EQ RESOURCES LIMITED — Share Issue/Capital Change 2026

Apr 16, 2026

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

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Announcement Summary

Entity name

EQ RESOURCES LIMITED

Date of this announcement

Friday April 17, 2026

The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that 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 New class - code OPTION EXPIRING 3-MARCH-2029 EX $0.35 8,000,000 09/04/2026 to be confirmed

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

EQ RESOURCES LIMITED

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 115009106

1.3 ASX issuer code

EQR

1.4 The announcement is

New announcement

1.5 Date of this announcement

17/4/2026

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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:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

does not have an existing ASX security code ("new class")

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

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Part 3C - number and type of +securities the subject of this notification (new class)

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ASX +security code +Security description
New class - code to be confirmed OPTION EXPIRING 3-MARCH-2029 EX $0.35
+Security type ISIN code
Options
Date the +securities the subject of this notification were issued
9/4/2026
Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes
Were any of the +securities issued to +key management personnel (KMP) or an +associate?
No
Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under
listing rule 6.1?
No
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being
issued.
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-03056284-2A1653519&v=undefined
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Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.35000000 3/3/2029

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

EQR : ORDINARY FULLY PAID

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-03056284-2A1653519&v=undefined

Any other information the entity wishes to provide about the +securities the subject of this notification

Issue details

Number of +securities

8,000,000

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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)

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
EQR : ORDINARY FULLY PAID	5,061,828,256
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
EQRAU : OPTION EXPIRING 03-NOV-2028 EX $0.0512	4,000,000
EQRAX : OPTION EXPIRING 22-MAR-2029 EX $0.15	39,000,000
EQRAO : OPTION EXPIRING 03-JUL-2026 EX $0.10	8,600,000
EQRAR : OPTION EXPIRING 22-NOV-2026 EX $0.10	20,000,000
EQRAV : OPTION EXPIRING 27-NOV-2028 EX $0.05	5,000,000
EQRAS : OPTION EXPIRING 29-NOV-2027 EX $0.07	51,130,000
EQRAQ : OPTION EXPIRING 29-MAY-2027 EX $0.0675	154,893,274
New class - code to be confirmed : OPTION EXPIRING 3-MARCH-2029 EX $0.35	8,000,000

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

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

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Part 5 - Other Listing Rule requirements

5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

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