Announcement PDF 603 page 1/3 15 July 2001 Form 603 Corporations Act 2001 Section 671B Notice of initial substantial holder To Company Name/Scheme Cyprium Metals Limited ACN/ARSN 48 002 678 640 1. Details of substantial holder (1) Name PRCM Nominees Pty Ltd ACN/ARSN (if applicable) ACN 123 215 681 The holder became a substantial holder on 12 September 2023 2. Details of voting power The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in on the date the substantial holder became a substantial holder are as follows: Class of securities (4) Number of securities Person’s votes (5) Voting power (6) Ordinary Shares 3. 236,907,889 236,907,889 15.54% Details of relevant interests The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows: 4. Holder of relevant interest Nature of relevant interest (7) PRCM Nominees Pty Ltd Registered holder of ordinary shares in Cyprium Metals Limited Class and number of securities 236,907,889 ordinary shares in Cyprium Metals Limited Details of present registered holders The persons registered as holders of the securities referred to in paragraph 3 above are as follows: Holder of relevant interest Registered holder of securities Person entitled to be registered as holder (8) Class and number of securities 236,907,889 Ordinary shares in Cyprium Metals Limited PRCM Nominees Pty Ltd PRCM Nominees Pty Ltd PRCM Nominees Pty Ltd 103,216,636 Options (Exercisable at $0.06, expiring 31.12.2024) 603 5. page 2/3 15 July 2001 Consideration The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows: Holder of relevant interest Registered Holder of Security Date of acquisition Class and number of securities Consideration (9) Cash Non-cash PRCM Nominees Pty Ltd PRCM Nominees Pty Ltd 26 March 2021 $3,500,000 N/A 17,500,000 Ordinary Shares PRCM Nominees Pty Ltd PRCM Nominees Pty Ltd 4 March 2022 $99,962.50 N/A 727,000 Ordinary Shares PRCM Nominees Pty Ltd PRCM Nominees Pty Ltd 14 April 2022 $1,634,063 N/A 8,861,551 Ordinary Shares PRCM Nominees Pty Ltd PRCM Nominees Pty Ltd 5 September 2022 $389,397 N/A 3,386,068 Ordinary Shares PRCM Nominees Pty Ltd PRCM Nominees Pty Ltd 11 September 2023 $4,048,600 N/A 101,215,012 Ordinary Shares PRCM Nominees Pty Ltd PRCM Nominees Pty Ltd 11 September 2023 N/A 105,218,258 Ordinary Shares $4,208,730 103,216,636 Options PRCM Nominees Pty Ltd PRCM Nominees Pty Ltd 11 September 2023 nil N/A (Exercisable at $0.06, expiring 31.12.2024) 603 6. page 3/3 15 July 2001 Associates The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows: Name and ACN/ARSN (if applicable) 7. Nature of association Addresses The addresses of persons named in this form are as follows: Name Address PRCM Nominees Pty Ltd Suite 2, Level 6, 28 Margaret Street, Sydney NSW 2000 Signature print name Adrian Martin sign here capacity Director PRCM Nominees Pty Ltd date 13 September 2023 DIRECTIONS (1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 7 of the form. (2) See the definition of "associate" in section 9 of the Corporations Act 2001. (3) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001. (4) The voting shares of a company constitute one class unless divided into separate classes. (5) The total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an associate has a relevant interest in. (6) The person’s votes divided by the total votes in the body corporate or scheme multiplied by 100. (7) Include details of: (a) any relevant agreement or other circumstances by which the relevant interest was acquired. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and (b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies). See the definition of "relevant agreement" in section 9 of the Corporations Act 2001. (8) If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write “unknown.’” (9) Details of the consideration must include any and all benefits, moneys and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.