RESOURCE GENERATION LIMITED - Outcome of the meeting of creditors

Outcome of the meeting of creditors

Resource Generation Limited (Subject to Deed of Company Arrangement)
Registration number ACN 059 950 337
(Incorporated and registered in Australia)
ISIN: AU000000RES1
Share Code on the ASX: RES
Share Code on the JSE: RSG
(“ResGen” or the “Company”)

JSE RELEASE

15 February 2022

Outcome of the meeting of creditors

A meeting of creditors was held on 10 February 2022 (meeting). The creditors at the meeting resolved that:

.       ResGen execute a varied Deed of Company Arrangement (DOCA) (substantially in accordance with the
        terms set out in the Proposed DOCA Variation, appended to the Deed Administrators’ report to creditors
        dated 27 January 2022); and

.       William James Harris, Anthony Norman Connelly and Jason Preston be appointed Joint and Several Deed
        Administrators.

A copy of the report is available at the following link: https://www.mcgrathnicol.com/creditors/resource-generation-
limited/.

The amended DOCA was executed by the Deed Administrators and Alt Finance Pty Ltd as the DOCA proponent on
10 February 2022, resulting in the variation to the initial DOCA.

Directors’ resignations

The Deed Administrators advise of the resignation of the following four directors of ResGen:

.       Mr Leapeetswe Molotsane, resignation effective 31 January 2022;

.       Mr Robert Croll, resignation effective 3 February 2022;

.       Mr Colin Gilligan, resignation effective 4 February 2022; and

.       Mr Michael Gray, resignation effective 4 February 2022.

Resignation as JSE Sponsor

In accordance with the JSE Limited Listings Requirements, shareholders are advised that Deloitte & Touche Sponsor
Services (Pty) Ltd has resigned as JSE Sponsor to ResGen with immediate effect by mutual agreement.

ResGen thanks Deloitte & Touche Sponsor Services (Pty) Limited for its services.
Contact details and further information

Information has been uploaded to the McGrathNicol website (www.mcgrathnicol.com).

For all further enquiries please contact:

   Media enquiries:
                                                           Creditor and shareholder enquiries:
   Nick Owens
                                                           McGrathNicol
   T +61 2 8920 0700
                                                           T +61 7 3333 9835
   M +61 421 977 062
                                                           E resgen@mcgrathnicol.com
   E nowens@sefiani.com.au

JSE Sponsor: Deloitte & Touche Sponsor Services (Pty) Limited

Date: 15-02-2022 10:23:00
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