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Form of Proxy

COBRE LIMITED

Notes

No. Proposition For Against Abstain
1

Ratification of prior issue of Tranche 1 Placement Shares – Listing Rule 7.1

2

Ratification of prior issue of Tranche 1 Placement Shares – Listing Rule 7.1A

3

Approval to issue Tranche 2 Placement Shares to unrelated parties

4

Approval of Director participation in Two-Tranche Placement – Mr Martin Holland

5

Approval of Director participation in Two-Tranche Placement – Mr Michael Addison

6

Approval of Director participation in Two-Tranche Placement – Mr Michael McNeilly

7

Approval of Director participation in Two-Tranche Placement – Mr Andrew Sissian

8

Approval to issue Tranche 2 Placement Shares to Strata Investment Holdings Plc (Strata Investment)

9

Approval to issue Lead Manager Options to Canaccord Genuity (Australia) Limited (Lead Manager)

10

Approval of issue of Performance Rights to Mr Martin Holland

11

Approval of issue of Performance Rights to Mr Michael McNeilly

12

Approval of issue of Performance Rights to Mr Andrew Sissian

13

Approval of issue of Performance Rights to Mr Michael Addison

14

Approval to increase number of Equity Securities to be issued under the Plan

15

Approval of Termination Benefits to Mr Martin Holland