Announcement PDF ASX ANNOUNCEMENT 31 January 2025 Amended Constitution Cyprium Metals Limited (ASX: CYM, OTC: CYPMF) (Cyprium or the Company) is pleased to advise that shareholders of the Company approved the amendment to its Constitution at the Extraordinary General Meeting held on Friday, 31 January 2025. As disclosed in the Notice of Extraordinary General Meeting, the Company determined that the Company amend its existing Constitution to permit the use of technology in hybrid meetings, ensure consistency between the ASX Listing Rules such as ASX Listing Rule 14.4, and promote enhanced governance in the administration of meetings. The amended Constitution is attached. This ASX announcement was approved and authorised by the Executive Chair. Further information: Matt Fifield Manu Trivedi Investor Relations Executive Chair Chief Financial Officer, Interim Investability matt.fifield@cypriummetals.com manu.trivedi@cypriummetals.com investors@investability.com.au T +61 8 6374 1550 E communications@cypriummetals.com About Cyprium Metals Limited Cyprium Metals Limited (ASX: CYM) is an ASX-listed Australian copper company. Its flagship property is the Nifty Copper Mine in Western Australia, which previously produced significant copper from both oxide and sulphide resources. Cyprium is focused on redeveloping Nifty, which has the advantage of significant invested capital, data from a long operating history, large-scale resources, current operational approvals, and recent investment in the property. The Company’s other assets include significant copper-focused properties in the Paterson and Murchison Provinces, including multiple defined resources. Subscribe to Email Alerts via our Investor Hub: https://investorhub.cypriummetals.com/auth/signup Website: www.cypriummetals.com LinkedIn: https://www.linkedin.com/company/cyprium-metals/ X: https://x.com/CypriumMetals ABN 48 002 678 640 T +61 8 6374 1550 ASX: CYM Level 1, 437 Roberts Road Subiaco, WA, 6008 www.cypriummetals.com CORPORATIONS ACT 2001 CONSTITUTION of CYPRIUM METALS LIMITED ACN 002 678 640 Adopted by Special Resolution of the members on 31 January 2025 CONTENTS 1. INTERPRETATION ........................................................................................................................... 1 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 2. SHARE CAPITAL AND VARIATION OF RIGHTS............................................................................. 5 2.1 2.2 2.3 2.4 2.5 2.6 2.7 2.8 2.9 2.10 2.11 2.12 2.13 2.14 2.15 3. Effect of this Clause ..................................................................................................... 8 Definitions ...................................................................................................................... 8 Minimum Shareholding................................................................................................ 9 Sale of Listed Securities of Minority Member ............................................................ 9 Acceptance of Offer .................................................................................................. 9 Appointment of Attorney ............................................................................................ 9 Transfer ........................................................................................................................ 10 Proceeds of Sale ........................................................................................................ 10 Receipt of Proceeds .................................................................................................. 10 Registration of Purchaser .......................................................................................... 10 Remedies Limited ....................................................................................................... 10 Cost of Sale of Listed Securities ................................................................................ 11 Exemption from clause 3 ........................................................................................... 11 Notice to Exempt ....................................................................................................... 11 Takeover Offer or Announcement .......................................................................... 11 Use by Company of Clause 3 ................................................................................... 11 Notice to New Minority Members ............................................................................ 11 UNCERTIFICATED HOLDINGS AND ELECTRONIC TRANSFERS .................................................. 12 4.1 4.2 4.3 4.4 5. Rights Attaching to Shares .......................................................................................... 5 Issue of Shares ............................................................................................................... 5 Share Options ............................................................................................................... 5 Variation of class rights ................................................................................................ 6 Effect of share issue on class rights ............................................................................ 6 Preference Shares ........................................................................................................ 6 Recognition of Trusts .................................................................................................... 6 Unregistered Interests .................................................................................................. 6 Share Certificates and Share Option Certificates ................................................... 6 Section 1071H of the Corporations Act ..................................................................... 7 Commissions ................................................................................................................. 7 Restricted Securities ..................................................................................................... 7 Non-Issue or Cancellation of Certificate................................................................... 8 No Prohibition on Foreign Ownership ........................................................................ 8 Payment of Interest out of Capital ............................................................................ 8 MINIMUM SHAREHOLDING .......................................................................................................... 8 3.1 3.2 3.3 3.4 3.5 3.6 3.7 3.8 3.9 3.10 3.11 3.12 3.13 3.14 3.15 3.16 3.17 4. Definitions ...................................................................................................................... 1 Interpretation ................................................................................................................ 4 Corporations Act Definitions ....................................................................................... 4 Status of Constitution ................................................................................................... 4 General Authorisation ................................................................................................. 5 Displacement of Replaceable Rules ......................................................................... 