Announcement PDF 604 page 1/2 15 July 2001 Form604 Corporations Act 2001 Section 671B Notice of change of interests of substantial holder To Company Name/Scheme Torrens Mining Limited (Torrens) ACN/ARSN 168 295 092 1. Details of substantial holder(1) Name Coda Minerals Ltd (Coda) ACN/ARSN (if applicable) 625 763 957 There was a change in the interests of the substantial holder on 15 / 03 / 2022 The previous notice was given to the company on 15 / 03 / 2022 The previous notice was dated 15 / 03 / 2022 2. Previous and present voting power The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows: Class of securities (4) Previous notice Person's votes Fully paid ordinary shares Present notice Voting power (5) 18,485,094 16.12% Person's votes Voting power (5) 20,868,073 18.19% 3. Changes in relevant interests Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows: Date of change Person whose relevant interest changed Nature of change (6) Consideration given in relation to change (7) Class and number of securities affected Person's votes affected 15/03/2022 Coda Acquisition of relevant interest in ordinary shares in Torrens as a result of acceptances of the takeover offer made pursuant to Coda’s bidder’s statement dated 2 March 2022 (Offer) 0.23 fully paid ordinary shares in Coda for every one (1) fully paid ordinary share in Torrens, subject to the terms and conditions of the Offer 2,382,979 fully paid ordinary shares 2,382,979 4. Present relevant interests Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows: Holder of relevant interest Registered holder of securities Person entitled to be registered as holder (8) Nature of relevant interest (6) Class and number of securities Person's votes Coda Torrens shareholders to whom the Offer was made and who have accepted the Offer Coda Relevant interest under s608(1) and/or 608(8) of the Corporations Act pursuant to the acceptances of the Offer. 20,868,073 fully paid ordinary shares 20,868,073 604 page 2/2 15July2001 5. Changes in association The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association with the substantial holder in relation to voting interests in the company or scheme are as follows: Name and ACN/ARSN (if applicable) Nature of association Not applicable 6. Addresses The addresses of persons named in this form are as follows: Name Address Not applicable Signature print name Susan Park sign here capacity Company Secretary Coda Minerals Ltd date 16 / 03 / 2022 DIRECTIONS (1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form. (2) See the definition of "associate" in section 9 of the Corporations Act 2001. (3) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001. (4) The voting shares of a company constitute one class unless divided into separate classes. (5) The person's votes divided by the total votes in the body corporate or scheme multiplied by 100. (6) Included details of: (a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and (b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies). See the definition of "relevant agreement" in section 9 of the Corporations Act 2001. (7) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired. (8) If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write "unknown". (9) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.