IRIS METALS LIMITED — Director's Dealing 2026

Mar 25, 2026

Appendix 3Z Final Director's Interest Notice

Rule 3.19A.3

Appendix 3Z

Final 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 30/9/2001.

Name of entity	IRIS Metals Limited
ABN	61 646 787 135

We (the entity) give ASX the following information under listing rule 3.19.A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director	Kevin Smith
Date of last notice	13 March 2026
Date that director ceased to be	22 March 2026 (Refer to ASX Release dated 24 March
director	2026)

Part 1 - Director's relevant interests in securities of which the director is the registered holder

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.

Number & class of securities

1,500,000 - ORDINARY FULLY PAID SHARES

1,000,000 - PERF RIGHT CLASS A VESTING 14/05/26 EXP 14/11/26 1,000,000 - PERF RIGHT CLASS B VESTING 14/11/26 EXP 14/05/27 1,000,000 - PERF RIGHT CLASS C VESTING 14/05/27 EXP 14/11/27 1,000,000 - PERFORMANCE RIGHTS – CLASS A – VESTING TBD EXP 29/04/27 1,000,000 - PERFORMANCE RIGHTS – CLASS B – VESTING TBD EXP 29/04/27 1,000,000 - PERFORMANCE RIGHTS – CLASS C – VESTING TBD EXP 29/04/27

It is noted that in respect of all the abovementioned performance rights (PRs), further to their terms, the PRs will not lapse or will not be forfeited where the holder ceases to be a Director of the Company for one of the following reasons: death or total permanent disability.

Part 2 - Director's relevant interests in securities of which the director is not the registered holder

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.

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of	Number & class of Securities
interest
Note: Provide details of the circumstances
giving rise to the relevant interest.
SABASCO VENTURES LLC	1,625,760 - ORDINARY FULLY PAID SHARES
(SABASCO VENTURES LLC

• See chapter 19 for defined terms.

11/03/2002

Appendix 3Z Page 1

Appendix 3Z Final Director's Interest Notice

(owned by director))

Part 3 - Director's interests in contracts

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder (ifissued securities)	N/A
No. and class of securities towhich interest relates	N/A

• See chapter 19 for defined terms.

Appendix 3Z Page 2

11/03/2002