Announcement PDF DocuSign Envelope ID: 1124EDE5-5E59-4276-BDA2-DBC624A0926E 604 Page 1 of 4 15 July 2001 Form 604 Corporations Act 2001 Section 671B Notice of change of interests of substantial holder To Company Name/Scheme Cyprium Metals Limited (Cyprium) ACN/ARSN 48 002 678 640 1. Details of substantial holder (1) Flat Footed L.L.C (FFLLC), FF Hybrid, L.P (FFLP) and GP Recovery Fund L.L.C (GPRF) Name ACN/ARSN (if applicable) There was a change in the interests of the substantial holder on 23 /03 / 2024 The previous notice was given to the company on 08/10/2023 The previous notice was dated 08/10/2023 2. Previous and present 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 when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows: Class of securities (4) Ordinary Shares Previous notice Present notice Person’s votes Voting power (5) Person’s votes Voting power (5) 259,199,889 17.00% 152,470,000 10.00% 3. Changes in relevant interests Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows: Date of change Person whose relevant interest changed P R C M 23/03/2024 Nominees Pty Ltd Nature of change (6) Termination of 'Form of Voting Agreement and Irrevocable Proxy' Consideration given in relation to change (7) Class and number of securities affected Nil 106,729,889 Ordinary Shares Person's votes affected 106,729,889 4. Present relevant interests Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows: Holder of relevant interest Registered holder of securities FF Hybrid, L.P (FFLP) HSBC Custody Nominees (Australia) Limited Person entitled to be registered as holder (8) FF Hybrid, L.P Nature of relevant interest (6) Class and number of securities FFLP has a relevant interest pursuant to 99,745,874 Ordinary Shares Person's votes 99,745,874 DocuSign Envelope ID: 1124EDE5-5E59-4276-BDA2-DBC624A0926E 604 Page 2 of 4 15 July 2001 section 608(1)(b) and 608(1)(c) of the Corporations Act 2001 (Cth) (Corporations Act. 52,724,126 Ordinary Shares 52,724,126 52,724,126 Ordinary Shares 52,724,126 GPRF is associated with FFLP under section 12(2)(a)(iii) of the Corporations Act and as a result of this association, GPRF’s voting power is increased by the relevant interest in the Ordinary Shares held by FFLP. 99,745,874 Ordinary Shares 99,745,874 FFLLC is associated with GPRF under section 12(2)(a)(i) of the Corporations Act and is deemed to have a relevant interest in the Ordinary Shares held by GPRF under section 608(3) (b) of 52,724,126 Ordinary Shares 52,724,126 FFLP is associated with GPRF under section 12(2)(a)(iii) of the Corporations Act and as a result of this association, FFLP’s voting power is increased by the relevant interest in the Ordinary Shares held by GPRF. GPRF has a relevant interest pursuant to section 608(1) (b) and 608(1)(c) of the Corporations Act. GP Recovery Fund L.L.C (GPRF) Flat Footed L.L.C (FFLLC) HSBC Custody Nominees (Australia) Limited GP Recovery Fund L.L.C DocuSign Envelope ID: 1124EDE5-5E59-4276-BDA2-DBC624A0926E 604 Page 3 of 4 15 July 2001 the Corporations Act. FFLLC is associated with FFLP under section 12(2)(a)(i) of the Corporations Act and is deemed to have a relevant interest in the Ordinary Shares held by FFLP under section 608(3) (b) of the Corporations Act. 99,745,874 Ordinary Shares 99,745,874 5. Changes in association The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows: Name and ACN/ARSN (if applicable) Nature of association P R C M Nominees Pty Ltd ACN 123 215 681 Termination of 'Form of Voting Agreement and Irrevocable Proxy' 6. 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 Flat Footed L.L.C, FF Hybrid, L.P and GP Recovery Fund L.L.C c/- Flat Footed LLC, 3465 North Pines Way, Suite 104, Box 206, Wilson WYOMING 83014 HSBC Custody Nominees (Australia) Limited GPO Box 5302 Sydney NSW 2001 Signature print name Laura Arnold capacity sign here date CFO/CCO, Flat Footed L.L.C 20/ 03 / 2024 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 6 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. DocuSign Envelope ID: 1124EDE5-5E59-4276-BDA2-DBC624A0926E (4) The voting shares of a company constitute one class unless divided into separate classes. (5) The person's votes divided by the total votes in the body corporate or scheme multiplied by 100. (6) Include details of: 604 Page 4 of 4 15 July 2001 (a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. 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. (7) Details of the consideration must include any and all benefits, money 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. (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) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.