RAIDEN RESOURCES LIMITED — Board/Management Information 2017

Jul 2, 2017

Ernst & Young 200 George Street Sydney NSW 2000 Australia GPO Box 2646 Sydney NSW 2001

Tel: +61 2 9248 5555 Fax: +61 2 9248 5959 ey.com/au

3 July 2017

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MARKET ANNOUNCEMENT

A.C.N. 009 161 522 Limited (Formerly known as: Subzero Group Limited) (Receivers and Managers Appointed)(Subject to Deed of Company Arrangement) ACN 009 161 522 (“the Company”) Change of Directors

I refer to my appointment together with Mr Adam Nikitins as Joint and Several Voluntary Administrators of the Company on 11 February 2016 and subsequent appointment as Joint and Several Deed Administrators on 5 December 2016. I also refer to previous announcements published on the Australian Stock Exchange (“ASX”) since our appointment.

In accordance with the terms of the DOCA, the incumbent director, Mr Joe Clayton resigned from office effective 29 June 2017 and Mr Nicholas Young, Mr Michael Davey and Ms Kyla Garic were appointed as directors of the Company effective 29 June 2017. In addition, Ms Garic was appointed as Company secretary.

Should you have any queries, please contact Mr Doug Kay on (02) 8295 6587.

Yours faithfully

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Philip Campbell-Wilson

Joint and Several Deed Administrator A.C.N. 009 161 522 Limited (Formerly known as: Subzero Group Limited) (Receivers and Managers Appointed) (Subject to Deed of Company Arrangement)

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