Offer by FMG Pilbara Pty Ltd to acquire all of your Red Hawk Shares

The Offer is now closed.

FMG Pilbara Pty Ltd (ACN 106 943 828) (the Bidder), a wholly owned subsidiary of Fortescue Ltd (ACN 002 594 872) (ASX: FMG), is offering to acquire all of your fully paid ordinary shares in Red Hawk Mining Limited (ACN 091 118 044) (ASX: RHK) (Red Hawk) which the Bidder (or its associates) does not already own or control by way of an off-market takeover, on the terms set out in the bidder’s statement from the Bidder dated 28 January 2025 as replaced or supplemented (the Bidder's Statement). Capitalised terms have the same meaning as given in the Bidder's Statement, unless otherwise defined.

If you accept the Offer, you will receive $1.05 per Red Hawk Share, increasing to $1.20 if the Bidder acquires a 75% Relevant Interest in Red Hawk Shares on or before 4 February 2025, subject to the terms and conditions of the Offer.

The Bidder's Statement sets out the terms of the Bidder's Offer to you for your Red Hawk Shares and other important information relating to the Offer and your decision whether to accept or reject the Offer. The Bidder's Statement is an important document and you should read it in its entirety.

If you have any questions or would like to request a physical copy of the Bidder's Statement free of charge, please contact the Offer Information Line on 1300 116 256 (within Australia) or +61 3 9415 4036 (outside Australia).