SUNSTONE METALS LTD — Major Shareholding Notification 2023

Dec 21, 2023

603 page 1/2 15 July 2001

Form 603

Corporations Act 2001

Section 671B

Notice of initial substantial holder

To Company Name/Scheme

SUNSTONE METALS LIMITED

ACN/ARSN

123 184 412

1. Details of substantial holder (1)

Name MASON STEVENS LIMITED ACN/ARSN (if applicable) 141 447 207

The holder became a substantial holder on

19 12/ /2023

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:

Class of securities (4)	Number of securities	Person's votes (5)	Voting power (6)
FULLY PAID ORDINARY	207,291,393	207,291,393	5.94%

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:

llows:	llows:
Holder of relevant interest		Nature of relevant interest (7)		Class and number of securities
REFER ANNEXURE "A"
present registered holders gistered 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
REFER ANNEXURE "B"

4. Details of present registered holders

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

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
REFER ANNEXURE "C"		Cash	Non-cash

603 page 2/2 15 July 2001

6. Associates

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

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Name and ACN/ARSN (if applicable) Nature of association
REFER ANNEXURE "D"
7. Addresses
The addresses of persons named in this form are as follows:
Name Address
REFER ANNEXURE "E"
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Signature

print name CHANTELLE HILL capacity COMPANY SECRETARY sign here date 22 / 12 / 2023

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

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This is Annexure A of 1 page referred to in Form 603 - Notice of initial substantial holder

3. Details of relevant interests

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

Holder of relevant interest	Nature of relevant interest (7)	Class and number of securities
Managed Discretionary Account of Mason Stevens Limited	Purchase	Fully Paid ordinary shares 80,495,752
Mason Stevens Asset Management Pty Limited as Investment Manager*	Purchase	Fully Paid ordinary shares 126,795,641

* At the time of this notice Mason Stevens Asset Management Pty Limited may acquire or dispose of securities as investment manager through the Macquarie investment platform. These securities are held via Bond Street Custodians Limited (the custodian for Macquarie Investment Services Limited).

Signed:

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Name: Chantelle Hill

Capacity : Company Secretary, Mason Stevens Limited

Date : 22 December 2023

Mason Stevens Limited ACN 141 447 207 AFSL 351578 www.masonstevens.com.au

CONFIDENTIAL - MASON STEVENS

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This is Annexure B of 1 page referred to in Form 603 - Notice of initial substantial holder

4. Details of present registered holders

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

are as follows:
Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Class and number of securities
1. Mason Stevens Limited and its associated entities. See “Annexure D”	Citigroup Pty Limited	Holders of managed discretionary accounts of Mason Stevens Limited	Fully paid ordinary shares 80,495,752
1. Mason Stevens Limited and its associated entity Mason Stevens Asset Management Pty Limited*. See “Annexure D”	Bond Street Custodians Limited	Mason Stevens Asset Management Pty Limited	Fully paid ordinary shares 126,795,641

* At the time of this notice Mason Stevens Asset Management Pty Limited may acquire or dispose of securities as investment manager through the Macquarie investment platform. These securities are held via Bond Street Custodians Limited (the custodian for Macquarie Investment Services Limited).

Signed:

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Name: Chantelle Hill

Capacity : Company Secretary, Mason Stevens Limited

Date : 22 December 2023

Mason Stevens Limited ACN 141 447 207 AFSL 351578 www.masonstevens.com.au

CONFIDENTIAL - MASON STEVENS

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This is Annexure C of 1 page referred to in Form 603 - Notice of initial substantial holder

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 (Annexure A) and acquired in the four months prior to the day the substantial holder became a substantial holder is as follows:

Holder of relevant interest	Date of acquisition	Consideration (9)		Class and number of securities
		Cash	Non-cash
1. Mason Stevens Limited and its associated entities. See “Annexure D”	19 December 2023	$300,000		Fully paid ordinary shares 25,000,000
1. Mason Stevens Limited and its associated entity Mason Stevens Asset Management Pty Limited*. See “Annexure D”	19 December 2023	$600,000		Fully paid ordinary shares 50,000,000

* At the time of this notice Mason Stevens Asset Management Pty Limited may acquire or dispose of securities as investment manager through the Macquarie investment platform. These securities are held via Bond Street Custodians Limited (the custodian for Macquarie Investment Services Limited).

Signed:

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Name: Chantelle Hill

Capacity : Company Secretary, Mason Stevens Limited

Date : 23 December 2023

Mason Stevens Limited ACN 141 447 207 AFSL 351578 www.masonstevens.com.au

CONFIDENTIAL - MASON STEVENS

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This is Annexure D of 1 page referred to in Form 603 – Notice of initial substantial holder

6. Associates

The reasons the persons named in paragraph 3 (Annexure A) are associates of the substantial holder are as follows:

are as follows:
Name	ACN	Nature of association to Mason Stevens Limited
Mason Stevens Group Limited	144 907 200	Mason Stevens Group Limited is the ultimate holding company of Mason Stevens Limited, Mason Stevens Asset Management Pty Limited and 2020 DirectInvest Pty Limited
Mason Steven Custodial Services Nominees Pty Ltd	617 496 134	Mason Stevens Custodial Services Nominees Pty Ltd is a subsidiary of Mason Stevens Limited
Mason Stevens Nominees Pty Limited	141 003 134	Mason Stevens Nominees Pty Limited is a subsidiary of Mason Stevens Limited

Signed:

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Name: Chantelle Hill

Capacity: Company Secretary, Mason Stevens Limited

Date: 22 December 2023

Mason Stevens Limited ACN 141 447 207 AFSL 351578 www.masonstevens.com.au

CONFIDENTIAL - MASON STEVENS

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This is Annexure E of 1 page referred to in Form 603 - Notice of initial substantial holder

7. Addresses

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

Name	Address
Mason Stevens Limited	Level 19, 420 George Street, Sydney NSW 2000
Mason Stevens Group Limited	Level 19, 420 George Street, Sydney NSW 2000
2020 DirectInvest Pty Limited	Level 19, 420 George Street, Sydney NSW 2000
Mason Stevens Asset Management Pty Limited	Level 19, 420 George Street, Sydney NSW 2000
Mason Stevens Nominees Pty Limited	Level 19, 420 George Street, Sydney NSW 2000
MS Custodial Services Nominees Pty Limited	Level 19, 420 George Street, Sydney NSW 2000
Citigroup Pty Limited	Level 23, 2 Park Street, Sydney NSW 2000
Bond Street Custodians Limited	Level 6, 48-50 Martin Place, Sydney NSW 2000

Signed:

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Name: Chantelle Hill

Capacity : Company Secretary, Mason Stevens Limited

Date : 22 December 2023

Mason Stevens Limited ACN 141 447 207 AFSL 351578 www.masonstevens.com.au

CONFIDENTIAL - MASON STEVENS