Shareholder Update March 2025

Another Friday night announcement.

This is from the PLS site:

26 March 2025
ATO Class Rulings
Scheme Class Ruling
Pilbara Minerals Limited (ASXLS) (PLS or the Group) advises that the Australian Taxation Office
(ATO) has published a Class Ruling (CR 2025/24) (the Scheme Ruling) relating to the Australian
income tax implications for certain Latin Resources Limited (Latin Resources) shareholders (Latin
Resources Shareholders) and for certain Latin Resources optionholders (Latin Resources
Optionholders) in relation to their disposal of Latin Resources shares and Latin Resources options
respectively through the schemes of arrangement (Schemes) which were implemented on 4 February
2025.
The Scheme Ruling confirms the availability of scrip for scrip capital gains tax roll-over relief for certain
Latin Resources Shareholders. The Scheme Ruling also confirms that scrip for scrip capital gains tax
roll-over relief is not available for Latin Resources Optionholders.
The Scheme Ruling can be viewed or downloaded from the ATO website via the following link:
https://ato.gov.au/law/view/document?DocID=CLR/CR202524/NAT/ATO/00001&PiT=9999123123595
8.
Demerger Class Ruling
PLS advises that the ATO has also published a Class Ruling (CR 2025/23) (the Demerger Ruling)
relating to the Australian income tax implications for certain Latin Resources Shareholders who received
a return of capital by way of an in specie distribution of shares in ESG Minerals Limited (Demerger)
which was implemented on 30 January 2025.
The Demerger Ruling confirms that demerger roll-over relief is not available for the Demerger. The
Demerger Ruling also confirms that no part of the value of the ESG Minerals Limited shares transferred
to certain Latin Resources Shareholders constituted a dividend.
The Demerger Ruling can be viewed or downloaded from the ATO website via the following link:
https://ato.gov.au/law/view/document?DocID=CLR/CR202523/NAT/ATO/00001&PiT=9999123123595
8

Scheme implemented 4 February, 2025 - ATO ruling 26 March 2025. Could be different but when we eventually get a ruling you can look it up on the ATO site AND it will be dated.