Announcement PDF JRL JNDAF 22 November 2023 ADOPTION OF UPDATED CONSTITUTION Jindalee Resources Limited (to be renamed “Jindalee Lithium Limited”) (ASX: JRL) (Jindalee or the Company) provides the market with its new constitution approved by shareholders at the Annual General Meeting (AGM) held on 22 November 2023. The Updated Constitution is provided in accordance with ASX Listing Rule 15.4.2. - ENDS Authorised for release by the Board of Jindalee Resources Limited. For further information please contact: Lindsay Dudfield Executive Director Jindalee Resources Limited T - + 61 8 9321 7550 E – enquiry@jindalee.net Jindalee Resources Limited ABN 52 064 121 133 Level 2, 9 Havelock Street, West Perth, WA, 6005 PO Box 1033, West Perth, WA 6872 www.Jindalee.net E: enquiry@jindalee.net P: +61 9321 7550 F: +61 9321 7950 CORPORATIONS ACT 2001 CONSTITUTION of JINDALEE RESOURCES LIMITED ACN 064 121 133 Adopted by Special Resolution of the members on 29 November 2019 and modified by Special Resolution on 22 November 2023. CONTENTS 1. INTERPRETATION ........................................................................................................... 1 1.1 1.2 1.3 1.4 1.5 2. SHARE CAPITAL AND VARIATION OF RIGHTS .............................................................. 4 2.1 2.2 2.3 2.4 2.5 2.6 2.7 2.8 2.9 2.10 2.11 2.12 2.13 2.14 3. Rights Attaching to Shares ...............................................................................4 Issue of Shares ....................................................................................................4 Share Options .....................................................................................................4 Classes of Shares................................................................................................4 Preference Shares .............................................................................................5 Recognition of Trusts..........................................................................................5 Unregistered Interests ........................................................................................5 Share Certificates and Share Option Certificates.........................................5 Section 1071H of the Corporations Act ..........................................................6 Commissions .......................................................................................................6 Restricted Securities ..........................................................................................6 Non-Issue or Cancellation of Certificate ........................................................7 No Prohibition on Foreign Ownership .............................................................7 Payment of Interest out of Capital..................................................................7 MINIMUM SHAREHOLDING .......................................................................................... 7 3.1 3.2 3.3 3.4 3.5 3.6 3.7 3.8 3.9 3.10 3.11 3.12 3.13 3.14 3.15 3.16 3.17 4. Definitions ...........................................................................................................1 Corporations Act Definitions ............................................................................3 Status of Constitution ........................................................................................3 Headings .............................................................................................................4 Displacement of Replaceable Rules ..............................................................4 Effect of this Clause ...........................................................................................7 Definitions ...........................................................................................................7 Minimum Shareholding .....................................................................................8 Sale of Listed Securities of Minority Member ..................................................8 Acceptance of Offer ........................................................................................8 Appointment of Attorney .................................................................................8 Transfer ................................................................................................................8 Proceeds of Sale ................................................................................................9 Receipt of Proceeds .........................................................................................9 Registration of Purchaser ..................................................................................9 Remedies Limited ..............................................................................................9 Cost of Sale of Listed Securities........................................................................9 Exemption from Clause 3..................................................................................9 Notice to Exempt .............................................................................................10 Election to Exempt...........................................................................................10 Takeover Offer or Announcement ................................................................10 Use by Company of Clause 3 ........................................................................10 UNCERTIFICATED HOLDINGS AND ELECTRONIC TRANSFERS .................................... 10 4.1 4.2 4.3 4.4 Electronic or Computerised Holding .............................................................10 Statement of Holdings ....................................................................................11 Share Certificates ............................................................................................11 Listing Rules .......................................................................................................11 5. LIEN ............................................................................................................................. 11 5.1 5.2 5.3 5.4 5.5 5.6 5.7 5.8 5.9 5.10 6. CALLS ON SHARES...................................................................................................... 13 6.1 6.2 6.3 6.4 6.5 6.6 6.7 6.8 6.9 6.10 6.11 7. Failure to Pay Call ............................................................................................15 Forfeiture ...........................................................................................................16 Sale of Forfeited Shares ..................................................................................16 Continuing Liability ..........................................................................................16 Officer’s Statement Prima Facie Evidence ..................................................16 Procedures .......................................................................................................16 Listing Rules and ASX Settlement Operating Rules ......................................16 TRANSFER OF SHARES................................................................................................. 