Nova Minerals Ltd — Share Issue/Capital Change 2025

Nov 13, 2025

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

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Update Summary

Entity name NOVA MINERALS LIMITED

Announcement Type

Update to previous announcement

Date of this announcement

Friday November 14, 2025

Reason for the update

Error in the quantum of the warrants to be issued.

Refer to next page for full details of the announcement

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

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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

NOVA MINERALS 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 006690348 1.3 ASX issuer code NVA

1.4 The announcement is

Update/amendment to previous announcement 1.4a Reason for update to a previous announcement Error in the quantum of the warrants to be issued.

1.4b Date of previous announcement to this update

11/11/2025 1.5 Date of this announcement 14/11/2025

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

Part 2 - Issue details

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2.1 The +securities the subject of this notification are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX

Previous Appendix 3B details:

Announcement Date and	Announcement Title	Selected Appendix 3B to submit quotation
Time		request
15-Jul-2025 10:07	Update - Update - Proposed issue of	A placement or other type of issue
	securities - NVA

2.3a.2 Are there any further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B?

No

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

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

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Part 3A - number and type of +securities the subject of this notification (existing class or new class) where issue has previously been

notified to ASX in an Appendix 3B

Placement Details

ASX +security code and description

NVAAV : WARRANTS

Date the +securities the subject of this notification were issued

11/11/2025

Any other information the entity wishes to provide about the +securities the subject of this notification

Prior to the ADS split Underwriter was to received warrants to purchase 65,420 ADSs (representing 3,925,000 ordinary shares) at an exercise price of US$13.875.

Following the ADS split (1:5) Nova issued warrants to purchase 327,100 ADSs (representing 3,925,200 ordinary shares) at an exercise price of US$2.775. (A$0.3525) Expiry 17 July 2030

Issue details

Number of +securities

3,925,200

Were the +securities issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

Underwriter Options (Warrants)

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

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

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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
NVA : ORDINARY FULLY PAID	411,010,817
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
NVAAO : OPTION EXPIRING 16-JAN-2026 EX $0.91	1,714,286
NVAAM : PERFORMANCE RIGHTS	2,400,000
NVAAV : WARRANTS	17,686,060
NVAAP : OPTION EXPIRING 30-NOV-2025 EX $1.20	8,250,000

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

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

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