RESOLUTION MINERALS LTD — Board/Management Information 2022

May 23, 2022

24 May 2022

APPOINTMENT OF NEW MANAGING DIRECTOR

Resolution Minerals Ltd (ASX: RML ) ( Resolution or the Company ) is pleased to announce the appointment of Steven Groves as the new Managing Director of the Company. Mr Groves brings a wealth of knowledge and experience in the mineral resources sector and will commence his role with the Company on 1 July 2022.

Mr Groves has a Bachelor of Applied Geology (Honours) and a Master’s of Economic Geology from CODES-SRC at the University of Tasmania and is a member of the Australian Institute of Geoscientists (AIG) and the Society of Economic Geologists (SEG). Mr Groves brings over 27 years’ of geological and corporate experience in the mining industry and has led teams in both Australia and Africa exploring a wide range of commodities from discovery through to development. Most recently he was one of the founding directors of Sultan Resources (ASX:SLZ) and led the company as Managing Director since their successful listing in 2018. Mr Groves also recently has held the role of Technical Director of Si6 Metals (ASX:Si6) and also occupied a variety of exploration and management roles with companies such as BHP Billiton (ASX:BHP), Newmont Mining (NYSE:NEM) and A-Cap Resources (ASX:ACB).

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Incoming Managing Director, Mr Groves comments

I am thrilled to be joining Resolution at a time when the Company is poised for significant growth. Resolution has a wonderful portfolio of quality explorations assets across both the battery metals and gold sectors and has generated multiple high-potential drill targets that are due to be tested in the coming months.

The fact that OZ Minerals has committed to spending up to $9m over the next five years to earn-in to the Wollogorang and Benmara battery metals projects in the NT is testament to the quality of these targets. The current capital raise initiative also allows the Company to aggressively test the 64 North Project in Alaska where the drill rig is currently preparing to mobilise to the Tourmaline Ridge gold Prospect. This outstanding target lies a few kilometres along strike from the 12Moz Pogo Gold Mine and is part of a large tenement holding that completely surrounds Pogo within the world class Tintina Gold Province.

I can’t wait to start working with the great team at Resolution and look forward to keeping shareholders updated with positive results as we embark on what is sure to be a transformative exploration phase for the Company.

CAPITAL STRUCTURE

BOARD

Ordinary Shares Issued 665 M

Craig Farrow - Chair Last Capital Raise Dr Paul Kitto - TED Sep-Oct-21 - Placement and SPP Duncan Chessell - NED $3.7M @ 2c Andrew Shearer - NED Jarek Kopias - Co Sec

Options and rights Listed options 6 M @ 10c Listed options 74 M @ 12c Unlisted options 13 M @ 10c Unlisted options 79 M @ 3c Unlisted rights 28 M

Level 4, 29 King William Street Adelaide SA 5000 www.resolutionminerals.com

ASX RELEASE

Material terms of incoming Managing Director (MD) remuneration

Position Managing Director Commencement 1 July 2022 Remuneration package On commencement, a package in-line with current industry standards totalling $300,000 per annum including superannuation Equity remuneration* 10,500,000 KPI based Performance Rights (Rights) – 3,000,000 short-term incentive Rights and 7,500,000 long-term incentive Rights (details to be provided in shareholder meeting notice expected on 1 June 2022) Termination Two months’ notice by the MD and three months’ notice by the Company

• All equity remuneration will be issued under the Company’s Performance Share Plan and subject to shareholder approval.

For further information please contact the authorising officer Craig Farrow :

Craig Farrow Julian Harvey Chairman Investor Relations Resolution Minerals Ltd Resolution Minerals Ltd P: +61 8 6118 7110 M: +61 404 897 584

E: info@resolutionminerals.com W: www.resolutionminerals.com

E: j.harvey@resolutionminerals.com

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