TERRACOM LIMITED — Major Shareholding Notification 2021

Jul 27, 2021

Form 605 Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme

TerraCom Limited ( TER )

ACN/ARSN ACN 143 533 537

1. Details of substantial holder (1)

Noble Resources International Pte. Ltd. ( Noble ) on its own behalf and on behalf of each of the Name companies listed in Annexure A ( Noble Group Companies ) ACN/ARSN (if applicable) N/A

ACN/ARSN (if applicable)

The holder ceased to be a substantial holder on The previous notice was given to the company on The previous notice was dated	27 July2021
	2 July2021
	2 July2021

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

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Class (6) and
Person whose Consideration
Date of Nature of number of
change relevant interest change (4) given in relation securities affected
changed to change (5) affected
Noble has ceased to have a
relevant interest and voting
power under section 608(1)
64,316,368 fully
of the Corporations Act 2001
27 July 2021 Noble $7,717,964.16 paid ordinary 64,316,368
(Cth) (the Act) as a result of shares
the disposal of 64,316,368
fully paid ordinary shares by
way of an on-market sale.
The Noble Group Companies
are associates of Noble
pursuant to section 12(2)(a)
27 July 2021 Noble Group Companies of the Act and have a relevant interest in all the N/A N/A N/A
shares referred to above by
virtue of section 608(3) of the
Act.
The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial holder in
Name and ACN/ARSN (if applicable) Nature of association
N/A N/A
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3. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

4. Addresses

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

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Name Address
Noble c/o
Noble Group Companies c/o
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Signature

print name Jeremy John East sign here

Capacity: Director

Date 28 July 2021

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 4 of the form.

• (2) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.

• (3) See the definition of "associate" in section 9 of the Corporations Act 2001.

• (4) Include details of:

• (a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. 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.

• (5) Details of the consideration must include any and all benefits, moneys 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.

• (6) The voting shares of a company constitute one class unless divided into separate classes.

• (7) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

ANNEXURE A to Form 605

This is annexure "A" of referred to in form 605 - Notice of ceasing to be a substantial holder, signed by me and dated 28 July 2021

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Signed: __________

Name: Jeremy John East Position: Director

Date: 28 July 2021 Noble Group Companies (other than Noble) Noble Resources International Pte. Ltd. Noble Group Holdings Limited Noble Intermediate Hold Co Limited Noble Trading Hold Co Limited Noble Trading Co Limited Noble Resources Limited