Resolute Mining Limited — Major Shareholding Notification 2022

Nov 24, 2022

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder (amended)

To Company Name/Scheme

Resolute Mining Limited

ACN/ARSN 097 088 689

1. Details of substantial holder (1)

Name ICM Limited (and associates listed in Annexure "A"), Somers Isles Private Trust Company Limited ACN/ARSN (if applicable)

There was a change in the interests of the substantial holder on 2022/11/18 The previous notice was given to the company on 2022/11/18 The previous notice was dated 2022/11/18

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 or scheme, are as follows:

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Previous notice Present notice
Class of securities (4)
Person’s votes Voting power (5) Person’s votes Voting power (5)
Ordinary 131,375,391 11.90% * 131,375,391 7.71%
Correction of error made in calculating the new % voting power based on the
3. Changes in relevant interests revised total shares in issue of Resolute Mining Limited
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 or scheme are as follows: give a substantial holding notice to the company or scheme are as follows: ive a substantial holding notice to the company or scheme are as follows: g notice to the company or scheme are as follows: notice to the company or scheme are as follows: y or scheme are as follows: or scheme are as follows:
Class and
Person whose Consideration
Date of Nature of number of Person’s votes
change relevant interest change (6) given in relation securities affected
changed to change (7) affected
See Annexure "A"
4. Present relevant interests
Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows: g securities after the change are as follows: securities after the change are as follows: ge are as follows: e are as follows:
Holder of Registered Person entitled Nature of Class and
relevant holder of to be registered relevant number of Person’s votes
interest securities as holder (8) interest (6) securities
See Annexure "B"
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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 or scheme are as follows: give a substantial holding notice to the company or scheme are as follows: ive a substantial holding notice to the company or scheme are as follows: g notice to the company or scheme are as follows: notice to the company or scheme are as follows: y or scheme are as follows: or scheme are as follows:

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows: g securities after the change are as follows: securities after the change are as follows: ge are as follows: e 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 and ACN/ARSN (if applicable) Nature of association 6. Addresses The addresses of persons named in this form are as follows: Name Address Somers Isles Private Trust Company Limited, Alliance Life Common Fund Limited, Prime Life Common Fund Limited, General Provincial Life Pension Fund Limited, Union Mutual Pension Fund Limited, Zeta Resources Limited, ICM Limited and Duncan Saville 34 Bermudiana Road, Hamilton, HM11, Bermuda UIL Limited 2 Church Street, Hamilton HM11 Utilico Emerging Markets Trust plc and ICM Investment Management Limited The Cottage, Ridgecourt, The Ridge, Epsom Surrey, KT18 7EP, UK	Name and ACN/ARSN (if applicable) Nature of association	Name and ACN/ARSN (if applicable) Nature of association
	Name Address
	Somers Isles Private Trust Company Limited, Alliance Life Common Fund Limited, Prime Life Common Fund Limited, General Provincial Life Pension Fund Limited, Union Mutual Pension Fund Limited, Zeta Resources Limited, ICM Limited and Duncan Saville 34 Bermudiana Road, Hamilton, HM11, Bermuda UIL Limited 2 Church Street, Hamilton HM11
	Utilico Emerging Markets Trust plc and ICM Investment Management Limited The Cottage, Ridgecourt, The Ridge, Epsom Surrey, KT18 7EP, UK
		Duncan Gutsche capacity Notifications Administrator
Signature print name sign here
		date 2022/11/18

Annexure 'A'

This is Annexure A of 1 page referred to in Form 604 Notice of change of interests of substantial holder.

Print Name Duncan Gutsche Capacity Notifications Administrator Signature Date 2022/11/18

Print Name

Changes in relevant interests

Date of change Person whose relevant interest changes Nature of change Consideration given in relation to change Class and number of securities Person’s votes affected	Date of change Person whose relevant interest changes Nature of change Consideration given in relation to change Class and number of securities Person’s votes affected	Date of change Person whose relevant interest changes Nature of change Consideration given in relation to change Class and number of securities Person’s votes affected	Date of change Person whose relevant interest changes Nature of change Consideration given in relation to change Class and number of securities Person’s votes affected	Date of change Person whose relevant interest changes Nature of change Consideration given in relation to change Class and number of securities Person’s votes affected	Date of change Person whose relevant interest changes Nature of change Consideration given in relation to change Class and number of securities Person’s votes affected
18 NOV 2022		Revised Total Shares on Issue (after capital increases announced 17 & 18 November 2022): 1,703,956,134	n/a	n/a	n/a

Annexure 'B'

This is Annexure B of 2 page referred to in Form 604 Notice of change of interests of substantial holder.

