MOUNT HOPE MINING LIMITED — Share Issue/Capital Change 2026

Mar 10, 2026

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Announcement Summary

Entity name

MOUNT HOPE MINING LIMITED

Date of this announcement

Wednesday March 11, 2026

The +securities the subject of this notification are:

+Securities issued under an +employee incentive scheme that are subject to a restriction on transfer and are not being quoted on ASX until the restriction ends

Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
New class - code	Unquoted options	250,000	11/03/2026
to be confirmed

Refer to next page for full details of the announcement

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 1 - Entity and announcement details

1.1 Name of entity

MOUNT HOPE MINING LIMITED

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type Registration number ACN 677683055

1.3 ASX issuer code

MHM

1.4 The announcement is

New announcement

1.5 Date of this announcement

11/3/2026

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+Securities issued under an +employee incentive scheme that are subject to a restriction on transfer and are not being quoted on ASX until the restriction ends

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

does not have an existing ASX security code ("new class")

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Part 3C - number and type of +securities the subject of this notification (new class)

New +securities issued under an +employee incentive scheme

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ASX +security code +Security description
New class - code to be confirmed Unquoted options
+Security type ISIN code
Options
Date the +securities the subject of this notification were issued
11/3/2026
Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes
Were any of the +securities issued to +key management personnel (KMP) or an +associate?
No
Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under
listing rule 6.1?
No
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being
issued.
Refer to Schedule 1 - Summary of the Plan" in Notice of Annual General Meeting
https://announcements.asx.com.au/asxpdf/20251014/pdf/06qh5yhhghq196.pdf
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Options Details
+Security currency	Exercise price	Expiry date
AUD - Australian Dollar	AUD 0.27000000	11/3/2029

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

MHM : ORDINARY FULLY PAID

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms

Refer to Schedule 1 - Summary of the Plan" in Notice of Annual General Meeting https://announcements.asx.com.au/asxpdf/20251014/pdf/06qh5yhhghq196.pdf Any other information the entity wishes to provide about the +securities the subject of this notification

The options will vest to two equal tranches of 125,000 options, with tranche 1 vesting 6 months after the issue date and tranche 2 vesting 18 months after the issue date.

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

Issue details

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Number of +securities

250,000

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Part 4 - +Securities on issue

Following the issue, conversion or payment up of the +securities the subject of this notification, the +securities of the entity will comprise:

The figures in parts 4.1 and 4.2 below are automatically generated and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX for processing.

4.1 Quoted +securities (Total number of each +class of +securities issued and quoted on ASX)

	Total number of
ASX +security code and description	+securities on issue
MHMO : OPTION EXPIRING 30-JUN-2028	10,312,500
MHM : ORDINARY FULLY PAID	41,310,000
4.2 Unquoted +securities (Total number of each +class of +securities issued but	not quoted on ASX)
	Total number of
ASX +security code and description	+securities on issue
MHMAJ : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	500,000
MHMAH : PERFORMANCE RIGHTS	2,350,000
MHMAF : OPTION EXPIRING 18-DEC-2027 EX $0.30	1,417,499
MHMAE : OPTION EXPIRING 18-DEC-2027 RESTRICTED	7,045,000
MHMAD : OPTION EXPIRING 18-DEC-2027 RESTRICTED	1,162,501
MHMAC : ORDINARY FULLY PAID RESTRICTED	6,090,000
New class - code to be confirmed : Unquoted options	250,000

4.2 Unquoted +securities (Total number of each +class of +securities issued but not quoted on ASX)

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Part 5 - Other Listing Rule requirements

5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

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