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KUNIKO LIMITED Director's Dealing 2025

Dec 10, 2025

65194_rns_2025-12-10_96636490-a1a5-479e-a482-9d2668a94646.pdf

Director's Dealing

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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 become ASX’s property and may be made public.

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

Name of entity: Kuniko Limited ABN: 99 319 314 055

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 Brendan Borg
Date of last notice 23 September 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 Direct and Indirect
Nature of indirect interest
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant
interest.
Mr Brendan James Borg + Mrs Erin
Belinda Borg A/C>
BorgGeoscience PtyLtd – Director
Date of change 5 December 2025
No. of securities held prior to change Mr Brendan James Borg + Mrs Erin
Belinda Borg
666,667 Fully Paid Ordinary Shares
55,556
Entitlement
Options
exp
22/09/2027
Borg Geoscience Pty Ltd
1,233,333 Fully Paid Ordinary Shares
102,778
Entitlement
Options
exp
22/09/2025
500,000 Director Incentive Options –
Tranche 1 @ 0.69 exp 11/5/2027
500,000 Director Incentive Options –
Tranche [email protected] exp11/5/2027
  • See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Class Performance Rights
Number acquired 4,500,000
Performance
Rights
with
various vesting conditions and expiring 3
December 2028.
Number disposed Nil
Value/Consideration
Note: If consideration is non-cash, provide details and estimated
valuation
Non-cash consideration estimated using
the Black & Scholes pricing model and
based on the assumptions set out in the
Notice of Meetingdated31 October 2025.
No. of securities held after change Mr Brendan James Borg
4,500,000 Performance Rights expiring 3
December 2028.
Mr Brendan James Borg + Mrs Erin
Belinda Borg
666,667 Fully Paid Ordinary Shares
55,556
Entitlement
Options
exp
22/09/2027
Borg Geoscience Pty Ltd
1,233,333 Fully Paid Ordinary Shares
102,778
Entitlement
Options
exp
22/09/2025
500,000 Director Incentive Options –
Tranche 1 @ 0.69 exp 11/5/2027
500,000 Director Incentive Options –
Tranche 2 @ 0.921 exp 11/5/2027
Nature of change
Example: on-market trade, off-market trade, exercise of options,
issue of securities under dividend reinvestment plan, participation in
buy-back
Issue of Performance Rights as approved
by shareholders at the General Meeting
held 3 December 2025.

Part 2 – Change of director’s 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
  • See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Date of change N/A
No. and class of securities to which
interest related prior to change
Note: Details are only required for a contract in
relation to which the interest has changed
N/A
Interest acquired N/A
Interest disposed N/A
Value/Consideration
Note: If consideration is non-cash, provide details
and an estimated valuation
N/A
Interest after change N/A

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed
above traded during a+closed period where prior written
**clearance was required? **
No
If so, was prior written clearance provided to allow the trade
to proceed during this period?
N/A
If prior written clearance was provided, on what date was this
provided?
N/A
  • See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3