Who can participate in MyShare? All full-time and part-time employees of any MRL Group Company as at 1 February 2022, including employees on fixed term contracts, are eligible to participate in MyShare FY22, provided they do not participate in any other MRL share plan. To join MyShare for the first time in FY23, you need to be an employee (on a permanent or fixed term contract), of any MRL Group Company as at 1 June 2022. Is there a minimum length of service required to participate in MyShare? No, but you need to be an employee as at 1 February 2022 to be eligible to enrol for MyShare FY22 and still employed in March when payroll deductions start. For MyShare FY23, you need to be an employee as at 1 June 2022 to be eligible to enrol and still employed in July when payroll deductions start. What if I join the Group after 1 February 2022? You’ll not be eligible to enrol for MyShare FY22 and you’ll need to wait for the next enrolment period. The next enrolment period will be May 2022 for MyShare FY23. Check out the calendar for enrolment period dates. I am on a fixed-term contract. Can I participate in MyShare? Yes, you can participate in MyShare if you are on a fixed-term employment contract and employed directly with MRL, subject to eligibility dates mentioned above. If you leave MRL due to the natural expiration of your contract on or before the end of a Holding Period (01 July 2023, 01 July 2024 etc), any rights to Matched Shares will be forfeited, however, you’ll not lose your Acquired Shares. The same treatment applies to permanent employees who resign (described further in the Leaving section of this FAQ), as only participants who remain employed with MRL at the end of the Holding Period will be entitled to receive Matched Shares. Can members of my family take part in, or contribute to, MyShare? Family members who are not MRL employees will not be able to participate.

How do I join? Eligible employees can enrol in the plan via the MyShare website during enrolment periods. Check out the calendar for enrolment period dates. How many opportunities per year are there to join? For MyShare FY22, there is one enrolment period which is in January – February 2022. For MyShare FY23, there are two annual enrolment periods which will be in the months of May and November. Check out the calendar for enrolment period dates. When does MyShare FY22 commence? MyShare FY22 commences on 1 March 2022, with deductions of contributions commencing in the first pay period in March 2022. When does MyShare FY23 commence? MyShareFY23 commences on 1 July 2022, with deductions of contributions commencing in the first pay period in July 2022. Do I have to join the plan each year? Once you have enrolled in MyShare, you’ll be automatically re-enrolled in the following year’s plan at the same contribution rate unless you advise otherwise. You can cease your participation in the Plan, including making contributions, at any time. If you wish to be enrolled at the maximum contribution amount each year you’ll need to choose this option when you enrol or amend your enrolment. Can I leave the plan during the plan year? Yes, you can leave the plan and cease your contributions to MyShare at any time by completing a Cease Contributions form. Please refer to the Ceasing Contributions section of this FAQ Q&A for further information. Your Acquired Shares will, however, continue to be held in the plan and you’ll receive your Matched Shares at the end of the Holding Period. If you stop making contributions to the plan at any time during the financial year you cannot join the plan again until the next enrolment period (generally May and November). For example, if you cease contributions from MyShare in August 2022 you’ll not be able to re-join MyShare again until November 2022.

