FIRST LITHIUM LIMITED — Share Issue/Capital Change 2026

Feb 12, 2026

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

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Announcement Summary

Entity name

FIRST LITHIUM LIMITED

Date of this announcement

Friday February 13, 2026

The +securities the subject of this notification are: Other

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	Unlisted options exercisable at $0.30 expiring	10,000,000	12/02/2026
to be confirmed	30/06/2028

Refer to next page for full details of the announcement

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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

FIRST LITHIUM 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 009081770

1.3 ASX issuer code

FL1

1.4 The announcement is

New announcement

1.5 Date of this announcement

13/2/2026

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

Other

Please specify

Broker Options as approved by shareholders on 13 November 2025

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

New +securities

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ASX +security code +Security description
New class - code to be confirmed Unlisted options exercisable at $0.30 expiring 30/06/2028
+Security type ISIN code
Options
Date the +securities the subject of this notification were issued
12/2/2026
Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes
Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under
listing rule 6.1?
Yes
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/2924-03008611-6A1290482&v=undefined
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Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.30000000 30/6/2028

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

FL1 : ORDINARY FULLY PAID

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

Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

Refer to the Notice of Annual General Meeting as announced to ASX on 15 October 2025.

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Issue details

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Number of +securities
10,000,000
Were the +securities issued for a cash consideration?
Yes
In what currency was the cash consideration being	What was the issue price per +security?
paid?
AUD - Australian Dollar	AUD 0.00001000
Purpose of the issue
To pay for services rendered
Additional Details

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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
FL1 : ORDINARY FULLY PAID	108,673,604
FL1O : OPTION EXPIRING 04-SEP-2026	17,904,603

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
FL1AB : OPTION EXPIRING 09-JAN-2030 EX $0.30	8,000,000
FL1AN : OPTION EXPIRING 28-SEP-2027 EX $0.40	1,800,000
FL1AP : PERFORMANCE SHARES	15,000,000
FL1AR : OPTION EXPIRING 12-MAR-2028 EX $0.282	5,000,000
FL1AQ : OPTION EXPIRING 04-SEP-2026 EX $0.30	30,500,000
New class - code to be confirmed : Unlisted options exercisable at $0.30 expiring	10,000,000
30/06/2028

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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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