RAIDEN RESOURCES LIMITED — AGM Information 2024

Nov 26, 2024

RAIDEN RESOURCES Annual General Meeting Presentation

27 November 2024

ASX:RDN DAX:YM4

Disclaimer

CAUTIONARY AND FORWARD-LOOKING STATEMENTS

This presentation does not constitute investment advice. This presentation has been prepared by Raiden Resources Limited ("the Company" or ASX:RDN) to provide summary information about the Company and its activities as at the date of this presentation (November 2024). Neither this presentation nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares in any jurisdiction. The presentation does not take into account any person's particular investment objectives, financial resources or other relevant circumstances and the opinions and recommendations in this presentation are not intended to represent recommendations of particular investments to particular persons. All securities transactions involve risks, which include (among others) the risk of adverse or unanticipated market, financial or political developments.

The Company confirms that it is not aware of any information or data that materially affects the information included in this presentation, and that all material assumptions and technical parameters underpinning the announcements on which this presentation relies continue to apply. The information contained in this presentation is a professional opinion only and is given in good faith.

Certain information in this presentation has been derived from third parties and though Raiden Resources has no reason to believe that it is not accurate, reliable or complete, it has not been independently audited or verified by Raiden Resources.

Any forward-looking statements included in this presentation involve subjective judgement and analysis and are subject to uncertainties, risks and contingencies, many of which are outside the control of, and maybe unknown to, Raiden Resources. In particular, these statements speak only to the date of this presentation, they assume the success of Raiden Resources' strategies, and they are subject to significant regulatory, business, competitive and economic uncertainties and risks. Actual future events may vary materially from the forward-looking statements and the assumptions on which these assumptions are based. Recipients of this presentation are cautioned not to place undue reliance on such forward-looking statements.

Raiden Resources makes no representation or warranty as to the accuracy, reliability or completeness of information in this document and does not take responsibility for updating any information or correcting any errors or omissions which may become apparent after this presentation is released.

To the extent permitted by law, Raiden Resources and its officers, employees, related bodies corporate and agents disclaim all liability, direct, indirect or consequential (and whether or not arising out of the negligence, default or lack of care of Raiden Resources and/or any of its agents) for any loss or damage suffered by a recipient or other persons arising out of, or in connection with, any use or reliance on this presentation or information. All amounts in A$ unless stated otherwise.

ASX Announcements referenced in this presentation

1ASX:RDN announcement 28 June 2023 Raiden expands lithium portfolio adjacent to Azure Minerals 2ASX:RDN 22 September 2023 General meeting Presentation

3ASX:RDN announcement 19 September 2023 Andover High-grade Li2O samples & new 50m wide pegmatite

4ASX:RDN 09 November 2023 Exceptional lithium results & additional spodumene XRD

ASX Announcements referenced in this presentation –continued

ASX:RDN 22 December 2023 Independent analysis confirms five new zones at Andover ASX:RDN 23 September 2024 Mapping confirms new high-priority target zone at Andover ASX:RDN 27 September 2024 Andover South preliminary structural interpretation ASX:AZS 13 June 2023 Exceptional lithium drill Intersections from Andover ASX:AZS 20 June 2023 Broad high-grade lithium intersections continue at Andover ASX:AZS 30 June 2023 More broad high-grade lithium intersections at Andover ASX:AZS 14 July 2023 More +100m lithium intersections returned at Andover ASX:AZS 4 August 2023 209m High-grade lithium intersection at Andover ASX:AZS 21 August 2023 Drilling delivers large volumes of lithium mineralisation at Andover ASX:AZS 18 September 2023 Andover deliver more outstanding lithium results ASX:AZS 10 October 2023 Substantial spodumene-rich pegmatites drilled at target Area 3 ASX:AZS 15 November 2023 Extensive high-grade lithium confirmed at target Area 3 ASX:AZS 30 November 2023 The Andover Lithium Project Exploration Success to Project ASX:AZS 22 December 2023 World-class lithium intersections continue at Andover ASX:AZS 13 February 2024 More very impressive lithium intersections from Andover ASX:AZS 20 March 2024 Andover lithium system continues to grow ASX:RDN announcement 03 April 2023 Maiden Mineral Resource Estimate & JORC Exploration Target ASX:RDN 21 February 2024 IP Survey indicates significant Ni-Cu-PGE upside potential ASX:RDN 19 December 2023 Raiden enters strategic partnership with FQM at Mt Sholl ASX:RDN 09 May Investor Presentation May 2023 ASX:RDN 09 May 2024 Raiden enters into option agreement over Arrow Gold Project ASX:RDN 14 October 2024 $10m institution led raise to accelerate and expand drilling ASX:RDN 26 November 2024 Significant pegmatite system intercepted at Andover South

