HARTSHEAD RESOURCES NL — M&A Activity 2026

Apr 16, 2026

HARTSHEAD RESOURCES

HARTSHEAD RESOURCES NL (ACN 150 624 169)

T +61(8) 9226 2011

E info@hartshead-resources.com

Unit 64, 89 Aberdeen Street, Northbridge WA 6003

17 April 2026

Revised Indicative Timetable for Scheme of Arrangement

Hartshead Resources NL (ASX: HHR) (Hartshead or Company) provides the following update in relation to the proposed scheme of arrangement under which ACAM GP Limited (as general partner of ACAM LP) will acquire 100% of the issued share capital of Hartshead (Scheme), as announced to ASX on 23 December 2025 ('Hartshead enters into binding Scheme Implementation Deed with ACAM').

Hartshead now anticipates the Scheme Booklet, including an Independent Expert's Report by BDO Corporate Finance Australia Pty Ltd (ACN 124 031 045) and the Notice of Meeting for the Scheme, will be sent to shareholders in early May 2026 for the Scheme Meeting, following the First Court Hearing scheduled for 29 April 2026.

Shareholders will have the opportunity to vote on the Scheme at the Scheme Meeting.

Revised indicative timetable

The revised indicative timetable for the Scheme is set out below:

• First Court Hearing: 29 April 2026
• Despatch of Scheme Booklet: Early May 2026
• Scheme Meeting: Early June 2026
• Second Court Hearing: Mid June 2026
• Effective Date: Mid June 2026
• Record Date: Mid June 2026
• Implementation Date: Late June 2026

Note: These times are indicative only and subject to change.

NSTA consent to Scheme

The condition set out in the Scheme Implementation Deed requiring that the North Sea Transition Authority (NSTA) provide its written consent to the implementation of the Scheme pursuant to the Petroleum Act 1998 (UK) and any other applicable regulations, has been satisfied. The NSTA's consent has been granted subject to the Scheme being implemented by no later than 7 July 2026 (which is expected to be the case based on the Scheme timetable).

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HARTSHEAD
RESOURCES

-Ends-

The Board of Directors of Hartshead Resources NL authorised this announcement to be given to ASX.

For further information on this announcement, visit www.hartshead-resources.com.au or contact:

CONTACTS:
Christopher Lewis
Chief Executive Officer

w: +61 8 9226 2011
e: info@hartshead-resources.com

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