Do I have to make contributions through my pay? Yes, all contributions will be deducted from your salary by payroll. This is the only way to participate in MyShare. Is there a Minimum and Maximum annual limit on the amount I can contribute each year? Yes, MRL will set a limit for both minimum and maximum amounts each year. The minimum annual contribution amount is $1,000 and the maximum amount is $5,000. Please refer below for further information on amounts that can be contributed per pay period. How do I know the Minimum and Maximum amounts that I can contribute per pay period? When enrolling, you’ll nominate the contribution amount to be deducted from each pay run in accordance with your pay frequency (weekly or fortnightly). The maximum and minimum amounts are as follows: https://static.wixstatic.com/media/undefined Participants in MyShare FY22 will not be able to contribute the annual maximum value ($5,000) as the plan runs for only four months in the 2022 Financial Year. However, participants in MyShare FY23 will be able to contribute up to the annual maximum amount ($5,000) if they choose to do so. Can I change my contributions during a plan year? You can only change your contributions during an enrolment period during a plan year, either in May or November. However, you can cease your contributions to MyShare at any time. Please refer to the Ceasing Contributions FAQ for further information. What does Payroll do with my contributions? Payroll will pay your contributions to the Plan Administrator after the end of each quarter. The Plan Administrator will then use these funds to purchase Acquired Shares on your behalf. These Acquired Shares will be visible through the Plan Administrator’s portal - EquatePlus. Participants have no entitlement to any interest or benefit earned on the contributions (if any) while held by the Plan Administrator. I work part time. How are my contributions calculated when I participate in the plan? Your contribution will be calculated on the same basis as if you work full-time. However, this also means your contribution amount will not be reduced should you reduce your working hours. If you are planning to reduce your working hours during a plan year, you’ll need to take this into consideration when deciding on your annual contribution limit. Remember that you can cease your contributions to MyShare at any time. Please refer to the Ceasing Contributions section of this FAQ for further information. Can I make contributions whilst on temporary leave (e.g., paid parental leave, sick leave, long service leave)? You can continue to participate if you are on paid leave (e.g., parental, sick or long service leave). You’ll not be able to participate while on any unpaid leave. Please refer to the Temporary leave FAQ for further information. Can I make contributions whilst on unpaid leave (e.g. sabbatical)? You must receive a salary to make contributions to MyShare. Your participation in MyShare will be suspended for any periods when you do not receive a salary so you’ll not be able to participate while on any form of unpaid leave. Please refer to the Temporary leave section of this for further information. If you complete a Cease Contributions Form at any stage in the Plan Year you’ll not be able to contribute again until the next enrolment period. Can I make backdated contributions when I return to work? No. I believe there is an error with my contributions, is MRL obligated to fix this? MRL will look at issues on a case-by-case basis and is not obligated to fix any errors. It is the responsibility of all employees to ensure that the correct contributions are being deducted from their pay and that Acquired Share purchases are being completed for them. Does MRL operate a loan scheme? No. Can I give you the annual maximum contribution in a lump sum? No. When do payroll deductions commence? Deductions for MyShare FY22 commence f rom the first pay period in March 2022. Deductions for MyShare FY23 commence f rom the first pay period in July 2022. When do payroll deductions end? The last payroll deduction for MyShare FY22 will be at the end of June 2022. The first payroll deductions for MyShare FY23 will commence from July 2022. What happens to my contributions if I leave MRL or cease making contributions? Once the Plan Administrator is notified of your departure or withdrawal from the Plan, no further shares will be purchased on your behalf. Your contributions made to date that have not been used to purchase shares will be refunded to you via payroll as taxable salary. Please refer to the Leaving section FAQ for further information.

How do I stop my contributions to MyShare? You can cease your contributions to MyShare at any time by completing a Cease Contributions form accessible on our MyShare website online. Your request to stop contributing to MyShare will be actioned as soon as your completed form is processed (note that this may not be before the next payroll deduction if there is insufficient time allowed). What happens to any contributions for the current quarter (i.e., that have not been used to buy shares yet)? Once the Plan Administrator is notified of your departure or withdrawal from the Plan, no further shares will be purchased on your behalf. Your contributions made to date that have not been used to purchase shares will be refunded to you via payroll (as salary that is subject to PAYG withholding). What happens to any Acquired Shares purchased in prior quarters? If you cease contributions during the plan year, any Acquired Shares already purchased during the plan year will remain in the plan, and in the Employee Share Trust, for the remainder of the Holding Period. The Holding Period on your Acquired Shares and any entitlements to Matched Shares for the current year, and for any previous MyShare plan years, are not affected if you choose to stop making contributions. If I cease contributions, can I recommence making contributions later in the plan year? What if I change my mind? Once you choose to cease making contributions, you can only restart making contributions during one of the next enrolment periods, either in May or November. You can only change your contributions during an enrolment period during a plan year, either in May or November.

