Siren Gold Limited Annual Report 2021

Chairman’s Letter On behalf of the Board of Directors I would like to thank all shareholders who have continued supporting Siren Gold since the IPO in October 2020. Dear fellow Stakeholders, So much has happened in the global community since we listed over 14 months ago but right from the outset Siren Gold set itself on a multi-pronged but focussed course to rapidly achieve certain milestones, being to: – locate the orebody at Alexander River and commence drilling towards an inferred resource; – identify the various lodes at Big River and determine the significant potential along strike; – understand the geology at Lyell and Golden Point and commence exploration; and – identify significant new exploration areas and generate new targets. Looking back at some of the various announcements made during the last 12 months, it is clear to me that all of these milestones have been achieved and that additional progress has been made, as exemplified by the following ASX announcement headlines: – Siren Strikes Significant Gold Mineralisation at Reefton – Maiden Exploration Target at Siren’s Big River – New 3km Long Target Discovered at Lyell – Scoping Study for Process Plant at Reefton – New 3km mineralised zone discovered at St George – UG Scoping Study at Big River and Alexander River – Alexander River Resource Estimate It usually takes many years of dedicated hard work to progress a project from initial discovery to early scoping study stage but the fact that this has already been achieved in the case of Siren Gold’s Reefton Project is testament to the outstanding potential of this long-forgotten region and it showcases the significant exploration potential of Siren Gold’s Reefton tenement package overall. It is also worth noting at this point that Siren Gold’s neighbours are also having good success, with Reefton Goldfields Inc making a significant new gold discovery to the north of Reefton and Federation Mining continuing its rapid advance on the twin decline project at the Snowy River Blackwater Mine. I might also highlight that all these exploration activities are happening within a 50km radius of one another, which certainly bodes well for the region. As the Company advances its plans further over the next 12 months, we anticipate a busy and positive continuation of our previous year, firstly with the maiden resource estimate at Alexander River, along with the Process Plant Scoping Study, and the Alexander River and Big River exploration decline scoping studies to be completed in April / May. Thereafter we expect ongoing progress by increasing the overall Exploration Targets at Alexander River and Big River with ~20,000m drilling planned for 2022. I would also like to remind investors of the upside exploration potential to deliver on our Lyell, St George, Reefton South and Bell Hill tenements and the many geological similarities that Reefton holds to the Victorian Goldfields in Australia, particularly the ~5M oz Fosterville Gold Mine. On a personal level I would like to thank all stakeholders for their support since listing, but particularly those in the Top 20 who have remained on board and who were central to the success of the Company’s recent fundraising activities. Yours sincerely Brian Rodan Chairman Annual Report 2021 1