DXN LIMITED — Share Issue/Capital Change 2026

May 14, 2026

Appendix 3H - Notification of cessation of securities

Announcement Summary

Entity name
DXN LIMITED

Announcement Type
New announcement

Date of this announcement
Friday May 15, 2026

Details of +securities that have ceased

ASX +security code	Security description	Number of +securities that have ceased	The +securities have ceased due to	Date of cessation
DXNAE	PERFORMANCE RIGHTS	3,500,000	Other	14/05/2026

Refer to next page for full details of the announcement

Appendix 3H - Notification of cessation of securities

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Appendix 3H - Notification of cessation of securities

Part 1 - Announcement Details

1.1 Name of +Entity
DXN LIMITED
We (the entity named above) provide the following information about our issued capital.

1.2 Registered Number Type
Registration Number
ABN
46620888548

1.3 ASX issuer code
DXN

1.4 The announcement is
New announcement
1.5 Date of this announcement
15/5/2026

Appendix 3H - Notification of cessation of securities

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Appendix 3H - Notification of cessation of securities

Part 2 - Details of +equity securities or +debt securities that have ceased

ASX +Security Code and Description
DXNAE : PERFORMANCE RIGHTS

Unquoted +equity securities that have ceased
Number of securities that have ceased
3,500,000

Reason for cessation
Other

Please provide additional details
Options have been issued under the new Employee Incentive Plan to replace the subject performance rights previously awarded to the Managing Director and represented the latter's FY25 LTI award, following shareholder approval at the 21 November 2025 AGM.

Date of cessation
14/5/2026

Is the entity paying any consideration for the cessation?
No

Any other information the entity wishes to notify to ASX about the cessation?

Appendix 3H - Notification of cessation of securities

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Appendix 3H - Notification of cessation of securities

Part 3 - Issued capital following changes

Following the cessation of the +securities the subject of this notification, the issued capital of the entity will comprise:

The figures in parts 3.1 and 3.2 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.

3.1 Quoted +equity securities and +debt securities (total number of each +class of +securities quoted on ASX)

ASX +security code and description	Total number of +securities on issue
DXN : ORDINARY FULLY PAID	314,204,714

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

ASX +security code and description	Total number of +securities on issue
DXNAP : OPTION EXPIRING 22-JAN-2028 EX $0.03	2,666,666
DXNAE : PERFORMANCE RIGHTS	0
DXNAQ : OPTION EXPIRING 06-DEC-2026 EX $0.14	10,000,000

Note: the figures stated in the tables above are used to calculate the total market capitalisation of the entity published by ASX from time to time. The table will not include those classes of +securities that have ceased or lapsed in their entirety in ASX records before the announcement date described in Q1.5, even if the entity has advised ASX of a change to that class of +security in Part 2 of this form.

Appendix 3H - Notification of cessation of securities