Bannerman Energy : Notice of General Meeting

Bannerman Resources Limited

Registration No. ABN 34 113 017 128

Registered as an external company in Namibia

ISIN Code: AU000000BMN9

NSX Share Code: BMN

NOTICE OF GENERAL MEETING

ACQUISITION OF STRATEGIC STAKE IN NAMIBIA CRITICAL METALS INC.

The general meeting of the Company will be held at Suite 7, 245 Churchill Avenue, Subiaco, Western Australia on Monday 18 July 2022 at 11:00am (AWST).

Bannerman Energy Ltd ("BMN" or "Company") (ASX: BMN) advises shareholders that the general meeting ("Meeting") will be held in compliance with any restrictions on public gatherings in Australia.

Due to the evolving COVID-19 situation, it may not be possible for shareholders to physically attend the Meeting. As a result, the Company strongly encourages all shareholders to vote by directed proxy rather than attend the meeting in person. Proxy forms for the meeting should be lodged before 11:00am (AWST) on Saturday, 16 July 2022.

In accordance with new provisions under the Corporations Act, the Company will not be sending hard copies of the Notice of Meeting to shareholders unless a shareholder has previously requested a hard copy.

Shareholders can access the Notice of Meeting and cast their vote by entering Control Number 181120 at the Computershare online voting platform www.investorvote.com.au. Alternatively, a complete copy of the Notice of Meeting has been posted on the Company's ASX market announcements page https://bannermanenergy.com/asx-announcements/.

If you have nominated an email address and have elected to receive electronic communications from the Company, you will also receive an email to your nominated email address with a link to an electronic copy of the Notice of Meeting.

In order to receive electronic communications from the Company in the future, please update your Shareholder details online at www.investorcentre.comand log in with your unique shareholder identification number and postcode (or country for overseas residents), where you can find on your enclosed personalised proxy form. Once logged in you can also lodge your proxy vote online by clicking on the "Vote" tab.

Shareholders can also submit, and are encouraged to submit, any questions in advance of the Meeting by emailing questions to [e-mail] no later than 5:00pm (AWST) on Friday 15 July 2022.

If the above arrangements with respect to the Meeting change, shareholders will be notified via the ASX Market Announcements Platform.

This Notice should be read in its entirety. If shareholders are in doubt as to how they should vote, they should seek advice from their accountant, solicitor or other professional adviser prior to voting.

The full letter to shareholders can be found at the following link:

https://wcsecure.weblink.com.au/clients/bannermanresources/headline.aspx?headlineid=61095550

The notice of General Meeting/ Proxy form can be found at the following link: https://wcsecure.weblink.com.au/clients/bannermanresources/headline.aspx?headlineid=6109554 8

For and on behalf of Bannerman Energy Ltd by

Steve Herlihy

Company Secretary

14 June 2022

Registered Office

Bannerman Minig Resources Namibia (Pty) Ltd Registration no. 2005/115

71 Seeadler Street, Vineta Swakopmund

Namibia

Sponsor

IJG Securities (Pty) Ltd Member of the NSX

4th Floor, 1@Steps, C/O Grove and Chasie Street, Klein Kuppe P O Box 186, Windhoek, Namibia

Registration No. 95/505