RAMELIUS RESOURCES LIMITED — Major Shareholding Notification 2021

Dec 2, 2021

604 page 1/2 15 July 2001

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

ToCompany
Name/Scheme Apollo ConsolidatedLimited (Apollo)
ACN/ARSN 102084917
1. Details of substantial holder(1)
Ramelius Resources Limited (Ramelius) and each of the other entities listed in Ramelius’ 2021 Annual
Name Financial Report on page 68 (as updated from time to time and available on request and including
RameliusKalgoorliePtyLtd (Ramelius Kalgoorlie)) (Ramelius Group Entities)
ACN/ARSN (if
applicable) 001 717540
There was a change in the interests
of the substantial holder on 02/12/21
The previous notice was given to
the company on 02/12/21
The previous notice was dated 02/12/21
2. Previous and present voting power
The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder
or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the
company orscheme, are asfollows:

Class of securities (4)	Previous notice	Previous notice	Present notice	Present notice
	Person’s votes	Voting power (5)	Person’s votes	Voting power (5)
Fully paid ordinary shares	248,901,118	85.35%	264,853,495	90.82%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company are as follows:

Date of change	Person whose relevant interest changed	Nature of change (6)	Consideration given in relation to change (7)	Class and number of securities affected	Person’s votes affected
02/12/21	Ramelius and each Ramelius Group Entity	Acquisition of relevant interests in ordinary shares in Apollo as a result of acceptances of the takeover offers made pursuant to the bidder’s statement dated 1 November 2021 and any replacements or supplements to it (Offer).	0.1778 fully paid ordinary share in Ramelius for every 1 fully paid ordinary share in Apollo and $0.34 cash per Apollo share, subject to the terms and conditions of the Offer	15,952,377 fully paid ordinary shares	15,952,377

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Nature of relevant interest (6)	Class and number of securities	Person’s votes
Ramelius Kalgoorlie	Apollo shareholders to whom the Offer was made and who have accepted the Offer	Subject to the terms of the Offer, Ramelius Kalgoorlie	Relevant Interest under s608(1) and/or s608(8) of the Corporations Act pursuant to the acceptances of the Offer.	264,853,495 fully paid ordinary shares	90.82%
Ramelius and each Ramelius Group Entity (except for Ramelius Kalgoorlie)	Apollo shareholders to whom the Offer was made and who have accepted the Offer	Subject to the terms of the Offer, Ramelius Kalgoorlie	Relevant interest in the ordinary shares referred to above under s608(3)(b) of the Corporations Act, by reason of Ramelius having control of Ramelius Kalgoorlie.	264,853,495 fully paid ordinary shares	90.82%

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

5. Changes in association The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:	5. Changes in association The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:	5. Changes in association The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:	5. Changes in association The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:
Name andACN/ARSN(ifapplicable) Nature ofassociation Each of the Ramelius Group Entities Each of the Ramelius Group Entities is a body corporate that is controlled by Ramelius 6. Addresses The addresses of persons named in this form are as follows: Name Address Ramelius and each of the Ramelius GroupEntities Level 1, 130 Royal Street, East Perth WA 6004 Apollo Consolidated Limited 1202 Hay Street West Perth WA 6005
	Name		Address
	Ramelius and each of the Ramelius GroupEntities		Level 1, 130 Royal Street, East Perth WA 6004
	Apollo Consolidated Limited		1202 Hay Street West Perth WA 6005
Signature print name sign here (1) If there are a number of substan corporations, or the manager an relevant interests of a group of p named group if the membership form. (2) See the definition of “associate” (3) See the definition of “relevant int (4) The voting shares of a company (5) The person’s votes divided by th (6) Include details of: (a) any relevant agreement or othe applies, a copy of any documen accurate details of any contract, this contract, scheme or arrang (b) any qualification of the po or disposal of the securitie qualification applies). See the definition of “relevant ag		Richard Jones Capacity: Company Secretary
		date 03/12/2021
		DIRECTIONS tial holders with similar or related relevant interests (eg. a corporation and its related d trustee of an equity trust), the names could be included in an annexure to the form. If the ersons are essentially similar, they may be referred to throughout the form as a specifically of each group, with the names and addresses of members is clearly set out in paragraph 6 of the in section 9 of the Corporations Act 2001. erest” in sections 608 and 671B(7) of the Corporations Act 2001. constitute one class unless divided into separate classes. e total votes in the body corporate or scheme multiplied by 100. r circumstances because of which the change in relevant interest occurred. If subsection 671B(4) t setting out the terms of any relevant agreement, and a statement by the person giving full and scheme or arrangement, must accompany this form, together with a written statement certifying ement; and wer of a person to exercise, control the exercise of, or influence the exercise of, the voting powers s to which the relevant interest relates (indicating clearly the particular securities to which the reement” in section 9 of the Corporations Act 2001.

• (7) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

• (8) If the substantial holder is unable to determine the identify of the person (eg. if the relevant interest arises because of an option) write “unknown”.

(9) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.