DALAROO METALS LTD — Capital/Financing Update 2026

Mar 18, 2026

Appendix 2A - Application for quotation of securities

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Announcement Summary

Entity name

DALAROO METALS LTD

Announcement Type

New announcement

Date of this announcement Thursday March 19, 2026

The +securities to be quoted are: Other

Please refer to the response to Q2.3d for further information about the type of securities to be quoted and the circumstances of the issue.

Unlisted options now being quoted on ASX

Total number of +securities to be quoted

ASX +security Number of +securities to code Security description be quoted Issue date New class - code OPTIONS @ $0.036 EXP 23/08/2029 199,964,519 19/03/2026 to be confirmed

Refer to next page for full details of the announcement

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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

DALAROO METALS LTD

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

ACN

Registration number

648476699

1.3 ASX issuer code

DAL

1.4 The announcement is

New announcement

1.5 Date of this announcement

19/3/2026

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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:

Other

Please refer to the response to Q2.3d for further information about the type of securities to be quoted and the circumstances of the issue.

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

New +securities in a class that is not yet quoted on ASX ("new class")

2.3c Have these +securities been offered under a +disclosure document or +PDS? No

2.3d Please provide any further information needed to understand the circumstances in which you are applying to have these +securities quoted on ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

Unlisted options now being quoted on ASX

2.4 Any on-sale of the +securities to be quoted within 12 months of their date of issue will comply with the secondary sale provisions in sections 707(3) and 1012C(6) of the Corporations Act by virtue of: The publication of a cleansing notice under section 708A(5), 708AA(2)(f), 1012DA(5) or 1012DAA(2)(f)

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Appendix 2A - Application for quotation of securities

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

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New +securities
ASX +security code +Security description
New class - code to be confirmed OPTIONS @ $0.036 EXP 23/08/2029
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ASX +security code New class - code to be confirmed	+Security description OPTIONS @ $0.036 EXP 23/08/2029
+Security type	ISIN code
Options
Issue date
19/3/2026
Will all the +securities issued in	this class rank equally in all respects from the issue date?
Yes
Have you received confirmation	from ASX that the terms of the +securities are appropriate and equitable under
listing rule 6.1?
Yes
Distribution Schedule
Provide a distribution schedule for the new +securities according to the categories set out in the left hand column -
including the number of recipients and the total percentage of the new +securities held by the recipients in each
category.

category.
		Total percentage of +securities held
Number of +securities held	Number of holders	For example, to enter a value of 50%
		please input as 50.00
1 - 1,000		%
1,001 - 5,000		%
5,001 - 10,000		%
10,001 - 100,000		%
100,001 and over		%
Options Details
+Security currency	Exercise price	Expiry date
AUD - Australian Dollar	AUD 0.03600000	23/8/2029

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Appendix 2A - Application for quotation of securities

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Details of the type of +security that will be issued if an option is exercised DAL : ORDINARY FULLY PAID Number of +securities that will be issued if an option is exercised 199,964,519

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities to be quoted or provide the information by separate announcement. https://www.asx.com.au/markets/trade-our-cash-market/announcements.dal

Issue details

Number of +securities to be quoted 199,964,519 Are the +securities being issued for a cash consideration? No Please describe the consideration being provided for the +securities payment for consultants and free attaching options Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted 0.001000 Any other information the entity wishes to provide about the +securities to be quoted

The purpose(s) for which the entity is issuing the securities Other Please provide additional details payment for consultants and free attaching options

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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)

4.1 Quoted +securities (total number of each +class of +securities quoted on ASX +securities subject of this application)	following the +quotation of the
	Total number of
ASX +security code and description	+securities on issue
DAL : ORDINARY FULLY PAID	330,201,545
New class - code to be confirmed : OPTIONS @ $0.036 EXP 23/08/2029	199,964,519
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
DALAJ : OPTION EXPIRING 23-AUG-2029 EX $0.036	199,964,519
DALAL : PERFORMANCE RIGHTS	35,500,000
DALAK : OPTION EXPIRING 12-DEC-2028 EX $0.08	3,000,000
DALAG : OPTION EXPIRING 16-MAY-2030 EX $0.05	6,000,000

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

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Appendix 2A - Application for quotation of securities

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Part 5 - Other Listing Rule requirements

5.1 Are the +securities being issued under an exception in Listing Rule 7.2 and therefore the issue does 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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