ROX RESOURCES LIMITED — Major Shareholding Notification 2026

Mar 23, 2026

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/ Scheme ACN/ ARSN 1. Details of substantial holder (1) Name ACN/ ARSN (if applicable) There was a change in the interests of t The previous notice was given to the co The previous notice was dated	Rox Resources Limited
	107 202 602
	L1 Capital PtyLtd
	125 378 145
	he substantial holder on mpany on	20/03/2026 4/02/2026 4/02/2026

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities(4)	Previous notice	Previous notice	Present notice	Present notice
	Person's votes	Voting power(5)	Person's votes	Voting power(5)
FPO	220,193,862	15.86%	234,446,125	16.89%
	*Based on issued capital of 1,388,258,440 shares

3. 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 of change	Person whose relevant interest changed	Nature of change(6)	Consideration given in relation to change(7)	Class and number of securities affected	Person's votes affected
See Annexure A

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of relevant interest	Registered Holder of securities	Person entitled to be registered as holder(8)	Nature of relevant interest	Class and number of securities	Person's votes
See Annexure B

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

6. Addresses The addresses of persons Signature Print name Sign here Name a	Name a	nd ACN/ ARSN(if applicable)		Nature of association
		N/A
	s es of persons	named in this form are as follows:
		Name		Address
		L1 Capital PtyLtd		Level 45,101 Collins Street,Melbourne,VIC,3000
		Capacity Date Jane Stewart		24/03/2026 Head of Legal and Compliance

DIRECTIONS

(1) If there are a number of substantial holders with similar or related relevant interests (eg. 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 6 of the form.

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

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

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

• (5) The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.

(6) 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.

(7) 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.

• (8) If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write "unknown".

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

Annexure A

L1 Capital Pty Ltd (ACN 125 378 145) change in substantial holding in Rox Resources Limited This is Annexure "A" of 1 page referred to in the Form 604 (Notice of Change of interests of Substantial Holder)

Print Name Jane Stewart Capacity Sign Here Date

Head of Legal and Compliance 24/03/2026

Changes in relevant interests

Date of change	Person whose relevant interest changed	Nature of change (6)	Consideration given in relation to change (7)	Class and number of securities affected	Person's votes affected	Person's votes affected
5/02/2026	L1 Capital Pty Ltd	On-Market Purchase	24,696.68 $	45,315	FPO	45,315
16/02/2026	L1 Capital Pty Ltd	On-Market Purchase	261,643.66 $	523,392	FPO	523,392
17/02/2026	L1 Capital Pty Ltd	On-Market Purchase	2,257,204.65 $	4,560,204	FPO	4,560,204
18/02/2026	L1 Capital Pty Ltd	On-Market Purchase	957,923.65 $	1,966,144	FPO	1,966,144
19/02/2026	L1 Capital Pty Ltd	On-Market Purchase	65,839.60 $	137,223	FPO	137,223
20/02/2026	L1 Capital Pty Ltd	On-Market Purchase	23,787.23 $	48,055	FPO	48,055
24/02/2026	L1 Capital Pty Ltd	On-Market Purchase	68,957.04 $	129,985	FPO	129,985
25/02/2026	L1 Capital Pty Ltd	On-Market Purchase	662,121.58 $	1,249,286	FPO	1,249,286
26/02/2026	L1 Capital Pty Ltd	On-Market Purchase	70,565.92 $	133,396	FPO	133,396
2/03/2026	L1 Capital Pty Ltd	On-Market Purchase	93,201.10 $	166,565	FPO	166,565
3/03/2026	L1 Capital Pty Ltd	On-Market Purchase	253,142.63 $	455,637	FPO	455,637
9/03/2026	L1 Capital Pty Ltd	On-Market Purchase	103,950.00 $	210,000	FPO	210,000
10/03/2026	L1 Capital Pty Ltd	On-Market Purchase	29,029.12 $	56,931	FPO	56,931
12/03/2026	L1 Capital Pty Ltd	On-Market Purchase	282,282.92 $	530,607	FPO	530,607
13/03/2026	L1 Capital Pty Ltd	On-Market Purchase	370,375.63 $	736,151	FPO	736,151
16/03/2026	L1 Capital Pty Ltd	On-Market Purchase	576,042.80 $	1,179,932	FPO	1,179,932
17/03/2026	L1 Capital Pty Ltd	On-Market Purchase	185,356.88 $	374,534	FPO	374,534
19/03/2026	L1 Capital Pty Ltd	On-Market Purchase	397,834.82 $	830,033	FPO	830,033
20/03/2026	L1 Capital Pty Ltd	On-Market Purchase	403,293.36 $	918,873	FPO	918,873

Annexure B

L1 Capital Pty Ltd (ACN 125 378 145) change in substantial holding in Rox Resources Limited This is Annexure "B" of 1 page referred to in the Form 604 (Notice of Change of interests of Substantial Holder)

Print Name Jane Stewart Capacity Sign Here Date

Head of Legal and Compliance 24/03/2026

Details of present relevant interests

Holder of relevant interest	Registered holder of securities	Nature of relevant interest	Nature of relevant interest	Class and number of securities	Class and number of securities
L1 Capital Pty Ltd	Merrill Lynch (Australia) Nominees Pty Limited	Merrill Lynch (Australia) Nominees Pty Limited	Power to (or to control) exercise vote and/or dispose of the securities as discretionary investment managers or advisers of superannuation funds, pooled superannuation trusts, managed investment schemes and investment management agreements.	18,166,310	FPO
L1 Capital Pty Ltd	Morgan Stanley & Co. International PLC	Morgan Stanley & Co. International PLC	as above	178,893,380	FPO
L1 Capital Pty Ltd	Goldman Sachs International	Goldman Sachs International	as above	18,339,324	FPO
L1 Capital Pty Ltd	JPMorgan Chase Bank, N.A.	JPMorgan Chase Bank, N.A.	as above	19,047,111	FPO