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Benz Mining Corp. Share Issue/Capital Change 2026

Mar 9, 2026

47017_rns_2026-03-09_c172091c-b8fb-4754-8009-a8006f2d5d61.pdf

Share Issue/Capital Change

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Appendix 2A - Application for quotation of securities

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Announcement Summary

Entity name

BENZ MINING CORP.

Announcement Type

New announcement

Date of this announcement

Tuesday March 10, 2026

The +securities to be quoted are:

+Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted

Total number of +securities to be quoted

ASX +security Number of +securities to
code Security description be quoted Issue date
BNZ CHESS DEPOSITARY INTERESTS 1:1 8,000,000 10/03/2026

Refer to next page for full details of the announcement

Appendix 2A - Application for quotation of securities

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Appendix 2A - Application for quotation of securities

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Part 1 - Entity and announcement details

1.1 Name of entity

BENZ MINING CORP.

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

1.2 Registered number type

ARBN

Registration number

642228804

1.3 ASX issuer code

BNZ

1.4 The announcement is

New announcement

1.5 Date of this announcement

10/3/2026

Appendix 2A - Application for quotation of securities

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Appendix 2A - Application for quotation of securities

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Part 2 - Type of Issue

2.1 The +securities to be quoted are:

+Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted

2.2 The +class of +securities to be quoted is:

Additional +securities in a class that is already quoted on ASX ("existing class")

Appendix 2A - Application for quotation of securities

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Appendix 2A - Application for quotation of securities

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Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an Appendix 3B

Existing +securities converting into additional +securities in an existing class FROM (Existing Class) ASX +security code and description BNZAT : OPTION EXPIRING 02-APR-2028 EX CAD 0.45

TO (Existing Class) ASX +security code and description BNZ : CHESS DEPOSITARY INTERESTS 1:1

Please state the number of options The first date the options were The last date the options were that were exercised or other exercised or other +convertible exercised or other +convertible +convertible securities that were securities were converted securities were converted converted 9/3/2026 9/3/2026 4,000,000 Is this all of the options or other +convertible securities on issue of that type (ie have all of those options now been exercised or have all of those convertible securities now been converted)? Yes The right of the holder of the options or other +convertible securities to receive the +underlying securities is being satisfied by: An issue of new +securities The underlying +securities being received by the holder are: Intended to be, but are not yet, quoted by ASX Were the options being exercised or other +convertible securities being converted issued under an +employee incentive scheme? Yes Are any of the options being exercised or other +convertible securities being converted held by +key management personnel (KMP) or an +associate? No

Issue date

10/3/2026

Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class? Yes

Appendix 2A - Application for quotation of securities

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Appendix 2A - Application for quotation of securities

Issue details

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Number of +securities to be quoted 4,000,000 Are the +securities being issued for a cash consideration? Yes In what currency is the cash consideration being paid? What is the issue price per +security? CAD - Canadian Dollar CAD 0.45000000 Any other information the entity wishes to provide about the +securities to be quoted No. Existing +securities converting into additional +securities in an existing class FROM (Existing Class) ASX +security code and description BNZAU : OPTION EXPIRING 02-APR-2028 EX CAD 0.90 TO (Existing Class) ASX +security code and description BNZ : CHESS DEPOSITARY INTERESTS 1:1 Please state the number of options The first date the options were The last date the options were that were exercised or other exercised or other +convertible exercised or other +convertible +convertible securities that were securities were converted securities were converted converted 9/3/2026 9/3/2026 4,000,000 Is this all of the options or other +convertible securities on issue of that type (ie have all of those options now been exercised or have all of those convertible securities now been converted)? Yes The right of the holder of the options or other +convertible securities to receive the +underlying securities is being satisfied by: An issue of new +securities The underlying +securities being received by the holder are: Intended to be, but are not yet, quoted by ASX Were the options being exercised or other +convertible securities being converted issued under an +employee incentive scheme? Yes Are any of the options being exercised or other +convertible securities being converted held by +key management personnel (KMP) or an +associate? No

Issue date

10/3/2026

Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class? Yes

Appendix 2A - Application for quotation of securities

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Appendix 2A - Application for quotation of securities

Issue details

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Number of +securities to be quoted 4,000,000 Are the +securities being issued for a cash consideration? Yes In what currency is the cash consideration being paid? What is the issue price per +security? CAD - Canadian Dollar CAD 0.90000000 Any other information the entity wishes to provide about the +securities to be quoted No

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Appendix 2A - Application for quotation of securities

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Part 4 - Issued capital following quotation

Following the quotation of the +securities the subject of this application, the issued capital of the entity will comprise:

The figures in parts 4.1 and 4.2 below are automatically generated and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX for processing.

4.1 Quoted +securities (total number of each +class of +securities quoted on ASX following the +quotation of the +securities subject of this application)


+securities subject of this application)
Total number of
ASX +security code and description +securities on issue
BNZ : CHESS DEPOSITARY INTERESTS 1:1 285,563,189
4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX)
Total number of
ASX +security code and description +securities on issue
BNZAN : OPTION EXPIRING 03-JUL-2026 EX CAD 0.41 600,000
BNZAP : OPTION EXPIRING 18-DEC-2026 EX CAD 0.35 1,500,000
BNZAQ : OPTION EXPIRING 18-DEC-2027 EX CAD 0.45 2,500,000
BNZAR : OPTION EXPIRING 25-NOV-2027 EX CAD 0.32 2,000,000
BNZAA : ORDINARY FULLY PAID 48,294,059
BNZAG : OPTION EXPIRING 31-AUG-2027 EX CAD 0.265 125,000
BNZAT : OPTION EXPIRING 02-APR-2028 EX CAD 0.45 0
BNZAU : OPTION EXPIRING 02-APR-2028 EX CAD 0.90 0

4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX)

Appendix 2A - Application for quotation of securities

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