RAMELIUS RESOURCES LIMITED — Capital/Financing Update 2022

Mar 30, 2022

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----- Start of picture text ----- 31 March 2022ISSUED CAPITALOrdinary Shares: 867MDIRECTORSNON-EXECUTIVE CHAIR:Bob VassieMANAGING DIRECTOR:Mark ZeptnerNON-EXECUTIVE DIRECTORS:Michael BohmDavid SouthamNatalia StreltsovaFiona MurdochCOMPANY SECRETARY:Richard Joneswww.rameliusresources.com.auramelius@rameliusresources.com.auRAMELIUS RESOURCES LIMITEDRegistered OfficeLevel 1, 130 Royal StreetEast Perth, WA 6004Tel +61 8 9202 1127PO Box 6070East Perth, WA 6892----- End of picture text -----

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31 March 2022

RAMELIUS ESTABLISHES NEW $100M REVOLVING SYNDICATED DEBT FACILITY

Ramelius Resources Limited (ASX: RMS ) (“ Ramelius ”, “ the Company ”) is pleased to announce that it has executed a Syndicated Facility Agreement ( SFA ) with Commonwealth Bank of Australia, BNP Paribas (Australia branch) and National Australia Bank Limited.

The SFA and associated documents provide Ramelius with a revolving corporate facility of A$100 million plus a A$2.5 million bank guarantee facility.

The primary use of the facilities is for general corporate purposes. The facilities have a term of two years with the option to extend by a further year on the basis that certain market standard conditions are met.

The facilities are currently undrawn, and the Company remains debt free.

Key terms of the facilities are enclosed.

-ENDS-

This ASX announcement was authorised for release by Mark Zeptner on behalf of the Board of Directors.

For further information contact:

Media enquiries:

Investor enquiries:

Luke Forrestal

Tim Manners

Mark Zeptner

Director GRA Partners Ph: +61 411 479 144

Chief Financial Officer Ramelius Resources Ltd Ph: + 61 8 9202 1127

Managing Director Ramelius Resources Ltd Ph: +61 8 9202 1127

Key Terms for A$100M Revolving Corporate Facility and A$2.5M Bank Guarantee Facility

Purpose General corporate purposes Lenders Commonwealth Bank of Australia, BNP Paribas (Australia branch) and National Australia Bank Limited Availability Commences from satisfaction of conditions precedent up to one month before the maturity date Interest rate BBSY plus fixed margin Fees Establishment fees, commitment fees, a security trustee fee, an agency fee and bank guarantee fees Maturity Two years (and maturing on 30 April 2024) with an option to extend by a further one year Repayment Bullet repayment on the maturity date Conditions precedent and Typical for facilities of this nature subsequent Representations and Typical for facilities of this nature warranties Undertakings Typical for facilities of this nature Events of default and Typical for facilities of this nature review events Financial covenants Tangible Net Worth, Operating Reserves, Minimum Liquidity and Debt to EBITDA Hedging Provided by Commonwealth Bank of Australia, BNP Paribas and National Australia Bank Limited on negotiated commercial terms Mandatory Hedging None Facility Agent Commonwealth Bank of Australia Security Trustee CBA Corporate Services (NSW) Pty Ltd

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