EQ RESOURCES LIMITED — Share Issue/Capital Change 2026

May 12, 2026

Appendix 3H - Notification of cessation of securities

Announcement Summary

Entity name
EQ RESOURCES LIMITED

Announcement Type
New announcement

Date of this announcement
Wednesday May 13, 2026

Details of +securities that have ceased

ASX +security code	Security description	Number of +securities that have ceased	The +securities have ceased due to	Date of cessation
EQRAO	OPTION EXPIRING
03-JUL-2026 EX $0.10	235,295	Other	12/05/2026

Refer to next page for full details of the announcement

Appendix 3H - Notification of cessation of securities

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Appendix 3H - Notification of cessation of securities

Part 1 - Announcement Details

1.1 Name of +Entity
EQ RESOURCES LIMITED
We (the entity named above) provide the following information about our issued capital.

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
13/5/2026

Appendix 3H - Notification of cessation of securities

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Appendix 3H - Notification of cessation of securities

Part 2 - Details of +equity securities or +debt securities that have ceased

ASX +Security Code and Description
EQRAO : OPTION EXPIRING 03-JUL-2026 EX $0.10

Unquoted +equity securities that have ceased
Number of securities that have ceased
235,295

Reason for cessation
Other

Please provide additional details
Unlisted Options expiring immediately upon the utilisation of the Company's cashless exercise facility

Date of cessation
12/5/2026
Is the entity paying any consideration for the cessation?
No

Any other information the entity wishes to notify to ASX about the cessation?

Appendix 3H - Notification of cessation of securities
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Appendix 3H - Notification of cessation of securities

Part 3 - Issued capital following changes

Following the cessation of the +securities the subject of this notification, the issued capital of the entity will comprise:

The figures in parts 3.1 and 3.2 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.

3.1 Quoted +equity securities and +debt securities (total number of each +class of +securities quoted on ASX)

ASX +security code and description	Total number of +securities on issue
EQR : ORDINARY FULLY PAID	5,064,313,278

3.2 Unquoted +equity securities (total number of each +class of +equity securities issued but not quoted on ASX)

ASX +security code and description	Total number of +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	8,364,705
EQRAZ : OPTION EXPIRING 03-MAR-2029 EX $0.35	8,000,000
EQRAY : PERFORMANCE RIGHTS	5,700,000
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	49,645,625
EQRAQ : OPTION EXPIRING 29-MAY-2027 EX $0.0675	153,477,002

Note: the figures stated in the tables above are used to calculate the total market capitalisation of the entity published by ASX from time to time. The table will not include those classes of +securities that have ceased or lapsed in their entirety in ASX records before the announcement date described in Q1.5, even if the entity has advised ASX of a change to that class of +security in Part 2 of this form.

Appendix 3H - Notification of cessation of securities