Competent Person’s Statement – Mt Carbine Mine Mineral Resources The information in this report relating to exploration results and resources is based on information compiled by Mr Michael Mills who is a member of the Australasian Institute of Mining and Metallurgy and is an employee of Xenith Consulting Pty Ltd. Mr Mills is a qualified geologist and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking, to qualify as a Competent Person as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves.” Mr Mills consents to the inclusion in the report of the matters based on the information, in the form and context in which it appears. Ore Reserves The information in this report relating to Ore Reserves is based on information compiled by Mr Lee White who is a member of the Australasian Institute of Mining and Metallurgy and is a consultant to Xenith Consulting Pty Ltd. Mr White is a qualified Mechanical and Mining Engineer and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking, to qualify as a Competent Person as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves.” Mr White consents to the inclusion in the report of the matters based on the information, in the form and context in which it appears. Neither Mr Mills, Mr Whit or Xenith Consulting Pty Ltd L has any material interest or entitlement, direct or indirect, in the securities of EQ Resources Limited or any associated companies. EQ Resources Limited Annual Report 2026 17
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