Gold Road Resources : Update - Dividend/Distribution - GOR

Notification of dividend / distribution

Update Summary

Entity name

For personal use only

GOLD ROAD RESOURCES LIMITED

Security on which the Distribution will be paid

GOR - ORDINARY FULLY PAID

Announcement Type

Update to previous announcement

Date of this announcement

22/4/2022

Reason for the Update

Update to the release on 11 April 2022 to advise the DRP share price.

Refer to below for full details of the announcement

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Notification of dividend / distributionAnnouncement Details

For personal use only

Part 1 - Entity and announcement details

1.1 Name of +Entity

GOLD ROAD RESOURCES LIMITED

1.2 Registered Number Type

ABN

1.3 ASX issuer code

GOR

1.4 The announcement is

Update/amendment to previous announcement

1.4a Reason for update to a previous announcementRegistration Number 13109289527

Update to the release on 11 April 2022 to advise the DRP share price.

1.4b Date of previous announcement(s) to this update 11/4/2022

1.5 Date of this announcement 22/4/2022

1.6 ASX +Security Code GOR

ASX +Security Description ORDINARY FULLY PAID

Part 2A - All dividends/distributions basic details

• 2A.1 Type of dividend/distribution

  Ordinary

• 2A.2 The Dividend/distribution: relates to a period of six months

2A.3 The dividend/distribution relates to the financial reporting or payment period ending ended/ending (date) 31/12/2021

2A.4 +Record Date

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2A.4 +Record Date 4/4/2022

2A.5 Ex Date

1/4/2022

For personal use only

2A.6 Payment Date

5/5/2022

• 2A.7 Are any of the below approvals required for the dividend/distribution before business day 0 of the timetable?

  Security holder approval

  Court approval

  Lodgement of court order with +ASICACCC approval

  FIRB approval

  Another approval/condition external to the entity required before business day 0 of the timetable for the dividend/distribution.

  No

• 2A.8 Currency in which the dividend/distribution is made ("primary currency")

AUD - Australian Dollar

2A.9 Total dividend/distribution payment amount per +security (in primary currency) for all dividends/distributions notified in this form

AUD 0.00500000

2A.10 Does the entity have arrangements relating to the currency in which the dividend/distribution is paid to securityholders that it wishes to disclose to the market?

Yes

2A.11 Does the entity have a securities plan for dividends/distributions on this +security?

We have a Dividend/Distribution Reinvestment Plan (DRP)

2A.11a If the +entity has a DRP, is the DRP applicable to 2A.11a(i) DRP Status in respect of this

this dividend/distribution?

Yes

dividend/distribution Full DRP

2A.12 Does the +entity have tax component information apart from franking?

No

Part 2B - Currency Information

2B.1 Does the entity default to payment in certain currencies dependent upon certain attributes such as the banking instruction or registered address of the +securityholder? (For example NZD to residents of New Zealand and/or USD to residents of the U.S.A.).

Yes

2B.2 Please provide a description of your currency arrangements

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Notification of dividend / distribution

2B.2 Please provide a description of your currency arrangements

GOR will pay in two currencies, Australian dollars (AUD) and New Zealand dollars (NZD). Payment will be made in Australian dollars (AUD) for all shareholders, except for those shareholders with a registered address in New Zealand and who elect by the Record Date to have their payment made into a New Zealand bank account, where payment will made in New Zealand dollars (NZD).

For personal use only

2B.2a Other currency/currencies in which the dividend/distribution will be paid:

Currency

NZD - New Zealand Dollar

2B.2b Please provide the exchange rates used for non-primary currency payments AUD/NZD: 1.075437

2B.2c If payment currency equivalent and exchange rates not known, date for information to be released 8/4/2022

2B.3 Can the securityholder choose to receive a currency different to the currency they would receive under the default arrangements?

Yes

2B.3a Please describe what choices are available to a securityholder to receive a currency different to the currency they would receive under the default arrangements

Please refer to the information in 2B.2

2B.3b Date and time by which any document or communication relating to the above arrangements must be received in order to be effective for this dividend/distribution

Monday April 4, 2022 19:00:00

2B.3c Please provide, or indicate where relevant forms can be obtained and how and where they must be lodged Shareholders can update their bank account and other personal details online athttps://www.computershare.com.au/easyupdate/GOR

Part 3A - Ordinary dividend/distribution

3A.1 Is the ordinary dividend/distribution estimated at this time?

No

3A.1b Ordinary Dividend/distribution amount per security

AUD 0.00500000

• 3A.2 Is the ordinary dividend/distribution franked?

  Payment currency equivalent amount per security NZD 0.05377185

  Estimated or Actual?

  Actual

  3A.1a Ordinary dividend/distribution estimated amount per +security

  AUD

  3A.2a Is the ordinary dividend/distribution fully franked?

  Yes

  Yes

• 3A.3 Percentage of ordinary dividend/distribution that is 3A.3a Applicable corporate tax rate for franking credit

franked 100.0000 %

(%) 30.0000 %

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3A.4 Ordinary dividend/distribution franked amount per +security

AUD 0.00500000

For personal use only

3A.5 Percentage amount of dividend which is unfranked 0.0000 %

3A.6 Ordinary dividend/distribution unfranked amount per +security excluding conduit foreign income amount AUD 0.00000000

3A.7 Ordinary dividend/distribution conduit foreign income amount per security

AUD 0.00000000

Part 4A - +Dividend reinvestment plan (DRP)

4A.1 What is the default option if +security holders do not indicate whether they want to participate in the DRP?

Do not participate in DRP (i.e. cash payment)

4A.2 Last date and time for lodgement of election	4A.3 DRP discount rate
notices to share registry under DRP
2.5000 %
Tuesday April 5, 2022 19:00:00
4A.4 Period of calculation of reinvestment price
Start Date	End Date
6/4/2022	21/4/2022
4A.5 DRP price calculation methodology

A volume weighted average price calculation determined over 10 trading days, from 6 April 2022 to 21 April 2022 (inclusive) in accordance with the DRP plan rules.

4A.6 DRP Price (including any discount):

AUD 1.57200

4A.8 Will DRP +securities be a new issue?

4A.7 DRP +securities +issue date 5/5/2022

Yes

4A.8a Do DRP +securities rank pari passu from +issue date?

Yes

• 4A.9 Is there a minimum dollar amount or number of +securities required for DRP participation?

  No

• 4A.10 Is there a maximum dollar amount or number of +securities required for DRP participation?

No

4A.11 Are there any other conditions applying to DRP participation?

Yes

4A.11a Conditions for DRP participation

The Board have determined in accordance with the DRP plan rules that participation is not open to a holder whose registered address is in a country other than Australia and New Zealand.

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