ORA BANDA MINING LTD - Capital/Financing Update 2025

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

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Announcement Summary

Entity name

ORA BANDA MINING LTD

Date of this announcement

Friday February 07, 2025

The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

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	Performance Rights - FY25 LTI Expiring 30 June	12,901,990	03/02/2025
to be confirmed	2029
New class - code	Retention Rights - FY25 Expiring 30 June 2029	705,772	03/02/2025
to be confirmed

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

ORA BANDA MINING LTD

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 ABN 69100038266

1.3 ASX issuer code

OBM

1.4 The announcement is

New announcement

1.5 Date of this announcement

7/2/2025

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 2 - Issue details

2.1 The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

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

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

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ASX +security code +Security description
New class - code to be confirmed Performance Rights - FY25 LTI Expiring 30 June 2029
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ASX +security code New class - code to be confirmed	+Security description Performance Rights - FY25 LTI Expiring 30 June 2029
+Security type	ISIN code
Other
Date the +securities the subject of this notification were issued
3/2/2025

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? Yes Provide details of the KMP or +associates being issued +securities.

Provide details of the KMP	or +associates being issued +securities.
Name of KMP	Name of registered holder	Number of +securities
Doug Warden	Katherine Louise Warden Family Trust>	1,455,180
Andrew Czerw	Andrew Czerw	1,160,662

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued.

Issued under the Company's Employee Awards Plan. Refer Resolution 4 for details - https://announcements.asx.com.au/a sxpdf/20231027/pdf/05wldpr773xwxy.pdf

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 Resolution 4 - https://announcements.asx.com.au/asxpdf/20231027/pdf/05wldpr773xwxy.pdf

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

Issue of FY25 LTI performance rights to various staff members pursuant to the terms and conditions of the Company's Employee Awards Plan approved at the 2023 Annual General Meeting.

Issue details

Number of +securities

12,901,990

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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ASX +security code +Security description New class - code to be confirmed Retention Rights - FY25 Expiring 30 June 2029 +Security type ISIN code Other

Date the +securities the subject of this notification were issued

3/2/2025

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

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued.

Issued under the Company's Employee Awards Plan. Refer Resolution 4 for details - https://announcements.asx.com.au/a sxpdf/20231027/pdf/05wldpr773xwxy.pdf

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 Resolution 4 - https://announcements.asx.com.au/asxpdf/20231027/pdf/05wldpr773xwxy.pdf

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

Issue of FY25 retention rights to various staff members pursuant to the terms and conditions of the Company's Employee Awards Plan approved at the 2023 Annual General Meeting.

Issue details

Number of +securities

705,772

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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

Part 4 - +Securities on issue

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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
OBM : ORDINARY FULLY PAID	1,880,784,827

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
OBMAB : PERFORMANCE RIGHTS EXPIRING 30-JUN-2026 STI	279,156
OBMAC : PERFORMANCE RIGHTS EXPIRING 30-JUN-2026 LTI	3,116,422
OBMAG : PERFORMANCE RIGHTS EXPIRING 27-NOV-2029 FY25 STI	1,964,494
OBMAH : PERFORMANCE RIGHTS EXPIRING 27-NOV-2029 FY25 LTI	2,728,463
OBMAT : PERFORMANCE RIGHTS EXPIRING 19-DEC-2028 FY24 STIP	1,531,773
OBMAU : PERFORMANCE RIGHTS EXPIRING 19-DEC-2028 FY24 LTIP	3,461,634
OBMAV : PERFORMANCE RIGHTS EXPIRING 01-JUL-2028 FY24 LTIP	20,797,471
OBMAW : RETENTION PERFORMANCE RIGHTS EXPIRING 19-DEC-2028	9,000,000
OBMAE : PERFORMANCE RIGHTS EXPIRING 22-DEC-2027 LTI	11,428,572
OBMAF : PERFORMANCE RIGHTS EXPIRING 22-DEC-2027	36,000,000
OBMAP : PERFORMANCE RIGHTS 2023 EXPIRING 30-JUN-2028	11,300,000
OBMAQ : PERFORMANCE RIGHTS 2023 EXPIRING 30-JUN-2030 LTI	37,064,004
OBMAR : PERFORMANCE RIGHTS 2023 EXPIRING 31-JAN-2031	500,000
OBMAS : PERFORMANCE RIGHTS 2023 EXPIRING 31-JAN-2030	2,000,000
New class - code to be confirmed : Performance Rights - FY25 LTI Expiring 30 June 2029	12,901,990

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

705,772

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New class - code to be confirmed : Retention Rights - FY25 Expiring 30 June 2029

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 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

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

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AI assistant

ORA BANDA MINING LTD Capital/Financing Update 2025

65475_rns_2025-02-06_8b31e29d-8167-483e-8487-7199faacc2e4.pdf

Entity name

Date of this announcement

The +securities the subject of this notification are:

Total number of +securities to be issued/transferred

1.1 Name of entity

1.3 ASX issuer code

1.4 The announcement is

1.5 Date of this announcement

2.1 The +securities the subject of this notification are:

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

Were any of the +securities issued to +key management personnel (KMP) or an +associate? Yes Provide details of the KMP or +associates being issued +securities.

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued.

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 Resolution 4 - https://announcements.asx.com.au/asxpdf/20231027/pdf/05wldpr773xwxy.pdf

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

Number of +securities

Date the +securities the subject of this notification were issued

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 Resolution 4 - https://announcements.asx.com.au/asxpdf/20231027/pdf/05wldpr773xwxy.pdf

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

Number of +securities

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

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

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

AI assistant

ORA BANDA MINING LTD — Capital/Financing Update 2025

65475_rns_2025-02-06_8b31e29d-8167-483e-8487-7199faacc2e4.pdf

Entity name

Date of this announcement

The +securities the subject of this notification are:

Total number of +securities to be issued/transferred

1.1 Name of entity

1.3 ASX issuer code

1.4 The announcement is

1.5 Date of this announcement

2.1 The +securities the subject of this notification are:

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

Were any of the +securities issued to +key management personnel (KMP) or an +associate? Yes Provide details of the KMP or +associates being issued +securities.

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued.

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 Resolution 4 - https://announcements.asx.com.au/asxpdf/20231027/pdf/05wldpr773xwxy.pdf

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

Number of +securities

Date the +securities the subject of this notification were issued

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 Resolution 4 - https://announcements.asx.com.au/asxpdf/20231027/pdf/05wldpr773xwxy.pdf

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

Number of +securities

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

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

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

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