ARIANA RESOURCES PLC — Share Issue/Capital Change 2026

Apr 29, 2026

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

Announcement Summary

Entity name

ARIANA RESOURCES PLC

Date of this announcement

Thursday April 30, 2026

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

ASX +security code	Security description	Total number of +securities to be issued/transferred	Issue date
New class - code to be confirmed	CDI options exercisable at $0.50 expiring 31 Dec 2027	533,333	29/04/2026

Refer to next page for full details of the announcement

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

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

Part 1 - Entity and announcement details

1.1 Name of entity
ARIANA RESOURCES PLC
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
ABN
32681342334

1.3 ASX issuer code
AA2

1.4 The announcement is
New announcement
1.5 Date of this announcement
30/4/2026

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

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

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 Time	Announcement Title	Selected Appendix 3B to submit quotation request
22-Dec-2025 09:15	New - Proposed issue of securities - AA2	A placement or other type of issue

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?
Yes

2.3a.3 Please provide details of the further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B

Issue of Tranche 2 and Tranche 3 CDIs and CDI Options under the Xinhai investment agreement (see ASX announcement on 22 December 2025).

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

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

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

• 29/4/2026

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

• Issue of Tranche 1 CDI Options to corporate advisers in relation to the Xinhai investment.

Issue details

• Number of +securities

• 533,333

• Were the +securities issued for a cash consideration?

• No

• Please describe the consideration being provided for the +securities

• CDI options attached to the CDIs issued to corporate advisers for management and success fees in relation to the Tranche 1 investment, in lieu of cash consideration.

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

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

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

ASX +security code	+Security description
New class - code to be confirmed	CDI options exercisable at $0.50 expiring 31 Dec 2027
+Security type	ISIN code
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Options

Date the +securities the subject of this notification were issued
29/4/2026

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://announcements.asx.com.au/asxpdf/20260123/pdf/06vjv6f6gtfl80.pdf

Options Details

+Security currency	Exercise price	Expiry date
AUD - Australian Dollar	AUD 0.50000000	31/12/2027

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option
AA2 : CHESS DEPOSITARY INTERESTS 1:10

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

Issue details

Number of +securities
533,333

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

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

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)

ASX +security code and description	Total number of +securities on issue
AA2 : CHESS DEPOSITARY INTERESTS 1:10	46,444,654

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

ASX +security code and description	Total number of +securities on issue
AA2AC : CHESS DEPOSITARY INTERESTS 1:10 RESTRICTED	400,875
AA2AD : COMMON STOCK RESTRICTED	393,806,472
AA2AE : OPTION EXPIRING 31-MAR-2029 RESTRICTED	25,000,000
AA2AA : COMMON STOCK	2,190,129,559
AA2AF : OPTION EXPIRING 26-AUG-2029 RESTRICTED	4,444,444
AA2AB : 1:10 CDI EQUIVALENT TO AA2AA AND AA2AD	258,393,603
New class - code to be confirmed : CDI options exercisable at $0.50 expiring 31 Dec 2027	533,333

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