ASPERMONT LIMITED. — Capital/Financing Update 2025

Aug 28, 2025

ASPERMONT LIMITED (ASX: ASP) SHARE PURCHASE PLAN BOOKLET

LEAD MANAGER: VERITAS SECURITIES LIMITED OFFER OPENS: MONDAY, 1 SEPTEMBER 2025 OFFER CLOSES: MONDAY, 15 SEPTEMBER 2025

Table of Contents

Managing Director’s Letter ........................................................................................ 1 Why We Are Undertaking the SPP ........................................................................... 1 Key terms – Summary (see Offer Booklet for full details) .......................................... 2 How to participate ................................................................................................ 2 Directors and Management Participation ............................................................... 2 A message from the Managing Director .................................................................. 2 Details of the SPP..................................................................................................... 3 Placement Capacity and Lead Manager ..................................................................... 4 Eligible Shareholders and Jurisdictions ...................................................................... 5 Jurisdictional Treatment and Custodians ................................................................ 5 Indicative Timetable ................................................................................................. 8 Current Activities and Use of Funds ........................................................................... 9 Important Information and Dates ............................................................................ 10 How to Participate in the SPP .................................................................................. 12 Payment Methods ............................................................................................... 12 Terms & Conditions of the Offer ........................................................................... 12 Glossary ................................................................................................................ 13

Aspermont Share Purchase Plan Booklet

Managing Director’s Letter

29 August 2025

Dear Fellow Shareholder,

The Aspermont Share Purchase Plan (SPP) is an opportunity to participate on the same price as recent institutional investors

Last week, we outlined a significant step in Aspermont’s evolution. We launched Mining-IQ.com, our new proprietary data and intelligence platform, commencing with World Risk Analytics. This marks the beginning of the next chapter as we pivot from information and research to data and intelligence services for the global resources sector.

In parallel, we signed a strategic agreement with Rio Tinto to digitise and structure approximately 200 years of our Mining Journal and Mining Magazine archives into an enterprise-grade, LLM-powered search platform. The initial agreement value is ~A$550,000, and Rio Tinto will have six months’ exclusive access following completion, after which the platform is intended to be commercialised as a subscription product.

To support these initiatives, we completed a placement of A$1.75 million to leading European institutions at A$0.007 per share, representing a ~40% premium to the most recent trading price prior to the halt. We also announced our intention to offer an SPP for eligible existing shareholders at the same price as the placement.

In our Q3 FY25 Trading Update, we also reported continued progress on our subscriptions, events, and marketing agency strategy.

Why We Are Undertaking the SPP

The SPP gives existing shareholders the opportunity to participate at the same price as the recent placement, while providing additional capital to strengthen Aspermont’s balance sheet. The funds raised will enable us to:

• scale the Mining-IQ platform and accelerate product development;

• invest in digitisation and AI-driven data initiatives; and

• maintain financial flexibility to support future growth opportunities.

We believe these investments will position Aspermont to deliver sustainable, recurring revenue growth in line with our long-standing strategy and heritage in premium B2B content, data and intelligence. While we remain disciplined in capital allocation, we are confident that this raising will enhance the long-term value of our brands, data assets, and client relationships.

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Key terms – Summary (see Offer Booklet for full details)

Ofer structure	Share Purchase Plan (non-underwritten) ofered to eligible existing shareholders. [Refer to the Ofer Booklet for full eligibilitycriteria.]
Price	A$0.007 per share, equal to the institutional placement price.
Record date	Thursday,28 August 2025
Ofer opens	Monday,1 September 2025
Ofer closes	Monday,15 September 2025
Quotation	Friday,19 September 2025
Application amount	Minimum $2,000 and maximum $30,000. Final amounts and scale-backpolicyapply. Partial shares will be rounded down.
Ranking	New shares will rank equally with existing fully paid ordinary shares from allotment.

How to participate

Eligible shareholders will receive the SPP Offer Booklet and a personalised Application Form with instructions. Please read the Offer Booklet in full before deciding whether to participate and follow the steps set out in that document. If you have any questions, we encourage you to contact our Share Registry or your professional adviser as indicated in the Offer Booklet.

Directors and Management Participation

All eligible board and executive team members are intending to take up their offer of new fully paid ordinary shares in the SPP up to the maximum of $30,000.

