Change in substantial holding

Dear shareholders, I am pleased to share with you the latest update on our company, Marvel Gold Limited. For the six months ended 30 June 2023, we reported a decrease in net loss by 27% to A$5 million. This positive development was primarily driven by significant decreases in exploration expenses, share-based payments, and corporate administration expenses. Our basic earnings per share, excluding extraordinary items, remained stable at -A$0.01. We continue to focus on our gold exploration projects in South Mali, including the Tabakorole Gold, Yanfolila Gold, and Kolondieba Gold projects, which show great potential for gold mineralization. We remain committed to maximizing value for our shareholders. Best regards, [Owner's Name]