HYDRIX LIMITED — Share Issue/Capital Change 2026

May 25, 2026

Appendix 2A - Application for quotation of securities

Announcement Summary

Entity name
HYDRIX LIMITED

Announcement Type
New announcement

Date of this announcement
Tuesday May 26, 2026

The +securities to be quoted are:
+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B
Total number of +securities to be quoted

ASX +security code	Security description	Number of +securities to be quoted	Issue date
HYD	ORDINARY FULLY PAID	777,469,694	26/05/2026
HYDOC	OPTION EXPIRING 30-JUN-2029 DEFERRED	777,469,694	26/05/2026

Refer to next page for full details of the announcement

Appendix 2A - Application for quotation of securities

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Appendix 2A - Application for quotation of securities

Part 1 - Entity and announcement details

1.1 Name of entity
HYDRIX LIMITED
We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

1.2 Registered number type
ACN
Registration number
060369048

1.3 ASX issuer code
HYD

1.4 The announcement is
New announcement

1.5 Date of this announcement
26/5/2026

Appendix 2A - Application for quotation of securities
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Appendix 2A - Application for quotation of securities

Part 2 - Type of Issue

2.1 The +securities to be quoted are:
+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B

Previous Appendix 3B details:
| Announcement Date and Time | Announcement Title | Selected Appendix 3B to submit quotation request |
| --- | --- | --- |
| 18-May-2026 10:32 | New - Proposed issue of securities - HYD | An accelerated offer (institutional) |

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?
Yes

2.3a.3 Please provide details of the further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B

The issue of securities under the retail component of entitlement offer has yet to take place.

Appendix 2A - Application for quotation of securities
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Appendix 2A - Application for quotation of securities

Part 3A - number and type of +securities to be quoted where issue has previously been notified to ASX in an Appendix 3B

Institutional Securities

ASX +security code and description
HYD : ORDINARY FULLY PAID

Issue date
26/5/2026

Distribution Schedule

Provide a distribution schedule for the new +securities according to the categories set out in the left hand column - including the number of recipients and the total percentage of the new +securities held by the recipients in each category.

| Number of +securities held | Number of holders | Total percentage of +securities held
For example, to enter a value of 50%
please input as 50.00 |
| --- | --- | --- |
| 1 - 1,000 | | % |
| 1,001 - 5,000 | | % |
| 5,001 - 10,000 | | % |
| 10,001 - 100,000 | | % |
| 100,001 and over | | % |

Issue details

Number of +securities to be quoted
777,469,694

Issue currency	Issue price or consideration per +security
AUD - Australian Dollar	AUD 0.00500000

Any other information the entity wishes to provide about the +securities to be quoted

Appendix 2A - Application for quotation of securities

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Appendix 2A - Application for quotation of securities

ASX +security code and description

HYDOC : OPTION EXPIRING 30-JUN-2029 DEFERRED

Issue date

26/5/2026

Distribution Schedule

Provide a distribution schedule for the new +securities according to the categories set out in the left hand column - including the number of recipients and the total percentage of the new +securities held by the recipients in each category.

| Number of +securities held | Number of holders | Total percentage of +securities held
For example, to enter a value of 50%
please input as 50.00 |
| --- | --- | --- |
| 1 - 1,000 | 0 | 0.00 % |
| 1,001 - 5,000 | 0 | 0.00 % |
| 5,001 - 10,000 | 0 | 0.00 % |
| 10,001 - 100,000 | 0 | 0.00 % |
| 100,001 and over | 156 | 100.00 % |

Issue details

Number of +securities to be quoted

777,469,694

Issue currency

Issue price or consideration per +security

AUD - Australian Dollar

AUD 0.00000000

Any other information the entity wishes to provide about the +securities to be quoted

The options are issued as free attaching options on the basis of 1 option for each share issued under the Entitlement Offer.

Appendix 2A - Application for quotation of securities

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Appendix 2A - Application for quotation of securities

Part 4 - Issued capital following quotation

Following the quotation of the +securities the subject of this application, the issued capital 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 quoted on ASX following the +quotation of the +securities subject of this application)

ASX +security code and description	Total number of +securities on issue
HYD : ORDINARY FULLY PAID	1,050,238,541
HYDOC : OPTION EXPIRING 30-JUN-2029 DEFERRED	2,414,082,776

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
HYDAC : PERFORMANCE RIGHTS	10,400,000
HYDAB : OPTION EXPIRING 30-JUN-2029 EX $0.028	1,534,250
HYDAE : ORDINARY FULLY PAID DEFERRED	1,636,613,082
HYDAA : OPTION EXPIRING 30-JUN-2028 EX $0.0726	1,126,750
HYDAO : OPTION EXPIRING 30-JUN-2026 EX $0.10	527,625
HYDAT : CONVERTIBLE NOTES	2,922,000
HYDAR : OPTION EXPIRING 30-JUN-2027 EX $0.175	411,040

Appendix 2A - Application for quotation of securities