ST BARBARA LIMITED — Share Issue/Capital Change 2021

Aug 2, 2021

Announcement Summary

Entity name

ST BARBARA LIMITED

Announcement Type

New announcement

Date of this announcement

Tuesday August 03, 2021

The +securities to be quoted are:

Other

Total number of +securities to be quoted

ASX +securitycode	Security description	Number of +securities tobe quoted	Issue date
SBM	ORDINARY FULLY PAID	100,000	03/08/2021

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

3/8/2021

Part 2 - Type of Issue

2.1 The +securities to be quoted are:

Other

2.2 The +securities to be quoted are:

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

2.3c Have these +securities been offered under a +disclosure document or +PDS? No

2.3d Please provide any further information needed to understand the circumstances in which you are applying to have these +securities quoted on ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

Issue of 100,000 fully paid ordinary shares as one-off on-boarding payment to Mr Jetson, MD & CEO, eighteen months from his commencement date, in accordance with his employment contract as disclosed in ASX announcement dated 6 December 2019.

2.4 Any on-sale of the +securities to be quoted within 12 months of their date of issue will comply with the secondary sale provisions in sections 707(3) and 1012C(6) of the Corporations Act by virtue of:

Not applicable - the entity has arrangements in place with the holder that ensure the securities cannot be on-sold within 12 months in a manner that would breach section 707(3) or 1012C(6)

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

ASX +security code and description SBM : ORDINARY FULLY PAID

Issue date

3/8/2021

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 100,000

Are the +securities being issued for a cash consideration? No

Please describe the consideration being provided for the +securities

One-off on-boarding payment to Mr Jetson, MD & CEO, eighteen months from his commencement date, pursuant to his employment contract disclosed in ASX announcement dated 6 December 2019

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

1.760000

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

$1.76 per (5 day VWAP to 31 July 2021)

The purpose(s) for which the entity is issuing the securities

Other

Please provide additional details

Issue of 100,000 fully paid ordinary shares as one-off on-boarding payment to Mr Jetson, MD & CEO, eighteen months from his commencement date, in accordance with his employment contract as disclosed in ASX announcement dated 6 December 2019

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	708,123,789

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 3,443,154

Application for quotation of +securities 5 / 6

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?

100,000 shares
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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