REGIS RESOURCES LIMITED — Major Shareholding Notification 2022

Jul 4, 2022

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facsimile

To: ASX Company Announcements Platform Fax: (02) 9347 0005 From: Alyson Sosa Fax: (02) 8225 5114 Citigroup Global Markets Australia Pty Limited Date: 5 July 2022 Pages: 6 (including cover sheet)

Subject: Submission of Form 603 re: Regis Resources Ltd [RRL.AX]

If you do not receive all pages, please telephone on 61 2 8225 1472

This fax is confidential and may be privileged. If you are not the intended recipient, please notify the sender immediately by telephone.

CITIGROUP GLOBAL MARKETS AUSTRALIA PTY LIMITED ABN 64 003 114 832 AFSL 240992 A participant of ASX Group Level 22, Citigroup Centre, 2 Park Street, Sydney NSW 2000

TELEPHONE: 61 2 8225 4845 FACSIMILE: 61 2 8225 5114

Form 603 Corporations Act Section 671B

Notice of initial substantial shareholder

To: Regis Resources Ltd (“RRL”, Ordinary Fully Paid)

1. Details of substantial shareholder

Citigroup Global Markets Australia Pty Limited (ACN 003 114 832) and each of the related bodies corporate in the Citigroup group of companies worldwide (for more details please visit www.citigroup.com).

The holder became a substantial holder on 1 July 2022.

2. Details of 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 had a relevant interest in on the date the substantial holder became a substantial holder are as follows:

Class of securities	Number of securities	Person’s vote	Voting Power
RRL, Ordinary Fully Paid	38,281,597	38,281,597	5.0715%

3. Details of relevant interests

Holder of relevant interest	Nature of relevant interest	Class and number of securities
Citigroup Global Markets Limited	Citigroup Global Markets Limited holds a relevant interest in these shares pursuant to contracts entered into in the ordinary course of business on a stock market of a stock exchange, containing no terms and conditions other than standard terms and conditions.	456,636 RRL Ordinary Fully Paid
Citigroup Global Markets Australia Pty Limited	Citigroup Global Markets Australia Pty Limited holds a relevant interest in these shares pursuant to contracts entered into in the ordinary course of business on a stock market of a stock exchange, containing no terms and conditions other than standard terms and conditions.	4,173,016 RRL Ordinary Fully Paid
Citibank, N.A. Sydney Branch	Citibank, N.A. Sydney Branch holds a relevant interest in these shares acting as Agent Lender and as the holder of securities subject to an obligation to return under a securities lending agreement.	33,651,945 RRL Ordinary Fully Paid

CITIGROUP GLOBAL MARKETS AUSTRALIA PTY LIMITED ABN 64 003 114 832 AFSL 240992 A participant of ASX Group Level 22, Citigroup Centre, 2 Park Street, Sydney NSW 2000

TELEPHONE: 61 2 8225 4845 FACSIMILE: 61 2 8225 5114

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevant interest	Registered holder of securities	Class and number of securities
Citigroup Global Markets Limited	Citigroup Global Markets Limited	456,636 RRL Ordinary Fully Paid
Citigroup Global Markets Australia PtyLimited	Citigroup Global Markets Australia PtyLimited	4,173,016 RRL OrdinaryFullyPaid
Citibank, N.A. Sydney Branch	Citibank, N.A. Sydney Branch	33,651,945 RRL Ordinary Fully Paid

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

Holder of relevant interest	Date of acquisition	Consideration	Class and number of securities
Citigroup Global Markets Limited	Various	Various	456,636 RRL Ordinary Fully Paid
Citigroup Global Markets Australia Pty Limited	Various	Various	4,173,016 RRL Ordinary Fully Paid
Citibank, N.A. Sydney Branch	Various	Various (Refer Annexure A)	33,651,945 RRL Ordinary Fully Paid

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

Name and ACN/ARSN (if applicable)	Nature of association
Citigroup Global Markets Limited	Each of the related bodies corporate in the Citigroup group of companies worldwide (for more details please visitwww.citigroup.com).
Citigroup Global Markets Australia Pty Limited, ACN 003 114 832	Each of the related bodies corporate in the Citigroup group of companies worldwide (for more details please visitwww.citigroup.com).
Citibank, N.A. Sydney Branch	Each of the related bodies corporate in the Citigroup group of companies worldwide (for more details please visitwww.citigroup.com).

