EQ Resources Limited Annual Report 2024

Sustainability As an early adopter of Environmental, Social, Governance (ESG) practices, EQ Resources is committed to responsible resource development, aligning its values with sustainable operations to drive economic growth while protecting the environment. EQR’s ESG strategy, built on the Turner and Townsend framework, aligns with global Sustainability Standards, including International Council on Mining and Metals (ICMM), Global Reporting Initiative (GRI), United Nations Sustainable Development Goals (UN SDGs) and Australian Climate Related Financial Disclosures. The program focuses on key areas important to the business and stakeholders, with a commitment to ongoing development of both environmental and social initiatives. For more details, visit the Sustainability page of EQR’s website. EQR Core Values Act Safe. Feel Safe. Embrace Difference Tread Lightly Dig Deep Buddy Up Lead with Integrity Act safe at work. Care and respect each other. Feel safe to be yourself. Diversity of thinking, skills and background creates value and drives innovation. Embed resource efficiency to minimise environmental footprint & deliver positive societal impact. Go one better. Strive to continuously learn and improve. Challenge the status quo. Collaboration is key to realising shared value. Have courage to do the right thing. Be accountable. WHAT WE CARE ABOUT “Step Up, Stand Out: Own Our Impact” ESG Achievements The year 2023-24 has been a productive year for EQ Resources’ ESG progress, below are the key milestones: 2023 Q4 Published sustainability section in Annual Report 2023 Q4 Finalist in Project Controls Expo Sustainability project of the year 2023 Q4 Commenced communicating ESG through our Values in quarterly update 2023 Q4 Second Stakeholder Sentiment Survey disseminated to key EQR stakeholders 2024 Q1 Sustainability incorporated into Quarterly reports 2024 Q1 ARTEH engaged to continue GHG emissions tracking at Mt Carbine 2024 Q2 Review of sustainability metrics carried out, high-level alignment to ICMM principles completed. Updated alignment to UN SDG’s. 2024 Q2 Completed 2024 Stakeholder ESG Engagement Survey, results analysed 2024 Q2 Review completed of ESG workbook and EQRs initiatives updated 2024 Q3 Gain understanding of how incoming EU and Australian Sustainability Reporting Standards impact EQR and commence forward-planning for future reporting requirements 2024 Q4 Planned Sustainability Risk Assessment 2024 Q4 Planned Decarbonisation planning to commence EQ Resources Limited Annual Report 2024 11

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