Form of Proxy

THAT, FOR THE PURPOSES OF SECTION 250R(2) OF THE CORPORATIONS ACT AND FOR ALL OTHER PURPOSES, APPROVAL IS GIVEN FOR THE ADOPTION OF THE REMUNERATION REPORT IN THE ANNUAL REPORT OF THE COMPANY FOR THE FINANCIAL YEAR ENDED 30 JUNE 2025

THAT ASHOK PAREKH, WHO RETIRES BY ROTATION IN ACCORDANCE WITH RULE 7.3 OF THE CONSTITUTION OF THE COMPANY, AND BEING ELIGIBLE, OFFERS HIMSELF FOR RE-ELECTION, IS HEREBY RE-ELECTED AS A DIRECTOR OF THE COMPANY

THAT ROBERT WAUGH, BEING A DIRECTOR OF THE COMPANY APPOINTED BY THE DIRECTORS AS AN ADDITIONAL DIRECTOR AND HOLDING OFFICE UNTIL THIS MEETING AND IN ACCORDANCE WITH RULE 7.3(F) OF THE CONSTITUTION OF THE COMPANY AND LISTING RULE 14.4, AND BEING ELIGIBLE, OFFERS HIMSELF FOR RE-ELECTION, IS HEREBY RE-ELECTED AS A DIRECTOR OF THE COMPANY

THAT THE ISSUE OF 37,573,385 SHARES TO YANDAL RESOURCES LIMITED UNDER LISTING RULE 7.1 IS APPROVED AND RATIFIED UNDER AND FOR THE PURPOSES OF LISTING RULE 7.4 AND FOR ALL OTHER PURPOSES, ON THE TERMS SET OUT IN THE EXPLANATORY STATEMENT

THAT, THE COMPANY HAVE THE ADDITIONAL CAPACITY TO ISSUE EQUITY SECURITIES PROVIDED FOR IN LISTING RULE 7.1A

THAT THE ISSUE OF UP TO 150,000,000 EQUITY SECURITIES ON A PRE-CONSOLIDATION BASIS (EQUATING TO 10,000,000 EQUITY SECURITIES ON A POST-CONSOLIDATION BASIS) UNDER THE EMPLOYEE INCENTIVE PLAN FOR A PERIOD OF 3 YEARS FROM THE MEETING IS APPROVED UNDER AND FOR THE PURPOSES OF LISTING RULE 7.2 EXCEPTION 13(B) AND FOR ALL OTHER PURPOSES, ON THE TERMS SET OUT IN THE EXPLANATORY STATEMENT

THAT FOR THE PURPOSES OF LISTING RULE 10.17 AND RULE 7.5 OF THE COMPANYS CONSTITUTION, THE MAXIMUM AGGREGATE AMOUNT OF DIRECTORS FEES THAT MAY BE PAID TO THE COMPANYS NON-EXECUTIVE DIRECTORS PER ANNUM IS INCREASED BY $225,000, FROM $250,000 PER ANNUM TO $475,000 PER ANNUM

THAT, FOR THE PURPOSE OF SECTION 648G OF THE CORPORATIONS ACT AND FOR ALL OTHER PURPOSES, SHAREHOLDERS RENEW THE PROPORTIONAL TAKEOVER APPROVAL PROVISION OF THE CONSTITUTION AS SET OUT IN ANNEXURE 2 OF THIS NOTICE FOR A PERIOD OF 3 YEARS FROM THE DATE OF THIS MEETING

THAT, SUBJECT TO THE PASSING OF RESOLUTION 2, THE ISSUE UP TO 2,000,000 OPTIONS ON A PRE-CONSOLIDATION BASIS (EQUATING TO 133,334 OPTIONS ON A POST-CONSOLIDATION BASIS) TO ASHOK PAREKH OR HIS NOMINEES IS APPROVED UNDER AND FOR THE PURPOSES OF CHAPTER 2E OF THE CORPORATIONS ACT AND LISTING RULE 10.14 AND FOR ALL OTHER PURPOSES, ON THE TERMS SET OUT IN THE EXPLANATORY STATEMENT

THAT THE ISSUE UP TO 2,000,000 OPTIONS ON A PRE-CONSOLIDATION BASIS (EQUATING TO 133,334 OPTIONS ON A POST-CONSOLIDATION BASIS) TO WARREN HALLAM OR HIS NOMINEES IS APPROVED UNDER AND FOR THE PURPOSES OF CHAPTER 2E OF THE CORPORATIONS ACT AND LISTING RULE 10.14 AND FOR ALL OTHER PURPOSES, ON THE TERMS SET OUT IN THE EXPLANATORY STATEMENT

THAT, SUBJECT TO THE PASSING OF RESOLUTION 3, THE ISSUE UP TO 2,000,000 OPTIONS ON A PRE-CONSOLIDATION BASIS (EQUATING TO 133,334 OPTIONS ON A POST-CONSOLIDATION BASIS) TO ROBERT WAUGH OR HIS NOMINEES IS APPROVED UNDER AND FOR THE PURPOSES OF CHAPTER 2E OF THE CORPORATIONS ACT AND LISTING RULE 10.14 AND FOR ALL OTHER PURPOSES, ON THE TERMS SET OUT IN THE EXPLANATORY STATEMENT

THAT, THE ISSUE UP TO 2,500,000 PERFORMANCE RIGHTS ON A PRE-CONSOLIDATION BASIS (EQUATING TO 166,667 PERFORMANCE RIGHTS ON A POST-CONSOLIDATION BASIS) TO GRANT HAYWOOD OR HIS NOMINEES IS APPROVED UNDER AND FOR THE PURPOSES OF CHAPTER 2E OF THE CORPORATIONS ACT AND LISTING RULE 10.14 AND FOR ALL OTHER PURPOSES, ON THE TERMS SET OUT IN THE EXPLANATORY STATEMENT

THAT, FOR THE PURPOSES OF SECTION 254H OF THE CORPORATIONS ACT, THE LISTING RULES AND FOR ALL OTHER PURPOSES, APPROVAL IS GIVEN FOR THE COMPANY TO CONSOLIDATE ITS ISSUED CAPITAL ON A 15 FOR 1 BASIS SO THAT EVERY: (A) 15 SHARES ARE CONSOLIDATED INTO 1 SHARE; (B) 15 OPTIONS ARE CONSOLIDATED INTO 1 OPTION; (C) 15 PERFORMANCE RIGHTS ARE CONSOLIDATED INTO 1 PERFORMANCE RIGHT; AND (D) THE CONVERTIBLE EQUITY SECURITY IS CONSOLIDATED ON ANALOGOUS TERMS, WITH AN EFFECTIVE DATE OF 5 DECEMBER 2025 AND ANY FRACTIONAL ENTITLEMENT TO A SHARE TO BE ROUNDED UP TO THE NEAREST WHOLE SHARE, AND OTHERWISE THE CONSOLIDATION BE EFFECTED ON THE TERMS SET OUT IN THE EXPLANATORY STATEMENT

THAT, SUBJECT TO ASIC CONSENT BEING RECEIVED BY THE COMPANY FOR PKF PERTH TO RESIGN AS AUDITOR OF THE COMPANY, FOR THE PURPOSES OF SECTION 327B(1) OF THE CORPORATIONS ACT AND ALL OTHER PURPOSES, KPMG HAVING BEEN NOMINATED BY A SHAREHOLDER AND HAVING CONSENTED IN WRITING TO ACT AS AUDITOR, BE APPOINTED AS AUDITOR OF THE COMPANY WITH EFFECT FROM THE CLOSE OF THE MEETING