IRIS METALS LIMITED — Director's Dealing 2026

Mar 31, 2026

Appendix 3Y Change of Director's Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director's Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX becomes ASX's property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity	IRIS Metals Limited
ABN	61 646 787 135

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director	Christopher Allan Evans
Date of last notice	15 December 2025

Part 1 - Change of director's relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.

Direct or indirect interest	Indirect
Nature of indirect interest(including registered holder)	Christopher Allan Evans (Trustee and Beneficiary)
Date of change	(2) 1 APRIL 2026(3) 1 APRIL 2026
No. of securities held prior to change	(1.1) 1,000,000 - UNLISTED OPT @$0 VEST01/06/2026 EXP 01/12/2027(1.2) 1,000,000 - UNLISTED OPT @$0 VEST01/12/2026 EXP 01/06/2028(2) 0 - ORDINARY FULLY PAID SHARES(3) 0 - UNLISTED OPT @0.2475 EXP 10/02/2029
Class	(2) ORDINARY FULLY PAID SHARES(3) UNLISTED OPT @$0.2475 EXP 10/02/2029
Number acquired	(2) 303,030 - ORDINARY FULLY PAID SHARES(3) 151,515 - UNLISTED OPT @0.2475 EXP10/02/2029
Number disposed	N/A
Value/Consideration	(2) $0.165 PER ORDINARY FULLY PAID SHARES(OR $49,999.95)(3) $NIL - FREE ATTACHING OPTIONSPURSUANT TO PLACEMENT

• See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director's Interest Notice

	Appendix 3YChange of Director's Interest Notice
No. of securities held after change	(1.1) 1,000,000 - UNLISTED OPT @$0 VEST01/06/2026 EXP 01/12/2027(1.2) 1,000,000 - UNLISTED OPT @$0 VEST01/12/2026 EXP 01/06/2028(2) 303,030 - ORDINARY FULLY PAID SHARES(3) 151,515 - UNLISTED OPT @$0.2475 EXP10/02/2029
Nature of change	(2) ISSUE OF PLACEMENT SHARES ASAPPROVED BY SHAREHOLDERS ON 26 MARCH2026.(3) ISSUE OF FREE ATTACHING PLACEMENTOPTIONS AS APPROVED BY SHAREHOLDERSON 26 MARCH 2026.

Part 2 - Change of director's relevant interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder(if issued securities)	N/A
Date of change	N/A
No. and class of securitiesto which interest relatedprior to change	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration	N/A
Interest after change	N/A

Part 3 -[+] Closed period

Part 3 -+Closed period
Were the interests in the securities orcontracts detailed above traded during a+closed period where prior written clearancewas required?	NO
If so, was prior written clearance provided toallow the trade to proceed during this period?	N/A
If prior written clearance was provided, onwhat date was this provided?	N/A

• See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 2