IRON BEAR RESOURCES LTD — Director's Dealing 2025

Nov 24, 2025

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 become ASX’s property and may be made public.

Introduced 30/9/2001.

Name of entity	CYCLONE METALS LIMITED
ABN	71 095 047 920

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

Name of director	Tim Turner
Date of last notice	18 July 2025
Date that director ceased to be director	23 November 2025

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

Nil

• See chapter 19 for defined terms.

11/3/2002

Appendix 3Z Page 1

Appendix 3Z Final Director’s Interest Notice

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 interestNote: Provide details of the circumstances giving rise tothe relevant interestHalle Woody Pty Ltd < The WoodyS/F A/C>, a company and fundcontrolled by Mr Turner.Marnichar Nominees Pty Ltd ATFthe Hallemar TrustTimmarin Holdings Pty Ltd ATFThe Timothy Paul Turner FamilyTrust	Number & class of securities279,225 Fully Paid Ordinary Shares2,900,001 Fully Paid Ordinary Shares1,000,000 Unlisted Class B Incentive Options($0.10 expiring 5 December 2025)500,000 Unlisted Class C Incentive Options($0.20 expiring 5 December 2026)6,600,000ListedOptions($0.032expiring30/11/2028)382,144 Fully Paid Ordinary Shares

Part 3 – Director’s interests in contracts

Detail of contract NIL Nature of interest NIL Name of registered holder NIL (if issued securities) No. and class of securities to NIL which interest relates

Date of this notice: 25 November 2025

• See chapter 19 for defined terms.

Appendix 3Z Page 2

11/3/2002