Kairos Minerals : 10/03/2022 – Becoming a substantial holder

Form 603

Corporations Act 2001

Section 671B

Notice of initial substantial holder

ToCompany	Kairos Minerals Limited
Name/Scheme
ACN/ARSN	006 189 331
1. Details of substantial holder (1)
Name	The Requisitioning Shareholders as detailed in Annexure A
ACN/ARSN (if applicable)
The holder became a substantial holder on	4 / 3	/ 2022

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	Person's votes (5)	Voting power (6)
Ordinary Shares	100,063,456	100,063,456	5.1%

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
	Relevant interest under section 608(1)
Requisitioning Shareholders	of the Corporations Act as holders of	See Annexure A
	the shares

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	Registered holder of	Person entitled to be	Class and number
interest	securities	registered as holder (8)	of securities
Requisitioning Shareholders	Requisitioning Shareholders	Requisitioning Shareholders	See Annexure A

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)		Class and number of
			securities
		Cash	Non-
			cash
Requisitioning Shareholders	See Annexure B	See Annexure B		See Annexure B

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
Requisitioning Shareholders	Association pursuant to sections 12(2)(b) or (c ) of the Corporations Act
	by reason of notices issued under sections 203D and249D of the
	Corporations Act requiring the Company to hold a general meeting to
	consider resolutions to remove, as directors of the Company, Mr Terry
	Topping and Mr Bruno Seneque, and to elect Mr Philip Coulson and Mr
	Zane Lewis as directors of the Company (See Annexure C).

7. Addresses

The addresses of persons named in this form are as follows:

Name	Address
Requisitioning Shareholders	See Annexure A

Signature

print name Philip Coulson

sign here

capacity - in his own right for and on behalf of the Requisitioning Shareholders

date09/03/2022

Annexure A

Annexure B

ANNEXURE C