A message from the Managing Director

The institutional placement at A$0.007 per share and the support we have received from European investors underscore confidence in Aspermont’s strategy and assets. The SPP gives you, our existing shareholders, the opportunity to participate at the same price. Your continued support is important as we scale Mining-IQ, deliver on the archive digitisation program, and advance our transition to a data-and-intelligence-led business.

We remain focused on execution, prudent investment, and transparent reporting. Thank you for your ongoing trust and support.

Yours faithfully,

==> picture [78 x 32] intentionally omitted <==

Alex Kent Managing Director Aspermont Limited

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Details of the SPP

Under the SPP, Eligible Shareholders (defined below) may apply for new fully paid ordinary shares ( New Shares ) in Aspermont up to a maximum of $30,000 worth of Shares (when combined with any Shares issued under any share purchase plan in the 12 months preceding the date of the SPP) at an issue price of A$0.007 per Share ( Price ), being the same issue price as the Shares offered to sophisticated and professional investors under the Placement.

The Price is 81.4% of the Volume Weighted Average Price ( VWAP ) of the Shares over the last five trading days on which sales in the Shares were recorded before the day on which the SPP was announced 28 August 2025. The VWAP was $0.0086 per Share.

The SPP entitles Eligible Shareholders, to submit applications for parcels valued between A$2,000 and A$30,000, irrespective of the size of their shareholding in the Company, without incurring brokerage or transaction costs. Partial shares will be rounded down.

Participation is optional and non-renounceable. This means shareholders cannot transfer their right to participate in the Offer to another party.

The Company is seeking to raise approximately A$1.25 million (before costs). Should demand exceed this amount, the Board reserves the right to scale back applications at its absolute discretion. Any scale-back will be applied fairly and consistently across applications, with surplus funds refunded without interest.

The SPP is not underwritten. However, Aspermont may, at its discretion, conduct a shortfall placement of any unsubscribed Shares to sophisticated or professional investors. This will be undertaken in consultation with Veritas Securities Limited ( Lead Manager ), appointed as Lead Manager. The Lead Manager will receive a 4% fee in respect of any funds introduced by the Lead Manager into a SPP shortfall placement.

The directors of the Company who are Eligible Shareholders may participate in the SPP subject to the Listing Rules.

The SPP is made in accordance with ASIC Corporations (Share and Interest Purchase Plans) Instrument 2019/547 ( ASIC CI 2019/547 ) and therefore does not require a prospectus under Chapter 6D of the Corporations Act.

All New Shares issued under the SPP will rank equally with existing Shares in the capital of the Company and will carry the same rights, including dividend and voting entitlements, from the date of issue.

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Placement Capacity and Lead Manager

In addition to the SPP, Aspermont may undertake a shortfall placement of any Shares not taken up under the Offer, subject to compliance with all necessary legal requirements. Such a placement would be conducted with professional and sophisticated investors, using the Company’s existing capacity under Listing Rules 7.1 and 7.1A. Where the shortfall exceeds the Company’s available placement capacity, the shortfall will only be placed if shareholder approval is obtained. The final size of any shortfall placement will depend on demand and the discretion of the Board, in consultation with the Lead Manager.

The Lead Manager is not underwriting the Offer. Veritas Securities has been engaged to assist with any placement of shortfall securities and will receive a 4% fee on any funds introduced by the Lead Manager into the Capital Raising.

No agreements have been entered into for investors to subscribe under a shortfall placement at the date of this document. Aspermont provides no assurance that any funds will be raised through such activities.

The Offer and any associated shortfall placement are not expected to materially affect control of the Company. The Board is committed to ensuring that allocations are managed in a manner consistent with the Listing Rules and that existing shareholder interests are protected.

The Company confirms that any issue of New Shares under this SPP, together with any shortfall placement, will remain within the limitations prescribed by the Corporations Act and the Listing Rules, including that the number of New Shares issued under the SPP will not exceed 30% of the Company’s existing issued capital.

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Eligible Shareholders and Jurisdictions

Participation in the SPP is optional and is available exclusively to shareholders of the Company who, at 5:00pm (AWST) on Thursday, 28 August 2025 ( Record Date ):

• were registered as holders of Shares in the Company;

• had a registered address in Australia, New Zealand, Singapore, Canada, the United Kingdom or the United States, as recorded in Aspermont’s share register; and

• satisfied all other conditions set out in these Terms and Conditions,

(together referred to as Eligible Shareholders ).

