RAMELIUS RESOURCES LIMITED — Board/Management Information 2020

Aug 27, 2020

28 August 2020

RETIREMENT OF NON-EXECUTIVE CHAIR

Ramelius Resources Limited ( ASX: RMS ) (“ Ramelius ”, “ the Company ”) wishes to announce that Non-Executive Chair Kevin Lines, after 12 years of continuous service to Ramelius, will retire from his roles at the Company with effect from 30 September 2020.

Mr Lines informed the Board that personal and professional reasons (including ongoing limitations on travel from his home base in Adelaide to Perth) had influenced his decision to step down as Chair.

Mr Lines joined the Ramelius Board as a Non-Executive Director in April 2008 and was appointed Chair in June 2018. Kevin, today said:

"It has been a privilege to have been a part of the Ramelius growth story over the last 12 years. It is particularly pleasing to be able to leave the Company at a time when Ramelius is in great shape financially and in the hands of a great team."

Managing Director Mark Zeptner, on behalf of the Ramelius Board, paid tribute to Mr Lines.

“The Board and Management thank Kevin for his tremendous contribution to not only the Company’s formative years but also for the support that has paved the way for the significant growth over the last two and half years whilst in the Chair role.

We all would like to wish Kevin and Heather all the best in retirement.”

The Board intends to appoint Independent Non-Executive Director Michael Bohm as Acting Chair commencing 1 October 2020 noting the Company has commenced a search for a new Chair. Michael has been a Non-Executive Director of Ramelius since 29 November 2012.

This ASX announcement was authorised for release by the Board of Directors.

Mark Zeptner Managing Director