DYNAMIC METALS LIMITED — Share Issue/Capital Change 2024

Nov 25, 2024

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

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Announcement Summary

Entity name

DYNAMIC METALS LIMITED

Date of this announcement

Tuesday November 26, 2024

The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
DYMAD	PERFORMANCE RIGHTS CLASS A	250,000	26/11/2024
DYMAE	PERFORMANCE RIGHTS CLASS B	99,338	26/11/2024

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

DYNAMIC METALS 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 37659154480

1.3 ASX issuer code

DYM

1.4 The announcement is

New announcement

1.5 Date of this announcement

26/11/2024

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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:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

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

has an existing ASX security code ("existing class")

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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

ASX +security code and description

DYMAD : PERFORMANCE RIGHTS CLASS A

Date the +securities the subject of this notification were issued

26/11/2024

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? Yes

Provide details of the KMP or +associates being issued +securities.

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Name of KMP Name of registered holder Number of +securities
Karen Wellman Toby Wellman ATF Serpentine 250,000
Investment Trust
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://dynamicmetals.com.au/investor-centre/#asx
Any other information the entity wishes to provide about the +securities the subject of this notification
Approved by shareholders at Annual General Meeting on 26 November 2024
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Issue details Number of +securities 250,000 ASX +security code and description DYMAE : PERFORMANCE RIGHTS CLASS B Date the +securities the subject of this notification were issued 26/11/2024

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? Yes

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

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Provide details of the KMP or +associates being issued +securities.

Provide details of the KMP or +associates being issued +securities.
Name of KMP Name of registered holder	Number of +securities
Karen Wellman Toby Wellman ATF Serpentine Investment Trust	99,338
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://dynamicmetals.com.au/investor-centre/#asx
Any other information the entity wishes to provide about the +securities	the subject of this notification

Issue details

Number of +securities 99,338

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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
DYM : ORDINARY FULLY PAID	36,000,000
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
DYMAD : PERFORMANCE RIGHTS CLASS A	600,000
DYMAE : PERFORMANCE RIGHTS CLASS B	198,676
DYMAC : OPTION EXPIRING 16-JAN-2026 RESTRICTED	5,412,500
DYMAB : ORDINARY FULLY PAID RESTRICTED	12,985,001

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

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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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