MACRO METALS LIMITED — Capital/Financing Update 2025

Aug 12, 2025

ASX Announcement 13 August 2025

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Cleansing Notice

Notification under paragraph 708A(5)(e) of the Corporations Act 2001 (Cth)

This notice is given by Macro Metals Limited ( Issuer or Company ) ( ASX:M4M ) under section 708A(5)(e) of the Corporations Act 2001 (Cth) (“ Act ”).

The Company has today issued 241,282,855 ordinary fully paid shares at an issue price of $0.007 (0.7 cents) pursuant to the Placement announced 5 August 2025 (“ Issued Shares ”)

In accordance with section 708A(5)(e) of the Act, the Company gives notice that:

1. the Issued Shares were issued without disclosure to investors under Part 6D.2 of the Act;

2. as at the date of this notice, the Company has complied with the provisions of Chapter 2M of the Act, as they apply to the Company and sections 674 and 674A of the Act; and

3. as at the date of this notice, other than as disclosed below, there is no information that is ‘excluded’ information within the meanings of section 708A(7) and 708A(8) of the Act, being information:

4. a) that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules;

5. b) that investors and their professional advisers would reasonably require for the purposes of making and informed assessment of:

   • i. the assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or

   • ii. the rights and liabilities attaching to the Securities.

As previously disclosed, the Company has continued to undertake extensive business development since the beginning of 2025, reaffirming its commitment to delivering a robust mining services business with long term, sustainable growth prospect. In addition to the updates previously disclosed, a further update as to the business ‑ development pipeline is provided in Annexure A.

The Company cautions that all the business development opportunities remain subject to final contract award, scope confirmation, customary approvals and client schedules. There is no assurance that any or all of these opportunities will proceed or proceed on the values or timelines indicated. Investors are therefore cautioned against making investment decisions based on the current business-development pipeline

This announcement has been authorised for release by the Board of Macro Metals Limited.

For further information please contact:

Macro Metals Limited

Stephen Buckley Company Secretary Stephen.Buckley@macrometals.com.au

ASX:M4M

Macro Metals Limited L3 25 Prowse St, West Perth WA 6005

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macrometals.com.au ACN 001 894 033

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Annexure A

Opportunity	Work Type	Region	Potential Revenue	Stage / Status
Tier 2 Iron Ore Company Tailings haulage	Haulage of iron ore tailings	Mid-West	A$6-18M pending term (3 to 9 months) (100% interest)	Shortlisted Tenderer
Tier 1 Mining Company – supply of construction materials	Winning, screening & delivery of ~850,000t construction sand	Pilbara	A$18-24M over 12- 18 months (49% joint venture interest plus mining services margins)	Potential sole source negotiation via Macro majority-Indigenous owned JV
Incorporated Joint Venture for gold focused mining services and farm-in opportunities	Targeting mining services +/- profit-share in gold projects	Goldfields	Not currently ascertainable	Non-binding, in-principle agreement reached; commenced negotiation of binding terms
Incorporated JV & Farm-in – Iron Ore Project	Site establishment/civils, drill & blast and mining jointly with other JV partner. Crushing/screening, managing port, shipping and sales and marketing 100% Macro	Pilbara	Project equity 35%; mining services revenue and margins to be determined	Commenced negotiation of binding heads of agreement

Forward - Looking Statements

This Annexure contains forward-looking statements, including indicative contract values, timing estimates and financial outlook information. Such statements are based on a number of assumptions (commodity prices, award timing, mobilisation schedules, fleet availability, labour costs, regulatory approvals and JV share) that are subject to business, economic and competitive uncertainties and contingencies beyond the Company’s control. No assurance is given that the events described will occur as contemplated or that the estimates will be achieved. Investors should not place undue reliance on forward-looking statements. Except as required by law (including the ASX Listing Rules), the Company undertakes no obligation to update them.

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Macro Metals Limited L3 25 Prowse St, West Perth WA 6005

macrometals.com.au ACN 001 894 033

ASX:M4M