ENCOUNTER RESOURCES LIMITED — Share Issue/Capital Change 2026

Mar 31, 2026

ASX Announcement 1 April 2026

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Issue of Options

Encounter Resources Ltd (“ Encounter ” or the “ Company ”) advises advises of the issue of 200,000 unlisted options to employees pursuant to the Company’s Employee Share and Option Plan (ESOP).

The issue of the abovementioned incentive securities to employees has been undertaken pursuant to Division 1A of Part 7.12 of the Corporations Act 2001 (Cth).

An Appendix 3G in respect of the abovementioned securities will follow this announcement.

For further information, please contact:

Will Robinson

Executive Chairman

+61 8 9486 9455 contact@enrl.com.au

This announcement has been approved for release by the Company Secretary of Encounter Resources Limited

P +61 8 9486 9455 E contact@enrl.com.au www.enrl.com.au

Encounter Resources Limited Suite 2, 1 Alvan St Subiaco WA 6008