How are the shares purchased? Your Acquired Shares are purchased using the contributions that have been deducted from your pre-tax salary each pay period. Payroll will collect your contributions and transfer them to the Plan Administrator at regular intervals, for the Plan Administrator to purchase the shares. You decide how much you want to contribute towards purchasing shares when you enrol. Once you have enrolled, you cannot change your annual contribution amount until the next enrolment period, although you can cease your contributions to MyShare at any time. Who purchases the shares? The Plan Administrator purchases the shares on the Australian Stock Exchange (ASX). How often are shares purchased? • For MyShare FY22, Shares will be purchased at the end of April and at the end of June • For MyShare FY23, Shares are purchased each quarter over the Plan Year - during the last weeks of September, December, March and June. When is the first purchase of shares in respect of each plan year? • For MyShare FY22, the first purchase of Shares will be at the end of April • For MyShare FY23, the first purchase of Shares will be at the end of September. What share price is used to calculate how many shares are purchased? The share price used to calculate your Acquired Shares is the share price that is paid for the shares on the Australian Stock Exchange (ASX) at the time of purchase. What happens if there are any contributions left over after each purchase? Any remaining contributions (i.e., that were insufficient to buy another whole share) are added to your contributions for the next purchase. What happens if there are any contributions left over after all annual purchases? Any remaining contributions are rolled over to the next plan year. If you cease contributing to MyShare or leave MRL any residual contributions that have not been used to purchase shares will be refunded to you via payroll as taxable salary.

Will I be advised of the number of shares that have been purchased on my behalf? Yes, you’ll be advised by either by MRL or by the Plan Administrator that the shares have been purchased. From May 2022, you will be able to view the number of shares that have been purchased on your behalf via the EquatePlus website and thereafter generally around the middle of the month following each purchase. Will the Acquired Shares be in my name? Acquired Shares are held under your name in the Mineral Resources Limited Employee Share Trust. Will I receive dividends on my Acquired Shares? Yes. Dividends will be paid to participants holding Acquired Shares or Matched Shares. Participants must have a bank account recorded to receive their dividend directly into their bank account. When setting up your EquatePlus account with the Plan Administrator, MRL will use the same bank account that your salary gets paid into. In May 2022 you’ll be provided with details on how to access EquatePlus. You can then change your bank details if you wish. By enrolling in MyShare FY22 or re-enrolling in MyShare FY23 you are deemed to have accepted the terms and conditions of the Plan which allow MRL to provide your bank account details held with payroll to the Plan Administrator for the purposes of making dividend and other payments under the plan. How long do I have to hold my Acquired Shares in order to receive my Matched Shares? Acquired Shares purchased in MyShare FY22 need to be held until the end of the Holding Period, which will be up to and including 01 July 2023, to qualify for Matched Shares (see the Holding Period FAQ). Shortly after the end of the Holding Period, you will receive your Matched Shares. Can I transfer my Acquired Shares to a member of my family or a trust? No, you can’t transfer your Acquired Shares to a family member or a trust during a Holding Period. However, at the end of the Holding Period you can transfer your shares out of the MRL Employee Share Trust into another ordinary share register in your own name. Once the shares are transferred into your own name you can then transfer the shares to someone else by completing a Standard Off Market Transfer or via a broker. Forms are available to initiate this on the EquatePlus platform. Can I sell my Acquired Shares at any time? You can’t sell your Acquired Shares during a Holding Period. However, you can sell your Acquired Shares at the end of the Holding Period. How do I sell my Acquired Shares? Participants can sell their Acquired Shares using the Plan Administrator’s online sale facility in EquatePlus (subject to compliance with our Securities Trading Policy).

When does the Holding Period end? The Holding Period ends one year from the end of the Plan Year. • For MyShare FY22, the Holding Period will end on 01 July 2023 • For MyShare FY23, the Holding Period will end on 01 July 2024. Can I sell or transfer my Acquired Shares during the Holding Period? You can’t sell or transfer your Acquired Shares during a Holding Period. However, you can sell or transfer your Acquired Shares at the end of the Holding Period. Will I be able to receive Matched Shares if I leave MRL during the Holding Period? Your eligibility to receive Matched Shares will depend on your reason for leaving, as set out in the Leaving FAQ. Can I still participate in the plan if I leave during a Holding Period? No, you must still be an employee to participate in MyShare. What happens at the end of the Holding Period? At the end of the Holding Period, you’ll be given a Matched Share for each Acquired Share you hold as long as you are still employed by a MRL Group Company.