https://www.moneyweb.co.za/mny_sens/bhp-group-plc-update-on-recommended-offer-for-noront-resources-limited-2/

BHP extends tender expiry while progressing discussions with Wyloo Metals

Melbourne, Victoria – November 10, 2021 – BHP Lonsdale Investments Pty Ltd (“BHP Lonsdale”), a wholly
owned subsidiary of BHP, announced today that it is progressing discussions with Wyloo Metals Pty Ltd (“Wyloo
Metals”) regarding its potential support of BHP’s C$0.75 per share offer to acquire Noront Resources Ltd.
(TSXV:NOT) (“Noront”). To allow more time for those discussions to progress, BHP is extending the expiry of its
offer from 7:00 p.m. (Toronto Time) on November 16, 2021 to 7:00 p.m. (Toronto Time) on November 30, 2021.
The earliest time BHP will be taking up Noront shares under its offer will be at the new expiry time.

BHP and Wyloo Metals have continued their conversations and are considering a mutually beneficial arrangement
regarding the acquisition of Noront by BHP. There is no assurance that any agreement will be reached between
BHP and Wyloo Metals.

For Noront shareholders
A notice of variation (the “Notice of Variation”) in respect of the change to the initial expiry will be mailed shortly to
Noront shareholders and will be available under Noront’s profile on SEDAR at www.sedar.com and on Noront’s
website at www.norontresources.com.