CITIGROUP GLOBAL MARKETS AUSTRALIA PTY LIMITED ABN 64 003 114 832 AFSL 240992 A participant of ASX Group Level 22, Citigroup Centre, 2 Park Street, Sydney NSW 2000

TELEPHONE: 61 2 8225 4845 FACSIMILE: 61 2 8225 5114

7. Addresses

The addresses of persons named in this form are as follows:

Name	Address
Citigroup Global Markets Limited	Citigroup Centre 33 Canada Square London, E14 5LB
Citigroup Global Markets Australia Pty Limited	Level 22, Citigroup Centre 2 Park St Sydney NSW 2000
Citibank, N.A. Sydney Branch	Level 22, Citigroup Centre 2 Park St SydneyNSW 2000

Dated this day, 5 July 2022.

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Alyson Sosa Markets & Securities Services Compliance Australia Citigroup Global Markets Australia Pty Limited

CITIGROUP GLOBAL MARKETS AUSTRALIA PTY LIMITED ABN 64 003 114 832 AFSL 240992 A participant of ASX Group Level 22, Citigroup Centre, 2 Park Street, Sydney NSW 2000

TELEPHONE: 61 2 8225 4845 FACSIMILE: 61 2 8225 5114

Annexure A

This is Annexure A of 2 pages referred to in Form 603 ‘Notice of initial substantial holder’

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Alyson Sosa 5 July 2022

Prescribed Information

Schedule
Type of Agreement	AMSLA / GMSLA / MSLA
Parties to Agreement	Various
Transfer date	Various
Holder of voting rights	Borrower under separate securities lending transaction
Are there any restrictions on voting rights?	No
Scheduled return date	Unknown
Does the borrower have the right to return early?	Yes
If yes, details	Standard AMSLA / GMSLA / MSLA terms
Does the lender have the right to recall early?	Yes
If yes, details	Standard AMSLA / GMSLA / MSLA terms
Will the securities be returned on settlement?	n/a
Statement	If requested by RRL to whom the prescribed form must be given, or if requested by ASIC, Citi will give a copy of the AMSLA / GMSLA / MSLA to RRL or ASIC.

CITIGROUP GLOBAL MARKETS AUSTRALIA PTY LIMITED ABN 64 003 114 832 AFSL 240992 A participant of ASX Group Level 22, Citigroup Centre, 2 Park Street, Sydney NSW 2000

TELEPHONE: 61 2 8225 4845 FACSIMILE: 61 2 8225 5114

Schedule
Type of Agreement	Agent Lender Authorisation Agreement
Parties to Agreement	Various
Circumstances under which the agent lender can exercise the authorisations in relation to the securities	Terms per AMSLA / GMSLA / MSLA
Circumstances under which the agent lender is subject to any restrictions in how it can deal with the securities	Terms per AMSLA / GMSLA / MSLA
Does the agent lender have the right to recall early?	Yes
If yes, details	Standard Authorisation Agreement terms
Statement	If requested by RRL to whom the prescribed form must be given, or if requested by ASIC, Citi will give a copy of the Authorisation Agreement to RRL or ASIC.

CITIGROUP GLOBAL MARKETS AUSTRALIA PTY LIMITED ABN 64 003 114 832 AFSL 240992 A participant of ASX Group Level 22, Citigroup Centre, 2 Park Street, Sydney NSW 2000

TELEPHONE: 61 2 8225 4845 FACSIMILE: 61 2 8225 5114