17 8.1 8.2 8.3 8.4 8.5 8.6 8.7 8.8 8.9 8.10 8.11 8.12 8.13 9. Calls ...................................................................................................................13 Payment of Calls..............................................................................................14 Quoted Shares .................................................................................................14 Unquoted Shares .............................................................................................14 Joint Liability .....................................................................................................14 Deemed Calls ..................................................................................................14 Differentiation between Shareholders ..........................................................14 Payments in Advance of Calls.......................................................................14 Outstanding Moneys .......................................................................................15 Revocation or Postponement........................................................................15 Compliance with Listing Rules and Corporations Act ................................15 FORFEITURE OF SHARES .............................................................................................. 15 7.1 7.2 7.3 7.4 7.5 7.6 7.7 8. Lien for Members Debts ..................................................................................11 Generally ..........................................................................................................11 Exemption .........................................................................................................12 Dividends ..........................................................................................................12 Sale of Shares ...................................................................................................12 Restrictions on Sale ..........................................................................................12 Person Authorised to Sign Transfers ...............................................................13 Proceeds of Sale ..............................................................................................13 Protection of Lien under ASX Settlement Operating Rules ........................13 Further Powers re Forfeited Shares and Liens...............................................13 Form of Transfer ................................................................................................17 CHESS Transfers ................................................................................................17 Participation in CHESS .....................................................................................17 Registration Procedure ...................................................................................17 Power to Refuse to Register ...........................................................................18 Closure of Register ...........................................................................................18 Retention of Transfers by Company..............................................................18 Powers of Attorney ..........................................................................................18 Other Securities ................................................................................................18 Branch Register ................................................................................................18 Compliance with ASX Settlement Operating Rules ....................................19 Issuer Sponsored Subregister ..........................................................................19 Transferor Holds Shares until Registration of Transfer ...................................19 TRANSMISSION OF SHARES ........................................................................................ 19 9.1 9.2 Death of Shareholder Leaving a Will ............................................................19 Death or Bankruptcy of Shareholder ............................................................19 9.3 9.4 9.5 9.6 9.7 9.8 10. CHANGES TO CAPITAL STRUCTURE ............................................................................ 20 10.1 10.2 10.3 11. Convening of General Meetings of Shareholders ......................................21 Postponement of a General Meeting of Shareholders ..............................21 Cancellation of a General Meeting of Shareholders .................................21 Convening of General Meetings of Shareholders by a Director ..............22 Notice................................................................................................................22 Business at General Meeting..........................................................................23 Notice to Home Branch ..................................................................................23 Annual General Meeting................................................................................23 PROCEEDINGS AT GENERAL MEETINGS ..................................................................... 23 12.1 12.2 12.3 12.4 12.5 12.6 12.7 12.8 12.9 12.10 12.11 12.12 12.13 12.14 12.15 12.16 12.17 12.18 12.19 12.20 12.21 12.22 12.23 12.24 13. Alterations to Capital ......................................................................................20 Reduction of Capital ......................................................................................21 Buy-Backs ..........................................................................................................21 GENERAL MEETINGS ................................................................................................... 21 11.1 11.2 11.3 11.4 11.5 11.6 11.7 11.8 12. Registration by Transmission or to Beneficiary..............................................19 Limitations to Apply .........................................................................................20 Death of a Joint Holder ..................................................................................20 Joint Personal Representatives ......................................................................20 ASX Settlement Transfer ..................................................................................20 Joint Holders .....................................................................................................20 Quorum .............................................................................................................23 Persons Entitled to Attend a General Meeting............................................24 Refusal of Admission to Meetings ..................................................................24 Chairman ..........................................................................................................24 Vacating Chair ................................................................................................24 Disputes Concerning Procedure ...................................................................25 General Conduct ............................................................................................25 Casting Vote ....................................................................................................25 Adjournment ....................................................................................................25 Notice of Resumption of Adjourned Meeting .............................................25 Voting Rights ....................................................................................................25 