Scheme becomes Effective

• Spartan Resources' scheme of arrangement with Ramelius Resources approved by the Supreme Court
• Spartan shares to be suspended from trading on ASX after close of trading on 22 July 2025
• Eligible Spartan shareholders to receive $0.25 cash and 0.6957 new Ramelius shares per Spartan share

Spartan Resources Limited (Spartan) has announced that it has lodged an office copy of the orders made by the Supreme Court of Western Australia approving the scheme of arrangement (Scheme) with Ramelius Resources Limited (Ramelius). The Scheme is now legally effective, and Spartan shares are expected to be suspended from trading on the ASX from close of trading on Tuesday, 22 July 2025. Eligible Spartan shareholders recorded in the Spartan share register as at 5.00pm AWST on Thursday, 24 July 2025 (Scheme Record Date) will be entitled to receive $0.25 cash and 0.6957 new Ramelius shares per Spartan share held at the Scheme Record Date (Scheme Consideration) in accordance with the terms of the Scheme. Unmarketable parcel shareholders who have not provided an opt-in notice and ineligible foreign shareholders will not receive new Ramelius shares as part of the Scheme Consideration, and instead will be paid the net proceeds of sale of the new Ramelius shares to which they would have been entitled. The Scheme is expected to be implemented, and the Scheme Consideration provided to eligible Spartan shareholders, on Thursday, 31 July 2025.