Announcement PDF 604 page 1 of 2 Form 604 Corporations Act 2001 Section 671B Notice of change of interests of substantial holder To Company Name/Scheme Culpeo Minerals Limited ACN/ARSN 72 627 735 531 1. Details of substantial holder (1) Name The Bank of Nova Scotia and each of its controlled entities including those listed in Annex A (Substantial Holders) ACN/ARSN (if applicable) N/A There was a change in the interests of the substantial holder on The previous notice was given to the company on The previous notice was dated June / 28 / 2024 June / 24 / 2024 June / 24 / 2024 2. Previous and present voting power The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows: Class of securities (4) Ordinary fully paid (Shares) Previous notice Present notice Person’s votes Voting power (5) Person’s votes Voting power (5) 8,450,000 5.11% 11,000,000 6.65% (based on 165,372,223 Shares on issue) 3. Changes in relevant interests Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows: Date of change Person whose relevant interest changed Nature of change (6) Consideration given in relation to change (7) Class and number of securities affected Person’s votes affected June 24, 2024 1832 Asset Management L.P. (“1832AMLP”), manager of the Dynamic/Scotia Funds and its general partner 1832 Asset Management G.P. Inc. (“1832AMGP”) Same as above Increase in relevant interest of Shares pursuant to in market buys on the ASX AUD 0.0441 186,068 shares 186,068 Same as above AUD 0.0468 613,932 shares 613,932 Same as above Same as above AUD 0.0480 200,846 shares 200,846 Same as above Same as above AUD 0.0500 589,154 shares 589,154 Same as above Same as above AUD 0.0496 960,000 shares 960,000 June 25, 2024 June 26, 2024 June 27, 2024 June 28, 2024 Form 604 – Culpeo Minerals Limited – July 2024form 604-Culpeo Minerals Limited - Jul24 - final.docx 604 page 2/2 4. Present relevant interests The particulars of each relevant interest of the substantial holder in voting securities after the change are as follows: Holder of relevant interest Registered holder of securities Person entitled to be registered as holder (8) Nature of relevant interest (6) Class and number of securities Person’s votes 1832 Asset Management L.P. State Street Trust Company, Canada Various investment funds of 1832 Asset Management L.P. 1832 Asset Management L.P. is the manager of various investment funds and in that capacity has the power to purchase and/or dispose of the shares. Relevant interest under section 608(1) as a result of the power to control the voting and/or disposal of the Shares as trustee, investment manager or portfolio manager. 11,000,000 shares 11,000,000 5. Changes in association The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows: Name and ACN/ARSN (if applicable) Nature of association N/A N/A 6. Addresses The addresses of persons named in this form are as follows: Name Address The Bank of Nova Scotia 40 King Street West, Toronto, Ontario, Canada M5H 3Y2 1832 Asset Management L.P. and other Substantial Holders Scotiabank North, 40 Temperance Street, 16th Floor, Toronto, Ontario M5H 0B4 Signature print name David Reeder Capacity: Director, Asset Management Compliance, 1832 Asset Management L.P. (a wholly-owned subsidiary of the Bank of Nova Scotia) sign here “David Reeder” Date 02 / July / 2024 604 GUIDE page 1/1 13 March 2000 ANNEXURE A 1832 Asset Management L.P. (1832AMLP) – 1832AMLP was formed as a limited partnership under the laws of Ontario, Canada, and its general partner is 1832 Asset Management G.P. Inc., each of which are a wholly-owned subsidiary of The Bank of Nova Scotia. This is the annexure of 1 page marked A referred to in Form 604: Notice of Change of Interests of Substantial Holder signed by me. “David Reeder” __________________________________________ David Reeder, Director, Asset Management Compliance 1832 Asset Management L.P. (a wholly-owned subsidiary of the Bank of Nova Scotia) July 2, 2024 __________________________________ Date