Ramelius Resources Limited (ASX: RMS) ('Ramelius', 'the Company') is pleased to report yet another record financial and operational performance for the Financial Year ending 30 June 2021.

The Company reported a Statutory Net Profit after Tax ('NPAT') of A$126.8M and has declared a fully franked dividend of 2.5 cents per share, based on the Company's established dividend policy. The underlying NPAT is A$126.4M, after taking into account the Company's one-off A$3.9M tax loss benefit and exploration asset write-downs of A$3.5M (net of tax).

Ramelius Managing Director, Mark Zeptner, today said: 'Once again Ramelius has posted a fantastic result for the year with record gold production and a record net profit after tax which further builds upon last year's results. This is a testament to the growth strategy pursued by the Company and the continual focus on delivering on our plans. FY22 is shaping up to be another record year, based on the mid-point of our production guidance, and with the introduction of ore from the Tampia Gold Mine and development of the very high grade Penny underground, the next few years are looking very solid. Ramelius is proud to also announce a 25% increase in the dividend to 2.5c per share fully franked. This will be the third consecutive dividend for Ramelius shareholders with a total of $43.1M being returned over the last three years.'

Contact:

Richard Jones

Tel: +61 8 9202 1127

Email: ramelius@rameliusresources.com.au

Web: www.rameliusresources.com.au

FORWARD LOOKING STATEMENTS

This report contains forward looking statements. The forward looking statements are based on current expectations, estimates, assumptions, forecasts and projections and the industry in which it operates as well as other factors that management believes to be relevant and reasonable in the circumstances at the date such statements are made, but which may prove to be incorrect. The forward looking statements relate to future matters and are subject to various inherent risks and uncertainties. Many known and unknown factors could cause actual events or results to differ materially from the estimated or anticipated events or results expressed or implied by any forward looking statements. Such factors include, among others, changes in market conditions, future prices of gold and exchange rate movements, the actual results of production, development and/or exploration activities, variations in grade or recovery rates, plant and/or equipment failure and the possibility of cost overruns.

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