Voting - Show of Hands ..................................................................................26 Results of Voting...............................................................................................26 Poll .....................................................................................................................26 Manner of Taking Poll ......................................................................................26 Meeting May Continue ..................................................................................26 Voting by Joint Holders ...................................................................................26 Shareholder under Disability ..........................................................................27 Payment of Calls..............................................................................................27 Objection to Voting ........................................................................................27 Proxies ...............................................................................................................27 Electronic Appointment of Proxy ..................................................................28 Proxy Votes .......................................................................................................28 Representatives of Corporate Shareholders................................................28 THE DIRECTORS ........................................................................................................... 28 13.1 13.2 13.3 Number of Directors ........................................................................................29 Rotation of Directors .......................................................................................29 Election of Directors ........................................................................................29 13.4 13.5 13.6 13.7 13.8 13.9 13.10 14. POWERS AND DUTIES OF DIRECTORS ......................................................................... 31 14.1 14.2 14.3 14.4 14.5 14.6 15. Meetings to be Effectual ................................................................................37 Procedure at Meetings ...................................................................................37 Minutes ..............................................................................................................37 Definition ...........................................................................................................38 MANAGING AND EXECUTIVE DIRECTORS ................................................................. 38 17.1 17.2 17.3 17.4 17.5 18. Convening a Meeting.....................................................................................33 Procedure at Meetings ...................................................................................33 Quorum .............................................................................................................33 Secretary May Attend and Be Heard ...........................................................33 Majority Decisions ............................................................................................33 Casting Votes ...................................................................................................33 Alternate Directors ..........................................................................................33 Continuing Directors May Act .......................................................................34 Chairman ..........................................................................................................34 Committees ......................................................................................................34 Written Resolutions...........................................................................................35 Defective Appointment..................................................................................35 Directors May Hold Other Offices..................................................................35 Directors May Hold Shares, etc......................................................................35 Directors Not Accountable for Benefits ........................................................35 Disclosure of Interests in Related Matters .....................................................35 Disclosure of Shareholding .............................................................................36 Related Body Corporate Contracts..............................................................36 Voting, Affixation of Seal ................................................................................36 Home Branch to be Advised .........................................................................36 MEETING BY INSTANTANEOUS COMMUNICATION DEVICE ...................................... 37 16.1 16.2 16.3 16.4 17. Management of the Company ....................................................................31 Borrowings ........................................................................................................31 Attorneys ...........................................................................................................32 Cheques, etc. ..................................................................................................32 Retirement Benefits for Directors ...................................................................32 Securities to Directors or Shareholders ..........................................................32 PROCEEDINGS OF DIRECTORS ................................................................................... 33 15.1 15.2 15.3 15.4 15.5 15.6 15.7 15.8 15.9 15.10 15.11 15.12 15.13 15.14 15.15 15.16 15.17 15.18 15.19 15.20 16. Additional Directors .........................................................................................29 Removal of Director ........................................................................................30 Vacation of Office ..........................................................................................30 Remuneration ..................................................................................................30 Initial Fees to Directors ....................................................................................31 Expenses ...........................................................................................................31 No Share Qualification....................................................................................31 Appointment ....................................................................................................38 Remuneration ..................................................................................................38 Powers ...............................................................................................................38 Rotation ............................................................................................................38 Secretary...........................................................................................................38 SEALS .......................................................................................................................... 