ARIKA RESOURCES LIMITED — Share Issue/Capital Change 2025

Dec 11, 2025

ASX: ARI

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ASX RELEASE: 12 December 2025

Cleansing Notice

On 11 December 2025, Arika Resources Limited (“Arika” or “the Company”) issued 9,684,668 fully paid ordinary shares at $0.03 per share pursuant to option exercises and on 12 December 2025 issued 207,500,010 fully paid ordinary shares at $0.024 per share to investors.

The Company relies on section 708A of the Corporations Act 2001 (Cth) (the Act) in relation to the Issue.

In accordance with section 708A(5)(e) of the Act the following information is provided:

1. This notice is being given within five (5) business days after the day of Issue; 2. The issue was made without disclosure to investors under Part 6D.2 of the Act; 3. This notice is given under section 708A(5)(e) of the Act;

2. As at the date of this notice, the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company and section 674 and 674A of the Act; and

3. As at the date of this notice, there is no excluded information to be provided in accordance with section 708A(6)(e) of the Act other than as set out below.

Excluded Information Disclosure

Arika is in discussions with Nex Metals Explorations Limited ( NME ) to acquire the NME 20% joint venture interest in the Yundamindra and Kookynie Joint Venture (plus NME’s balance interest in the Paddick and Paris tenements) so as to achieve 100% ownership. The current proposed terms include a part cash and part share payment with share milestone payments. While discussions are ongoing there is no assurance the proposed terms will be agreed, or the proposal will progress and complete. The proposed conditions include required regulatory, third party and shareholder approvals.

The discussions have not yet proceeded to signing a formal document and remain confidential and nonbinding.

The proposed terms and form of consideration may change.

Arika will update the market as required.

This Announcement is approved by the Board of Arika Resources Limited.

ENQUIRIES

Investors

Justin Barton Managing Director +61 8 6500 0202 enquiries@arika.com.au

ABN: 92 086 839 992 www.arika.com.au

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Phone: 08 6500 0202 enquiries@arika.com.au