The Offer is not transferable. Rights to participate in this SPP cannot be sold or transferred to another person.

An offer may, at the discretion of the directors of the Company, be made under the SPP once a year. The maximum amount which any shareholder may subscribe for in any consecutive 12-month period is $30,000. The directors of the Company may also determine in their discretion the minimum amount for participation, the multiple of Shares to be offered under the SPP and the period the offer is available to Eligible Shareholders.

Jurisdictional Treatment and Custodians

This announcement does not constitute an offer of new ordinary shares in Aspermont Limited (“New Shares”) in any jurisdiction where such an offer would be unlawful. In particular, this announcement may not be circulated, and the New Shares may not be offered or sold, outside Australia except as expressly permitted below.

Australia : The Offer is made in reliance on ASIC Corporations (Share and Interest Purchase Plans) Instrument 2019/547, which allows listed companies to issue shares to existing shareholders without a prospectus.

New Zealand : The Offer is made pursuant to the Financial Markets Conduct (Incidental Offers) Exemption Notice 2021. It has not been registered with, or approved by, New Zealand regulators and is not a product disclosure statement.

Canada : This document is an offering of New Shares in the Province of British Columbia, and only to persons to whom such securities may lawfully be distributed and by those permitted to sell them. Distribution is limited to persons who qualify as “Accredited Investors” under National Instrument 45-106 – Prospectus Exemptions, of the Canadian Securities Administrators. It does not constitute a prospectus, advertisement, or public offering of securities.

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No regulator in Canada has reviewed or approved this announcement or the merits of the New Shares. Any representation to the contrary is an offence. No prospectus has or will be filed in connection with the New Shares. Consequently, purchasers will not have the benefit of the rights, protections, or information that would apply if a prospectus had been filed and receipted by the relevant securities regulators. Any resale of New Shares must be made in compliance with applicable Canadian securities laws. While resale restrictions generally do not apply to first trades in securities of a foreign nonCanadian reporting issuer executed through an exchange or market outside Canada, Canadian investors should obtain legal advice prior to any resale.

All financial information in this announcement has been prepared under Australian Accounting Standards and complies with International Financial Reporting Standards issued by the International Accounting Standards Board. All monetary amounts are expressed in Australian dollars.

All documentation will be in English, and the Company offers no advice on the suitability of an investment in New Shares for any investor.

Aspermont Limited, its directors and officers may be located outside Canada. Purchasers may not be able to effect service of process on them in Canada. Similarly, substantial assets of the Company and its directors and officers may be located outside Canada, which could make enforcement of Canadian judgments against them difficult or impossible.

Singapore: This announcement and related materials have not been, and will not be, lodged or registered as a prospectus with the Monetary Authority of Singapore. Accordingly, neither this announcement nor any related documents may be circulated, and the New Shares may not be offered or sold, except in reliance on exemptions under Subdivision (4), Division 1, Part 13 of the Securities and Futures Act 2001 of Singapore (the “SFA”) or another exemption under the SFA.

This announcement is provided only to “institutional investors” and “accredited investors” (as defined in the SFA). If you are not such an investor, you must return this document immediately. Distribution to others is not permitted.

Any offer is not intended to result in subsequent on-sale of the New Shares to other persons in Singapore. Resale restrictions under the SFA may apply and investors should ensure compliance.

United Kingdom: This announcement and related documents have not been approved by the Financial Conduct Authority and no prospectus (as defined in section 85 of the Financial Services and Markets Act 2000 (“FSMA”)) has been or will be published.

New Shares may not be offered or sold in the United Kingdom other than in circumstances where a prospectus is not required under section 86(1) of FSMA. This

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announcement is being circulated on a confidential basis only to “qualified investors” as defined in Article 2(e) of the UK Prospectus Regulation.

It may not be distributed or disclosed to any other person in the UK.

Any invitation or inducement to engage in investment activity (within the meaning of section 21 FSMA) in connection with the New Shares will only be communicated in circumstances where section 21(1) of FSMA does not apply to the Company.

In the UK, this announcement is directed only at persons who:

• have professional experience in investments under Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (“FPO”);

• fall within Article 49(2)(a)–(d) of the FPO (high net worth companies, unincorporated associations, etc.); or

• are otherwise lawfully entitled to receive it (“relevant persons”).

