Ann: Response to ASX Price Query, page-2

@There has been meaningful recent media (namely podcast and social media) coverage of Agriminthat the Company submits is the likely cause of the recent trading in its shares. Such media coveragepertains to the Company’s exploration prospectivity in the West Arunta through its whollycontrolled tenements and those of its 40% owned subsidiary, Tali Resources Pty Ltd, and its indirectholding in WA1 Resources Ltd (ASX:WA1), the value of which, on a gross see-through basis, equatesto approximately $64 million as at the date of these responses to the ASX. The relevant mediacoverage refers to the Company’s tenement package and its close proximity to WA1 Resources’tenure (which includes the globally significant Luni niobium discovery) on the same interpretedgeological structures in the West Arunta Orogen. Recent exploration success in the West Aruntamay have also contributed to the increased interest in the Company’s securities. For example,Encounter Resources Limited (ASX:ENR) made two recent ASX announcements relating to drillingresults indicating the discovering of niobium, the latest announcement of which was made on 8 July2024, further highlighting prospectivity of the ground immediately adjacent to Agrimin’s whollycontrolled tenements. The Company considers the above to be the likely reason for the recent priceactivity in its shares.”