Receipt of Section 249D Notices

(TheNewswire)

7 March 2025 – TheNewswire - Jervois Global Limited (“ Jervois ” or the“ Company ”) advises in accordance with ASX Listing Rule 3.17A thatit has received two notices from a group of shareholders holding atleast 5% of the votes that may be cast at a general meeting of theCompany (“ RequisitioningShareholders ”).

The first notice is purportedly given under section249D of the Corporations Act 2001 (Cth) (“ Corporations Act ”).The notice requests that the Company call and arrange to hold ageneral meeting of shareholders for the purposes of considering and,if thought fit, passing the resolutions set out in Part A of theattachment.

The second notice is also purportedly given undersection 249D of the Corporations Act. The notice requests that theCompany call and arrange to hold a general meeting of shareholders forthe purposes of considering and, if thought fit, passing theresolutions set out in Part B of the attachment.

The Company is considering if the notices are valid andthe directors will comply with their obligations under theCorporations Act.

The Company will update shareholders on any materialdevelopments.

On behalf of Jervois Global Limited

Bryce Crocker, CEO

For further information, please contact:

Neither TSX Venture Exchange nor itsRegulation Services Provider (as that term is defined in policies ofthe TSX Venture Exchange) accepts responsibility for the adequacy oraccuracy of this release.

Attachment

Part A

Resolution 1 -Special resolution to amend Constitution

That the Company's Constitution beamended by the insertion of the following new

clause 52A:

52A        Member resolutions at general meeting

52A. 1         The Members ingeneral meeting may by ordinary resolution express an opinion, ask forinformation, or make a request, about the way in which a power of theCompany partially or exclusively vested in the Directors has been orshould be exercised. However, such a resolution must relate to anissue of material relevance to the Company or the Company’s businessas identified by the Company, and cannot either advocate action whichwould violate any law or relate to any personal claim or grievance.Such a resolution is advisory only and does not bind the Directors orthe Company.

Resolution 2 -Ordinary resolution on the Recapitalisation Proposal announced 2January 2025

With regard to the proposal( Recapitalisation Proposal )set out in the Company's announcement dated 2 January 2025 titled'Jervois Global signs recapitalisation agreement', theShareholders:

1. (a) do notapprove of the Recapitalisation Proposal;

2. (b) requestthat the Company and its related entities (including, but not limitedto, Jervois Texas, LLC), to the fullest extent lawfully possible,immediately cease all acts undertaken for the purpose of giving effectto the Recapitalisation Proposal;

3. (c) requestthat the Company and its related entities (including, but not limitedto, Jervois Texas, LLC), to the fullest extent lawfullypossible:

(i)        withdraw the"Joint Prepackaged Chapter 11 Plan of Reorganization of JervoisTexas, LLC and its Debtor Affiliates" (the Plan ) filed by Jervois Texas, LLC in theUnited States Bankruptcy Court for the Southern District of Texas onabout 28 January 2025;

(ii) otherwise take steps to oppose the UnitedStates Bankruptcy Court for the Southern District of Texas grantingapproval of the Plan; and

1. (d) requestthat the Board immediately develop and implement an alternativestrategy which does not involve the Shareholders losing the value oftheir investment in the Company.

Part B

Resolution 1 -Removal of Bryce Crocker as a director

That, pursuant to section 203D ofthe Corporations Act and the Company's Constitution, Bryce Crocker beremoved as a director of the Company effective immediately on thepassing of this resolution.

Resolution 2 -Removal of Peter Johnston as a director

That, pursuant to section 203D ofthe Corporations Act and the Company's Constitution, Peter Johnston beremoved as a director of the Company effective immediately on thepassing of this resolution.

Resolution 3 -Removal of Brian Kennedy as a director

That, pursuant to section 203D ofthe Corporations Act and the Company's Constitution, Brian Kennedy beremoved as a director of the Company effective immediately on thepassing of this resolution.

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