5E Advanced Materials, Inc. — Share Issue/Capital Change 2025

Feb 27, 2025

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Announcement Summary

Entity name

5E ADVANCED MATERIALS INC.

Date of this announcement

Friday February 28, 2025

The +securities the subject of this notification are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX

Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
New class - code	Series A Warrants	231,885	27/02/2025
to be confirmed
New class - code	Series B Warrants	231,885	27/02/2025
to be confirmed

Refer to next page for full details of the announcement

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 1 - Entity and announcement details

1.1 Name of entity

5E ADVANCED MATERIALS INC.

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type Registration number ARBN 655137170

1.3 ASX issuer code

5EA

1.4 The announcement is

New announcement

1.5 Date of this announcement

28/2/2025

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX

Previous Appendix 3B details:

Announcement Date and	Announcement Title	Selected Appendix 3B to submit quotation
Time		request
27-Aug-2024 09:17	New - Proposed issue of securities -	A placement or other type of issue
	5EA

2.3a.2 Are there any further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B?

No

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Part 3A - number and type of +securities the subject of this notification (existing class or new class) where issue has previously been notified to ASX in an Appendix 3B

Placement Details ASX +security code and description new unquoted class of security Date the +securities the subject of this notification were issued 27/2/2025 Any other information the entity wishes to provide about the +securities the subject of this notification Series A Warrants Issue details Number of +securities 231,885 Were the +securities issued for a cash consideration? No Please describe the consideration being provided for the +securities nil ASX +security code and description new unquoted class of security Date the +securities the subject of this notification were issued 27/2/2025 Any other information the entity wishes to provide about the +securities the subject of this notification Series B Warrants

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

Issue details

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Number of +securities

231,885 Were the +securities issued for a cash consideration? No

Please describe the consideration being provided for the +securities

nil

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Part 3C - number and type of +securities the subject of this notification (new class)

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----- Start of picture text -----

ASX +security code +Security description
New class - code to be confirmed Series A Warrants
+Security type ISIN code
Options
Date the +securities the subject of this notification were issued
27/2/2025
Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes
Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under
listing rule 6.1?
No
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being
issued.
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02845833-6A1222858
----- End of picture text -----

Options Details
+Security currency	Exercise price	Expiry date
USD - US Dollar	USD 18.35630000	27/2/2030

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option 5EAAO : COMMON STOCK

Any other information the entity wishes to provide about the +securities the subject of this notification

The number of securities and related exercise price have been adjusted for the implementation of the entity's 23-for-1 share consolidation that occurred after the related 3B was filed.

Issue details

Number of +securities

231,885

ASX +security code +Security description New class - code to be confirmed Series B Warrants

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+Security type Options

ISIN code

Date the +securities the subject of this notification were issued

27/2/2025

Will all the +securities issued in this class rank equally in all respects from their issue date? Yes

Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1? No

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02845833-6A1222858

Options Details

+Security currency Exercise price Expiry date USD - US Dollar USD 18.35630000 27/2/2027

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

5EAAO : COMMON STOCK

Any other information the entity wishes to provide about the +securities the subject of this notification

The number of securities and related exercise price have been adjusted for the implementation of the entity's 23-for-1 share consolidation that occurred after the related 3B was filed.

Issue details

Number of +securities

231,885

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Part 4 - +Securities on issue

Following the issue, conversion or payment up of the +securities the subject of this notification, the +securities of the entity will comprise:

The figures in parts 4.1 and 4.2 below are automatically generated and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX for processing.

4.1 Quoted +securities (Total number of each +class of +securities issued and quoted on ASX)

	Total number of
ASX +security code and description	+securities on issue
5EA : CHESS DEPOSITARY INTERESTS 10:1	14,648,670
4.2 Unquoted +securities (Total number of each +class of +securities issued but not quoted on ASX)
	Total number of
ASX +security code and description	+securities on issue
5EAAR : CONVERTIBLE NOTES	90,112
5EAAP : 10:1 CDI EQUIVALENT TO 5EAAO	15,366,150
5EAAO : COMMON STOCK	1,536,615
5EAAW : OPTION EXPIRING 24-APR-2033 EX USD 177.68	17,391
5EAAL : OPTION EXPIRING 01-JUN-2025 EX USD 366.26	57,965
5EAAN : OPTION EXPIRING 01-OCT-2025 EX USD 378.35	10,144
5EAAK : OPTION EXPIRING 07-APR-2025 EX USD 420.21	4,342
5EAAY : OPTION EXPIRING 01-AUG-2027 EX USD 23.69	10,868
5EAAX : OPTION EXPIRING 01-AUG-2027 EX USD 29.21	24,999
5EAAT : PERFORMANCE SHARE UNITS	22,899
5EAAS : RESTRICTED SHARE UNITS	18,829
New class - code to be confirmed : Series A Warrants	231,885
New class - code to be confirmed : Series B Warrants	231,885

4.2 Unquoted +securities (Total number of each +class of +securities issued but not quoted on ASX)

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