NOVONIX Ltd — Share Issue/Capital Change 2026

May 12, 2026

Appendix 2A - Application for quotation of securities

Update Summary

Entity name
NOVONIX LIMITED

Announcement Type
Update to previous announcement

Date of this announcement
Wednesday May 13, 2026

Reason for the update
Change total number of shares issued from 784,819 to 784,817. Difference due to rounding.
Refer to next page for full details of the announcement

Appendix 2A - Application for quotation of securities
1 / 6

---

Appendix 2A - Application for quotation of securities

Part 1 - Entity and announcement details

1.1 Name of entity

NOVONIX LIMITED

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

1.2 Registered number type

ABN

Registration number

54157690830

1.3 ASX issuer code

NVX

1.4 The announcement is

Update/amendment to previous announcement

1.4a Reason for update to a previous announcement

Change total number of shares issued from 784,819 to 784,817. Difference due to rounding.

1.4b Date of previous announcement to this update

13/5/2026

1.5 Date of this announcement

13/5/2026

Appendix 2A - Application for quotation of securities

---

Appendix 2A - Application for quotation of securities

Part 2 - Type of Issue

2.1 The +securities to be quoted are:
+Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted

2.2 The +class of +securities to be quoted is:
Additional +securities in a class that is already quoted on ASX ("existing class")

Appendix 2A - Application for quotation of securities
3 / 6

---

Appendix 2A - Application for quotation of securities

Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an Appendix 3B

Existing +securities converting into additional +securities in an existing class

FROM (Existing Class)
ASX +security code and description
NVXAD : PERFORMANCE RIGHTS

TO (Existing Class)
ASX +security code and description
NVX : ORDINARY FULLY PAID

Please state the number of options that were exercised or other +convertible securities that were converted	The first date the options were exercised or other +convertible securities were converted	The last date the options were exercised or other +convertible securities were converted
4,687,512	13/5/2026	13/5/2026

Is this all of the options or other +convertible securities on issue of that type (ie have all of those options now been exercised or have all of those convertible securities now been converted)?

No

The right of the holder of the options or other +convertible securities to receive the +underlying securities is being satisfied by:
An issue of new +securities

The underlying +securities being received by the holder are:
Intended to be, but are not yet, quoted by ASX

Were the options being exercised or other +convertible securities being converted issued under an +employee incentive scheme?

Yes

Are any of the options being exercised or other +convertible securities being converted held by +key management personnel (KMP) or an +associate?

No

Issue date
13/5/2026

Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class?

Yes

Appendix 2A - Application for quotation of securities

---

Appendix 2A - Application for quotation of securities

Issue details

Number of +securities to be quoted
784,817

Are the +securities being issued for a cash consideration?
No

Please describe the consideration being provided for the +securities
Issue of ordinary shares on the vesting of employee performance rights.

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted
0.235000

Any other information the entity wishes to provide about the +securities to be quoted

Appendix 2A - Application for quotation of securities
5 / 6

---

Appendix 2A - Application for quotation of securities

Part 4 - Issued capital following quotation

Following the quotation of the +securities the subject of this application, the issued capital 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 quoted on ASX following the +quotation of the +securities subject of this application)

ASX +security code and description	Total number of +securities on issue
NVX : ORDINARY FULLY PAID	862,227,757

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

ASX +security code and description	Total number of +securities on issue
NVXAD : PERFORMANCE RIGHTS	30,334,263
NVXAA : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	14,016,667
NVXAM : SHARE RIGHTS	1,371,566
NVXAL : CONVERTIBLE NOTES	45,221,586
NVXAH : CONVERTIBLE DEBENTURES	35,000,000

Appendix 2A - Application for quotation of securities