EMU NL — Share Issue/Capital Change 2026

Apr 21, 2026

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

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Announcement Summary

Entity name

EMU NL

Date of this announcement

Wednesday April 22, 2026

The +securities the subject of this notification are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and 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
EMUO	OPTION EXPIRING 31-JAN-2027 DEFERRED	65,369,577	22/04/2026

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

EMU NL

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 ACN 127291927

1.3 ASX issuer code

EMU

1.4 The announcement is

New announcement

1.5 Date of this announcement

22/4/2026

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 2 - Issue details

2.1 The +securities the subject of this notification are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX

Previous Appendix 3B details:

Announcement Date and	Announcement Title	Selected Appendix 3B to submit quotation
Time		request
25-Mar-2026 10:01	New - Proposed issue of securities -	A placement or other type of issue
	EMU

2.3a.2 Are there any further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B? Yes

2.3a.3 Please provide details of the further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B

Shortfall securities yet to be issued

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 3A - number and type of +securities the subject of this notification (existing class or new class) where issue has previously been notified to ASX in an Appendix 3B

Placement Details

ASX +security code and description EMUO : OPTION EXPIRING 31-JAN-2027 DEFERRED Date the +securities the subject of this notification were issued 22/4/2026 Any other information the entity wishes to provide about the +securities the subject of this notification Issue details

Number of +securities 65,369,577 Were the +securities issued for a cash consideration? No Please describe the consideration being provided for the +securities Free attaching options in a non-renounceable rights issue

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 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
EMU : ORDINARY FULLY PAID	286,165,546
EMUCA : ORDINARY PARTLY PAID TO 90C, 90C UNPAID	1,349,586
EMUNE : ORDINARY FULLY PAID DEFERRED	146,610,377
EMUOA : OPTION EXPIRING 31-JAN-2027 DEFERRED	146,610,377
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
EMUAR : PARTLY PAID ORDINARY SHARES	5,705,622
EMUAY : OPTION EXPIRING 28-SEP-2030 EX $0.05	35,917,078
EMUO : OPTION EXPIRING 31-JAN-2027 DEFERRED	211,979,954
EMUN : ORDINARY FULLY PAID DEFERRED	146,610,377
EMUAL : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	10,579,193
EMUAD : OPTION EXPIRING 31-OCT-2026 EX $0.10	33,550,000

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

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

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