Print Name Duncan Gutsche Capacity Notifications Administrator Signature Date 2022/11/18

Present relevant interests

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Holder Person entitled to Class and
Registered holder of Person’s
of relevant securities be registered as Nature of relevant interest number of votes
interest holder securities
UIL Limited JP Morgan Nominees UIL Limited Beneficial Owner 68,422,173 68,422,173
Australia Limited ordinary
shares
Utilico Emerging JP Morgan Nominees Utilico Emerging Beneficial Owner 10,241,886 10,241,886
Markets Trust plc Australia Limited Markets Trust plc ordinary
shares
Alliance Life HSBC Custody Alliance Life Beneficial Owner 28,897,831 28,897,831
Common Fund Nominees Common Fund ordinary
Limited Limited shares
ICM NZ Limited Bell Potter Securities ICM NZ Limited Beneficial Owner 18,000,000 18,000,000
Pty Limited ordinary
shares
Ingot Capital Bell Potter Securities Ingot Capital Beneficial Owner 5,813,501 5,813,501
Investments Pty Pty Limited Investments Pty Ltd ordinary
Ltd shares
Prime Life HSBC Custody Alliance Life Relevant interest under section 608(3)(b) 28,897,831 28,897,831
Common Fund Nominees Common Fund of the Corporations Act by having control ordinary
Limited Limited over Alliance Life Common Fund Limited shares
holding 100% of the shares on issue.
General Provincial JP Morgan Nominees UIL Limited Relevant interest under section 608(3)(a) 68,422,173 68,422,173
Life Pension Fund Australia Limited of the Corporations Act by having control ordinary
Limited over UIL Limited holding greater than shares
50% of the shares on issue.
Union Mutual JP Morgan Nominees UIL Limited Relevant interest under section 608(3)(b) 68,422,173 68,422,173
Pension Fund Australia Limited of the Corporations Act by having ordinary
Limited common control of UIL Limited shares
Capel Court Pty Ltd Bell Potter Securities Ingot Capital Relevant interest under section 608(3)(b) 5,813,501 5,813,501
Pty Limited Investments Pty Ltd of the Corporations Act by having control ordinary
over Ingot Capital Investments Pty Ltd shares
holding 100% of the shares on issue.
Somers Isles JP Morgan Nominees UIL Limited Relevant interest under section 608(3)(b) 68,422,173 125,561,890
Private Trust Australia Limited of the Corporations Act by having control ordinary
Company Limited over General Provincial Life Pension shares
Fund Limited.
JP Morgan Nominees Utilico Emerging Relevant interest under section 608(3)(b) 10,241,886
Australia Limited Markets Trust plc of the Corporations Act by having control ordinary
over ICM Limited. shares
HSBC Bank Australia Alliance Life Relevant interest under section 608(3)(b) 28,897,831
Limited Common Fund of the Corporations Act by having control ordinary
Limited over Prime Life Common Fund Limited shares
holding 100% of the shares on issue of
this entity.
Bell Potter Securities ICM NZ Limited Relevant interest under section 608(3)(b) 18,000,000
Pty Limited of the Corporations Act by having control ordinary
over ICM Limited holding 100% of the shares
shares on issue of this entity.
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ICM Limited JP Morgan Nominees UIL Limited Relevant interest under sections 68,422,173 96,664,059
Australia Limited 608(1)(b) and (c) of the Corporations Act ordinary
by having power to control the exercise shares
of voting or disposal of shares as co-
investment manager for UIL Limited.
JP Morgan Nominees Utilico Emerging Relevant interest under sections 10,241,886
Australia Limited Markets Trust plc 608(1)(b) and (c) of the Corporations Act ordinary
by having power to control the exercise shares
of voting or disposal of shares as co-
investment manager for Utilico Emerging
Markets Trust plc.
Bell Potter Securities ICM NZ Limited Relevant interest under section 608(3)(b) 18,000,000
Pty Limited of the Corporations Act by having control ordinary
over ICM NZ Limited holding 100% of shares
the shares on issue.
ICM Investment JP Morgan Nominees UIL Limited Relevant interest under sections 68,422,173 78,664,059
Management Australia Limited 608(1)(b) and (c) of the Corporations Act ordinary
Limited by having power to control the exercise shares
of voting or disposal of shares as co-
investment manager for UIL Limited.
JP Morgan Nominees Utilico Emerging Relevant interest under sections 10,241,886
Australia Limited Markets Trust plc 608(1)(b) and (c) of the Corporations Act ordinary
by having power to control the exercise shares
of voting or disposal of shares as co-
investment manager for Utilico Emerging
Markets Trust plc.
Duncan Saville JP Morgan Nominees UIL Limited Relevant interest under section 608(3)(b) 68,422,173 131,375,391
Australia Limited of the Corporations Act by having control ordinary
over ICM Limited and holding 100% of shares
the shares in Somers Isles Private Trust
JP Morgan Nominees Utilico Emerging 10,241,886
Australia Limited Markets Trust plc Company Limited. ordinary
shares
HSBC Bank Australia Alliance Life 28,897,831
Limited Common Fund ordinary
Limited shares
Bell Potter Securities ICM NZ Limited 18,000,000
Pty Limited ordinary
shares
Bell Potter Securities Ingot Capital Relevant interest under section 608(3)(b) 5,813,501
Pty Limited Investments Pty Ltd of the Corporations Act by having control ordinary
over Capel Court Pty Ltd holding 100% shares
of the shares on issue.
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