NEOMETALS LTD — Capital/Financing Update 2026

Apr 28, 2026

Nm

Neometals

ANNOUNCEMENT

29 April 2026

ASX: NMT | OTCQX: NMTAY

Market Announcements Office

ASX Limited

Level 40, Central Park

152-158 St Georges Terrace

Perth WA 6000

Neometals Ltd – Notice under section 708A(5)(e) of the Corporations Act 2001 (Cth)

This notice is given by Neometals Ltd (ACN 099 116 631) (ASX: NMT) (Neometals or the Company) under section 708A(5)(e) of the Corporations Act 2001 (Cth) (the Corporations Act).

The Company has today issued 71,875,000 new fully paid ordinary shares (Tranche 1 Placement Shares) at an issue price of A$0.04 per Tranche 1 Placement Share to certain sophisticated, professional and other institutional investors under tranche 1 of the placement announced by the Company on Monday 20 April, 2026 (Placement). Tranche 2 of the Placement is subject to shareholder approval at an extraordinary general meeting to be held on or around Friday 29 May, 2026.

The Placement is being conducted in conjunction with a pro rata non-renounceable entitlement offer, also announced by Neometals on Monday 20 April, 2026.

In relation to the Placement, the Company confirms that:

a) the Tranche 1 Placement Shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act;
b) this notice is being given under section 708A(5)(e) of the Corporations Act;
c) as at the date of this notice, the Company has complied with:

1. the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and
2. sections 674 and 674A of the Corporations Act; and

d) as at the date of this notice, there is no “excluded information” of the type referred to in sections 708A(7) or 708A(8) of the Corporations Act that is required to be set out in this notice.

Authorised for release by the Board of Neometals Ltd.

Yours sincerely

Mark Boyne

Joint Company Secretary

Neometals Ltd

ASX: NMT | OTCQX: NMTAY

neometals.com.au

Neometals Ltd

ACN 099 116 631

info@neometals.com.au

T +61 8 9322 1182 F +61 8 9321 0556

Level 1, 1292 Hay Street, West Perth WA 6005

Locked Bag 8, West Perth WA 6872