ELEMENT 25 LIMITED — Capital/Financing Update 2024

May 26, 2024

ANNOUNCEMENT | 27 MAY 2024 | ASX: E25

ELEMENT 25 SHARE PURCHASE PLAN CLEANSING NOTICE

Element 25 Limited ( Element 25 or Company ) ( ASX: E25 ; OTCQX: ELMTF ) refers to its announcement on 21 May 2024 in respect of the opportunity for eligible shareholders to purchase up to $30,000 worth of new fully paid ordinary shares in the Company under a share purchase plan ( SPP ).

The SPP will be offered in accordance with Australian Securities and Investments Commission ( ASIC ) Corporations (Share and

Interest Purchase Plan) Instrument 2019/547 ( Instrument ) and Element 25 gives notice that:

1. The Company will make offers to issue shares under a SPP without disclosure to investors under Part 6D.2 of the Corporations Act 2001 (Cth) ( Act ).

2. This notice is given in accordance with the Instrument.

3. As at the date of this notice, the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company and section 674 of the Act.

4. As at the date of this notice, there is “no excluded information” within the meaning of sections 708A(7) and 708A(8) of the Act (as if this notice were a notice under paragraph 708A(5)(e) of the Act).

This announcement is authorised for market release by Element 25 Limited’s Board of Directors.

Company information, ASX announcements, investor presentations, corporate videos, and other investor material in the

Company’s projects can be viewed at: www.element25.com.au.

Media Inquiries:

Justin Brown Media Inquiries: Managing Director Nathan Ryan Email: admin@e25.com.au Email: nathan.ryan@nwrcommunications.com.au Phone: +61 (8) 6375 2525 Phone: +61 (0) 420 582 887

Element 25 Limited

ABN: 46 119 711 929 T: +61 8 6375 2525 E: admin@e25.com.au W: element25.com.au