Announcement PDF ASX Announcement 20 May 2021 Share Purchase Plan Offer Extended to 4 June 2021 Buru Energy Limited (Buru Energy) advises that the closing date of the Share Purchase Plan Offer originally announced to ASX on 30 April 2021 (Offer), will be extended from Monday, 24 May 2021 to the revised closing date of Friday, 4 June 2021. The full terms and conditions of the Offer were included in the SPP Booklet announced to ASX when the Offer opened on 6 May 2021. Capitalised terms in this announcement have the same meaning as set out in the SPP Booklet. The extension will ensure that all Eligible Shareholders have additional time to participate in the Offer, considering2018 the additional information that was set out in the separate drilling program 16 October update ASX release made today. Shareholders that have already applied for SPP Shares under the Offer are not required to resubmit their application form unless they wish to apply for additional shares up to a maximum application amount of $30,000 as referred to in the SPP Booklet. All other terms and conditions of the Offer remain the same as set out in the SPP Booklet. Participation in the Offer is optional and there is no requirement for Eligible Shareholders to participate. Eligible Shareholders are able to apply for SPP Shares at an issue price of $0.16 per SPP Share up to a maximum of $30,000 in value or a total of 187,500 shares without incurring any brokerage. Applications must be in increments as set out in the SPP Booklet that should be referred to for details of the Offer. The revised indicative timetable for the Offer is set out below: Event Date* Record Date for Share Purchase Plan 7:00pm (Sydney time) Thursday, 29 April 2021 Dispatch Share Purchase Plan documentation to shareholders and release same to ASX Thursday, 6 May 2021 Opening Date of the Share Purchase Plan Thursday, 6 May 2021 Revised closing date for Share Purchase Plan 5:00pm (Sydney time) Friday, 4 June 2021 Announcement of result of Share Purchase Plan Wednesday, 9 June 2021 Issue of new Shares under the Share Purchase Plan and lodge Appendix 2A Thursday, 10 June 2021 *Despite this extension, these dates continue to be indicative only. Buru Energy may vary the dates and times of the Offer without notice. Accordingly, Eligible Shareholders wishing to subscribe under the Offer are encouraged to submit their Applications as early as possible. For further information or assistance, please call the Buru SPP Information Line, Monday to Friday, between 8:30am and 7:30pm (Sydney time) on 1300 202 738 (within Australia) or +61 1300 202 738 (outside Australia). This ASX announcement has been authorised for release by the Buru Energy Board. 1 Level 2, 16 Ord St West Perth WA 6005 1800 337 330 info@buruenergy.com ABN 71 130 651 437 For further information on Buru Energy’s current and future activities, visit www.buruenergy.com or contact Eric Streitberg, Executive Chairman Telephone: Freecall: Email: +61 8 9215 1800 1800 337 330 info@buruenergy.com Media enquiries Peter Kermode, Cannings Purple +61 411 209 459 pkermode@canningspurple.com.au Investor relations Evy Litopolous, ResolveIR +61 419 773 505 evy@resolveir.com Disclaimers Not an offer The information in this announcement does not constitute investment or financial product advice or any recommendation to acquire SPP Shares. It does not take into account any individual’s investment objectives, financial situation or particular needs. Before making an investment decision, prospective investors should consider the appropriateness of the information from their individual perspective and, if in doubt, seek professional financial, legal or taxation advice. This announcement is not an offer or an invitation to acquire SPP Shares or any other financial products and is not a prospectus, product disclosure statement or other offering document under Australian law or any other law. It is for information purposes only. This statement does not constitute an offer of any securities for sale. Not for release or distribution in the United States This announcement has been prepared for publication in Australia and may not be released to US wire services or distributed in the United States. This announcement does not constitute an offer to sell, or the solicitation of an offer to buy, any securities in the United States or to, or for the account or benefit of, any U.S. Person (as defined in Regulation S under the U.S. Securities Act of 1933, as amended (the US Securities Act)) (U.S. Person). Any securities described in this announcement have not been and will not be registered under the US Securities Act or the securities laws of any state or other jurisdiction of the United States and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. Persons absent registration or in a transaction exempt from, or not subject to, the registration requirements of the US Securities Act and applicable state securities laws. 2 Level 2, 16 Ord St West Perth WA 6005 1800 337 330 info@buruenergy.com ABN 71 130 651 437