AUSTRAL RESOURCES AUSTRALIA LTD — Major Shareholding Notification 2026

Apr 1, 2026

604 GUIDE page 1/1 13 March 2000

Form 604 Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme

Austral Resources Australia Ltd ( AR1 )

ACN/ARSN

142 485 470

1. Details of substantial holder (1)

Name Yellow Gear Pty Ltd ( Yellow Gear ) ACN/ARSN (if applicable) 603 148 072

There was a change in the interests of the substantial holder on 02/04/2026 The previous notice was given to the company on 02/03/2026 The previous notice was dated 02/03/2026

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:

Class of securities (4)	Previous notice	Previous notice	Present notice	Present notice
	Person’s votes	Voting power(5)	Person’s votes	Voting power(5)
Fully paid ordinary shares (Shares)	212,718,236	10.02%	212,718,236	8.53%

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 ofchange	Person whoserelevant interestchanged	Nature ofchange (6)	Considerationgiven in relationto change (7)	Class andnumber ofsecuritiesaffected	Person’s votesaffected
02 Apr-26	All holders	Dilution due to shareissue	N/A	212,718,236 ORD	212,718,236

4. Present relevant interests

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

Holder ofrelevantinterest	Registeredholder ofsecurities	Person entitledto be registeredas holder (8)	Nature ofrelevantinterest (6)	Class andnumber ofsecurities	Person’s votes
Yellow Gear	Yellow Gear	Yellow Gear	Registered holder as persection 608(1)	195,100,000 ORD	195,100,000
Daniel Jauncey	Daniel Jauncey	Daniel Jauncey	Registered holder as persection 608(1)	14,874,431 ORD	14,874,431
Daniel Jauncey	BNP Paribas NomineesPtyLtd<Hub24Custodial Serv Ltd>	Daniel Jauncey	Registered holder as persection 608(1)	2,743,805 ORD	2,743,805

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
persons named in this form are as follows:
Name	Address
Daniel Jauncey	C/- Level 9, 60 Eagle Street, Brisbane CityQld 4000
Yellow Gear	C/- Level 9, 60 Eagle Street, Brisbane CityQld 4000

6. Addresses

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

Signature

		print name	Daniel JaunceycapacityDirector	Daniel JaunceycapacityDirector	Daniel JaunceycapacityDirector	Daniel JaunceycapacityDirector	Daniel JaunceycapacityDirector
re a numbf an equityy be referrset out indefinition odefinition ong shareson’s votesdetails of:	btyrno	sign hereer of substanttrust), the naed to throughoparagraph 6 of "associate" i				date2 A	pril 2026
				ial holders with similar or relatedmes could be included in an annut the form as a specifically namf the form.n section 9 of the Corporations A	DIRECTIONSrelevant interests (eg. a corporatiexure to the form. If the relevant ied group if the membership of eacct 2001.	on and its related corporations, onterests of a group of persons arh group, with the names and ad
	o	f "relevant int		erest" in sections 608 and 671B(	7) of the Corporations Act 2001.
	s	of a companydivided by th		constitute one class unless divide total votes in the body corporat	ed into separate classes.e or scheme multiplied by 100.

• (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 6 of the form.

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

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

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

• (5) The person’s votes divided by the total votes in the body corporate or scheme multiplied by 100.

• (6) 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.

• (7) 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 on 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.

• (8) If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write “unknown’”.

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