5 Enforceability ................................................................................................................ 5 Jurisdiction .................................................................................................................... 5 Electronic or Computerised Holding ....................................................................... 12 Statement of Holdings ............................................................................................... 12 Share Certificates ....................................................................................................... 12 Listing Rules ................................................................................................................. 12 LIEN .............................................................................................................................................. 13 5.1 Lien for Members Debts............................................................................................. 13 i 5.2 5.3 5.4 5.5 5.6 5.7 5.8 5.9 5.10 6. CALLS ON SHARES ...................................................................................................................... 15 6.1 6.2 6.3 6.4 6.5 6.6 6.7 6.8 6.9 6.10 6.11 6.12 7. Failure to Pay Call ...................................................................................................... 17 Forfeiture ..................................................................................................................... 17 Sale of Forfeited Shares ............................................................................................. 17 Continuing Liability ..................................................................................................... 18 Officer’s Statement Prima Facie Evidence ............................................................. 18 Procedures .................................................................................................................. 18 Listing Rules and ASX Settlement Operating Rules ................................................ 18 Waive ........................................................................................................................... 18 TRANSFER OF SHARES ................................................................................................................. 19 8.1 8.2 8.3 8.4 8.5 8.6 8.7 8.8 8.9 8.10 8.11 8.12 8.13 8.14 8.15 9. Calls.............................................................................................................................. 15 Payment of Calls ........................................................................................................ 15 Quoted Shares............................................................................................................ 15 Unquoted Shares ........................................................................................................ 16 Joint Liability ................................................................................................................ 16 Deemed Calls ............................................................................................................. 16 Differentiation between Shareholders .................................................................... 16 Payments in Advance of Calls ................................................................................. 16 Outstanding Moneys ................................................................................................. 17 Revocation/Postponement or Extension ................................................................ 17 Compliance with Listing Rules and Corporations Act ........................................... 17 Waive ........................................................................................................................... 17 FORFEITURE OF SHARES .............................................................................................................. 17 7.1 7.2 7.3 7.4 7.5 7.6 7.7 7.8 8. Generally ..................................................................................................................... 13 Exemption ................................................................................................................... 14 Dividends ..................................................................................................................... 14 Sale of Shares.............................................................................................................. 14 Restrictions on Sale .................................................................................................... 14 Person Authorised to Sign Transfers .......................................................................... 14 Proceeds of Sale ........................................................................................................ 15 Protection of Lien under ASX Settlement Operating Rules ................................... 15 Further Powers re Forfeited Shares and Liens ......................................................... 15 Form of Transfer .......................................................................................................... 19 CHESS Transfers ........................................................................................................... 19 Participation in CHESS................................................................................................ 19 Registration Procedure .............................................................................................. 19 Power to Refuse to Register ...................................................................................... 20 Closure of Register ..................................................................................................... 20 Retention of Transfers by Company ........................................................................ 20 Power to suspend registration of transfers .............................................................. 20 Powers of Attorney ..................................................................................................... 20 Other Securities .......................................................................................................... 20 Branch Register........................................................................................................... 21 Compliance with ASX Settlement Operating Rules ............................................... 21 Issuer Sponsored Subregister ..................................................................................... 21 Transferor Holds Shares until Registration of Transfer.............................................. 21 Waive ........................................................................................................................... 21 TRANSMISSION OF SHARES ........................................................................................................ 21 9.1 9.2 9.3 9.4 9.5 Death of Shareholder Leaving a Will ....................................................................... 21 Death or Bankruptcy of Shareholder or the Shareholder becomes of unsound mind ............................................................................................................................. 21 Registration by Transmission or to Beneficiary ........................................................ 