The investment described is available only to relevant persons, and persons who are not relevant persons must not act on or rely upon this announcement.

United States : This announcement may not be released or distributed in the United States. It does not constitute an offer to sell, or the solicitation of an offer to buy, securities in the United States or in any other jurisdiction where such an offer would be unlawful.

The New Shares have not been, and will not be, registered under the U.S. Securities Act of 1933 (as amended, the “U.S. Securities Act”) or the securities laws of any U.S. state or other jurisdiction. New Shares offered under the Placement may not be offered or sold in the United States except in transactions exempt from, or not subject to, the registration requirements of the U.S. Securities Act and applicable state laws. Similarly, New Shares under the SPP may not be offered or sold in the United States, or to any person acting for the account or benefit of a U.S. person.

New Shares can be offered to a limited number of shareholders of the Company who are “Accredited Investors” (as defined in Rule 501(a) under the US Securities Act. To participate in this SPP, a US shareholder must sign and return a US investor certificate with an application form, to confirm that the US shareholder is an accredited investor.

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Indicative Timetable

The key dates for the Offer are set out below. These dates are indicative only and may change at the discretion of the Company, subject to the Corporations Act and the Listing Rules. Any changes will be announced to the ASX.

Record Date for SPP	Thursday,28 August 2025
Announcement of SPP / Placement and lodgement of Appendix 3B	Friday, 29 August 2025
Release SPP Booklet on the ASX platform	Friday, 29 August 2025
Opening Date of SPP	Monday, 1 September 2025
Closing Date of SPP	Monday, 15 September 2025
Announcement of results of SPP, Issue of new Shares under the SPP and lodge Appendix 2A.	10:00 AM (AWST) Wednesday, 17 September 2025
Allotment Date	Thursday, 18 September 2025
Quotation & Dispatch of Holding Statements	Friday, 19 September 2025

Shareholders are encouraged to apply early, as the Company may close the Offer earlier or extend it, in its discretion.

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Current Activities and Use of Funds

Further information on Aspermont’s operations and strategy is available in the Company’s announcements to the ASX, which can be accessed through the ASX website www.asx.com.au or on the Company’s website www.aspermont.com. Shareholders are encouraged to review these announcements, including any issued after the date of this Booklet, before deciding whether to participate in the SPP.

The funds raised under the Offer will be applied to advance the Company’s growth initiatives. In particular:

• 40% will be directed toward scaling the Mining-IQ platform, extending Aspermont’s capacity to deliver high-value subscription-based data services across mining and resources markets;

• 40% will be invested in digitisation and AI-driven data initiatives, enabling improved automation, data enrichment, and monetisation of Aspermont’s information assets; and

• 20% will be allocated to working capital and general corporate purposes, ensuring flexibility and resilience in the Company’s financial position.

The Board may adjust the allocation of funds if circumstances require, but the overall objective is to use proceeds to accelerate Aspermont’s technology-enabled growth strategy and deliver long-term shareholder value.

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Important Information and Dates

The offer of New Shares under the SPP is conducted in accordance with ASIC Corporations (Share and Interest Purchase Plans) Instrument 2019/547. Accordingly, this Booklet is not a prospectus and has not been lodged with ASIC. It does not contain the same level of information as a disclosure document prepared under Chapter 6D of the Corporations Act.

New Shares issued under the SPP will be issued no more than five business days after the Closing Date of the Offer. Application for quotation on ASX of the New Shares issued under the Offer will be made immediately following the issue of those Shares.

The maximum amount proposed to be raised under the Offer is $A1.25 million. The Company, however, reserves absolute discretion regarding the final amount raised under the Offer, subject to the Listing Rules.

This document is important and should be read carefully and in its entirety. Shareholders should also consider Aspermont’s announcements to the ASX, including announcements released after the date of this document. If you are uncertain about any aspect of the Offer or whether to participate, you should seek advice from a financial or other professional adviser.

The issue price of Shares to be issued under the SPP is A$0.007 which represents a premium to the volume weighted average market price for the Shares over the last five trading days on which sales in the Shares were recorded prior to the date the SPP was announced on 21 August 2025, being A$0.005.

