Kumul to acquire a 20% interest in Simberi Gold Project

• St Barbara Limited (“St Barbara” or “the Company”) (ASX: SBM) and Kumul Mineral Holdings Limited (“Kumul”) have signed binding agreements for Kumul to acquire a 20% interest in the Simberi Gold Project (“Simberi”) for consideration of A$100 million • This agreement follows the Memorandum of Understanding (MOU) entered into on 9 December 2024 between St Barbara and Kumul • St Barbara’s subsidiary