HAWSONS IRON LTD — Share Issue/Capital Change 2026

May 6, 2026

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

Announcement Summary

Entity name
HAWSONS IRON LTD

Date of this announcement
Thursday May 07, 2026

The +securities the subject of this notification are:
+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX

Total number of +securities to be issued/transferred

ASX +security code	Security description	Total number of +securities to be issued/transferred	Issue date
HIOAC	OPTION EXPIRING 06-FEB-2029 EX $0.028	11,250,000	07/05/2026

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

Part 1 - Entity and announcement details

1.1 Name of entity
HAWSONS IRON LTD
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
ABN
63095117981

1.3 ASX issuer code
HIO

1.4 The announcement is
New announcement

1.5 Date of this announcement
7/5/2026

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

Part 2 - Issue details

2.1 The +securities the subject of this notification are:
+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX

Previous Appendix 3B details:

Announcement Date and Time	Announcement Title	Selected Appendix 3B to submit quotation request
02-Feb-2026 08:53	New - Proposed issue of securities - HIO	A placement or other type of issue

2.3a.2 Are there any further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B?
No

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

Part 3A - number and type of +securities the subject of this notification (existing class or new class) where issue has previously been notified to ASX in an Appendix 3B

Placement Details

ASX +security code and description
HIOAC : OPTION EXPIRING 06-FEB-2029 EX $0.028

Date the +securities the subject of this notification were issued
7/5/2026

Any other information the entity wishes to provide about the +securities the subject of this notification
Free attaching placement options issued to Directors following shareholder approval being received on 23 April 2026

Issue details

Number of +securities
11,250,000

Were the +securities issued for a cash consideration?
No

Please describe the consideration being provided for the +securities
Free attaching options issued as part of share placement.

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

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)

ASX +security code and description	Total number of +securities on issue
HIO : ORDINARY FULLY PAID	1,255,067,135
HIOO : OPTION EXPIRING 30-MAY-2026	102,440,309

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

ASX +security code and description	Total number of +securities on issue
HIOAC : OPTION EXPIRING 06-FEB-2029 EX $0.028	150,125,000
HIOAA : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	27,700,000

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