Announcement PDF ASX Announcement ASX: CYM | 19 OCTOBER 2026 T +61 8 6374 1550 E communications@cypriummetals.com W cypriummetals.com Level1, 437 Roberts Road Subiaco WA 6008 AUSTRALIA Cyprium Metals Limited ABN: 48 002 678 640 ASX: CYM NOTICE OF 2026 ANNUAL GENERAL MEETING AND RELATED DOCUMENTS Cyprium Metals Limited (ASX: CYM / OTCQB: CYPMF) (Cyprium or the Company) attaches the following documents in relation to the Annual General Meeting to be held on Wednesday, 18 November 2026 (AGM). • Letter to Shareholders in relation to the AGM; • Notice of AGM; and • Proxy Form. The Company advises that the Letter to Shareholders, Notice of AGM and Proxy Form is being dispatched today to Shareholders. This ASX announcement was authorised by the Board of Cyprium Metals Limited. ASX: CYM | 19 OCTOBER 2026 T +61 8 6374 1550 E communications@cypriummetals.com W cypriummetals.com Level1, 437 Roberts Road Subiaco WA 6008 AUSTRALIA Cyprium Metals Limited ABN: 48 002 678 640 ASX: CYM CYPRIUM METALS LIMITED – ANNUAL GENERAL MEETING LETTER TO SHAREHOLDERS AND PROXY FORM Dear Shareholder Cyprium Metals Limited (ASX: CYM) (Cyprium or the Company) advises that an Annual General Meeting of Shareholders will be held at 11:00am (AWST) on Wednesday, 18 November 2026 at the Vibe Hotel, 9 Alvan St, Subiaco WA 6008 (AGM or the Meeting). In accordance with Part 1.2AA of the Corporations Act 2001, the Company will only be dispatching physical copies of the Notice of Meeting (Notice) to Shareholders who have elected to receive the Notice in physical form. The Notice is being made available to Shareholders electronically and can be viewed and downloaded online at the following link: https://investorhub.cypriummetals.com/announcements. Alternatively, the Notice will also be available on the Company’s ASX market announcements page (ASX:CYM). This Notice is given based on circumstances as at the date of this letter. Should circumstances change, the Company will make an announcement on the ASX market announcements platform and on the Company’s website at https://investorhub.cypriummetals.com/announcements. Shareholders are urged to monitor the ASX announcements platform and the Company’s website. Your vote is important The business of the Meeting affects your shareholding and your vote is important. To vote in person, please pre-register in advance for the physical meeting by contacting the Company Secretary at david.hwang@cypriummetals.com. All resolutions will be decided on a poll. The poll will be conducted based on votes submitted by proxy and at the Meeting. Shareholders are strongly encouraged to complete and submit their vote by proxy by using one of the following methods: Online Scan the QR code below using your smartphone Lodge the Proxy Form online at https://singleholding.automic.com.au/login by following the instructions: • Login to the Automic website using the holding details as shown on the Proxy Form. • Click on ‘Meetings’ – ‘Vote’ To use the online lodgement facility, Shareholders will need their holder number (Securityholder Reference Number (SRN) or (Holder Identification Number (HIN)) as shown on the front of the Proxy Form. By post Completing the enclosed Proxy Form and posting it to: Automic, GPO Box 5193, Sydney NSW 2001 By hand Completing the enclosed Proxy Form and delivering it by hand to: 2 ASX: CYM | Automic, Level 5, 126 Phillip Street, Sydney NSW 2000 By email Completing the enclosed Proxy Form and emailing it to: meetings@automicgroup.com.au By facsimile +61 2 8583 3040 Your Proxy instruction must be received not later than 48 hours before the commencement of the Meeting. Proxy Forms received later than this time will be invalid. The Chair intends to vote on all open proxies in favour of all resolutions where permitted. On behalf of the Board, thank you for your continued support as a shareholder. We look forward to welcoming you to our AGM on Wednesday, 18 November 2026. Yours faithfully, David Hwang Company Secretary 3 ASX: CYM | For Enquiries: Angus Miles | VP – Corporate Development and Investor Relations +61 8 6374 1550 Chris Lim | External Media Relations Advisor +61 493 392 001 Follow Cyprium Metals: Subscribe to Email alerts https://cypriummetals.com/contact-us/subscribe-to-email-alerts/ LinkedIn https://www.linkedin.com/company/cyprium-metals/ X https://x.com/CypriumMetals 4 ASX: CYM | ABOUT US Cyprium Metals Limited (ASX: CYM / OTCQB: CYPMF) is an ASX-listed Australian copper company. Its flagship property is the Nifty Copper Complex in Western Australia, which previously produced significant copper from both oxide and sulphide resources. Cyprium is focused on redeveloping Nifty, which has the advantage of significant invested capital, data from a long operating history, large-scale resources, current operational approvals, and recent investment in the property. The Company’s other assets include significant copper-focused properties in the Paterson and Murchison Provinces, including multiple defined