Resolute Mining Limited — Major Shareholding Notification 2024

Mar 24, 2024

Form 605

Corporations Act 2001

Section 671B

Notice of ceasing to be a substantial holder

To Company Name / Scheme

RESOLUTE MINING LTD

ACN/ARSN

097 088 689

1. Details of substantial holder (1)

Name

BAKER STEEL CAPITAL MANAGERS LLP (CLIENTS OF AND ASSOCIATED OR CONNECTED PARTIES)

ACN/ARSN (if applicable)

The holder ceased to be a substantial holder on The previous notice was given to the company on The previous notice was dated

22-Mar-24 28-Sep-23 28-Sep-23

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) 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:

Date ofChange	Person whose relevant interestchanged	Nature of change (4)	Consideration given inrelation to change (5)	Class (6) and numberof securities affected	Person's votes affected
++refer to schedule 1++

3. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name andACN/ARSN(ifapplicable)	Nature ofassociation
n/a
esses of persons named in this form are as follows:
Name	Address
for all entities listed…	c/oBakerSteelCapital ManagersLLP
	86 JermynStreet,London, SW1Y6JD

4. Addresses

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

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----- Start of picture text ----- Signatureprint name Tino Isnardi capacity Head of Tradingsign here date 22-Mar-24----- End of picture text -----

DIRECTIONS

(1) If there are a number of substantial holders with similar or related relevant interests (egg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 4 of the form.

(2) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.

(3) See the definition of "associate" in section 9 of the Corporations Act 2001.

(4) Include details of:

(a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and

(b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

(5) 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.

(6) The voting shares of a company constitute one class unless divided into separate classes.

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

SCHEDULE 1

Date ofChange	Person whose relevant interest changed	Nature of change (6)	Consideration given inrelation to change (7)	Class and number ofsecurities affected	Person's votes affected
22-Mar-24	Baker Steel Precious Metals Fund	sale	AUD 764,617.50	ordinary	-2,000,000
15-Mar-24	Baker Steel UK Gold & Precious Metals Fd	sale	AUD 17,095.70	ordinary	-46,400
09-Feb-24	Baker Steel Precious Metals Fund	sale	AUD 483,855.73	ordinary	-1,340,000
21-Dec-23	Baker Steel Precious Metals Fund	sale	AUD 956,442.34	ordinary	-2,164,000
20-Dec-23	Baker Steel Precious Metals Fund	sale	AUD 909,145.20	ordinary	-2,000,000
14-Dec-23	Baker Steel Precious Metals Fund	sale	AUD 967,076.22	ordinary	-2,200,000
14-Dec-23	Baker Steel UK Gold & Precious Metals Fd	purchase	-AUD 35,689.27	ordinary	81,000
13-Dec-23	Baker Steel Precious Metals Fund	sale	AUD 836,124.40	ordinary	-2,000,000
13-Dec-23	Baker Steel UK Gold & Precious Metals Fd	sale	AUD 27,189.95	ordinary	-65,000
05-Dec-23	Baker Steel UK Gold & Precious Metals Fd	sale	AUD 21,699.80	ordinary	-50,500
30-Nov-23	Baker Steel Precious Metals Fund	sale	AUD 259,857.84	ordinary	-611,000
07-Nov-23	Baker Steel Precious Metals Fund	purchase	-AUD 710,539.29	ordinary	1,837,000
02-Nov-23	Baker Steel Precious Metals Fund	purchase	-AUD 367,183.50	ordinary	1,000,000
01-Nov-23	Baker Steel Precious Metals Fund	purchase	-AUD 581,570.64	ordinary	1,600,000
23-Oct-23	Baker Steel Precious Metals Fund	purchase	-AUD 638,719.20	ordinary	1,750,000
23-Oct-23	Baker Steel UK Gold & Precious Metals Fd	purchase	-AUD 18,247.76	ordinary	50,000
17-Oct-23	Baker Steel UK Gold & Precious Metals Fd	sale	AUD 29,704.19	ordinary	-82,000
03-Oct-23	Baker Steel Precious Metals Fund	purchase	-AUD 256,179.23	ordinary	768,000