28ASX:RDN 14 October 2024 $10m institution led raise to accelerate and expand drilling

Competent Person Statement, Previously Reported Information and Cautionary Statements

The information in this presentation that relates to exploration results, including those referenced in footnoted 1-7, 21-28 above, is based on and fairly represents information and supporting documentation, that relates to Exploration Results at the Company projects and have been previously released on the ASX. The Company confirms it is not aware of any information or data that materially affects the information included in the market announcements and that all material assumptions and technical parameters underpinning the announcements continue to apply. The Company confirms that the form and context in which the Competent Person's findings are presented have not been materially modified from the original market announcements referred to above.

Mineral Resources

The Company confirms it is not aware of any new information or data that materially affects the information included in the 3 April 2023 (Maiden Mineral Resource Estimate & JORC Exploration Target) Raiden Resource estimate and all material assumptions and technical parameters underpinning the estimate continue to apply and have not materially changed when referring to its resource announcement made on 3 April 2023. The Company confirms that the form and context in which the Competent Person's findings are presented have not been materially modified from the original market announcement.

Cautionary Statement LR 5.16.5

The potential quantity and grade of this exploration target included in 3 April 2023 release is conceptual in nature, there is currently insufficient exploration completed to support a mineral resource of this size and it is uncertain whether continued exploration will result in the estimation of a JORC resource. The Exploration Target has been prepared in accordance with the JORC Code (2012).

Visual Estimates

Visual estimates of mineral abundance should never be considered a proxy or substitute for laboratory analyses where concentrations or grades are the factor of principal economic interest. Visual estimates also potentially provide no information regarding impurities or deleterious physical properties relevant to valuations.

Capital Structure

• ➢ Market cap: ~$56m at A$0.017 (26/11/2024)
• ➢ Shares on Issue: ~3.3Bn
• ➢ 183m options expiring Nov '24 (~$2.75m)
• ➢ Cash: $16.24m ($19m if all options exercised)

TOP HOLDERS

Top 20	~21%
Top 50	~30%
Top 100	~46%

12-Month Share Price Performance

MICHAEL DAVY - Non-Executive Chairman

Australian business executive with extensive experience in the Australian oil, gas and resources sectors. Mr Davy is also a Non-Executive Director of ASX listed Vanadium Resources Ltd, Haranga Resources Ltd and Arcadia Minerals Ltd.

DUSKO LJUBOJEVIC - Managing Director

Geologist and executive with extensive global mining and exploration experience in Europe, Africa, Central Asia, Australia & North America. Previously held senior positions in junior exploration companies; mid-tier and global majors. Co-founded and listed several exploration companies, including being the co-founder of Raiden Resources.

KYLA GARIC - Company Secretary & Non-Executive Director

Qualified Chartered Accountant and Company Secretary with over 18 years' experience working in the ASX markets. Ms. Garic is a director of Onyx Corporate in Australia.

DALE GINN – Non-Executive Director

Mr Ginn is an experienced mining executive and geologist of over 30 years based in central Canada. He is the founder of numerous exploration and mining companies and has led and participated in a variety of gold and base metal discoveries.

