INDEPENDENCE GROUP NL ANNUAL REPORT 2017

COMPETENT PERSON STATEMENTS undertaken, to qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC Code). Each Competent Person named in Table 13 has also provided IGO with written consent to the inclusion in this report of the matters based on his or her, information in the form and context in which it appears, and that there are no issues that could be perceived as a material conflict of interest for public reporting. Information in this report that relates to Exploration Targets, Exploration Results, Mineral Resources or Ore Reserves is based on the information compiled by the Competent Persons named in Table 13, which also includes, details of their respective professional organisation memberships, and their relationships to IGO. All Competent Persons named in Table 13 have provided IGO with written confirmation that they have sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being COMPETENT PERSONS Competent Person Professional Membership 1 IGO Relationship Activity Responsibility Mr Paul Hetherington AusIMM – Member IGO full-time employee Data for Nova Operation Mineral Resource estimates Mr Mark Drabble AusIMM – Member Optiro Pty Ltd full-time employee Nova Operation Mineral Resource estimates Mr Rob Dennis AusIMM – Fellow IGO full-time employee Nova Ore Reserve estimates Mr Mark Kent AusIMM – Member AngloGold full-time employee Tropicana Mineral Resource estimates Mr Jason Vos AusIMM – Member AngloGold full-time employee Tropicana Ore Reserve estimates Ms Somealy Sheppard AIG – Member IGO full-time employee Long Operation Mineral Resource estimates Mr Mark Bradley AusIMM – Member IGO full-time employee Long Operation Ore Reserve estimates Mr William Stewart AusIMM – Member IGO full-time employee Jaguar Operation Mineral Resource estimates Mr Brent Kail AusIMM – Member Mining Plus Pty Ltd full-time employee Jaguar – Bentley Ore Reserve estimates Mr Daniel Donald AusIMM – Member Entech Pty Ltd full-time employee Jaguar – Triumph Ore Reserve estimates Mr Matt Dusci AIG – Member IGO full-time employee Stockman Mineral Resource estimates & Annual report Exploration Results Mr Geoff Davidson AusIMM – Member Mine & Cost Engineering full-time employee Stockman Ore Reserve estimates Mr Mark Murphy AIG – RPGeo IGO full-time employee Annual Report Mineral Resource & Ore Reserve statements TABLE 13 — 30 JUNE 2016 / 2017 1. AIG – Australian Institute of Geoscientists; AusIMM – Australasian Institute of Mining and Metallurgy 30 — IGO ANNUAL REPORT 2017