Announcement PDF Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 1 / 7 Announcement Summary Entity name EQ RESOURCES LIMITED Date of this announcement Wednesday December 10, 2025 The +securities the subject of this notification are: Total number of +securities to be issued/transferred ASX +security code Security description Total number of +securities to be issued/transferred Issue date New class - code to be confirmed OPTION EXPIRING 13-OCT-2028 EX $0.05 5,000,000 10/12/2025 Refer to next page for full details of the announcement +Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 2 / 7 Part 1 - Entity and announcement details 1.1 Name of entity EQ RESOURCES LIMITED We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities. 1.2 Registered number type ACN Registration number 115009106 1.3 ASX issuer code EQR 1.4 The announcement is 1.5 Date of this announcement 10/12/2025 New announcement Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 3 / 7 Part 2 - Issue details 2.1 The +securities the subject of this notification are: 2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which: does not have an existing ASX security code ("new class") +Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 4 / 7 Part 3C - number and type of +securities the subject of this notification (new class) ASX +security code New class - code to be confirmed +Security description OPTION EXPIRING 13-OCT-2028 EX $0.05 +Security type Options ISIN code Date the +securities the subject of this notification were issued 10/12/2025 Will all the +securities issued in this class rank equally in all respects from their issue date? Were any of the +securities issued to +key management personnel (KMP) or an +associate? Provide details of the KMP or +associates being issued +securities. Name of KMP Name of registered holder Number of +securities Mr Jonathan Kort Mr Jonathan Kort 5,000,000 Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1? Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-03013805-2A1631591&v=undefined Options Details +Security currency AUD - Australian Dollar Exercise price AUD 0.05000000 Expiry date 13/10/2028 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option EQR : ORDINARY FULLY PAID Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-03013805-2A1631591&v=undefined Any other information the entity wishes to provide about the +securities the subject of this notification These options have been issued under the same terms and conditions as those that were approved to be issued to the Managing Director on 27 November 2025. The only difference being the expiry date. Yes Yes Yes Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 5 / 7 Issue details Number of +securities 5,000,000 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 6 / 7 Part 4 - +Securities on issue Following the issue, conversion or payment up of the +securities the subject of this notification, the +securities of the entity will comprise: The figures in parts 4.1 and 4.2 below are automatically generated and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX for processing. 4.1 Quoted +securities (Total number of each +class of +securities issued and quoted on ASX) ASX +security code and description Total number of +securities on issue EQR : ORDINARY FULLY PAID 3,795,435,087 4.2 Unquoted +securities (Total number of each +class of +securities issued but not quoted on ASX) ASX +security code and description Total number of +securities on issue EQRAT : OPTION EXPIRING 03-NOV-2028 EX $0.0448 56,920,030 EQRAU : OPTION EXPIRING 03-NOV-2028 EX $0.0512 56,920,030 EQRAO : OPTION EXPIRING 03-JUL-2026 EX $0.10 15,800,000 EQRAA : OPTION EXPIRING 18-JAN-2026 EX $0.10 78,000,000 EQRAR : OPTION EXPIRING 22-NOV-2026 EX $0.10 20,000,000 EQRAP : CONVERTIBLE NOTES 3,750,000 EQRAS : OPTION EXPIRING 29-NOV-2027 EX $0.07 73,300,000 EQRAQ : OPTION EXPIRING 29-MAY-2027 EX $0.0675 274,039,503 EQRAN : OPTION EXPIRING 31-JAN-2026 EX $0.065 1,250,000 New class - code to be confirmed : OPTION EXPIRING 13-OCT-2028 EX $0.05 5,000,000 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 7 / 7 Part 5 - Other Listing Rule requirements 5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? 5.1a Select the number of the applicable exception in Listing Rule 7.2 13 Yes