ELEMENT 25 LIMITED — Share Issue/Capital Change 2023

Nov 29, 2023

ANNOUNCEMENT | 30 NOVEMBER 2023 | ASX: E25

ISSUE OF SECURITIES AND CLEANSING NOTICE

Element 25 Limited (Element 25, E25 or Company) (ASX:E25) advises that a total of 2,000,000 fully paid ordinary shares (Shares) have been issued (24 November 2023) for the recent exercise of options.

A completed Appendix 2A has been lodged with this issue of ordinary shares.

Notice under Under Section 708A(5)(e) of the Corporations Act 2001

In respect of the Shares, E25 gives notice under section 708A(5)(e) of the Corporations Act 2001 (Cth) (Act) of the following:

1. The Shares were issued without disclosure under Part 6D.2 of the Act;

2. As at the date of this notice, the Company has complied with:

   • a. the provisions of Chapter 2M of the Act as they apply to the Company; and

   • b. section 674 of the Act; and

3. As at the date of this notice, there is no information to be disclosed which is excluded information (as defined in section 708A(7) of the Act) that is reasonable for investors and their professional advisers to expect to find in a disclosure document.

This announcement is authorised for market release by the Company’s Board of Directors.

Justin Brown Managing Director

About Element 25

Element 25 is an ASX listed company ( ASX: E25 ) operating the world class 100%-owned Butcherbird Manganese Project in

Western Australia ( Butcherbird ), shipping high quality manganese oxide concentrate to partners in traditional steel related industries.

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.

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

ABN: 46 119 711 929 T: +61 8 6375 2525

E: admin@e25.com.au

W: element25.com.au

Element 25 Limited