CRITICAL RESOURCES LIMITED — Major Shareholding Notification 2025

Jun 26, 2025

603 Page 1 of 2 15 July 2001

Form 603

Corporations Act 2001 Section 671B

Notice of initial substantial holder

To Company Name/Scheme Critical Resources Limited ACN/ARSN 145 184 667

1. Details of substantial holder (1)

Name Bilal Ahmad ACN/ARSN (if applicable) N/A

The holder became a substantial holder on 27 / 06 / 2025

2. Details of 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 on the date the substantial holder became a substantial holder are as follows:

Class of securities (4)	Number of securities	Person's votes (5)	Voting power (6)
Ordinary fully paid Shares	156,675,000	156,675,000	5.66%

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

Holder of relevant interest	Nature of relevant interest (7)	Class and number of securities
Bilal Ahmad	Direct	126,650,000 ORD
BAB Super Fund Pty Ltd <Bab Super Fund A/C>	Indirect	15,300,000 ORD
Threebee Investment Group Pty Ltd	Indirect	8,900,000 ORD
Ms W Iqbal	Indirect	5,825,000 ORD

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder(8)	Class and number of securities
Bilal Ahmad	Bilal Ahmad	Bilal Ahmad	126,650,000 ORD
BAB Super Fund Pty Ltd <Bab Super Fund A/C>	BAB Super Fund Pty Ltd <Bab Super Fund A/C>	BAB Super Fund Pty Ltd <Bab Super Fund A/C>	15,300,000 ORD
Threebee Investment Group Pty Ltd	Threebee Investment Group Pty Ltd	Threebee Investment Group Pty Ltd	8,900,000 ORD
Ms W Iqbal	Ms W Iqbal	Ms W Iqbal	5,825,000 ORD

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

Holder of relevant interest	Date of acquisition	~~Consideration (9)~~ Cash	Non-cash	Class and number of securities
Bilal Ahmad	27/06/2025	$ 500,000	-	125,000,000 ORD

603 Page 2 of 2 15 July 2001

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

Name and ACN/ARSN (if applicable)	Nature of association
BAB Super Fund Pty Ltd <Bab Super Fund A/C>	Indirect, an entity controlled by Mr Ahmad
Threebee Investment Group Pty Ltd	Indirect, an entity controlled by Mr Ahmad
Ms W Iqbal	Indirect, spouse holdings

7. Addresses

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

. Addresses he addresses of persons named in this form are as follows:
Name	Address
Bilal Ahmad	13 Garners Way, Burns Beach WA 6028
BAB Super Fund Pty Ltd <Bab Super Fund A/C>	13 Garners Way, Burns Beach WA 6028
Threebee Investment Group Pty Ltd	13 Garners Way, Burns Beach WA 6028
Ms W Iqbal	13 Garners Way, Burns Beach WA 6028

Signature

print name Bilal Ahmad sign here

capacity Substantial Holder date 27 / 06 / 2025

DIRECTIONS

• (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 7 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 total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an associate has a relevant interest in.

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

• (7) Include details of:

• (a) any relevant agreement or other circumstances by which the relevant interest was acquired. 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.

• (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) 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 of any benefit paid on behalf of the substantial holder or its associate in