Kairos Minerals Ltd (ASX: KAI) (Kairos or Company) hereby gives notice to shareholders that it has received notices under sections 203D and 249D of the Corporations Act 2001 (Cth) (Corporations Act) signed by Troca Enterprises Pty Ltd as trustee for the Coulson Super Fund, Troca Enterprises Pty Ltd as trustee for the Coulson Super Trust, Flue Holdings Pty Ltd, Flue Holdings Pty Ltd as trustee for the Bromley Superannuation Trust, Ocean View W.A. Pty Ltd, Michael Patrick Lynch as trustee for the Lynch Family Trust, Brennan Super (WA) Pty Ltd as trustee for the Brennan Super Fund Trust and Kendali Pty Ltd (together, the Requisitioning Shareholders) (who state that they collectively hold at least 5% of the votes that may be cast at a general meeting of the Company) requesting that the Company call and arrange to hold a general meeting to consider resolutions concerning: the removal of Mr Terry Topping as a director; the removal of Mr Bruno Seqenue as a director; the appointment of Mr Philip Coulson as a director and the appointment of Mr Zane Lewis as a director, (the Proposed Resolutions).

The Company notes that two of the Requisitioning Shareholders, Troca Enterprises Pty Ltd as trustee for the Coulson Super Fund and Troca Enterprises Pty Ltd as trustee for the Coulson Super Trust, are entities associated with Mr Philip Coulson.

Kairos has taken legal advice as to the validity of the notices and confirms that it considers that the notices are valid. The Company will now undertake the necessary steps to convene a general meeting in compliance with the Corporations Act. The directors are required to call the meeting within 21 days of receipt of the notice under section 249D and the meeting must be held no later than 2 months after receipt of that notice. The notice under section 249D was received by the Company on 5 March 2022, which means that the meeting must be held on or before 5 May 2022.

Further details of the general meeting (including detailed reasons as to why the board considers that the changes proposed by the Requisitioning Shareholders are not in the best interests of all shareholders of the Company) will be circulated to shareholders in due course.

Contact:

Mr Terry Topping

Tel: 08 9388 1474

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