RAMELIUS RESOURCES LIMITED — M&A Activity 2025

Jul 24, 2025

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----- Start of picture text ----- 25 July 2025ISSUED CAPITALOrdinary Shares: 1,159MDIRECTORSNON-EXECUTIVE CHAIR:Bob VassieMANAGING DIRECTOR:Mark ZeptnerNON-EXECUTIVE DIRECTORS:David SouthamNatalia StreltsovaFiona MurdochColin MoorheadCOMPANY SECRETARY:Richard Joneswww.rameliusresources.com.auRAMELIUS RESOURCES LIMITEDRegistered OfficeLevel 13, 58 Mounts Bay RoadPerth, WA 6000Tel +61 8 9202 1127PO Box 2714Cloisters Square PO WA 6850----- End of picture text -----

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DEFERRED SETTLEMENT TRADING OF SHARES TO BE ISSUED UNDER THE SCHEME

As announced by Spartan Resources Limited (ASX: SPR) ( Spartan ) to ASX on 21 July 2025, the Supreme Court of Western Australia has made orders approving the proposed scheme of arrangement between Spartan and its shareholders ( Scheme ).

The Scheme became legally effective on 22 July 2025.

Eligible Spartan shareholders will be entitled to receive $0.25 cash and 0.6957 new Ramelius shares ( New Ramelius Shares ) per Spartan share ( Scheme Consideration ) in accordance with the terms of the Scheme.

New Ramelius Shares have commenced trading on ASX on a deferred settlement basis under ASX code RMSNC.

It is anticipated that the Scheme will be implemented, and that the Scheme Consideration will be provided to eligible Spartan shareholders, on Thursday, 31 July 2025, and that the New Ramelius Shares will commence trading on ASX on a normal settlement basis on Friday, 1 August 2025.

This ASX announcement was authorised for release by the Company Secretary of Ramelius