EMERALD RESOURCES NL — Major Shareholding Notification 2026

Jan 6, 2026

605 page 1/2 15 July 2001

Form 605

Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme Emerald Resources NL

009 795 046 ACN/ARSN

1. Details of substantial holder(1)

Name

T. Rowe Price Associates, Inc.

ACN/ARSN (if applicable)

The holder ceased to be a substantial holder on 02 01 2026 / / The previous notice was given to the company on 09 12 2025 / / The previous notice was dated 05 12 2025 / /

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of change	Person whose relevant interest changed	Nature of change (4)	Consideration given in relation to change(5)	Class (6) and number of securities affected	Person's votes affected
See Annexu	re 1

3. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable) Nature of association

4. Addresses

The addresses of persons named in this form are as follows:

Name	Address
T. Rowe Price Associates, Inc.	1307 Point Street, Baltimore, MD 21231
T. Rowe Price International Ltd	Warwick Court, 5 Paternoster Square, London, EC4M 7DX, United Kingdom
T. Rowe Price Australia Limited 1 Farrer Place, Syndey, Australia NSW, 2000

Signature

print name	capacity Ellen York	Vice President
sign here	date	/ / 06 01 2026

Annexure 1

Date of Change	Person whose relevant interest changed	Nature of change	Nature of change	Consideration given in relation to change (AUD)	Class and number of securities		Person's votes affected
8-Dec-25	T. Rowe Price Australia Limited		Purchase	5.248	6252 ordinaryshares		6,252
8-Dec-25	T. Rowe Price Australia Limited		Purchase	5.248	923 ordinaryshares		923
11-Dec-25	T. Rowe Price International Ltd.		Purchase	5.503	287 ordinaryshares		287
12-Dec-25	T. Rowe Price International Ltd.		Sale	5.896	185568 ordinaryshares		185,568
16-Dec-25	T. Rowe Price International Ltd.		Purchase	6.008	591967 ordinaryshares		591,967
16-Dec-25	T. Rowe Price International Ltd.		Purchase	5.950	157409 ordinaryshares		157,409
16-Dec-25	T. Rowe Price International Ltd.		Purchase	6.008	145060 ordinaryshares		145,060
16-Dec-25	T. Rowe Price International Ltd.		Purchase	5.950	38572 ordinaryshares		38,572
16-Dec-25	T. Rowe Price International Ltd.		Purchase	6.008	6399 ordinaryshares		6,399
16-Dec-25	T. Rowe Price International Ltd.		Purchase	5.950	1701 ordinaryshares		1,701
16-Dec-25	T. Rowe Price International Ltd.		Purchase	6.008	5254 ordinaryshares		5,254
16-Dec-25	T. Rowe Price International Ltd.		Purchase	5.950	1397 ordinaryshares		1,397
16-Dec-25	T. Rowe Price International Ltd.		Purchase	6.008	908 ordinaryshares		908
16-Dec-25	T. Rowe Price International Ltd.		Purchase	5.950	241 ordinaryshares		241
16-Dec-25	T. Rowe Price International Ltd.		Purchase	6.008	688 ordinaryshares		688
16-Dec-25	T. Rowe Price International Ltd.		Purchase	5.950	183 ordinaryshares		183
16-Dec-25	T. Rowe Price International Ltd.		Sale	5.952	197517 ordinaryshares		197,517
16-Dec-25	T. Rowe Price International Ltd.		Sale	5.952	200000 ordinaryshares		200,000
16-Dec-25	T. Rowe Price International Ltd.		Purchase	6.008	1868 ordinaryshares		1,868
16-Dec-25	T. Rowe Price International Ltd.		Purchase	5.950	497 ordinaryshares		497
16-Dec-25	T. Rowe Price International Ltd.		Sale	5.900	127 ordinaryshares		127
17-Dec-25	T. Rowe Price International Ltd.		Purchase	6.014	87682 ordinaryshares		87,682
17-Dec-25	T. Rowe Price International Ltd.		Purchase	6.138	944449 ordinaryshares		944,449
17-Dec-25	T. Rowe Price International Ltd.		Purchase	6.014	21486 ordinaryshares		21,486
17-Dec-25	T. Rowe Price International Ltd.		Purchase	6.138	231434 ordinaryshares		231,434
17-Dec-25	T. Rowe Price International Ltd.		Purchase	6.014	948 ordinaryshares		948
17-Dec-25	T. Rowe Price International Ltd.		Purchase	6.138	10209 ordinaryshares		10,209
17-Dec-25	T. Rowe Price International Ltd.		Purchase	6.014	778 ordinaryshares		778
17-Dec-25	T. Rowe Price International Ltd.		Purchase	6.138	8383 ordinaryshares		8,383
17-Dec-25	T. Rowe Price Australia Limited		Sale	5.970	226 ordinaryshares		226
17-Dec-25	T. Rowe Price Australia Limited		Sale	5.970	185 ordinaryshares		185
17-Dec-25	T. Rowe Price Australia Limited		Sale	5.970	1909 ordinaryshares		1,909
17-Dec-25	T. Rowe Price Australia Limited		Sale	5.970	176 ordinaryshares		176
17-Dec-25	T. Rowe Price International Ltd.		Purchase	6.014	134 ordinaryshares		134
17-Dec-25	T. Rowe Price International Ltd.		Purchase	6.138	1448 ordinaryshares		1,448
17-Dec-25	T. Rowe Price International Ltd.		Purchase	6.014	102 ordinaryshares		102
17-Dec-25	T. Rowe Price International Ltd.		Purchase	6.138	1098 ordinaryshares		1,098
17-Dec-25	T. Rowe Price International Ltd.		Purchase	6.014	277 ordinaryshares		277
17-Dec-25	T. Rowe Price International Ltd.		Purchase	6.138	2979 ordinaryshares		2,979
17-Dec-25	T. Rowe Price Australia Limited		Sale	5.970	2163 ordinaryshares		2,163
19-Dec-25	T. Rowe Price International Ltd.		Sale	6.360	181939 ordinaryshares		181,939
19-Dec-25	T. Rowe Price International Ltd.		Sale	6.360	185000 ordinaryshares		185,000
19-Dec-25	T. Rowe Price International Ltd.		Sale	6.312	768 ordinaryshares		768

Annexure 1

24-Dec-25	T. Rowe Price International Ltd.	Purchase	6.440	1990 ordinaryshares	1,990
30-Dec-25	T. Rowe Price International Ltd.	Sale	6.284	154714 ordinaryshares	154,714
30-Dec-25	T. Rowe Price International Ltd.	Sale	6.284	455388 ordinaryshares	455,388
30-Dec-25	T. Rowe Price International Ltd.	Purchase	6.150	37 ordinaryshares	37
31-Dec-25	T. Rowe Price International Ltd.	Sale	6.354	76076 ordinaryshares	76,076
31-Dec-25	T. Rowe Price International Ltd.	Sale	6.318	76132 ordinaryshares	76,132
31-Dec-25	T. Rowe Price International Ltd.	Sale	6.354	223924 ordinaryshares	223,924
31-Dec-25	T. Rowe Price International Ltd.	Sale	6.318	224090 ordinaryshares	224,090
2-Jan-26	T. Rowe Price International Ltd.	Sale	6.302	75192 ordinaryshares	75,192
2-Jan-26	T. Rowe Price International Ltd.	Sale	6.302	221323 ordinaryshares	221,323

This is annexure 1 referred to on page 1 of Form 605 (Notice of change of interest of substantial holder)

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Ellen York, Vice President

6-Jan-26