INFINITY MINING LIMITED — Capital/Financing Update 2026

Jan 21, 2026

Appendix 2A - Application for quotation of securities

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Announcement Summary

Entity name

INFINITY MINING LIMITED

Announcement Type

New announcement

Date of this announcement

Thursday January 22, 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		Number of +securities to
code	Security description	be quoted	Issue date
IMIO	OPTION EXPIRING 15-NOV-2028	11,882,299	16/01/2026
IMI	ORDINARY FULLY PAID	11,882,299	16/01/2026

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

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Part 1 - Entity and announcement details

1.1 Name of entity

INFINITY MINING 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

ABN

Registration number

73609482180

1.3 ASX issuer code

IMI

1.4 The announcement is

New announcement

1.5 Date of this announcement

22/1/2026

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Appendix 2A - Application for quotation of securities

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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	Announcement Title	Selected Appendix 3B to submit quotation
Time		request
14-Jan-2026 20:27	New - Proposed issue of securities - IMI	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 2A - Application for quotation of securities

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Appendix 2A - Application for quotation of securities

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

Placement Details

ASX +security code and description IMI : ORDINARY FULLY PAID

Issue date

16/1/2026

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.

category.
		Total percentage of +securities held
Number of +securities held	Number of holders	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		%

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Appendix 2A - Application for quotation of securities

Issue details

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Number of +securities to be quoted 11,882,299 Are the +securities being issued for a cash consideration? Yes In what currency is the cash consideration being paid? What is the issue price per +security? AUD - Australian Dollar AUD 0.01000000 Any other information the entity wishes to provide about the +securities to be quoted

Issued pursuant to shareholder approvals at the 19 December 2025 General Meeting to satisfy director remuneration and fee entitlements.

ASX +security code and description

IMIO : OPTION EXPIRING 15-NOV-2028

Issue date

16/1/2026

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.

category.
		Total percentage of +securities held
Number of +securities held	Number of holders	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		%

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Appendix 2A - Application for quotation of securities

Issue details

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Number of +securities to be quoted

11,882,299

Are the +securities being issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

Non-cash consideration being listed options issued for nil cash consideration on a one-for-one basis with shares issued to directors pursuant to shareholder approvals under ASX Listing Rule 10.11.

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted

237,645.980000

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

Issued pursuant to shareholder approvals at the 19 December 2025 General Meeting to satisfy director remuneration and fee entitlements.

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Appendix 2A - Application for quotation of securities

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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)

+securities subject of this application)
	Total number of
ASX +security code and description	+securities on issue
IMIO : OPTION EXPIRING 15-NOV-2028	433,892,519
IMI : ORDINARY FULLY PAID	534,898,076
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
IMIAJ : OPTION EXPIRING 30-OCT-2027 EX $0.029	20,000,000
IMIAM : OPTION EXPIRING 04-SEP-2028 EX $0.0105	60,000,000
IMIAK : OPTION EXPIRING 30-NOV-2029 EX $0.07	35,000,000
IMIAG : OPTION EXPIRING 21-JUL-2026 EX $0.163	5,000,000

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

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