CHALICE MINING LIMITED — Share Issue/Capital Change 2026

Jan 8, 2026

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Announcement Summary

Entity name

CHALICE MINING LIMITED

Date of this announcement

Friday January 09, 2026

The +securities the subject of this notification are:

Unquoted options that have been exercised or other unquoted +convertible securities that have been converted Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
CHN	ORDINARY FULLY PAID	105,219	08/01/2026
CHN	ORDINARY FULLY PAID	13,342	07/01/2026

Refer to next page for full details of the announcement

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 1 - Entity and announcement details

1.1 Name of entity

CHALICE MINING LIMITED

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type Registration number ABN 47116648956

1.3 ASX issuer code

CHN

1.4 The announcement is

New announcement

1.5 Date of this announcement

9/1/2026

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

Unquoted options that have been exercised or other unquoted +convertible securities that have been converted

2.2b The +securities being issued, transferred or re-classified as a result of the options being exercised or other +convertible securities being converted are:

securities that have already been quoted on ASX ("existing class")

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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

The right of the holder of the options or other +convertible securities to receive the +underlying securities is being	The right of the holder of the options or other +convertible securities to receive the +underlying securities is being	The right of the holder of the options or other +convertible securities to receive the +underlying securities is being
satisfied by:
A transfer of existing +securities
The underlying securities being received by the holder are:
Already quoted by ASX
Existing +securities converting into an existing class
FROM (Existing Class)
ASX +Security code and description
CHNAJ : RETENTION RIGHTS
TO (Existing Class)
ASX +Security code and description
CHN : ORDINARY FULLY PAID
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	6/1/2026	8/1/2026
105,219
Is this all of the options or other +convertible securities on issue of that		type?
No
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?
Yes
Provide details of the KMP or +associates who are exercising options or converting +convertible securities.
Name of KMP	Name of registered holder	Number of +securities
Christopher MacKinnon	Phoebe MacKinnon	32,376

Date the +securities the subject of this notification were issued/transferred

8/1/2026

Any other information the entity wishes to provide about the +securities the subject of this notification

Exercise of vested FY2022/2023 Retention Rights resulting in the transfer of fully paid ordinary shares from CPU Share Plans Pty Limited as trustee for the Chalice Mining Employee Share Trust to the holder of the Retention Right.

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

Issue details

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Number of +securities

105,219

The right of the holder of the options or other +convertible securities to receive the +underlying securities is being satisfied by: A transfer of existing +securities The underlying securities being received by the holder are: Already quoted by ASX Existing +securities converting into an existing class FROM (Existing Class) ASX +Security code and description CHNAI : PERFORMANCE RIGHT

TO (Existing Class)
ASX +Security code and description
CHN : ORDINARY FULLY PAID
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	6/1/2026	7/1/2026
13,342

Is this all of the options or other +convertible securities on issue of that type? No 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? Yes

Provide details of the KMP or +associates who are exercising options or converting +convertible securities.	Provide details of the KMP or +associates who are exercising options or converting +convertible securities.	Provide details of the KMP or +associates who are exercising options or converting +convertible securities.
Name of KMP	Name of registered holder	Number of +securities
Christopher MacKinnon	Phoebe MacKinnon	8,479

Date the +securities the subject of this notification were issued/transferred

7/1/2026

Any other information the entity wishes to provide about the +securities the subject of this notification

Exercise of previously vested Performance Rights resulting in the transfer of fully paid ordinary shares from CPU Share Plans Pty Limited as trustee for the Chalice Mining Employee Share Trust to the holder of the Performance Right.

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

Issue details

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Number of +securities

13,342

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 4 - +Securities on issue

Following the issue, conversion or payment up of the +securities the subject of this notification, the +securities 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 issued and quoted on ASX)

	Total number of
ASX +security code and description	+securities on issue
CHN : ORDINARY FULLY PAID	389,499,731
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
CHNAG : OPTION EXPIRING 05-NOV-2028 EX $2.96	400,000
CHNAJ : RETENTION RIGHTS	288,921
CHNAT : OPTION EXPIRING 28-OCT-2027 EX $2.05	600,000
CHNAF : OPTION EXPIRING 26-AUG-2028 EX $2.60	4,953,236
CHNAE : OPTION EXPIRING 13-MAY-2028 EX $1.72	250,000
CHNAI : PERFORMANCE RIGHT	7,061,304

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

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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