Announcement PDF 603 GUIDE page 1/2 7th August 2020 Form 603 Corporations Act 2001 Section 671B Notice of initial substantial holder To: Company Name/Scheme ESTRELLA RESOURCES LIMITED ACN/ARSN 39 151 155 207 1. Details of substantial holder (1) Name Mr Jason Peterson ACN/ARSN (if applicable) n/a The holder became a substantial holder on 07 / 08 / 2020 2. Details of voting power The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in on the date the substantial holder became a substantial holder are as follows: Class of securities (4) Ordinary fully paid (O.F.P.) Number of securities Person’s votes (5) Voting power (6) 30,569,400 30,569,400 5.01% 3. Details of relevant interests The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows: Holder of relevant interest Nature of relevant interest (7) Sunset Capital Management Pty Ltd <Sunset Superfund A/C> Class and number of securities Sunset Capital Management Pty Ltd <Sunset Superfund A/C> 30,569,400 4. Details of present registered holders The persons registered as holders of the securities referred to in paragraph 3 above are as follows: Holders of relevant interest Registered holder of Securities Person entitled to be registered as a holder (8) Sunset Capital Management Pty Ltd <Sunset Superfund A/C> Sunset Capital Management Pty Ltd <Sunset Superfund A/C> Sunset Capital Management Pty Ltd <Sunset Superfund A/C> Class and number of securities 30,569,400 5. Consideration The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows: Holder of relevant interest Date of acquisitio n Consideration (9) Class and number of securities Cash Non-cash Sunset Capital Management Pty Ltd <Sunset Superfund A/C> 19/06/2018 $84,623.57 Off Market Transfer Purchase Sunset Capital Management Pty Ltd <Sunset Superfund A/C> 08/10/2019 $8,399.66 On Market Sell (419,983) Sunset Capital Management Pty Ltd <Sunset Superfund A/C> 03/08/2020 $190,000.00 Placement Purchase – Tranche 1 27,142,857 3,846,526 603 6. Associates The reasons the person named in paragraph 3 above and associates of the substantial holder are as follows: Name and ACN/ARSN (if applicable) Nature of association Sunset Capital Management Pty Ltd <Sunset Superfund A/C> Trustee 7. Addresses The addresses of persons named in this form are as follows: Name Address Sunset Capital Management Pty Ltd <Sunset Superfund A/C> C/- PO Box Z5467, Perth St Georges Terrace, Perth WA 6831 Signature print name sign here Mr Jason Peterson capacity Trustee date 07 / 08 / 2020 GUIDE page 2/2 7th August 2020