Announcement PDF Form 603 Corporations Act 2001 Section 671B Notice of initial substantial holder To Name/Scheme Company ACN/ARSN 1. EQ Resources Limited (EQR) 115 009 106 Details of substantial holder (1) Name EQ Resources Limited ACN (if applicable) 115 009 106 The holder became a substantial holder on 2. 18 January 2024 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) Ordinary shares 3. Number of securities 278,000,000 Persons' votes(5) 278,000,000 Voting power (6) 15.0043% 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: Holder of relevant interest EQR Nature of relevant interest (7) Class and number of securities A relevant interest held under section 608(1)(c) of the Corporations Act, as EQR controls the exercise of a power to dispose of securities (noting that the power to control disposal includes the ‘negative power’ of restriction) held by OCM Luxembourg Tungsten Holdings S.á r.l (OCM), by way of OCM’s registered holding of 278,000,000 ordinary shares being subject to a voluntary escrow arrangement in which OCM has agreed not to dispose of the securities during the escrow period. 278,000,000 ordinary shares Under section 608(9) of the Corporations Act 2001 (Cth) (Corporations Act) a body corporate (i.e.EQR) may have a relevant interest in its own securities. 4. Details of present registered holders The persons registered as holders of the securities referred to in paragraph 3 above are as follows: 5. Holder of relevant interest Registered holder of securities Person entitled to be registered as holder (8) Class and number of securities EQR OCM OCM 278,000,000 ordinary shares Consideration The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the 4 months prior to the day that the substantial holder became a substantial holder is as follows: Holder of relevant interest EQR 6. Date of acquisition 18 January 2024 Consideration (9) Cash Non-cash N/A N/A Class and number of securities 278,000,000 ordinary shares Addresses The addresses of persons named in this form are as follows: Name Address EQR EQ Resources Limited. Level 4, 100 Albert Road South Melbourne, VIC 3205 OCM 333 South Grand Avenue, 28th Foor, Los Angeles, California 90071, United States of America Signature print name sign here Oliver Kleinhempel capacity Non-executive Chairman date 23 / 01 / 2024