUSTEE FROM DRAGON PTY LTD TO KAZAL PTY LTD ON 18 JUNE 2021 .</the

7. Addresses

The addresses of persons named In this form are as follows

Name	Address
ALAN LOCKETT KAREN LOCKETT	4 / 12 SONNET CLOSE WOODLANDS WA 60 18
KAZAL PTY LTD	LEVEL 3 , 216 ST GEORGES TERRACE PERTH WA 6000

Signature
print name	LOCKETT AND KAREN LOCKETT	capacity	DIRECTORS
sign here

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 lo 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 7 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 671 8 (7) of the Corporations Act 2001
• (4) The voting shares of a company constitute one class unless divided into separate classes.
• (5) The total number of votes attached to all the voting shares in the company or voting interests in the scheme (If any) that the person or an associate has a relevant Interest in
• (6) The person's votes divided by the total votes In the body corporate or scheme multiplied by 100

{7) Include details ot.

• (a) any relevant agreement or other circumstances by which the relevant interest was acquired. If subsection 671 13(4) applies. a copy of any document setting out the terms of any relevant agreement, and a statement by the perspn 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, th·e voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualificat ion applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001

• (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) Details of the consideration must include any and all benefits, money and other, that any person from whoni 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 1n relation to the acquisitions, even ii they are not paid directly to the person from whom the relevant interest was acquired.