EMU NL — Capital/Financing Update 2024

Jun 20, 2024

ASX RELEASE | ASX:EMU

==> picture [65 x 85] intentionally omitted <==

21 June 2024

EXTENDED CLOSING DATE - 5:00pm AWST Wednesday 3 July 2024

The current rights issue closing date has been extended to 5:00pm AWST on Wednesday 3 July 2024.

SIGNIFICANTLY, the driver for the decision to extend was not to enable the Company to collect more money from shareholders. The Prospectus is fully underwritten; therefore EMU does not need the funds from shareholders. RATHER, the decision responds to advice from numerous eligible shareholders who have not yet received entitlement documents under the prospectus ( Prospectus ) dated 4 June 2024 and as dispatched to eligible shareholders on 13 June 2024.

A revised timetable for the Entitlement Offer is as follows:

Revised Indicative Timetable

Closing date for Entitlement Offer (at 5:00pm AWST) (Closing Date)	3 July 2024
New Securities quoted on a deferred settlement basis	4 July 2024
Issue of New Securities and dispatch of confirmation of issue	9 July 2024
Deferred settlement trading of New Shares ends
Normal trading of New Securities on ASX	10 July 2024
First settlement on a normal T+2 basis	12 July 2024

Note : These dates are indicative only. The Company may vary the dates and times of the Entitlement Offer or withdraw it without notice. Accordingly, eligible shareholders are encouraged to submit their Entitlement and Acceptance Form as early as possible. Without limiting the foregoing, subject to the ASX Listing Rules, the directors of the Company reserve the right to extend the Closing Date for the Entitlement Offer. Any extension of the Closing Date will have a consequential effect on the anticipated date for the issue of new securities.

RELEASE AUTHORISED BY THE BOARD

Contact Details: Doug Grewar - Mobile: 0419 833 604 E info@emunl.com.au

- END -

www.emunl.com.au info@emunl.com.au

10 Walker Avenue WEST PERTH WA 6005

ASX Code: EMU ABN: 50 127 291 927

1