resources. For more information, visit: www.cypriummetals.com Near-term Producer Fast-track restart with low capex and near-term cash flow from heap leach reprocessing Advantage Tier-one copper assets in Western Australia with existing infrastructure and permits in place Exploration Highly prospective copper targets at Paterson and Cue support long-term growth pipeline CYPRIUM METALS LIMITED ACN 002 678 640 NOTICE OF ANNUAL GENERAL MEETING Notice is given that the Meeting will be held at: TIME: 11:00am (WST) DATE: Wednesday, 18 November 2026 PLACE: Vibe Hotel 9 Alvan St, Subiaco WA 6008 The business of the Meeting affects your shareholding and your vote is important. This Notice of Meeting should be read in its entirety. If Shareholders are in doubt as to how they should vote, they should seek advice from their professional advisers prior to voting. The Directors have determined pursuant to Regulation 7.11.37 of the Corporations Regulations 2001 (Cth) that the persons eligible to vote at the Meeting are those who are registered Shareholders at 4:00pm (WST) on Monday, 16 November 2026. 2 BUSINESS OF THE MEETING AGENDA 1. FINANCIAL STATEMENTS AND REPORTS To receive and consider the Annual Financial Report of the Company for the financial year ended 30 June 2026 together with the declaration of the Directors, the Director’s Report, the Remuneration Report and the Auditor’s Report. 2. RESOLUTION 1 – ADOPTION OF REMUNERATION REPORT To consider and, if thought fit, to pass, with or without amendment, the following resolution as a non-binding resolution: “That, for the purposes of section 250R(2) of the Corporations Act and for all other purposes, approval is given for the adoption of the Remuneration Report as contained in the Company’s annual financial report for the financial year ended 30 June 2026.” Note: the vote on this Resolution is advisory only and does not bind the Directors or the Company. A voting prohibition statement applies to this Resolution. Please see below. 3. RESOLUTION 2 – RE-ELECTION OF DIRECTOR – SCOTT PERRY To consider and, if thought fit, to pass, with or without amendment, the following resolution as an ordinary resolution: “That, for the purpose of clause 14.2 of the Constitution, Listing Rule 14.5 and for all other purposes, Scott Perry, a director, retires by rotation, and being eligible, is re-elected as a director.” 4. RESOLUTION 3 – RE-ELECTION OF DIRECTOR – JAMES (JIM) SIMPSON To consider and, if thought fit, to pass, with or without amendment, the following resolution as an ordinary resolution: “That, for the purpose of clause 14.2 of the Constitution, Listing Rule 14.5 and for all other purposes, James Simpson, a director, retires by rotation, and being eligible, is re-elected as a director.” 5. RESOLUTION 4 – APPROVAL OF 7.1A MANDATE To consider and, if thought fit, to pass the following resolution as a special resolution: “That, for the purposes of Listing Rule 7.1A and for all other purposes, approval is given for the Company to issue up to that number of Equity Securities equal to 10% of the issued capital of the Company at the time of issue, calculated in accordance with the formula prescribed in Listing Rule 7.1A.2 and otherwise on the terms and conditions set out in the Explanatory Statement.” 3 6. RESOLUTION 5 – APPROVAL OF ISSUE OF FY26 STI PURCHASED RIGHTS TO J MATTHEW FIFIELD, UNDER EMPLOYEE SECURITIES INCENTIVE PLAN To consider and, if thought fit, to pass, with or without amendment, the following resolution as an ordinary resolution: “That, for the purposes of ASX Listing Rule 10.14 and for all other purposes, the Shareholders of the Company approve the issue and allotment of 244,490 Purchased Rights under the Employee Securities Incentive Plan to J Matthew Fifield (or his nominee), Executive Chairman of the Company, and otherwise on the terms and conditions set out in the Explanatory Statement which accompanies and forms part of this Notice of Meeting.” A voting exclusion statement and voting prohibition statement apply to this Resolution. Please see below. 7. RESOLUTION 6 – APPROVAL OF ISSUE OF FY27 LTI PERFORMANCE RIGHTS TO J MATTHEW FIFIELD, UNDER EMPLOYEE SECURITIES INCENTIVE PLAN To consider and, if thought fit, to pass, with or without amendment, the following resolution as an ordinary resolution: “That, for the purposes of ASX Listing Rule 10.14 and for all other purposes, the Shareholders of the Company approve the issue and allotment of 2,024,963 Performance Rights under the Employee Securities Incentive Plan to J Matthew Fifield (or his nominee), Executive Chairman of the Company, and otherwise on the terms and conditions set out in the Explanatory Statement which accompanies and forms part of this Notice of Meeting.” A voting exclusion statement and voting prohibition statement apply to this Resolution. Please see below. 