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

Feb 18, 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

Wednesday February 19, 2025

The +securities the subject of this notification are: Other

Total number of +securities to be issued/transferred

Total number of ASX +security +securities to be code Security description issued/transferred Issue date 5EAAR CONVERTIBLE NOTES 4,049 15/02/2025

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

19/2/2025

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

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

Other

Please specify

Paid interest in-kind

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

has an existing ASX security code ("existing class")

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

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Part 3B - number and type of +securities the subject of this notification (existing class) where issue has not previously been notified to ASX in an Appendix 3B

Additional +securities in an existing class

ASX +security code and description

5EAAR : CONVERTIBLE NOTES

Date the +securities the subject of this notification were issued

15/2/2025

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class Yes

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

Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

Additional convertible notes issued in respect of the company's convertible notes approved at AGM and special meeting as payment inkind

Issue details

Number of +securities

4,049

Were the +securities issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

Additional convertible notes as paid inkind interest

Purpose of the issue

Other

Additional Details

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

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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
5EADA : CHESS DEPOSITARY INTERESTS 10:1 DEFERRED SETTLEMEN	14,646,983
5EA : CHESS DEPOSITARY INTERESTS 10:1	14,646,983
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	353,470,220
5EAAO : COMMON STOCK	35,347,022
5EAAW : OPTION EXPIRING 24-APR-2033 EX USD 7.73	400,000
5EAAL : OPTION EXPIRING 01-JUN-2025 EX USD$14.62	1,333,332
5EAAN : OPTION EXPIRING 01-OCT-2025 EX USD$16.45	233,333
5EAAK : OPTION EXPIRING 07-APR-2025 EX USD$18.27	100,000
5EAAY : OPTION EXPIRING 01-AUG-2027 EX USD 1.03	250,000
5EAAX : OPTION EXPIRING 01-AUG-2027 EX USD 1.27	575,000
5EAAT : PERFORMANCE SHARE UNITS	526,868
5EAAS : RESTRICTED SHARE UNITS	433,647

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

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Part 5 - Other Listing Rule requirements

5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? No

5.2 Has the entity obtained, or is it obtaining, +security holder approval for the issue under listing rule 7.1? Yes

5.2a Date of meeting or proposed meeting to approve the issue under listing rule 7.1

13/1/2024

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