CHARIOT RESOURCES LTD — Share Issue/Capital Change 2025

Dec 22, 2025

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

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Announcement Summary

Entity name

CHARIOT RESOURCES LTD

Date of this announcement

Tuesday December 23, 2025

The +securities the subject of this notification are:

+Securities issued under an +employee incentive scheme that are subject to a restriction on transfer and are not being quoted on ASX until the restriction ends

Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
New class - code	PERFORMANCE RIGHTS	19,000,000	22/12/2025
to be confirmed

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

CHARIOT RESOURCES LTD

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 13637559847

1.3 ASX issuer code

CC9

1.4 The announcement is

New announcement

1.5 Date of this announcement

23/12/2025

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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:

+Securities issued under an +employee incentive scheme that are subject to a restriction on transfer and are not being quoted on ASX until the restriction ends

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

does not have an existing ASX security code ("new class")

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

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Part 3C - number and type of +securities the subject of this notification (new class)

New +securities issued under an +employee incentive scheme

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----- Start of picture text ----- ASX +security code +Security descriptionNew class - code to be confirmed PERFORMANCE RIGHTS+Security type ISIN codeOtherDate the +securities the subject of this notification were issued22/12/2025Will all the +securities issued in this class rank equally in all respects from their issue date?YesWere any of the +securities issued to +key management personnel (KMP) or an +associate?YesProvide details of the KMP or +associates being issued +securities.Name of KMP Name of registered holder Number of +securitiesShanthar Pathmanathan Shanthar Pathmanathan 10,250,000Frederick Forni Frederick Forni 4,250,000Brendan Borg Brendan Borg 4,500,000----- End of picture text -----

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-03010743-6A1291485&v=undefined

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-03010743-6A1291485&v=undefined

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

Issue details

Number of +securities

19,000,000

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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
CC9 : ORDINARY FULLY PAID	205,791,829
CC9O : OPTION EXPIRING 19-DEC-2028	43,473,750

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

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
CC9AR : OPTION EXPIRING 07-JUN-2027 EX $0.90	100,000
CC9AP : OPTION EXPIRING 07-JUN-2026 EX $0.30	62,500
CC9AY : OPTION EXPIRING 16-DEC-2028 EX $0.35	8,000,000
CC9AJ : OPTION EXPIRING 27-OCT-2026 EX $0.585	1,000,000
CC9AX : OPTION EXPIRING 11-JUL-2027 EX $0.21	1,500,000
CC9AK : PERFORMANCE RIGHTS	4,000,000
CC9AL : PERFORMANCE RIGHTS	1,550,000
CC9AV : OPTION EXPIRING 17-OCT-2026 EX $0.35	7,685,382
CC9AQ : OPTION EXPIRING 07-JUN-2026 EX $0.60	62,500
CC9AS : OPTION EXPIRING 07-JUN-2027 EX $1.20	150,000
CC9AT : OPTION EXPIRING 07-JUN-2027 EX $1.50	375,000
New class - code to be confirmed : PERFORMANCE RIGHTS	19,000,000

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

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Part 5 - Other Listing Rule requirements

5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

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