SANDFIRE RESOURCES LIMITED — Major Shareholding Notification 2024

Mar 25, 2024

603 Page 1 of 3 15 July 2001

Form 603

Corporations Act 2001

Section 671B

Notice of initial substantial holder

To Company Name/Scheme Sandfire Resources Limited

ACN/ARSN 105 154 185

1. Details of substantial holder (1)

Name Australian Retirement Trust Pty LTD ATF Australian Retirement Trust

ACN/ARSN (if applicable) 010 720 840

The holder became a substantial holder on 22 / 03 / 2024

2. Details of 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 on the date the substantial holder became a substantial holder are as follows:

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Class of securities (4) Number of securities Person's votes (5) Voting power (6)
Fully paid ordinary
22,987,706 22,987,706 5.030%
shares
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3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

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Holder of relevant interest Nature of relevant interest (7) Class and number of securities
Power to exercise voting rights
Australian Retirement Trust
pursuant to position held as Fully paid ordinary
Pty LTD ATF Australian
trustee of a superannuation shares 22,987,706
Retirement Trust
fund.
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4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Class and number of securities
Australian Retirement Trust Pty LTD ATF Australian Retirement Trust	HSBC Custody Nominees (Australia)Limited		Fully paid ordinary shares 22,987,706

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

Holder of relevant interest	Date of acquisition	Consideration (9)	Consideration (9)	Class and number of securities
		Cash	Non-cash
Refer to Annexure A

603 Page 2 of 3 15 July 2001

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

Name and ACN/ARSN (if applicable) Nature of association

7. Addresses

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

. Addresses he addresses of persons named in this form are as follows:	. Addresses he addresses of persons named in this form are as follows:
Name Address
Australian Retirement Trust Pty LTD ATF Australian Retirement Trust 266 George Street, Brisbane City QLD 4000

Signature

ure
print name sign here	Yaozhi Pan Steven Moggian capacity Authorised Signatory
	date 26/03/2024

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 7 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 total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an associate has a relevant interest in.

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

• (7) Include details of:

• (a) any relevant agreement or other circumstances by which the relevant interest was acquired. 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.

• (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) 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

603 Page 3 of 3 15 July 2001

relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

Annexure A

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Consideration Consideration Number of
Holder of Relevant Interest Purchase/Sale Trade Date
(Cash) (Non-Cash) Securities
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 24/11/2023 240,794.42 38,451
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 24/11/2023 32,733.13 5,187
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 28/11/2023 196,748.47 31,362
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 28/11/2023 1,768,196.52 288,921
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 28/11/2023 1,768,196.52 288,921
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 28/11/2023 96,845.46 15,433
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 29/11/2023 34,328.42 5,492
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 30/11/2023 742,195.59 118,529
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 30/11/2023 30,393.01 4,900
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 30/11/2023 84,629.07 13,593
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 1/12/2023 53,106.82 8,378
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 1/12/2023 88,996.85 13,867
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 4/12/2023 178,005.52 28,897
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 4/12/2023 1,871,043.38 303,674
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 8/12/2023 816,012.01 126,907
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 8/12/2023 816,012.01 126,907
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 13/12/2023 1,154.99 178
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 15/12/2023 107,313.96 16,775
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 18/12/2023 116,566.89 17,856
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 19/12/2023 2,501,715.98 371,726
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 19/12/2023 4,753.45 700
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 19/12/2023 113,588.67 16,774
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 20/12/2023 68,573.22 10,175
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 22/12/2023 28,004.08 4,060
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 27/12/2023 4,131.09 600
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 27/12/2023 2,448.58 360
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 27/12/2023 775,011.77 112,157
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 27/12/2023 277,264.98 40,000
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 28/12/2023 14,100.20 2,016
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 28/12/2023 69,585.96 10,000
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 29/12/2023 319,685.04 45,491
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 29/12/2023 6,339.35 916
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 2/01/2024 28,347.44 3,900
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 5/01/2024 149,117.73 20,614
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 8/01/2024 131,420.09 18,085
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 9/01/2024 4,434.14 613
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 10/01/2024 74,905.20 11,061
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 11/01/2024 1,856,151.20 274,352
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 11/01/2024 89,669.99 13,135
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 12/01/2024 49,652.74 7,600
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 12/01/2024 13,112.45 2,000
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 12/01/2024 1,304,456.63 198,279
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 15/01/2024 15,086.33 2,274
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 15/01/2024 1,281,234.06 194,965
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 16/01/2024 2,559,901.27 376,152
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 16/01/2024 108,801.47 16,050
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 18/01/2024 13,368.75 2,000
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 19/01/2024 629,416.60 96,073
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 19/01/2024 1,598.25 240
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 22/01/2024 14,580.49 2,216
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 23/01/2024 7,917.45 1,200
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 24/01/2024 793,619.68 120,952
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 30/01/2024 532,526.98 75,562
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 30/01/2024 809,620.97 116,091
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 1/02/2024 12,078.95 1,725
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 2/02/2024 1,009,578.46 138,268
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 2/02/2024 14,914.65 2,000
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 5/02/2024 19,791.26 2,759
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 6/02/2024 562,001.30 77,181
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 8/02/2024 72,769.23 10,413
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 9/02/2024 264.55 40
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 9/02/2024 815,532.76 113,930
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 9/02/2024 3,956.46 553
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 12/02/2024 522,065.06 72,569
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 12/02/2024 139,477.23 19,304
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 13/02/2024 1,884,060.70 270,310
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 13/02/2024 416,121.69 58,862
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 14/02/2024 12,046.60 1,745
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 22/02/2024 4,415.60 599
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 22/02/2024 9,507.55 1,300
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 23/02/2024 7,309.75 1,000
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 23/02/2024 88,970.30 12,000
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 27/02/2024 209,353.10 28,178
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 28/02/2024 4,344.45 594
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 28/02/2024 359,435.78 47,825
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 29/02/2024 24,311.66 3,249
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 29/02/2024 5,035.55 665
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Annexure A

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Consideration Consideration Number of
Holder of Relevant Interest Purchase/Sale Trade Date
(Cash) (Non-Cash) Securities
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 29/02/2024 372,563.20 49,643
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 1/03/2024 7,523.55 1,000
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 5/03/2024 9,508.35 1,245
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 5/03/2024 46,076.71 6,123
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 5/03/2024 1,562,409.09 205,851
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 6/03/2024 24,011.26 3,147
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 7/03/2024 19,996.64 2,528
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 7/03/2024 442,681.51 55,907
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 7/03/2024 63,315.45 8,000
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 12/03/2024 81,909.59 10,200
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 14/03/2024 1,063,765.52 135,214
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 15/03/2024 19,128.30 2,447
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 15/03/2024 698,237.28 88,889
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 18/03/2024 8,517.32 1,026
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 18/03/2024 24,170.37 2,864
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 19/03/2024 2,620,316.26 312,764
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 19/03/2024 115,874.29 13,811
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 20/03/2024 19,931.80 2,335
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 21/03/2024 9,154.04 1,050
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 22/03/2024 236,338.82 27,180
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 22/03/2024 6,859.89 811
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust SELL 22/03/2024 30,526.30 3,500
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 22/03/2024 2,015,260.54 232,580
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 22/03/2024 291,674.96 34,238
Australian Retirement Trust Pty Ltd ATF Australian Retirement Trust BUY 22/03/2024 894.37 106
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