38 18.1 Common Seal ..................................................................................................38 18.2 18.3 19. ACCOUNTS, AUDIT AND RECORDS ........................................................................... 39 19.1 19.2 19.3 20. Capitalisation ...................................................................................................42 Application of Capitalised Amounts.............................................................43 Procedures .......................................................................................................43 BONUS SHARE PLAN ................................................................................................... 43 23.1 23.2 24. Dividends ..........................................................................................................41 Interim Dividend...............................................................................................41 No Interest ........................................................................................................41 Reserves ............................................................................................................41 Alternative Method of Payment of Dividend ..............................................41 Payment of Dividends .....................................................................................42 Unclaimed Dividends ......................................................................................42 Breach of Restriction Agreement ..................................................................42 CAPITALISATION OF PROFITS ..................................................................................... 42 22.1 22.2 22.3 23. Minutes to be Kept ..........................................................................................40 Signature of Minutes........................................................................................40 Requirements of the Corporations Act.........................................................40 DIVIDENDS AND RESERVES ........................................................................................ 41 21.1 21.2 21.3 21.4 21.5 21.6 21.7 21.8 22. Accounting records to be kept .....................................................................40 Audit ..................................................................................................................40 Inspection .........................................................................................................40 MINUTES...................................................................................................................... 40 20.1 20.2 20.3 21. Execution of Documents Without a Seal ......................................................39 Share Seal .........................................................................................................39 Authorisation of Bonus Share Plan .................................................................43 Amendment and Revocation .......................................................................44 DIVIDEND REINVESTMENT PLAN ................................................................................. 44 24.1 24.2 Authorisation of Dividend Reinvestment Plan .............................................44 Amendment and Revocation .......................................................................44 25. ISSUE CAP FOR OFFERS INVOLVING MONETARY CONSIDERATION UNDER AN EMPLOYEE INCENTIVE SCHEME................................................................................................ 44 26. NOTICES ..................................................................................................................... 44 26.1 26.2 26.3 26.4 26.5 26.6 26.7 27. Service...............................................................................................................44 Deemed receipt of Notice.............................................................................45 Notice to Joint Holders....................................................................................45 Notices to Personal Representatives and Others ........................................45 Persons Entitled to Notice ...............................................................................46 Change of Address .........................................................................................46 Incorrect Address ............................................................................................46 WINDING UP ............................................................................................................... 46 27.1 27.2 27.3 27.4 Distribution in Kind............................................................................................46 Trust for Shareholders ......................................................................................46 Distribution in Proportion to Shares Held .......................................................47 Order for winding up .......................................................................................47 28. INDEMNITIES AND INSURANCE .................................................................................. 47 28.1 28.2 28.3 28.4 28.5 Liability to Third Parties ....................................................................................47 Defending Proceedings..................................................................................47 Insurance ..........................................................................................................48 Disclosure ..........................................................................................................48 Definition ...........................................................................................................48 29. DIRECTORS ACCESS TO INFORMATION..................................................................... 49 30. OVERSEAS SHAREHOLDERS ........................................................................................ 49 31. LOCAL MANAGEMENT............................................................................................... 49 31.1 31.2 31.3 31.4 Local Management ........................................................................................49 Local Boards or Agencies...............................................................................49 Appointment of Attorneys ..............................................................................49 Authority of Attorneys .....................................................................................50 32. DISCOVERY ................................................................................................................ 50 33. COMPLIANCE (OR INCONSISTENCY) WITH THE LISTING RULES................................. 50 34. CONSISTENCY WITH CHAPTER 2E OF THE CORPORATIONS ACT .............................. 50 34.1 34.2 Requirements of Chapter 2E ..........................................................................50 Definitions .........................................................................................................51 35. INADVERTENT OMISSIONS ......................................................................................... 51 36. PARTIAL TAKEOVER PLEBISCITES ................................................................................ 51 36.1 36.2 36.3 36.4 36.5 36.6 37. Resolution to Approve Proportional Off-Market Bid ...................................51 Meeting