ANNUAL REPORT June 2026 Notes to the Consolidated Financial Statements (ii) Long term incentives The numbers of securities issued as long term incentives (LTIs) granted by the Company under the Executives’ Option Plan (EOP) and Share Rights Plan (SRP) held during the year by other key management personnel of the Company, including their personally related parties, are set out below. Name Balance at start of the year Granted as Compensation Exercised during the year Lapsed during the year Balance at the end of the year Vested and exercisable Unvested Jonathan Kort 2026 - 20,700,000 5,000,000 - 15,700,000 - 15,700,000 2025 - - - - - - - Virna Trout ¹ 2026 - 8,000,000 - - 8,000,000 - 8,000,000 2025 - - - - - - - ¹ Options are held directly by Mineri Holdings Pty Ltd <The Trout Family A/C>, the registered holder. 15. AUDITOR’S REMUNERATION 2026 A$’000 2025 A$’000 Audit-related services Amounts paid or payable: - Nexia Melbourne Audit Pty Ltd 190 138 - Deloitte, Spain 249 224 Taxation services Amounts paid or payable: - Nexia Melbourne Pty Ltd 1 5 - Deloitte, Australia 40 - - Deloitte, Spain 90 204 570 571 16. CONTINGENT ASSETS Offtake pricing As disclosed in Note 2(g), the Group has recognised A$8.9 million of additional consideration arising from a pricing period discrepancy with an offtake customer. A further A$8.9 million has not been recognised. The Directors consider recovery of this further amount probable. It remains subject to ongoing commercial discussions, and there is no certainty over the amount or timing of receipt. 17. CONTINGENT LIABILITIES The Group has provided guarantees totalling A$1.5 million in respect of mining exploration tenements and environmental bonds. These guarantees in respect of mining and exploration tenements are secured against deposits with the relevant State Department of Mines. The Company does not expect to incur any material liability in respect of the guarantees. EQ Resources Limited Annual Report 2026 91
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