METRO MINING LIMITED — Share Issue/Capital Change 2026

May 7, 2026

Metro Mining Limited
ASX Announcement
8 May 2026

Completion of Security Consolidation

Metro Mining Limited (ASX:MMI) ('Metro', the 'Company') advises that following shareholder approval at its Annual General Meeting held on 22 April 2026, the Consolidation of the issued capital of the Company on the basis of 1 share for every 20 shares and 1 performance right for every 20 performance rights is now complete.

The post-Consolidation securities are as follows:

Security Code	Security Description	Balance
MMI	Ordinary fully paid	307,451,347
MMIAO	Performance rights	11,927,754

New holding statements on a post-Consolidated basis have been issued to shareholders.

This announcement has been approved by the Chief Executive Officer & Managing Director, Mr Simon Wensley.

ENDS.

For more information contact:

CEO & Managing Director
Simon Wensley
info@metromining.com.au
+61 7 3009 8000

Investor Relations
Peter Taylor
Peter@nwrcommunications.com.au
+61 (0)412 036231

About Bauxite and Metro Mining

Bauxite is the ore used to make aluminium, a critical and strong growth metal in the energy transition. Metro Mining is an independent bauxite producer and explorer, with its 100% owned Bauxite Hills Mine operating on the Weipa bauxite plateau approximately 95 kilometres north of Weipa, near the coast on the Skardon River. Metro Mining produces a high alumina bauxite, shipping direct to customers in very large ore carriers. Metro Mining recognises and has productive agreements with the Traditional Owners of the land on which it operates and is proud of its high percentage of indigenous employees and the economic impact it has in Cape York and Far North Queensland.

Disclaimer

To the maximum extent permitted by law, Metro and their respective affiliates, related bodies corporate, officers, employees, partners, agents and advisers make no representation or warranty (express or implied) as to the currency, accuracy, fairness, sufficiency or completeness of the information contained in this announcement and expressly disclaim all responsibility and liability for any loss or damage arising in respect of any reliance of the accuracy, fairness, sufficiency or completeness of the information contained in this announcement, or any opinions or beliefs contained in this document. The Company is under no obligation to update or keep the information contained in this announcement current, or to correct any inaccuracy or omission which may become apparent, or to furnish any person with any further information.

07 3009 8000
Level 4, 135 Wickham Tce, Brisbane Q 4000
www.metromining.com.au
ABN 45 117 763 443