Announcement PDF Resource Capital Funds Management Pty Ltd Level 1, 24 Kings Park Road West Perth WA 6005 Australia Telephone: +61 8 9476 1900 Facsimile: +61 8 9485 2779 e-mail: rcf@rcflp.com www.resourcecapitalfunds.com To : Company Announcements From : Brett Beatty Email : maogroup@asx.com.au Pages : 4 Company : ASX announcements Date : September 4, 2025 Subject : Form 603 Notice of Initial Substantial holder KGL Resources Limited Copy : Kylie Anderson Company Secretary Dear Sir / Madam FORM 603 – NOTICE OF INITIAL SUBSTANIAL HOLDER On behalf of Resource Capital Fund VIII L.P. on behalf of RCF VIII AIV-A Pty Ltd atf Resource Capital Fund VIII AIV-A we hereby lodge the enclosed Form 603 in relation to KGL Resources Limited. Yours faithfully Brett Beatty Director Resource Capital Funds Management Pty Ltd 603 Page 1 of 3 15 July 2001 Form 603 Corporations Act 2001 Section 671B Notice of initial substantial holder To Company Name/Scheme KGL Resources Limited ACN/ARSN 082 658 080 1. Details of substantial holder (1) Name ACN/ARSN (if applicable) Resource Capital Fund VIII L.P. on behalf of RCF VIII AIV-A Pty Ltd atf Resource Capital Fund VIII AIV-A 682 321 160 The holder became a substantial holder on 04/09/2025 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 Fully Paid Ordinary Shares (ORD) Person's votes (5) 57,606,313 Voting power (6) 57,606,313 8.32% 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: Holder of relevant interest Nature of relevant interest (7) Class and number of securities Resource Capital Fund VIII L.P. on behalf of RCF VIII AIV-A Pty Ltd atf Resource Capital Fund VIII AIV-A Registered Holder of Fully Paid Ordinary Shares 57,606,313 4. Details of present registered holders The persons registered as holders of the securities referred to in paragraph 3 above are as follows: Holder of relevant interest Resource Capital Fund VIII L.P. on behalf of RCF VIII AIV-A Pty Ltd atf Resource Capital Fund VIII AIV-A Registered holder of securities Citicorp Nominees Pty Ltd as Australian subcustodian of RBC Investor Services Trust Person entitled to be registered as holder (8) RCF VIII AIV-A Pty Ltd atf Resource Capital Fund VIII AIV-A Class and number of securities 57,606,313 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) Cash Class and number of securities Non-cash 603 Resource Capital Fund VIII L.P.on behalf of RCF VIII AIV-A Pty Ltd atf Resource Capital Fund VIII AIV-A Resource Capital Fund VIII L.P.on behalf of RCF VIII AIV-A Pty Ltd atf Resource Capital Fund VIII AIV-A $0.100 per share under an on market share purchase $0.1300 per share under an on market share purchase 01/09/2025 04/09/2025 Page 2 of 3 15 July 2001 24,121 57,582,192 6. Associates The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows: Name and ACN/ARSN (if applicable) Nature of association 7. Addresses The addresses of persons named in this form are as follows: Name Address Resource Capital Fund VIII L.P. and RCF VIII AIV-A Pty Ltd and Resource Capital Fund VIII AIV-A Citicorp Nominees Pty Ltd as Australian subcustodian of RBC Investor Services Trust 1400 Wewatta Street, Suite 850, Denver CO 80202 USA and Level 1, 24 Kings Park Road, West Perth WA 6005 GPO Box 764G Melbourne VIC 3001 Signature print name capacity Brett Beatty sign here Director date 04 / 09 / 2025 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: 603 Page 3 of 3 15 July 2001 (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.