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ASTRAL RESOURCES NL Major Shareholding Notification 2026

Feb 1, 2026

64276_rns_2026-02-01_8bd4d90c-8adb-458b-8226-c9051b0fce3e.pdf

Major Shareholding Notification

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604 page 1 of 2

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme ASTRAL RESOURCES NL

ACN/ARSN 24 651 541 976

1. Details of substantial holder (1)

Name

The Bank of Nova Scotia and each of its controlled entities including those listed in Annex A (Substantial Holders)

ACN/ARSN (if applicable) N/A

There was a change in the interests of the substantial holder on January / 28 / 2026

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

The previous notice was dated December / 19 / 2025

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

ce to the company or scheme, are as follows:
Class of securities (4) Previous notice Present notice
Person’s votes Voting power(5) Person’s votes Voting power(5)
Ordinary fully paid (Shares) 91,884,696 5.13% 91,884,696 5.10% (based on 1,801,045,606
shares outstanding)

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate 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 (6)
Consideration
given in relation
to change (7)
Class and number
of securities
affected
Person’s
votes affected
N/A N/A No Increase or
decrease in relevant
interest in Shares
pursuant to in-
market buys on ASX
Nil Nil Nil

4. Present relevant interests

The particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of
relevant interest
Registered
holder of
securities
Person entitled
to be registered
as holder (8)
Nature of relevant interest (6) Class and
number of
securities
Person’s
votes
1832 Asset
Management
L.P.
State Street
Trust
Company,
Canada
Various
investment
funds of 1832
Asset
1832 Asset Management L.P. is the
manager of various investment
funds and in that capacity has the
power to dispose of the shares.
Relevantinterest undersection
91,884,696
shares
91,884,696

Form 604-Andean Silver Limited

604 page 2/2

604page 2/2
Management
L.P.
608(1) because of the power to
control the voting and/or disposal of
the Shares as trustee, investment
managerorportfoliomanager.
Dynamic
Precious
Metals Fund
State Street
Trust
Company,
Canada
Dynamic
Precious
Metals Fund
Dynamic Precious Metals Fund is
an investment fund, in which 1832
Asset Management L.P. is the
portfolio manager and, in that
capacity, has the power to dispose
of the shares. Relevant interest
under section 608(1) because of
the power to control the voting
and/or disposal of the Shares as
trustee, investment manager or
portfoliomanager.
89,884,696
shares
(4.99% of
outstanding
shares)
(this is
included in
the
91,884,696
mentioned
above)
89,884,696

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) 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
N/A N/A

6. Addresses

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

Name Address
TheBankof Nova Scotia 40King StreetWest,Toronto, Ontario, CanadaM5H3Y2
1832 Asset Management L.P. and other
Substantial Holders
Scotiabank North, 40 Temperance Street, 16th Floor, Toronto,
Ontario M5H 0B4

Signature

print name David Reeder Capacity : Director, Asset Management Compliance, 1832 Asset Management L.P. (a wholly-owned subsidiary of the Bank of Nova Scotia)

sign here “David Reeder” Date 29 / January / 2026

604 GUIDE page 1/1 13 March 2000

ANNEXURE A

1832 Asset Management L.P. (1832AMLP) – 1832AMLP was formed as a limited partnership under the laws of Ontario, Canada, and its general partner is 1832 Asset Management G.P. Inc., each of which are a wholly-owned subsidiary of The Bank of Nova Scotia.

Dynamic Precious Metals Fund – is a mutual fund registered in the province of Ontario. 1832AMLP is the portfolio manager of the Dynamic Precious Metals Fund and therefore has the investment discretion and to power to vote proxies on behalf of this mutual fund.

This is the annexure of 1 page marked A referred to in Form 604: Notice of Change of Interests of Substantial Holder signed by me.

“David Reeder”

______ David Reeder, Director, Asset Management Compliance, 1832 Asset Management L.P. (a wholly-owned subsidiary of the Bank of Nova Scotia)

January 29, 2026

__________ Date