Notice Of Extraordinary General Meeting Regarding The Approval Of The Mine Funding Package Resource Generation Limited 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”) 5 March 2020 NOTICE OF EXTRAORDINARY GENERAL MEETING REGARDING THE APPROVAL OF THE MINE FUNDING PACKAGE Shareholders are referred to the Market Update announcement dated 17 February 2020, where they were advised that the proposed Mine Funding Package will require Shareholder approval. The Company is pleased to report that all the regulatory clearances and approvals for the Notice of Extraordinary General Meeting have now been obtained. Shareholders are advised that Resgen has commenced distribution of the Notice of Extraordinary General Meeting of the Shareholders of Resgen, together with the Independent Expert’s Report and Proxy Form. The Extraordinary General Meeting will be held at 10am (Brisbane time) (2.00am South African time) on Tuesday 7 April 2020 at Minter Ellison, Level 22, 1 Waterfront Place, 1 Eagle Street, Brisbane, Queensland, Australia. The following timetable is applicable for the Extraordinary General Meeting of Shareholders: Estimated record date by which Shareholders must be recorded on the Register in order 28 February 2020 to receive this Notice of Extraordinary General Meeting and Explanatory Statement Target date for releasing the Notice of Extraordinary General Meeting and Explanatory 5 March 2020 Statement on the ASX and JSE and publishing on the Company’s website Last day to trade Shares in order to be recorded on the Register to be eligible to participate in and vote at the EGM: 1 April 2020 - ASX holdings (T+2) 31 March 2020 - JSE holdings (T+3) Voting record date for Shareholders to be recorded on the Register to be eligible to participate in and vote at the EGM: COB 3 April 2020 - ASX holdings COB 3 April 2020 - JSE holdings Latest time for submission of Form of Proxy to: - ASX holdings - Share registry - Boardroom Pty Ltd 10.00 am Sunday 5 April 2020 (Brisbane time) - JSE holdings - Transfer secretaries, Computershare Investor Services 10.00 am Friday 3 April Proprietary Limited 2020 (South African time) Latest time by which JSE Dematerialised Shareholders (other than “own name” 7 April 2020 registered Dematerialised Shareholders) who wish to attend the EGM are required to provide a copy of their letters of representation to the Company Date of the Extraordinary General Meeting 7 April 2020 Results of the EGM to be released to the ASX and JSE and published on the Company’s 7 April 2020 website All proxy votes for Shareholders on the South African register must be received by Computershare Investor Services Proprietary Limited, Rosebank Towers, 15 Biermann Avenue, Rosebank, 2196 (Private Bag X9000, Saxonwold, 2132, South Africa or emailed to proxy@computershare.co.za no later than 10am South African time on Friday, 3 April 2020. Shareholders can also view the on-line version on the Company’s website at www.resgen.com.au/investors and media About Resgen: Resource Generation Limited (Resgen) is an emerging ASX and JSE-listed energy company, currently developing the Boikarabelo Coal Mine in South Africa’s Waterberg region. The Waterberg accounts for around 40% of the country’s currently known coal resources. The Coal Resources and Reserves for the Boikarabelo Coal Mine, held through the operating subsidiary Ledjadja Coal, were recently updated based upon a new mine plan and execution strategy. The Boikarabelo Coal Resources total 995Mt and the Coal Reserves total 267Mt applying the JORC Code 2012 (ASX Announcement :23 January 2017- In accordance with Listing Rule 5.23.2 the Company confirms that it is not aware of any new information that would impact on the Reported Coal Resources and Coal Reserves). Stage 1 of the mine development targets saleable coal production of 6 million tonnes per annum. Ledjadja Coal is a Black Economic Empowerment subsidiary (BEE) operating under South Africa’s Broad-based Black Economic Empowerment Act, Section 9(5): Codes of Good Practice ResGen’s primary shareholders are the Public Investment Corporation of South Africa (PIC), Noble Group and Altius Investment Holdings. For further information please contact: Mike Meintjes, Company Secretary on mmeintjes@resgen.com.au or +61 413 706 143 Media enquiries: South Africa: Marion Brower on +27 11 880 3924 JSE Sponsor: Deloitte & Touche Sponsor Services (Pty) Limited Date: 05-03-2020 09:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. 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