Strategic Review, page-40

Top 20 ShareholdersAbout the DataNameSharesCapitalCrocodile Gold Australia Pty Ltd34,829,14510.60%VBS Exchange Pty Ltd34,821,55110.59%Holdings associated with Kevin Wilson13,306,0854.05%Holdings associated with Geoff McDermott12,278,5683.73%Tattersfield Securities Pty Ltd12,130,0003.69%Holdings associated with John Dorward9,206,5422.80%Mr Stuart Baden Boyce & Mrs Mary Ellen Boyce 6,140,0001.87%Chalice Gold Mines Limited6,000,0001.82%Holdings associated with Colin Naylor5,247,8951.60%Wythenshawe Pty Ltd 5,000,0001.52%Sacrosanct Pty Ltd4,541,3391.38%ESM Limited3,700,0001.13%Mad Fish Management3,644,0001.11%Auralandia Pty Ltd3,500,0001.06%Yavern Creek Holdings Pty Ltd3,040,0000.93%Spruzen Corporation Pty Ltd2,700,0000.82%Mr Ashley Forster2,619,9210.80%Dr Stephen Garth Nordstrom2,200,0000.67%Mr Ralph Douglas Russell & Ms Ann Maree Hynes2,159,9150.66%Valleytech Instrumentation Pty Ltd2,100,0000.64%All other shareholders48.53 % HIDEThe Top 20 Shareholders of NML hold 51.47% of shares on issue.

Current Top 20 as of 3rd October 2018