ORA BANDA MINING LTD — Capital/Financing Update 2025

Sep 11, 2025

ASX ANNOUNCEMENT

12 September 2025

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DEPL TRANSACTION DOCUMENTS EXECUTED AND HAWKE’S POINT LOAN REPAID

Ora Banda Mining Limited (ASX:OBM) (Ora Banda or the Company) refers to the farm-in and joint venture arrangement with Davyston Exploration Pty Ltd (“DEPL”), a wholly owned company in the Wesfarmers Chemicals, Energy & Fertilisers division, in respect of non-gold mineral rights at the Davyhurst Project[1] .

The Company is pleased to announce that full form agreements with DEPL have been executed, including a farm-in and joint venture agreement, a minerals sharing agreement and a mineral royalty deed governing the 2% royalty payable by DEPL to Ora Banda in respect of non-gold minerals[2] .

The Company has also completed the effective on-sale of 1.5% of that 2% royalty to Hawke’s Point that was previously approved by shareholders[3] . The $4 million consideration payable by Hawke’s Point in exchange for the 1.5% royalty and the $4 million loan amount payable by the Company to Hawke’s Point have been offset against each other[4] .

This ASX announcement was authorised for release by the Board of Directors.

For further information about Ora Banda Mining Ltd and its projects please visit the Company’s website at www.orabandamining.com.au.

Investor & Media Queries:

Luke Creagh Managing Director +61 8 6365 4548 admin@obmltd.com.au

• 1 See ASX releases dated 30 October 2023, 22 December 2023 and 23 April 2024.

• 2 See ASX releases dated 30 October 2023 and 23 April 2024.

• 3 At the general meeting held in December 2023 - see notice of general meeting dated 22 November 2023.

• 4 See ASX releases dated 21 March 2023, 27 September 2024, 31 January 2025, 29 April 2025, 30 June 2025 and 29 July 2025.

A: Level 2, 1 Hood Street Subiaco, WA, 6008 T: + 61 8 6365 4548 E: admin@obmltd.com.au ASX: OBM ABN: 69 100 038 266

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