Passing of Written Shareholder Resolutions

THIS ANNOUNCEMENT IS IMPORTANT AND REQUIRES THE IMMEDIATE ATTENTION OF SHAREHOLDERS. IF SHAREHOLDERS ARE IN ANY DOUBT AS TO THE ACTION THEY SHOULD TAKE, THEY SHOULD SEEK THEIR OWN INDEPENDENT PROFESSIONAL ADVISORS IMMEDIATELY.

28 February 2025

ACG METALS LIMITED

("ACG" or the "Company")

Passing of Written Shareholder Resolutions

On 27 February 2025, the Company announced the circulation of a notice of written resolutions to the Shareholders ("Notice of Written Resolutions") to consider the resolutions set out in the Notice of Written Resolutions being proposed as written resolutions (the "Written Resolutions").

The Company today announces that the Written Resolutions have been passed on 28 February 2025.

Following the passing of the Written Resolutions, the Company has satisfied the Tender Condition in paragraph 2.2(c) of the terms and conditions in Part III of the Share Tender Offer circular. The Share Tender Offer is anticipated to close today at 5.00 p.m., to the extent it is not extended at the election of the Company.

A conformed copy of the Written Resolutions has been submitted to the National Storage Mechanism and a copy of the Written Resolutions will also be published to the Company's website at https://acgmetals.com/, in accordance with regulation 8.26 of the Memorandum and Articles of Association.

- ENDS -

For further information please contact:

Palatine

Communications Advisor

Conal Walsh / James Gilheany/ Kelsey Traynor/ Richard Seed

[email protected]

About the Company

ACG is a company with a vision to consolidate the critical metals industry, starting with the copper sector. Through a series of roll-up acquisitions, ACG intends to become a premier supplier of copper and other critical metals to the western OEM supply chain, with best-in-class ESG and carbon footprint characteristics.

In September 2024, ACG successfully completed the acquisition of the Gediktepe Mine, an operating open pit mine in Türkiye currently producing 34 koz of gold and 361 koz of silver. Gediktepe is expected to transition to primary copper and zinc production from 2026 and will target annual steady-state copper equivalent production of 20-25 kt.

ACG's team has extensive M&A experience built through decades spent at blue-chip multinationals in the sector. The team brings a significant network as well as a commitment to ESG principles and strong corporate governance.

For more information about ACG, please visit: https://acgmetals.com/