22 Limitations to Apply .................................................................................................... 22 Death of a Joint Holder ............................................................................................. 22 ii 9.6 9.7 9.8 10. Joint Personal Representatives ................................................................................. 22 ASX Settlement Transfer ............................................................................................. 22 Joint Holders................................................................................................................ 22 CHANGES TO CAPITAL STRUCTURE ........................................................................................... 23 10.1 10.2 10.3 10.4 Alterations to Capital................................................................................................. 23 Reduction of Capital ................................................................................................. 23 Buy-Backs .................................................................................................................... 23 Fractions ...................................................................................................................... 24 11. WRITTEN RESOLUTIONS ............................................................................................................... 24 12. GENERAL MEETINGS ................................................................................................................... 24 12.1 12.2 12.3 12.4 12.5 12.6 12.7 12.8 12.9 13. Convening of General Meetings of Shareholders by Directors’ Resolution ....... 24 Change of place or postponement of a General Meeting of Shareholders .... 24 Convening of General Meetings of Shareholders by a Director or requisition .. 24 Cancellation of a General Meeting of Shareholders ............................................ 25 Notice .......................................................................................................................... 25 Irregularities in giving notice ..................................................................................... 25 Business at General Meeting .................................................................................... 26 Notice to Home Branch ............................................................................................ 26 Annual General Meeting .......................................................................................... 26 PROCEEDINGS AT GENERAL MEETINGS .................................................................................... 26 13.1 13.2 13.3 13.4 13.5 13.6 13.7 13.8 13.9 13.10 13.11 13.12 13.13 13.14 13.15 13.16 13.17 13.18 13.19 13.20 13.21 13.22 13.23 13.24 13.25 13.26 13.27 13.28 13.29 13.30 13.31 13.32 13.33 13.34 Quorum ....................................................................................................................... 26 Persons Entitled to Attend a General Meeting ...................................................... 26 Refusal of Admission to Meetings............................................................................. 27 Insufficient room ......................................................................................................... 27 Chairman .................................................................................................................... 27 Vacating Chair ........................................................................................................... 27 Disputes Concerning Procedure .............................................................................. 28 General Conduct....................................................................................................... 28 Adjournment ............................................................................................................... 28 Notice of Resumption of Adjourned Meeting ........................................................ 28 How resolutions are decided.................................................................................... 28 Casting Vote ............................................................................................................... 28 Voting Rights ............................................................................................................... 28 Voting - Show of Hands ............................................................................................. 29 Results of Voting ......................................................................................................... 29 Poll ................................................................................................................................ 29 Manner of Taking Poll ................................................................................................ 29 Meeting May Continue ............................................................................................. 29 Voting by Joint Holders.............................................................................................. 30 Shareholder under Disability ..................................................................................... 30 Payment of Calls ........................................................................................................ 30 Objection to Voting ................................................................................................... 30 Restrictions on voting ................................................................................................. 30 Proxies .......................................................................................................................... 30 Electronic Appointment of Proxy ............................................................................. 31 Name of proxy ............................................................................................................ 31 Incomplete proxy appointment............................................................................... 31 No right to speak or vote if appointing Shareholder present ............................... 32 Rights where 2 proxies or attorneys are appointed ............................................... 32 More than 2 proxies or attorneys appointed.......................................................... 32 Proxy Votes.................................................................................................................. 32 Representatives of Corporate Shareholders .......................................................... 33 More than one Representative present .................................................................. 33 Rights of Representatives, proxies and attorneys .................................................. 33 iii 13.35 13.36 13.37 13.38 13.39 13.40 13A. USE OF TECHNOLOGY AT GENERAL MEETINGS ....................................................................... 36 13A.1 13A.2 14. Management of the Company ............................................................................... 40 Borrowings ................................................................................................................... 40 Attorneys ..................................................................................................................... 41 Cheques, etc. ............................................................................................................. 