The market price of Shares may fluctuate between the date of this document and the date on which New Shares are issued. As a result, the value of New Shares applied for may rise or fall. It is possible that the Price will exceed the price of Shares trading on the ASX at or after the Issue Date.

Owning Shares in Aspermont involves risks. The future price of Shares may be influenced by factors outside the Company’s control, including economic conditions, demand for resources, regulatory developments, changes in technology, and general market sentiment. Investors should rely on their own assessment of Aspermont’s disclosures and not place undue reliance on any forward-looking statements contained in this document.

This Booklet contains forward-looking statements, which may be identified by words such as “may”, “will”, “expect”, “believe”, “anticipate”, “estimate” or similar expressions. These statements are based on current expectations and assumptions as at the date of this document. They are not guarantees of future performance and are

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subject to risks and uncertainties, many of which are outside Aspermont’s control. Actual results may differ materially from those expressed or implied.

Factors that may cause differences include but are not limited to: changes in market demand for information services, competition, foreign exchange fluctuations, shifts in regulatory frameworks, technological disruption, recruitment and retention of staff, and litigation. Forward-looking statements should be read considering these risks.

Except as required by law or the Listing Rules, Aspermont does not undertake to update or revise forward-looking statements to reflect new information or events. No representation or warranty is made as to the accuracy or reasonableness of such statements.

This document does not constitute financial, taxation, or legal advice. Aspermont has not obtained any tax rulings in relation to this Offer. Shareholders should consult their professional advisers regarding the financial, taxation and other implications of participating in the SPP.

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How to Participate in the SPP

Eligible Shareholders may apply to participate in the SPP by paying application monies in accordance with the instructions on their personalised application form for the SPP ( Application Form ).

A personalised Application Form can be accessed through Aspermont’s share registry, Automic Group, at https://investor.automic.com.au.

Payment Methods

• BPAY® (for holders with an eligible Australian bank account). This is the fastest and most secure method.

• Electronic Funds Transfer (EFT), available to shareholders who cannot use BPAY®.

Payments must be made in Australian dollars. Application monies must be received by 5:00pm (AWST), Monday, 15 September 2025.

Terms & Conditions of the Offer

By applying to participate in the SPP, you agree to be bound by these Terms & Conditions and Aspermont Limited’s constitution.

Key terms include:

• The Offer is made in reliance on ASIC Corporations (Share and Interest Purchase Plans) Instrument 2019/547.

• Eligible Shareholders may apply for between A$2,000 and A$30,000 of New Shares.

• The issue price is A$0.007 per Share.

• Applications may be scaled back if demand exceeds A$1.25 million, though oversubscriptions may be accepted.

• Custodians may apply on behalf of beneficiaries with a valid Custodian Certificate.

• New Shares are expected to be allotted on 18 September 2025 and will rank equally with existing Shares.

• The Offer is governed by the laws of Western Australia.

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Glossary

ACN – Australian Company Number.

A$ / $ – Australian dollars.

Application Form – The personalised application form made available through Automic Group.

ASIC – Australian Securities and Investments Commission.

ASX – ASX Limited or the Australian Securities Exchange.

AWST – Australian Western Standard Time.

Board – The board of directors of Aspermont Limited.

BPAY ® – Electronic bill payment system in Australia.

Closing Date – 5:00pm (AWST), Monday, 15 September 2025.

Company – Aspermont Limited (ACN 000 364 208).

Corporations Act – Corporations Act 2001 (Cth).

Custodian – A person defined under ASIC Instrument 2019/547 who holds securities on behalf of others.

Eligible Shareholder – A person registered as a holder of Shares at the Record Date

with an address in Australia, New Zealand, Singapore, Canada, United Kingdom or the USA.

Issue Date – Thursday, 18 September 2025.

Lead Manager – Veritas Securities Limited.

Listing Rules – the Listing Rules of ASX.

New Shares – Fully paid ordinary shares in Aspermont Limited issued under the SPP.

Offer – The offer of New Shares under this Share Purchase Plan.

Price – A$0.007 per Share.

Record Date – 5:00pm (AWST), Thursday 28 August 2025.

Shares – Fully paid ordinary shares in Aspermont Limited.

SPP – The Share Purchase Plan described in this Booklet.

VWAP – Volume Weighted Average Price of Shares over the last 5 trading days on which sales were recorded prior to the announcement of the SPP.

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