ROX RESOURCES LIMITED — Major Shareholding Notification 2025

May 19, 2025

Form 605 Corporations Act Section 671B

Notice of ceasing to be a substantial holder

To: Rox Resources Ltd (“ROX”, Ordinary Fully Paid)

1. Details of substantial shareholder

Citigroup Global Markets Australia Pty Limited (ACN 003 114 832) and each of the related bodies corporate in the Citi group of companies worldwide (for more details please visit www.citigroup.com).

The holder ceased being a substantial holder on 16 May 2025.

The previous notice had been given to the company on 5 May 2025.

2. 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:

Date ofchange	Person whoserelevant interestchanged andPerson’s votesaffected	Nature of Relevant Interest	Class andnumber ofsecuritiesaffected
		Citibank, N.A. Sydney Branch holds a
16 May2025	Citibank, N.A.Sydney Branch	decreased relevant interest in theseshares acting as Agent Lender and as theholder of securities subject to anobligation to return under a securities	-2,900,000Ordinary FullyPaid
		lending agreement. Refer to Annexure A.
		Citigroup Global Markets Australia Pty
		Limited holds a decreased relevant
		interest in these shares pursuant to
		contracts entered into subject to an
16 May2025	Citigroup GlobalMarkets AustraliaPty Limited	obligation to return under a securitieslending agreement**and**pursuant tocontracts entered into in the ordinary	-16,312,379Ordinary FullyPaid
		course of business on a stock market of a
		stock exchange, containing no terms and
		conditions other than standard terms and
		conditions. Refer to Annexure A.
		Citigroup Global Markets Limited holds an
16 May2025	Citigroup GlobalMarkets Limited	increased relevant interest in theseshares pursuant to contracts entered intosubject to an obligation to return under asecurities lending agreement. Refer to	11,128,699Ordinary FullyPaid
		Annexure A.

3. Changes in association

The persons who have become associates of, ceased to be associates of, or have changed the nature of their association 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
N/A	N/A

4. Addresses

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

	Name	Address
Citibank,	N.A. Sydney Branch	Citigroup Centre2 Park St Sydney, NSW 2000 Australia
Citigroup	Global Markets Australia Pty Limited	Citigroup Centre2 Park St Sydney, NSW 2000 Australia
Citigroup	Global Markets Inc	388 Greenwich StNew York, NY 10013, United States
		Citigroup Centre, Canary Wharf
Citigroup	Global Markets Limited	33 Canada Square
		London, E14 5LB, United Kingdom

Dated this day, 20 May 2025.

==> picture [121 x 51] intentionally omitted <==

Ravi Bains

Markets Compliance Australia Citigroup Global Markets Australia Pty Limited T: +61 2 8225 4815

Annexure A

This is Annexure A of 2 pages referred to in Form 605 ‘Notice of ceasing to be a substantial holder’

Schedule (Loan)
Type of Agreement	AMSLA/ GMSLA/MSLA
Parties to Agreement	Various
Transfer date	Various
Holder of voting rights	Borrower
Are there any restrictions on voting rights?	No
Scheduled returndate	Unknown
Does the borrower have the right to return**early? **	Yes
If yes, details	Standard AMSLA / GMSLA / MSLA terms
Does the lender have the right to recall**early? **	Yes
Ifyes, details	StandardAMSLA/ GMSLA/MSLAterms
Will the securities be returned on**settlement? **	n/a
Statement	If requested by the company to whom theprescribed form must be given, or if requestedby ASIC, Citi will give a copy of the AMSLA /GMSLA/MSLAto the company or ASIC.

Schedule (Agency Lending Agreement)
Type of Agreement	SecuritiesLendingAgencyAgreement (SLAA)
Parties to Agreement	Various
Circumstances under which the agent lendercan exercise the authorisations in relation tothe securities	Agent Lender can only exercise authority, asagent, in relation to the lender’s securities asdefined and agreed in the Securities LendingAgencyAgreement.
Circumstances under which the agent lenderis subject to any restrictions in how it candeal with the securities	Lenders will define the restrictions and/orsecurities lending parameters in the SecuritiesLending Agency Agreement entered into with thelending agent. Such restrictions/parametersinclude specific designated accounts, lendablelimits, acceptable collateral and/or cashreinvestment guidelines.
Does the agent lender have the right to recallearly?	Agent Lenders have the right to early recall onbehalf of Lender’s instructions. However, theexpectation is the Lender and Borrower wouldhave mutually agreed no sales/recall of thesecurities during the duration of the loan term.Hence, borrowers are not obligated to return thesecurities earlyfortermedloans.
If yes, details	Authorised under the standard SecuritiesLending Agency Agreement terms.
Statement	If requested by the company to whom theprescribed form must be given, or if requestedby ASIC, Citi will give a copy of the authorisationagreement to the company or ASIC.