41 Retirement Benefits for Directors .............................................................................. 41 Securities to Directors or Shareholders .................................................................... 41 PROCEEDINGS OF DIRECTORS .................................................................................................. 41 16.1 16.2 16.3 16.4 16.5 16.6 16.7 16.8 16.9 16.10 16.11 16.12 16.13 16.14 16.15 16.16 16.17 16.18 16.19 16.20 17. Number of Directors ................................................................................................... 37 Rotation of Directors .................................................................................................. 37 Election of Directors ................................................................................................... 38 Additional Directors ................................................................................................... 38 Removal of Director ................................................................................................... 38 Vacation of Office ..................................................................................................... 39 Remuneration ............................................................................................................. 39 Initial Fees to Directors ............................................................................................... 39 Expenses ...................................................................................................................... 40 No Share Qualification .............................................................................................. 40 POWERS AND DUTIES OF DIRECTORS ........................................................................................ 40 15.1 15.2 15.3 15.4 15.5 15.6 16. Use of technology ...................................................................................................... 36 Communication of meeting documents ................................................................ 37 THE DIRECTORS ........................................................................................................................... 37 14.1 14.2 14.3 14.4 14.5 14.6 14.7 14.8 14.9 14.10 15. Board may determine Direct Voting to apply ....................................................... 34 Direct Voting instrument – form, signature and deposit ....................................... 34 Voting Forms ............................................................................................................... 35 Direct Votes count on a poll..................................................................................... 35 Withdrawal of a Direct Vote ..................................................................................... 35 Validity of Direct Vote ............................................................................................... 36 Convening a Meeting ............................................................................................... 41 Procedure at Meetings ............................................................................................. 42 Quorum ....................................................................................................................... 42 Secretary May Attend and Be Heard ..................................................................... 42 Majority Decisions....................................................................................................... 42 Casting Votes ............................................................................................................. 42 Alternate Directors ..................................................................................................... 42 Continuing Directors May Act .................................................................................. 43 Chairman .................................................................................................................... 43 Committees ................................................................................................................ 43 Written Resolutions ..................................................................................................... 44 Defective Appointment ............................................................................................ 44 Directors May Hold Other Offices ............................................................................ 44 Directors May Hold Shares, etc. ............................................................................... 44 Directors Not Accountable for Benefits .................................................................. 44 Disclosure of Interests in Related Matters ................................................................ 44 Disclosure of Shareholding ........................................................................................ 45 Related Body Corporate Contracts ........................................................................ 45 Voting, Affixation of Seal ........................................................................................... 45 Home Branch to be Advised .................................................................................... 45 MEETING BY INSTANTANEOUS COMMUNICATION DEVICE .................................................... 45 17.1 17.2 17.3 17.4 Meetings to be Effectual ........................................................................................... 45 Procedure at Meetings ............................................................................................. 46 Minutes ........................................................................................................................ 46 Definition ..................................................................................................................... 46 iv 18. MANAGING AND EXECUTIVE DIRECTORS AND SECRETARIES ................................................ 46 18.1 18.2 18.3 18.4 18.5 19. SEALS ........................................................................................................................................... 47 19.1 19.2 19.3 20. Authorisation of Bonus Share Plan ........................................................................... 52 Amendment and Revocation .................................................................................. 52 DIVIDEND REINVESTMENT PLAN ................................................................................................ 52 25.1 25.2 26. Capitalisation.............................................................................................................. 51 Application of Capitalised Amounts ....................................................................... 51 Procedures .................................................................................................................. 52 BONUS SHARE PLAN ................................................................................................................... 52 24.1 24.2 25. Dividends ..................................................................................................................... 49 Interim Dividend ......................................................................................................... 49 No Interes