ST BARBARA LIMITED — Share Issue/Capital Change 2021

Sep 22, 2021

Announcement Summary

Entity name

ST BARBARA LIMITED

Announcement Type

New announcement

Date of this announcement

Thursday September 23, 2021

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 +securitycode	Security description	Number of +securities tobe quoted	Issue date
New code to beconfirmed	ORDINARY FULLY PAID - NEW	102,388	23/09/2021

Refer to next page for full details of the announcement

Part 1 - Entity and announcement details

1.1 Name of entity

ST BARBARA 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 ACN

Registration number 009165066

1.3 ASX issuer code SBM

1.4 The announcement is

New announcement

1.5 Date of this announcement

23/9/2021

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:

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

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

Shares issued pursuant to St Barbara Limited Tax Exempt Share Plan

TO (Existing Class) ASX +security code and description SBM : 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

102,388

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

Shares issued pursuant to St Barbara Limited Tax Exempt Share Plan

Are any of these +securities being issued to +key management personnel (KMP) or an +associate No

Issue date

23/9/2021

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

No

If some of the issued +securities do not rank equally:

Is the actual date from which the +securities will rank	Provide the actual non-ranking end date
equally (non-ranking end date) known?
Yes	22/9/2024

Please state the extent to which the +securities do not rank equally:

In relation to the next dividend, distribution or interest payment; or

• Application for quotation of +securities
• In relation to the next dividend, distribution or interest payment; or
• For any other reason

Restriction on trading until 22 September 2024 (inclusive) or when participant ceases to be employed

Issue details

Number of +securities to be quoted

102,388

Are the +securities being issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

Shares issued for nil consideration pursuant to St Barbara Limited Tax Exempt Share Plan

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

1.395100

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

$1.3951 (5 day VWAP to 22 September 2021)

Part 4 - Issued capital following quotation

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)

ASX +security code and description	Total number of+securities on issue
SBM : ORDINARY FULLY PAID	708,393,293

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

ASX +security code and description

SBMAK : PERFORMANCE RIGHTS 2,847,205

Total number of +securities on issue

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? No

5.2 Has the entity obtained, or is it obtaining, +security holder approval for the issue under listing rule 7.1? No

5.2b Are any of the +securities being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1? Yes

5.2b.1 How many +securities are being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1?

102388 SBM ordinary shares

5.2c Are any of the +securities being issued without +security holder approval using the entity's additional 10% placement capacity under listing rule 7.1A (if applicable)? No