RIEDEL RESOURCES LIMITED — Proxy Solicitation & Information Statement 2021

Jul 22, 2021

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23 July 2021

Dear Shareholders

Riedel Resources Limited – Notice of General Meeting

Riedel Resources Limited (ASX: RIE) (Company) advises that a General Meeting of the Company (Meeting) will be held at Suite 4, 6 Richardson Street, West Perth, Western Australia on Thursday, 26 August 2021 at 9:30 (WST).

The Australian Securities and Investments Commission ( ASIC ) has adopted a temporary ‘noaction’ position in relation to the convening and holding of virtual meetings. The position follows on from the Corporations (Coronavirus Economic Response) Determination (No. 3) 2020 which expired on 21 March 2021. ASIC’s ‘no action’ policy, amongst other things, facilitates electronic dispatch of notices of meeting. Accordingly, the Company will not be sending hard copies of the Notice of General Meeting to shareholders ( Notice ). The Notice can be viewed and downloaded from the Company's website at www.riedelresources.com.au.

The Notice of Annual General Meeting and the Explanatory Memorandum should be read in its entirety. If you are in doubt as to how to vote, you should seek advice from a financial adviser, lawyer, accountant or other suitably qualified professional adviser.

With regards to the COVID-19 pandemic, the Company will adhere to all social distancing measures prescribed by government authorities at the Meeting, and shareholders attending the Meeting will need to ensure they comply with the protocols. The health of the Company’s shareholders, employees and other stakeholders is of paramount importance, so we have therefore put in place certain measures including social distancing requirements and limiting non-shareholder visitors.

While the Board would like to host all shareholders in person, in order to minimise the risk to shareholders and to the Company and its ongoing operations, the Company suggests that shareholders do not attend the Meeting in person. Accordingly, the Directors strongly encourage all Shareholders to vote online at www.investornote.com.au or by lodging the proxy form attached to the Notice.

The Board will continue to monitor Australian Government restrictions on public gatherings. If it becomes necessary or appropriate to make alternative arrangements for the Meeting, the Company will notify shareholders accordingly via the Company’s website at www.riedelresources.com.au and the ASX announcement platform.

The Directors of the Company appreciate the understanding of shareholders under the current circumstances.

For and on behalf of the Board.

Yours faithfully

Susan J Field Company Secretary

Riedel Resources Limited

Suite 4, 6 Richardson Street, West Perth WA 6000 admin@riedelresources.com.au | riedelresources.com.au T: +61 8 9226 0866 | ABN: 91 143 042 022