MACRO METALS LIMITED — Capital/Financing Update 2026

Feb 15, 2026

ASX Announcement

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 issued 6,550,000 ordinary fully paid shares ( Shares ), following the exercise of 6,550,000 options at an exercise price of $0.008 per Share (“ 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:

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

   • 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 continues to undertake extensive business development, 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

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

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macrometals.com.au ACN 001 894 033

ASX:M4M

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Annexure A

Opportunity	Region	Potential Revenue	Stage / Status
Exclusivity has been granted by ASXlisted gold miner while negotiating abinding agreement for Macro GoldMining Services to provide miningservices and acquire 40% profit sharein 40-60,000oz at ~2g/t to be minedand processed over 10 month period	Goldfields	Unable to be ascertained	Exclusivity agreement in place, binding termssheet in advanced negotiation
Nyapiri Macro Mining (49% owned byCompany) to provide mining servicesto tier 1 iron ore producer	Pilbara	Unable to be ascertained	Finalising scope of work and pricing for firstwork package instruction to be issued underFramework Agreement involvingapproximately 13 months of site based civilworks commencing Q2/CY26
One of the Company’s majorityindigenous owned mining servicesbusinesses (49% owned by Company)to provide civil and rehabilitationworks for a tier 1 iron ore producer	Pilbara	Approximately $16.7Mwith works to becompleted by December2026	Awaiting outcome of competitive tenderexpected to be awarded before end ofFebruary 2026 where Company’s majorityindigenous owned mining services businesshas been shortlisted to 1 of 3 tenderers.

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.

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

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macrometals.com.au ACN 001 894 033

ASX:M4M