8. RESOLUTION 7 – APPROVAL TO INCREASE THE MAXIMUM AGGREGATE OF NON- EXECUTIVE DIRECTOR’S FEES To consider and, if thought fit, to pass, with or without amendment, the following resolution as an ordinary resolution: "That, for the purposes of ASX Listing Rule 10.17 and for all other purposes, the maximum aggregate amount of remuneration that may be paid to the Company's non-executive directors in any financial year is increased by $550,000, from $450,000 to $1,000,000, effective immediately." A voting exclusion statement and voting prohibition statement apply to this Resolution. Please see below. Dated: 19 October 2026 By order of the Board David Hwang Company Secretary 4 Voting Prohibition Statements Resolution 1 – Adoption of Remuneration Report A vote on Resolution 1 must not be cast (in any capacity) by or on behalf of either of the following persons: (a) a member of the Key Management Personnel, details of whose remuneration are included in the Remuneration Report; or (b) a Closely Related Party of such a member. However, a person (the voter) described above may cast a vote on Resolution 1 as a proxy if the vote is not cast on behalf of a person described above and either: (a) the voter is appointed as a proxy by writing that specifies the way the proxy is to vote on the Resolution; or (b) the voter is the Chair and the appointment of the Chair as proxy: i. does not specify the way the proxy is to vote on the Resolution; and ii. expressly authorises the Chair to exercise the proxy even though this Resolution is connected directly or indirectly with the remuneration of a member of the Key Management Personnel. Resolutions 5, 6 – Approval of issue of Rights to J Matthew Fifield under Employee Securities Incentive Plan Resolution 7 – Approval to Increase the Maximum Aggregate Amount of Non- Executive Director’s Fees In accordance with section 250BD of the Corporations Act, a person appointed as a proxy must not vote, on the basis of that appointment, on Resolutions 5 and 6 if: (a) the proxy is either: i. a member of the Company’s Key Management Personnel; or ii. a Closely Related Party of such a member; and (b) the appointment does not specify the way the proxy is to vote on the Resolutions. However, the above prohibition does not apply if: (a) the proxy is the Chair; and (b) the appointment expressly authorises the Chair to exercise the proxy even though the Resolutions are connected directly or indirectly with remuneration of Key Management Personnel. 5 Voting Exclusion Statements Resolution 4 – Approval of 7.1 Mandate The Company will disregard any votes cast in favour of Resolution 4 by or on behalf of: (a) A person who is expected to participate in, or who will obtain a material benefit as a result of, the proposed issue (except a benefit solely by reason of being a holder of ordinary securities in the Company); or (b) An Associate of that person or those persons. Resolutions 5, 6 – Approval of issue of Rights to J Matthew Fifield under Employee Securities Incentive Plan In accordance with Listing Rule 14.11, the Company will disregard any votes cast in favour of Resolutions 5 and 6 by or on behalf of the following persons: (a) Persons referred to in rule 10.14.1, 10.14.2 or 10.14.3 who are eligible to participate in the Employee Incentive Plan; or (b) An Associate of that person or those persons. Resolution 7 – Approval to Increase the Maximum Aggregate Amount of Non- Executive Director’s Fees In accordance with Listing Rule 14.11, the Company will disregard any votes cast in favour of the Resolution 7 by or on behalf of the following persons: (a) Any Director of the Company; or (b) An Associate of that person or those persons. However, the above Voting Exclusion Statements does not apply to a vote cast in favour of Resolutions 4 to 7 by: i. A person as proxy or attorney for persons who are entitled to vote on those Resolutions, in accordance with directions given to the proxy or attorney to vote on the Resolutions in that way; or ii. The Chair of the Meeting as proxy or attorney for a person who is entitled to vote on the Resolutions, in accordance with a direction given to the Chair to vote on the Resolutions as the Chair decides; or iii. A holder acting solely in nominee, trustee, custodial or other fiduciary capacity on behalf of a beneficiary provided the following conditions are met: • the beneficiary provides written confirmation to the holder that the beneficiary is not excluded from voting, and is not an associate of a person excluded from voting, on the Resolutions; and • the holder vote on the Resolutions in accordance with directions given by the beneficiary to the holder to vote in that way. Voting by proxy To vote by proxy, please complete the enclosed Proxy Form and return by the time and in accordance with the instructions set out on the Proxy Form. In accordance with section 249L of the Corporations Act, Shareholders are advised that: • each Shareholder has a right to appoint a proxy; • the proxy need not be a Shareholder of the Company; and • a Shareholder who is entitled to cast two or more votes may appoint two