SANDFIRE RESOURCES LIMITED — Capital/Financing Update 2022

Nov 17, 2022

Market Announcement

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18 November 2022

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Sandfire Resources Limited (ASX: SFR) – Trading Halt

Description

The securities of Sandfire Resources Limited (‘SFR’) will be placed in trading halt at the request of SFR, pending it releasing an announcement regarding the outcome of the institutional component of the accelerated entitlement offer. Unless ASX decides otherwise, the securities will remain in trading halt until the commencement of normal trading on Monday, 21 November 2022.

Damian Dinelli

Adviser, Listings Compliance (Perth)

Market Announcement 1/1 ASX Customer Service Centre 131 279 | asx.com.au

18 November 2022 ASX Limited

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18 November 2022

Mr Damian Dinelli Adviser, Listings Compliance (Perth) ASX Compliance Pty Ltd Level 40, Central Park 152-158 St Georges Terrace Perth WA 6000

By email: damian.dinelli@asx.com.au & tradinghaltsperth@asx.com.au

Dear Damian

Sandfire Resources Limited – request for trading halt pursuant to Listing Rule 17.1

Pursuant to ASX Listing Rule 17.1, Sandfire Resources Limited (ASX: SFR) ( Company ) requests an immediate halt in trading of its securities in relation to a proposed capital raising.

For the purposes of ASX Listing Rule 17.1, the Company provides the following information:

1. the trading halt is requested pending the release of an announcement by the Company regarding the outcome of the institutional component of a proposed capital raising;

2. the Company requests that the trading halt remain in place until the earlier of an announcement by the Company about the results of the institutional component of the capital raising and the commencement of normal trading on 21 November 2022; and

3. the Company is not aware of any reason why the trading halt should not be granted nor any other information necessary to inform the market about the trading halt.

This announcement is authorised for release by the Company’s Board of Directors.

Please contact me if you require any further information.

Yours sincerely

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Matthew Fitzgerald Chief Financial Officer and Company Secretary

Sandfire Resources Ltd Level 2, 10 Kings Park Road West Perth WA 6005 Australia ABN 55 105 154 185

PO Box 1495 West Perth WA 6872 www.sandfire.com.au

T +61 8 6430 3800 F +61 8 6430 3849 E admin@sandfire.com.au