SunMirror AG: Extension of Offer for Takeover Offer on Latitude 66 Cobalt Limited

Zug, Switzerland: 22 March 2022. SunMirror AG ("SunMirror"; ISIN CH0396131929) hereby announces that its wholly-owned subsidiary SunMirror Luxembourg S.A. has filed with the Australian Securities and Investments Commission a 8-weeks extension notice in relation to the pending takeover offer regarding all outstanding ordinary shares in Latitude 66 Cobalt Limited ("Lat66") by which the closing date of the takeover offer is further extended to 17 May 2022, 5:00 p.m. (AWST) and the date for giving a notice of the status of the bid conditions is further extended to 10 May 2022.

Under consideration of the upcoming extension of the takeover offer, the expected extended timetable for completion of the takeover offer and subsequent acquisition of the entire issued share capital of Lat66 (plus all performance rights) is as follows:

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About SunMirror AG

The Group invests into strategic mineral exploration assets with a focus on sustainable green battery metals, like cobalt, lithium and nickel, as well as iron ore and gold deposits in developed markets. The company aims to either produce minerals at a later stage or sell those assets to strategic buyers. SunMirror is differentiated by taking a "mine-to-market" approach to sustainability across the value chain, creating a mining industry "best practice."

The company's shares (ISIN CH0396131929) are listed on the Vienna Stock Exchange (official market, ticker: ROR1) and are traded on the regulated unofficial markets Frankfurt, Düsseldorf and Berlin (ticker: ROR) as well as on tradegate and Xetra. For further information, please visit: www.sunmirror.com.

Contact
SunMirror AG
Steinhauserstrasse 74
6300 Zug
Switzerland
Tel: +41 (0) 43 505 1400
Email: info@sunmirror.com