EQ Resources Limited Annual Report 2026

ANNUAL REPORT June 2026 Notes to the Consolidated Financial Statements (c) Intangible assets Software Water Licence Total A$’000 A$’000 A$’000 Cost at 1 July 2025 89 - 89 Additions 20 32 52 Disposals - - - Net reclassifications / adjustments - - - Cost at 30 June 2026 109 32 141 Accumulated depreciation at 1 July 2025 (1) - (1) Depreciation expense (57) - (57) Impairment / reclassification 33 - 33 Accumulated amortisation and impairment at 30 June 2026 (25) - (25) Net book value at 30 June 2026 84 32 116 Cost at 1 July 2024 37 - 37 Additions 52 - 52 Disposals - - - Net reclassifications / adjustments - - - Cost at 30 June 2025 89 - 89 Accumulated depreciation at 1 July 2024 - - - Depreciation expense (6) - (6) Impairment / reclassification 5 - 5 Accumulated amortisation and impairment at 30 June 2025 (1) - (1) Net book value at 30 June 2025 88 - 88 84 EQ Resources Limited Annual Report 2026 Notes to the Consolidated Financial Statements continued

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