SANDFIRE RESOURCES LIMITED — Share Issue/Capital Change 2022

Sep 4, 2022

Application for quotation of +securities

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Announcement Summary

Entity name

SANDFIRE RESOURCES LIMITED

Announcement Type

New announcement

Date of this announcement

Monday September 05, 2022

The +securities to be quoted are:

+Securities issued under an +employee incentive scheme that are not subject to a restriction on transfer or that are to be quoted notwithstanding there is a restriction on transfer

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
SFR	ORDINARY FULLY PAID	199,715	05/09/2022

Refer to next page for full details of the announcement

Application for quotation of +securities

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Application for quotation of +securities

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Part 1 - Entity and announcement details

1.1 Name of entity

SANDFIRE RESOURCES LIMITED

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

1.2 Registered number type

ABN

Registration number 55105154185

1.3 ASX issuer code

SFR

1.4 The announcement is

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New announcement

1.5 Date of this announcement

5/9/2022

Application for quotation of +securities

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Application for quotation of +securities

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Part 2 - Type of Issue

2.1 The +securities to be quoted are:

+Securities issued under an +employee incentive scheme that are not subject to a restriction on transfer or that are to be quoted notwithstanding there is a restriction on transfer

2.2 The +securities to be quoted are:

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Additional +securities in a class that is already quoted on ASX ("existing class")

Application for quotation of +securities

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Application for quotation of +securities

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Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an Appendix 3B

Additional +securities to be quoted in an existing class issued under an +employee incentive scheme FROM (Existing Class) ASX +security code and description No security currently exists FROM (Existing Class) +Security description Rights granted to employees under ESOP relating to SFR's short-term incentive plan (STIP). TO (Existing Class) ASX +security code and description SFR : ORDINARY FULLY PAID Please state the number of +securities issued under the +employee incentive scheme that are not subject to a restriction on transfer or that are to be quoted notwithstanding there is a restriction on transfer 199,715 Please provide details of a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms https://sfr.live.irmau.com/site/pdf/7dc6bc56-38fc-488f-bbd9-f05bdcb00059/Notice-of-Meeting.pdf Are any of these +securities being issued to +key management personnel (KMP) or an +associate Yes Provide details of the KMP or +associates being issued +securities Name of KMP Name of registered holder Number of +securities Jason Grace Jason Grace 53,242 (Chief Operating Officer) Mathew Fitzgerald Millstream Management Pty Ltd 51,720 (Chief Financial Officer and Company Secretary)

Issue date

5/9/2022

Application for quotation of +securities

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Application for quotation of +securities

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Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class? Yes

Issue details

Number of +securities to be quoted

199,715

Are the +securities being issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

Shares issued to SFR employees on satisfaction of vesting conditions related to the Company's short-term incentive plans (STIP).

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted

5.450000

Any other information the entity wishes to provide about the +securities to be quoted

The prescribed value represents the weighted average of the 5-day VWAPs up to and including each date of grant of the underlying rights, being the weighted average of the 5-day VWAP to 30 June 2021 and the 5-day VWAP to 30 June 2022.

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Application for quotation of +securities

Part 4 - Issued capital following quotation

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Following the quotation of the +securities the subject of this application, the issued capital of the entity will comprise:

(A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.)

4.1 Quoted +securities (total number of each +class of +securities quoted on ASX following the +quotation of the +securities subject of this application)

Total number of ASX +security code and description +securities on issue SFR : ORDINARY FULLY PAID 410,181,608

4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX)

Total number of ASX +security code and description +securities on issue SFRAX : OPTION EXPIRING 17-JUL-2026 3,459,678

Application for quotation of +securities

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Application for quotation of +securities

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Part 5 - Other Listing Rule requirements

5.1 Are the +securities being issued under an exception in Listing Rule 7.2 and therefore the issue does not need any security holder approval under Listing Rule 7.1? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

13

Application for quotation of +securities

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