proxies and may specify the proportion or number of votes each proxy is appointed to 6 exercise. If the member appoints two proxies and the appointment does not specify the proportion or number of the member’s votes, then in accordance with section 249X(3) of the Corporations Act, each proxy may exercise one-half of the votes. Shareholders and their proxies should be aware that: • if proxy holders vote, they must cast all directed proxies as directed; and • any directed proxies which are not voted will automatically default to the Chair, who must vote the proxies as directed. Voting in person To vote in person, attend the Meeting at the time, date and place set out above. Should you wish to discuss the matters in this Notice of Meeting please do not hesitate to contact the Company Secretary on david.hwang@cypriummetals.com. 7 EXPLANATORY STATEMENT This Explanatory Statement has been prepared to provide information which the Directors believe to be material to Shareholders in deciding whether or not to pass the Resolutions. If you are in any doubt about what to do in relation to the Resolutions contemplated in the Notice of Meeting and this Explanatory Statement, it is recommended that you seek advice from an accountant, solicitor or other professional advisor. 1. FINANCIAL STATEMENTS AND REPORTS In accordance with the Corporations Act, the business of the Meeting will include receipt and consideration of the 30 June 2026 Annual Financial Report together with the declaration of the Directors, the Directors’ report, the Remuneration Report and the auditor’s report. The Company will not provide a hard copy of the Company’s Annual Financial Report to Shareholders unless specifically requested to do so. The Company’s Annual Financial Report is available on its website at https://investorhub.cypriummetals.com/annual-reports. 2. RESOLUTION 1 – ADOPTION OF REMUNERATION REPORT 2.1 General The Corporations Act requires that at a listed company’s annual general meeting, a resolution that the Remuneration Report be adopted must be put to the shareholders. However, such a resolution is advisory only and does not bind the company or the directors of the Company. The Remuneration Report sets out the Company’s remuneration arrangements for the directors and senior management of the Company. The Remuneration Report is part of the Directors’ Report contained in the Annual Financial Report of the Company for a financial year. The Chair of the Meeting must allow a reasonable opportunity for its Shareholders to ask questions about or make comments on the Remuneration Report at the Annual General Meeting. 2.2 Voting consequences A company is required to put to its shareholders a resolution proposing the calling of another meeting of shareholders to consider the appointment of directors of the company (Spill Resolution) if, at consecutive annual general meetings, at least 25% of the votes cast on a remuneration report resolution are voted against adoption of the Remuneration Report and at the first of those annual general meetings a Spill Resolution was not put to vote. If required, the Spill Resolution must be put to vote at the second of those annual general meetings. If more than 50% of votes cast are in favour of the Spill Resolution, the Company must convene a shareholder meeting (Spill Meeting) within 90 days of the second annual general meeting. 8 All of the directors of the Company who were in office when the Directors’ Report (as included in the Company’s Annual Financial Report for the most recent financial year) was approved, other than the managing director of the Company, will cease to hold office immediately before the end of the Spill Meeting but may stand for re-election at the Spill Meeting. Following the Spill Meeting those persons whose election or re-election as directors of the Company is approved will be the directors of the Company. 2.3 Previous voting results At the Company’s previous Annual General Meeting the votes cast against the Remuneration Report considered at that Annual General Meeting were less than 25%. Accordingly, the Spill Resolution is not relevant for this Annual General Meeting. 3. RESOLUTION 2 – RE-ELECTION OF DIRECTOR – SCOTT PERRY 3.1 General The Company’s Constitution requires that one third of the Directors shall retire from office. The retiring Directors must not be a Managing Director. The Directors to retire at the Annual General Meeting are those who have been in office the longest since their last election. ASX Listing Rule 14.5 also provides that an entity which has Directors must hold an election of Directors at each annual general meeting. Mr Scott Perry, who has served as a Director since 18 April 2024 and was last re- elected on 28 November 2024, retires by rotation and seeks re-election. 