BPH ENERGY LTD — Capital/Financing Update 2026

Feb 15, 2026

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16 February 2026

Australian Securities Exchange Exchange Centre 20 Bridge Street SYDNEY NSW 2000

BPH ENERGY LTD RAISES $0.54 MILLION FROM ISSUE OF OPTIONS

Further to the Company’s announcement of 21 October 2025 of BPH Energy Limited (ASX: BPH) (“BPH” or “Company”) is pleased to announce that it has issued 542,890,491 listed options (ASX: BPHOF) at $0.001 per option exercisable at $0.03 per option, expiring 10 February 2027 (“New Options”) under its Options Prospectus dated 2 December 2025, and subsequent to shareholder approval received at its 28 November 2005 Annual General Meeting.

The New Options were offered to all Australian and New Zealand resident holders BPHO Options on the basis of 1 New Option for every 1 BPHO Option held at their expiry date of 29 October 2025. The primary purpose of the issue of the New Options is to enable the holders of the expired BPHO options to continue to participate in the ongoing development of the Company.

Funds raised of $542,891 from the New Options, and after deducting expenses of the issue, will be allocated to general working capital.

David Breeze (Director) authorised the release of this announcement to the market.

David Breeze Executive Director

BPH Energy Ltd ACN 095 912 002 PO Box 317, North Perth, Western Australia 6906 Unit 12, Level 1, 114 Cedric Street, Stirling, Western Australia 6021 admin@bphenergy.com.au www.bphenergy.com.au T: +61 8 9328 8366 F: +61 8 9328 8733