SEAN HALPIN – Chief Operating Officer

A graduate of the Royal School of Mines in London, Sean Halpin's geological career spans some 36 years, both within Australia and overseas in Africa. His professional experience covers the entire mining value chain from grass-roots exploration, exploration drilling, resource development, open pit and underground mining together with senior corporate technical roles with a number of junior exploration companies.

AARON HAWLEY – Senior Project Consultant

Geologist with 30 years' experience includes exploration of many early-stage "greenfield" projects, completing regional to detailed (prospect scale) mapping, designing and implementing sampling programs and follow-up drilling programs that have led to mineral discoveries. Most recently Mr Hawley was involved in the discovery of the Andover Lithium Project, from initial mapping and sampling through to coordinating on ground resource drilling activities during his time at Azure Minerals.

MIKE ROCHE – Geologist

A graduate of University College Dublin in 2019, Mr Mike Roche has spent 3 years working across Western Australia. Most recently Mr Roche was engaged as an exploration geologist for Azure Minerals at the Andover Lithium Project, where he was able to identify previously unidentified Spodumene hosted outcrops from regional rock chip sampling and mapping programs.

Andover North & South Lithium Project (RDN 100-80%)

• 40km2 Andover North and South project
  • Spodumene confirmed as the main Li2O bearing mineral from surface sampling4
  • Intercepted a 250m wide pegmatite bearing zone - open in all directions
  • Individual pegmatites >50m widths
  • >2% Li2O grades from individual sections of core
• Up to 15,000m diamond drilling program underway at Andover South26
• Ongoing targeting work for further blind targets

Andover Complex Structural Interpretation7-20

Andover South Lithium Drilling Plan (RDN 100-80%)

28Cautionary Statement

Visual estimates of mineral abundance should never be considered a proxy or substitute for laboratory analyses where concentrations or grades are the factor of principal economic interest. Visual estimates also potentially provide no information regarding impurities or deleterious physical properties relevant to valuations.

• Target Area 1 and 2 evaluation of southern contacts as a focus for further drilling
• Target Area 7 systematic drilling along strike followed deeper drilling of depth extensions
• Target Areas 3,4,5 and 6 ongoing mapping and evaluation to define further drill targets
• Andover North refining structural model and refining of target areas for future assessment (Air core drilling in 2025)

Drill core from ASDDO10 (high grade section - 90.56m to 90.96m interval - 2.1% Li2O)27

Andover South Lithium Drilling Plan (RDN 100-80%)

RAIDEN RESOURCES INVESTOR PRESENTATION 7

Resource: 40Mt @ 1.17% Cu_Eq & JORC Exploration Target: 80-150Mt @ 1.15 – 1.95% Cu_Eq

JV: First Quantum Minerals funding all exploration work up to decision to Mine. RDN retains 30% and has option to dilute to 20% with First Quantum Minerals funding entire CAPEX

Catalyst: 3,000m drill program completed – results anticipated in December / January

Defined target - structurally and geologically analogous to Hemi deposit (ASX: DEG)

JV: Raiden 25% free-carried for initial 50,000 metres of RC/DD drilling or up to definition of PFS

Catalyst: 3,000m drill program completed – results anticipated in December/January

Mt Sholl (Cu-Ni-PGE) - RDN 100% Arrow (Au) - RDN 100% Vuzel (Au) - RDN 51% (Earn to 90%)

Targeting high-grade Au mineralisation

Extensive gold footprint defined by high grade outcropping mineralisation

JV: Raiden can earn 90% interest by defining JORC resource

Catalyst: drill program planned to commence in December/January.

• ➢ Exposure to Tier 1 discovery potential near term results from Andover South pegmatite drilling
• ➢ 3 Further drilling programs/sets of results slated for in Q4 - JV Partners funding half of the programs
• ➢ Exposure to lithium, gold, copper – nickel
• ➢ Raiden has $16.24m in bank
• ➢ Strong news flow pipeline from ongoing and upcoming activities

DUSKO LJUBOJEVIC (Managing Director)

E: info@raidenresources.com.au

A: Suite 7, 63 Shepperton Road, Victoria Park, WA AUS 6100