ASARA RESOURCES LIMITED — Major Shareholding Notification 2026

May 14, 2026

605 page 1/2 15 July 2001

Form 605

Corporations Act 2001

Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme
ASARA RESOURCES LTD

ACN/ARSN
006 710 774

1. Details of substantial holder (1)

Name
" Auralandia Group"

ACN/ARSN (if applicable)

The holder ceased to be a substantial holder on 15/05/2026

The previous notice was given to the company on 19/12/2025

The previous notice was dated 19/12/2025

1. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of change	Person whose relevant interest changed	Nature of change (4)	Consideration given in relation to change (5)		Class (6) and number of securities affected	Person's votes affected
			Cash	Non-cash
15/05/2026	500 CUSTODIAN PTY LTD ATF ALBERS SUPERANNUATION & PENSION FUND	Dilution following share placement by Asara Resources Ltd	No consideration given in relation to the change due to the nature of the dilutionary change	1,500,000 ORD	1,500,000
15/05/2026	ALBERS CUSTODIAN COMPANY PTY LTD ATF LARSSON/ALBERS SUPERANNUATION & PENSION FUND				1,000,000 ORD	1,000,000
15/05/2026	AURALANDIA PTY LTD				14,583,333 ORD	14,583,333
15/05/2026	BASS STRAIT GROUP PTY LTD				5,000,000 ORD	5,000,000
15/05/2026	CAPRICORN MINING PTY LTD				8,500,000 ORD	8,500,000
15/05/2026	GASCORP AUSTRALIA PTY LTD				5,000,000 ORD	5,000,000
15/05/2026	GREAT AUSTRALIA CORPORATION PTY LTD				1,499,999 ORD	1,499,999
15/05/2026	GREAT MISSENDEN GROUP PTY LTD				15,162,500 ORD	15,162,500
15/05/2026	GREAT MISSENDEN HOLDINGS PTY LTD				1,000,000 ORD	1,000,000
15/05/2026	HAWKESTONE RESOURCES PTY LTD				6,000,000 ORD	6,000,000
15/05/2026	NATIONAL ENERGY PTY LTD				3,000,000 ORD	3,000,000
15/05/2026	SACROSANCT PTY LTD ATF SACROSANCT SUPERANNUATION FUND				1,500,000 ORD	1,500,000
15/05/2026	STRATA RESOURCES PTY LTD				6,000,000 ORD	6,000,000
15/05/2026	WESTMINEX PTY LTD				19,022,336 ORD	19,022,336

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605
page 2/2
15 July 2001

3. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable)	Nature of association

4. Addresses

The addresses of persons named in this form are as follows:

Name	Address
ALL PERSONS	LEVEL 1, 10 YARRA STREET, SOUTH YARRA VIC 3141

Signature

print name	E. G. ALBERS	capacity	DIRECTOR
sign here		date	15/05/2026

DIRECTIONS

(1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 4 of the form.

(2) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.

(3) See the definition of "associate" in section 9 of the Corporations Act 2001.

(4) Include details of:

(a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and

(b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

(5) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

(6) The voting shares of a company constitute one class unless divided into separate classes.

(7) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.