RAREX LIMITED — Capital/Financing Update 2023

May 2, 2023

Market Announcement

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3 May 2023

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RareX Limited (ASX: REE) – Trading Halt

Description

The securities of RareX Limited (‘REE’) will be placed in trading halt at the request of REE, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Friday, 5 May 2023 or when the announcement is released to the market.

Issued by

Scarlette de Lavaine

Adviser, Listings Compliance

Market Announcement 1/1 ASX Customer Service Centre 131 279 | asx.com.au

3 May 2023 ASX Limited

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ASX Release 3 May 2023

Damian Dinelli Australian Securities Exchange Level 40, Central Park 152-158 St George's Terrace Perth WA 6000

Dear Damian,

REQUEST FOR TRADING HALT – RAREX LIMITED (ASX: REE)

RareX Limited (“the Company”) hereby requests a halt in trading of its securities, effective immediately, pending an announcement regarding a capital raising.

The trading halt will remain in place until not later than commencement of trading on Friday, 5 May 2023 or until the release of the announcement referred to above.

The Company is not aware of any reason why the trading halt should not be granted or of any other information necessary to inform the market about the trading halt.

On behalf of the Board of RareX Limited,

Oonagh Malone Company Secretary

RareX Limited (ASX:REE) @rarex_asx

P +61 (0) 8 6383 6593 info@rarex.com.au rarex.com.au

RareX Limited ASX:REE ABN: 65 105 578 756

RareX HQ Level 1, 338 Barker Road Subiaco WA 6008 Australia