3.2 Qualifications and other material directorships Mr Perry is a seasoned leader with over 25 years in the mining sector. He brings extensive experience from his role as President & CEO of Centerra Gold Incorporated, where he elevated the company into a C$3 billion entity with operations across Canada, Kyrgyzstan, and Turkey. His prior roles include President and CEO of AuRico Gold and multiple CFO positions, highlighting his strong operating and governance expertise. Mr Perry served as a Board member and Chair of the Audit Committee of the World Gold Council from 2015-2021. 3.3 Independence Mr Perry has no interests, position or relationship that might influence, or reasonably be perceived to influence, in a material respect his capacity to bring an independent judgement to bear on issues before the Board and to act in the best interest of the Company as a whole rather than in the interests of an individual security holder or other party. If re-elected the Board considers Mr Perry will be an independent Director. 3.4 Board recommendation The Board considers that Mr Perry’s skills and experience will continue to enhance the Board’s ability to perform its role. 9 Accordingly, the Board supports the re-election of Mr Perry and recommends that Shareholders vote in favour of Resolution 2. 4. RESOLUTION 3 – RE-ELECTION OF JAMES (JIM) SIMPSON 4.1 General The Company’s Constitution requires that one third of the Directors shall retire from office. The retiring Directors must not be a Managing Director. The Directors to retire at the Annual General Meeting are those who have been in office the longest since their last election. ASX Listing Rule 14.5 also provides that an entity which has Directors must hold an election of Directors at each annual general meeting. Mr James (Jim) Simpson, who has served as a Director since 20 November 2025, retires by rotation and seeks re-election. 4.2 Qualifications and other material directorships Mr Simpson is a deeply experienced copper executive with significant experience in operational delivery, study development, and high growth companies. Mr Simpson was most recently the former Managing Director of Peel Mining, an Cobar-district copper developer, and before that the Managing Director of Aurelia Metals. During Mr Simpson’s time at Aurelia the company stabilized production at its first operation, acquired a second operation, repaid significant debt, and became an ASX 300 miner in the process. Mr Simpson’s early career focused on delivery of operations, studies and planning work in a variety of disciplines from underground mining to copper leaching operations. 4.3 Independence Mr Simpson has no interests, position or relationship that might influence, or reasonably be perceived to influence, in a material respect his capacity to bring an independent judgement to bear on issues before the Board and to act in the best interest of the Company as a whole rather than in the interests of an individual security holder or other party. If re-elected the Board considers Mr Simpson will be an independent Director. 4.4 Board recommendation The Board considers that Mr Simpson’s skills and experience will continue to enhance the Board’s ability to perform its role. Accordingly, the Board supports the re-election of Mr Simpson and recommends that Shareholders vote in favour of Resolution 3. 5. RESOLUTION 4 – APPROVAL OF 7.1A MANDATE 5.1 General Broadly speaking, and subject to a number of exceptions, Listing Rule 7.1 limits the amount of Equity Securities that a listed company can issue without the approval 10 of its shareholders over any 12-month period to 15% of the fully paid ordinary securities it had on issue at the start of that period. However, under Listing Rule 7.1A, an eligible entity may seek shareholder approval by way of a special resolution passed at its annual general meeting to increase this 15% limit by an extra 10% to 25% (7.1A Mandate). An ‘eligible entity’ means an entity which is not included in the S&P/ASX 300 Index and has a market capitalisation of $300,000,000 or less. The Company is an eligible entity for these purposes. The Company is an eligible entity as it is not included in the S&P/ASX 300 Index and has a market capitalisation of $245 million (based on the number of Shares on issue and the closing price of Shares on the ASX on 1 October 2026). Resolution 4 seeks Shareholder approval by way of special resolution for the Company to have the additional 10% placement capacity provided for in Listing Rule 7.1A to issue Equity Securities without Shareholder approval. For note, a special resolution is a resolution requiring at least 75% of votes cast by shareholders present and eligible to vote at the meeting in favour of the resolution. If Resolution 4 is passed, the Company will be able to issue Equity Securities up to the combined 25% limit in Listing Rules 7.1 and 7.1A without any further Shareholder approval. If Resolution 4 is not passed, the Company will not be able to access the additional 10% capacity to issue Equity Securities without Shareholder approval under Listing Rule 7.1A and will remain subject to the 15% limit on issuing Equity Securities without Shareholder approval set out in Listing Rule 7.1. 