• Notice of General Meeting scheduled for 6 November 2025 distributed to shareholders
• Independent Expert's Report assesses proposed OPA terms as fair and reasonable
• OPA subject to shareholder approval and other conditions precedent

Lunnon Metals Limited (ASX: LM8) has provided an update on the progress of the Ore Purchase Agreement (OPA) executed between the Company and St Ives Gold Mining Co. Pty Ltd (SIGMC), a wholly owned subsidiary of Gold Fields Ltd, and the Company's major shareholder. As SIGMC is a party to which ASX Listing Rule 10.1 applies, the OPA is subject to shareholder approval at a General Meeting scheduled for 6 November 2025. The independent expert's report (IER) has assessed the proposed terms of the OPA and deemed them to be fair and reasonable to shareholders, in the absence of an alternative offer. This satisfies a key condition precedent for the OPA. The Company has advised that all persons entitled to vote at the General Meeting may do so either in person or by proxy, with the proxy form required to be received by 10.00am (WST) on Tuesday 4 November 2025. The Company is pushing ahead aggressively with other preparations, including tendering the open pit mining contract and working on updates to the geological model to allow final open pit optimisation, design and scheduling to be completed.