INFINITY MINING LIMITED — Share Issue/Capital Change 2026

Jan 21, 2026

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

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Announcement Summary

Entity name

INFINITY MINING LIMITED

Date of this announcement

Thursday January 22, 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

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
New class - code	Performance Rights Director Incentive	55,000,000	16/01/2026
to be confirmed

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

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Part 1 - Entity and announcement details

1.1 Name of entity

INFINITY MINING 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 ABN 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 3G - Notification of issue, conversion or payment up of unquoted equity securities

Part 2 - Issue details

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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	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

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

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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 new unquoted class of security

Date the +securities the subject of this notification were issued 16/1/2026

Any other information the entity wishes to provide about the +securities the subject of this notification Performance Rights were Issued pursuant to shareholder approvals at the 19 December 2025 General Meeting.

Issue details

Number of +securities 55,000,000 Were the +securities issued for a cash consideration? No

Please describe the consideration being provided for the +securities

Issued as directors long-term incentive for services provided, subject to shareholder-approved performance conditions.

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

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

ASX +security code New class - code to be confirmed +Security description Performance Rights Director Incentive
+Security type ISIN code
Other
Date the +securities the subject of this notification were issued
16/1/2026
Will all the +securities issued in this class rank equally in all respects from their issue date?
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/2924-03040069-6A1304562&v=undefined https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-03026689-6A1298480&v=undefined	and
Any other information the entity wishes to provide about the +securities the subject of this notification
Subject to the terms and vesting conditions set out in the Notice of Meeting dated 19 December 2025.
Issue details
Number of +securities
55,000,000

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

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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)

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
IMIO : OPTION EXPIRING 15-NOV-2028	422,010,220
IMI : ORDINARY FULLY PAID	523,015,777

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
New class - code to be confirmed : Performance Rights Director Incentive	55,000,000

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

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