5.2 Technical information required by Listing Rule 7.1A Pursuant to and in accordance with Listing Rule 7.3A, the information below is provided in relation to Resolution 4: (a) Period for which the 7.1A Mandate is valid The 7.1A Mandate will commence on the date of the Meeting and expire on the first to occur of the following: (i) the date that is 12 months after the date of this Meeting; (ii) the time and date of the Company’s next annual general meeting; and (iii) the time and date of approval by Shareholders of any transaction under Listing Rule 11.1.2 (a significant change in the nature or scale of activities) or Listing Rule 11.2 (disposal of the main undertaking). (b) Minimum price Any Equity Securities issued under the 7.1A Mandate must be in an existing quoted class of Equity Securities and be issued at a minimum price of 75% of the volume weighted average price of Equity Securities in that class, calculated over the 15 trading days on which trades in that class were recorded immediately before: 11 (i) the date on which the price at which the Equity Securities are to be issued is agreed by the entity and the recipient of the Equity Securities; or (ii) if the Equity Securities are not issued within 10 trading days of the date in Section 5.2(b)(i), the date on which the Equity Securities are issued. (c) Use of funds raised under the 7.1A Mandate The Company intends to use funds raised from issues of Equity Securities under the 7.1A Mandate for: (i) evaluating and financing the Nifty Copper Mine; (ii) continued exploration at the Company’s other copper assets; (iii) general working capital in respect of the existing projects and corporate activities; and (iv) costs of the issues. (d) Risk of Economic and Voting Dilution Any issue of Equity Securities under the 7.1A Mandate will dilute the interests of Shareholders who do not receive any Shares under the issue. If Resolution 4 is approved by Shareholders and the Company issues the maximum number of Equity Securities available under the 7.1A Mandate, the economic and voting dilution of existing Shares would be as shown in the table below. The table below shows the dilution of existing Shareholders calculated in accordance with the formula outlined in Listing Rule 7.1A.2, on the basis of the closing market price at which Shares and the number of Equity Securities on issue or proposed to be issued as at 21 September 2026. The table also shows the voting dilution impact where the number of Shares on issue (Variable A in the formula) changes and the economic dilution where there are changes in the issue price of Shares issued under the 7.1A Mandate. Variable “A” ASX Listing Rule 7.1A.2 Potential Dilution and Funds Raised $0.2125 $0.425 $0.85 50% decrease in issue price issue price(b) 100% increase in issue price “A” is the number of shares on issue,(a) being 10% voting dilution(c) 57,807,973 57,807,973 57,807,973 578,079,732 Shares Funds raised $12,284,194 $24,568,389 $49,136,777 “A” is a 50% increase in shares on issue, being 10% voting dilution(c) 86,711,959 86,711,959 86,711,959 867,119,598 Shares Funds raised $18,426,291 $36,852,583 $73,705,165 “A” is a 100% increase in shares on issue, being 10% voting dilution(c) 115,615,946 115,615,946 115,615,946 1,156,159,464 Shares Funds raised $24,568,389 $49,136,777 $98,273,554 12 *The number of Shares on issue (Variable A in the formula) could increase as a result of the issue of Shares that do not require Shareholder approval (such as under a pro-rata rights issue or scrip issued under a takeover offer) or that are issued with Shareholder approval under Listing Rule 7.1. The table above uses the following assumptions: 1. There are currently 578,079,732 existing Shares as at the date of this Notice of Meeting. 2. The issue price set out above is the market price at closing on the ASX on 1 October 2026 (being $0.425). 3. The Company issues the maximum possible number of Equity Securities under the 7.1A Mandate. 4. The Company has not issued any Equity Securities in the 12 months prior to the Meeting that were not issued under an exception in Listing Rule 7.2 or with approval under Listing Rule 7.1. 5. The issue of Equity Securities under the 7.1A Mandate consists only of Shares. It is assumed that no Options are exercised into Shares before the date of issue of the Equity Securities. If the issue of Equity Securities includes quoted Options, it is assumed that those quoted Options are exercised into Shares for the purpose of calculating the voting dilution effect on existing Shareholders. 6. The calculations above do not show the dilution that any one particular Shareholder will be subject to. All Shareholders should consider the dilution caused to their own shareholding depending on their specific circumstances. 7. This table does not set out any dilution pursuant to approvals under Listing Rule 7.1 unless otherwise disclosed. 8. The 10% voting dilut