Gold Road Resources acquisition by Gruyere Holdings takes effect, shares suspended

Gold Road Resources Limited announced its scheme of arrangement for acquisition by Gruyere Holdings Pty Ltd (GHPL), a wholly-owned subsidiary of Gold Fields Limited, became legally effective on September 26, 2025. This follows the lodgement of Court Orders with ASIC. Consequently, Gold Road shares were suspended from trading on the ASX at the close of business on Friday, September 26, 2025.

A fully franked special dividend of A$0.43694 per Gold Road share will be paid to shareholders recorded on Tuesday, September 30, 2025, with payment expected on Tuesday, October 7, 2025. The final scheme consideration per Gold Road share is A$3.06423, comprising a fixed cash component of A$2.52 (less the special dividend) and a variable cash component of A$0.98117.

The variable cash consideration was determined by the volume weighted average price of Northern Star Resources Ltd shares over the five trading days up to and including Thursday, September 25, 2025. Scheme consideration will be paid to eligible shareholders on Tuesday, October 14, 2025, with the scheme record date set for Wednesday, October 8, 2025.