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Ludi Namibia Mining and Investments (Pty) Ltd, herein referred to as the Proponent, holds mineral rights under Mining License (ML) No. 205, located in the Karibib District, Erongo Region. The ML was issued on March 19, 2019, and remains valid until March 18, 2029, encompassing a total area of 502.796 hectares. The current delineated marble resources within the license area amount to 32 million cubic meters and ongoing and planned exploration activities are projected to increase this resource fourfold.

Renewal of expired ECC -0111 - to continue with the exploration activities.

Previous ECC expired in November 2023, while Stone Quarrying operations are expected to continue into the future.

To do quarrying activities at Dorob National Park as per Authorization and Lease Agreement entered into between the Government of the Republic of Namibia, represented by the Ministry of Works and Transport and the Ministry of Environment, Forestry and Tourism and Waken Contractors Close Corporation, represented by Mrs. Freddie Hambeleleni Elifas.

ECC Renewal for Green Energy - Solar Power Plant "Omaere Solar Plant" Establishment.

Application for an Environmental Clearance Certificate.

The Renewal of the Environmental Clearance Certificate is for: Continuation of the Solar Power Plant operation project on ML 142, for which an Environmental Clearance was obtained during September 2017 (see attached Appendix B to the cover letter), which requires authorisation in terms of the Environmental Management Act, 2007 (Act 7 of 2007) i.e. Energy Generation, Transmission and Storage activities. Title of Activity: Continuation of the Solar Power Plant operation project on ML 142.

For Mining Claim to do Industrial Minerals and Dimension Stone Mining.

The Renewal of the Environmental Clearance Certificate is for: Continuation of an existing mining activity, for which an Environmental Clearance was obtained during June 2017, which requires authorisation in terms of the Minerals (Prospecting and Mining) Act (No. 33 of 1992). 2. Details of the Activity(s) covered by the Environmental Clearance Certificate: 2.1 Title of the Activity: Continuation of the mining for mineral dimension stone (i.e. marble and granite) on ML 142 hold by Namibia Marble and Granite (PTY) Ltd. (NAMAGRA).