IPERIONX Ltd — Share Issue/Capital Change 2026

Apr 23, 2026

Appendix 3H - Notification of cessation of securities

Announcement Summary

Entity name
IPERIONX LIMITED

Announcement Type
New announcement

Date of this announcement
Friday April 24, 2026

Details of +securities that have ceased

ASX +security code	Security description	Number of +securities that have ceased	The +securities have ceased due to	Date of cessation
IPXAL	PERFORMANCE RIGHTS 23-APR-2026	400,000	Lapse of conditional right to securities because the conditions have not been, or have become incapable of being, satisfied	23/04/2026

Refer to next page for full details of the announcement

Appendix 3H - Notification of cessation of securities

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Appendix 3H - Notification of cessation of securities

Part 1 - Announcement Details

1.1 Name of +Entity
IPERIONX LIMITED
We (the entity named above) provide the following information about our issued capital.

1.2 Registered Number Type
Registration Number
ABN
84618935372

1.3 ASX issuer code
IPX

1.4 The announcement is
New announcement
1.5 Date of this announcement
24/4/2026

Appendix 3H - Notification of cessation of securities

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Appendix 3H - Notification of cessation of securities

Part 2 - Details of +equity securities or +debt securities that have ceased

ASX +Security Code and Description
IPXAL : PERFORMANCE RIGHTS 23-APR-2026

Unquoted +equity securities that have ceased
Number of securities that have ceased
400,000

Reason for cessation
Lapse of conditional right to securities because the conditions have not been, or have become incapable of being, satisfied

Date of cessation
23/4/2026
Is the entity paying any consideration for the cessation?
No

Any other information the entity wishes to notify to ASX about the cessation?

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Appendix 3H - Notification of cessation of securities

Part 3 - Issued capital following changes

Following the cessation of the +securities the subject of this notification, the issued capital of the entity will comprise:

The figures in parts 3.1 and 3.2 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.

3.1 Quoted +equity securities and +debt securities (total number of each +class of +securities quoted on ASX)

ASX +security code and description	Total number of +securities on issue
IPX : ORDINARY FULLY PAID	339,384,070

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

ASX +security code and description	Total number of +securities on issue
IPXAB : OPTION EXPIRING 02-APR-2030 EX $11.00	511,972
IPXAC : OPTION EXPIRING 02-APR-2031 EX $18.00	1,566,690
IPXAD : OPTION EXPIRING 02-APR-2031 EX $22.00	1,773,209
IPXAE : PERFORMANCE RIGHTS EXPIRING 02-APR-2031	660,077
IPXAY : OPTION EXPIRING 05-DEC-2026 EX $0.87	106,093
IPXAAC : OPTION EXPIRING 30-JUN-2027 EX $8.00	1,305,000
IPXAAD : OPTION EXPIRING 10-APR-2029 EX $5.00	1,374,746
IPXAAE : PERFORMANCE RIGHTS EXPIRING 10-APR-2031	3,473,409
IPXAAA : PERFORMANCE RIGHTS EXPIRING 21-DEC-2028	2,440,000
IPXAL : PERFORMANCE RIGHTS 23-APR-2026	0
IPXAAB : PERFORMANCE RIGHTS EXPIRING 31-DEC-2027	445,000
IPXAW : PERFORMANCE RIGHTS EXPIRING 31-DEC-2026	30,000
IPXAA : OPTION EXPIRING 01-APR-2027 EX $10.00	235,000
IPXAP : RESTRICTED STOCK UNITS	4,111,686

Appendix 3H - Notification of cessation of securities

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Appendix 3H - Notification of cessation of securities

Note: the figures stated in the tables above are used to calculate the total market capitalisation of the entity published by ASX from time to time. The table will not include those classes of +securities that have ceased or lapsed in their entirety in ASX records before the announcement date described in Q1.5, even if the entity has advised ASX of a change to that class of +security in Part 2 of this form.

Appendix 3H - Notification of cessation of securities
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