ORA BANDA MINING LTD — Director's Dealing 2025

Nov 27, 2025

ASX ANNOUNCEMENT

28 November 2025

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CHANGE OF DIRECTOR’S INTEREST NOTICES

Ora Banda Mining Limited (ASX:OBM) (Ora Banda or the Company) announces the change of interest in the respective shareholdings of Directors Mr Luke Creagh and Mr Peter Mansell.

Managing Director Luke Creagh has exercised 12,000,000 MD Performance Rights into 12,000,000 fully paid ordinary shares and has subsequently sold 10,000,000 fully paid ordinary shares in a single block trade. This transaction has allowed Mr Creagh to increase his holding in the company to 66,317,460 fully paid ordinary shares whilst funding the tax obligations arising from the exercise of 12,000,000 Performance Rights. The total sale of 10,000,000 fully paid ordinary shares represents approximately 8.6% of Mr Creagh’s fully diluted holding in the company (including a total of 66,317,460 shares and 49,331,297 Performance Rights).

Mr Creagh remains a significant shareholder and is firmly committed to leading Ora Banda’s strategy to build a premier mid-tier gold mining business at the Davyhurst operations.

Non-executive Chair, Peter Mansell, has sold 8,050,760 shares (in the same block trade) to bring his personal share portfolio into better balance. This is the first time that Mr. Mansell has sold any shares in the Company. He maintains a significant interest of 2,500,000 shares, showing his continued confidence in and commitment to Ora Banda.

The Appendix 3Y disclosures are attached to this announcement.

This announcement was authorised for release to the ASX by the Board of Ora Banda Mining Limited.

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

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

1

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity	Ora Banda Mining Limited
ABN	69 100 038 266

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director Luke Creagh

Date of last notice 27 November 2024

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Direct
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	N/A
Date of change	27 November 2025

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	14,317,460 fully paid ordinary shares50,000,000 fully paid ordinary shares(under voluntary escrow to 30 June 2025)1,964,494 MD FY25 STI PerformanceRights (expiring 27 November 2029)2,728,463 MD FY25 LTI PerformanceRights (expiring 27 November 2029)11,428,572 MD LTI Performance Rights(expiring on 22 December 2027)36,000,000 MD Performance Rights(expiring on 22 December 2027)1,531,773 MD FY24 STIP PerformanceRights (expiring 19 December 2028)3,461,634 MD FY24 LTIP PerformanceRights (expiring 19 December 2028)
Class	•MD FY26 STI Performance Rights(expiring 27 November 2030)•MD FY26 LTI Performance Rights(expiring 27 November 2030)•MD Retention Rights (expiring 27November 2030)•Fully paid ordinary shares•MD Performance Rights (expiring on22 December 2027)
Number acquired	•1,082,707 MD FY26 STI PerformanceRights (expiring 27 November 2030)•1,253,133 MD FY26 LTI PerformanceRights (expiring 27 November 2030)•2,819,549 MD Retention Rights(expiring 27 November 2030)•12,000,000 fully paid ordinary shares
Number disposed	•10,000,000 fully paid ordinary shares•12,000,000 MD Performance Rights(expiring on 22 December 2027)

• See chapter 19 for defined terms. Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation

•MD FY26 1,082,707 STIP and 1,253,133MD FY26 LTIP Performance Rights –nil consideration.•2,819,549 MD Retention Rights –deemed issue price of $0.798 each.•Exercise of 12,000,000 MDPerformance Rights (expiring on 22December 2027) into 12,000,000 fullypaid ordinary shares – nilconsideration.•$1.25 per share for sale of 10,000,000fully paid ordinary shares.

No. of securities held after change

66,317,460 fully paid ordinary shares1,082,707 MD FY26 STI PerformanceRights (expiring 27 November 2030)1,253,133 MD FY26 LTI Performance Rights(expiring 27 November 2030)2,819,549 MD Retention Rights (expiring27 November 2030)1,025,466 MD FY25 STI PerformanceRights (expiring 27 November 2029) 2,728,463 MD FY25 LTI PerformanceRights (expiring 27 November 2029)11,428,572 MD LTI Performance Rights(expiring on 22 December 2027)24,000,000 MD Performance Rights(expiring on 22 December 2027)1,531,773 MD FY24 STIP PerformanceRights (expiring 19 December 2028)3,461,634 MD FY24 LTIP PerformanceRights (expiring 19 December 2028)_ 939,028 MD FY25 STIP Performance_Rights (27 November 2029) lapsed sincethe date of the last Notice.

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

Appendix 3Y Change of Director’s Interest Notice

Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back	•Issue of 1,082,707 MD FY26 STIPerformance Rights and 1,253,133 MDFY26 LTI Performance Rights asapproved at the 2025 Annual GeneralMeeting.•Issue of 2,819,549 MD RetentionRights as approved at the 2024 AnnualGeneral Meeting.•Exercise of 12,000,000 MDPerformance Rights (expiring on 22December 2027) into 12,000,000 fullypaid ordinary shares.•Block sale of 10,000,000 fully paidordinary shares.

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder(if issued securities)	N/A
Date of change	N/A
No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation	N/A
Interest after change	N/A

Part 3 – [+] Closed period

• See chapter 19 for defined terms.

Appendix 3Y Page 4

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	No
If so, was prior written clearance provided to allow the tradeto proceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 5

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity	Ora Banda Mining Ltd
ABN	69 100 038 266

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Peter Mansell
Date of last notice	31 October 2025

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Manfam Pty Ltd <P & E MansellS/Fund A/C> - P. Mansell is a Director ofthe holder and beneficiary of the account.
Date of change	27 November 2025
No. of securities held prior to change	Manfam Pty Ltd <P & E MansellS/Fund A/C> - P. Mansell is a Director ofthe holder and beneficiary of the account.10,550,760 fully paid ordinary shares. _10,739_fully paid ordinary shares weremoved off-market from Elizabeth Mansell(indirect holding) to Manfam Pty Ltd <P &E Mansell S/Fund A/C> (indirect holding)since the date of the last Appendix 3Y forMr Mansell.
Class	Fully paid ordinary shares.
Number acquired	Nil

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Number disposed	8,050,760 fully paid ordinary shares.
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$1.25 per share.
No. of securities held after change	Manfam Pty Ltd <P & E MansellS/Fund A/C> - P. Mansell is a Director ofthe holder and beneficiary of the account.2,500,000 fully paid ordinary shares.
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back	Block trade.

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder(if issued securities)	N/A
Date of change	N/A
No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation	N/A
Interest after change	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	No
If so, was prior written clearance provided to allow the tradeto proceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3