RIEDEL RESOURCES LIMITED — Proxy Solicitation & Information Statement 2022

Mar 6, 2022

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7 March 2022

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 5, 6 Richardson Street, West Perth, Western Australia on Friday, 8 April 2022 at 9:30am (WST).

As permitted by the Corporations Act 2001 (Cth), the Company will not be sending hard copies of the Notice of General Meeting ( Notice ) to shareholders, unless the shareholder has made a valid election to receive documents in hard copy. Instead the Notice and accompanying Explanatory Memorandum are being made available to shareholders electronically and can be viewed and downloaded from the Company's website at www.riedelresources.com.au.The Notice of 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 by lodging the proxy form attached to the Notice.

For those shareholders that have not elected to receive notices by email, a copy of your personalised Proxy Form is enclosed for your convenience. Please complete and return the attached Proxy Form to the Company’s share registry, Computershare, using any of the methods set out in the Proxy Form and as detailed below

Online: At www.investorvote.com.au By mail: Computershare Investor Services Pty Ltd GPO Box 242 Melbourne VIC 3001 By fax: 1800 783 447 (within Australia) +61 3 9473 2555 (outside Australia)

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

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Your proxy voting instruction must be received by 9.30am (WST) on 6 April 2022, being not later than 48 hours before the commencement of the Meeting. Any proxy voting instructions received after that time will not be valid for the scheduled Meeting.

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

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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