METRO MINING LIMITED — Share Issue/Capital Change 2026

Apr 20, 2026

Appendix 3A.3 - Notification of security consolidation or split

Announcement Summary

Entity name

METRO MINING LIMITED

Applicable security for the reorganisation

MMI
ORDINARY FULLY PAID
MMIAO
PERFORMANCE RIGHTS

Announcement Type

New Announcement

Date of this announcement

21/4/2026

Reorganisation type

Security consolidation

Trading in the post consolidation or split + securities commences on a deferred settlement basis

24/4/2026

Record Date

27/4/2026

Issue Date

4/5/2026

Refer to below for full details of the announcement

Appendix 3A.3 - Notification of security consolidation or split
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Appendix 3A.3 - Notification of security consolidation or split

Announcement Details

Part 1 - Entity and announcement details

1.1 Name of +Entity
METRO MINING LIMITED

1.2 Registered Number Type
ABN

1.3 ASX issuer code
MMI

1.4 The announcement is
New announcement

1.5 Date of this announcement
21/4/2026

1.6 Securities affected by the consolidation or split
ASX +Security Code
ASX +Security Description
MMI
ORDINARY FULLY PAID
MMIAO
PERFORMANCE RIGHTS

Part 2 - Approvals

2.1 Are any of the below approvals required for the consolidation or split before business day 0 of the timetable?
- Security holder approval
- Court approval
- Lodgement of court order with +ASIC
- ACCC approval
- FIRB approval
- Another approval/condition external to the entity required to be given/met before business day 0 of the timetable for the consolidation or split.

Yes

2.2 Approvals
| Approval/Condition | Date for determination | Is the date estimated or actual? | Approval received/condition met? |
| --- | --- | --- | --- |
| +Security holder approval | 22/4/2026 | Actual | No |

Comments
Resolution 8 in Metro Mining Limited's notice of 2026 annual general meeting, lodged with the ASX on 20 March 2026, seeks the required shareholder approval, noting the 2026 annual general meeting is scheduled for 22 April 2026.

Appendix 3A.3 - Notification of security consolidation or split

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Appendix 3A.3 - Notification of security consolidation or split

Part 3 - Consolidation or split timetable and details

3.1 +Record date
27/4/2026

3.2 Date of +security holder meeting
22/4/2026

3.2a Effective date of consolidation or split
22/4/2026

3.3 Last day for trading in the pre consolidation or split +securities
23/4/2026

3.4 Trading in the post consolidation or split +securities commences on a deferred settlement basis.
24/4/2026

3.5 Record date
27/4/2026

3.6 First day for entity to update its register and to send holding statements to +security holders reflecting the change in the number of +securities they hold.
28/4/2026

3.7 Last day for entity to update its register and send holding statements to +security holders reflecting the change in the number of +securities they hold and to notify ASX that this has occurred. (+Issue Date)
4/5/2026

3.8 Trading starts on a normal T+2 basis
5/5/2026

3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis
7/5/2026

Part 4 - Event type and details

4.1 The event is
+Security consolidation

4.1a Consolidation ratio: the +securities will be consolidated on the basis that every
20
(pre-consolidation) +securities will be consolidated into
1
(post-consolidation) +security (/ies).

4.2 Scrip fraction rounding
Fractions rounded down to the nearest whole number or fractions disregarded

Part 5 - +Securities on issue before and after consolidation or split

5.1 +Securities on issue before and after the consolidation or split

Appendix 3A.3 - Notification of security consolidation or split

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Appendix 3A.3 - Notification of security consolidation or split

ASX +Security Code	ASX +Security Description
MMI	ORDINARY FULLY PAID
Quoted/unquoted	Number on issue pre consolidation or split	Number on issue post consolidation or split	Estimate/Actual
Quoted	6,144,891,087	307,244,554	Estimated
ASX +Security Code	ASX +Security Description
MMIAO	PERFORMANCE RIGHTS
Quoted/unquoted	Number on issue pre consolidation or split	Number on issue post consolidation or split	Estimate/Actual
Unquoted	195,220,315	9,761,016	Estimated
5.2 Exercise price of options
ASX +Security Code	ASX +Security Description
MMIAO	PERFORMANCE RIGHTS
Quoted/unquoted	Exercise price pre consolidation or split	Exercise price post consolidation or split
Unquoted	AUD 0.00000000	AUD 0.00000000

Part 6 - Further information

6.1 Further information relating to the consolidation or split

6.2 Additional information for inclusion in the Announcement Summary

Appendix 3A.3 - Notification of security consolidation or split