Resolute Mining Limited — Capital/Financing Update 2022

Mar 9, 2022

==> picture [594 x 110] intentionally omitted <==

----- Start of picture text ----- ASX Announcement----- End of picture text -----

10 March 2022

Successful Extension of Revolving Credit Facility

Resolute Mining Limited (Resolute or the Company) (ASX/LSE: RSG) is pleased to announce that the Company has agreed on commercial terms with its financiers to extend its Revolving Credit facility (RCF) for an additional 12 months to March 2024, with an amended amortisation profile.

As part of extending the RCF, a review of the structure and tenure of the Group’s debt facilities has also been undertaken. Under the refinancing agreed with syndicate lenders, the RCF maturity will be extended to the end of March 2024 (previously due in March 2023), with the following amended repayment schedule:

• $30 million in August 2022 upon receipt of the third tranche of the Bibiani sale consideration;

• $20 million in January 2023;

• $20 million in March 2023 in line with the original RCF maturity date; and

• the final $80 million in March 2024.

There are no changes to the $150 million Term Loan Facility, with amortisation remaining in line with the previous biannual repayment schedule (each March and September).

The refinancing is subject to conditions precedent that are customary for a refinancing of this nature.

Resolute’s Chief Executive Officer, Mr Stuart Gale commented: “I would like to thank the lending syndicate who continue to demonstrate ongoing support to Resolute. I am confident the underlying financial performance of the business will continue to improve, with the aim to reduce gearing levels over the near term.”

Resolute

James Virgo, GM Finance and Investor Relations contact@rml.com.au +61 8 9261 6100

Public Relations

Jos Simson, Tavistock resolute@tavistock.co.uk +44 207 920 3150

Media

Cameron Morse, FTI Consulting cameron.morse@fticonsulting.com +61 433 886 871

Oliver Lamb, Tavistock resolute@tavistock.co.uk +44 778 855 4035

Corporate Broker

Matthew Armitt, Berenberg Detlir Elezi, Berenberg +44 20 3207 7800

Resolute Mining Limited ABN 39 097 088 689 Level 2, Australia Place, Perth, Western Australia 6000 T +61 8 9261 6100 E contact@rml.com.au

ASX/LSE:RSG I rml.com.au

Page 1 of 1