ORA BANDA MINING LTD — Share Issue/Capital Change 2025

Nov 27, 2025

Appendix 2A - Application for quotation of securities

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Announcement Summary

Entity name

ORA BANDA MINING LTD

Announcement Type

New announcement

Date of this announcement

Friday November 28, 2025

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

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
OBM	ORDINARY FULLY PAID	570,000	11/11/2025
OBM	ORDINARY FULLY PAID	12,000,000	27/11/2025

Refer to next page for full details of the announcement

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Appendix 2A - Application for quotation of securities

Part 1 - Entity and announcement details

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1.1 Name of entity

ORA BANDA MINING LTD

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

69100038266

1.3 ASX issuer code

OBM

1.4 The announcement is

New announcement

1.5 Date of this announcement

28/11/2025

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Appendix 2A - Application for quotation of securities

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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")

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Appendix 2A - Application for quotation of securities

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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 OBMAQ : PERFORMANCE RIGHTS 2023 EXPIRING 30-JUN-2030 LTI

TO (Existing Class) ASX +security code and description OBM : ORDINARY FULLY PAID Please state the number of options The first date the options were The last date the options were that were exercised or other exercised or other +convertible exercised or other +convertible +convertible securities that were securities were converted securities were converted converted 5/11/2025 11/11/2025 570,000 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

11/11/2025

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

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Appendix 2A - Application for quotation of securities

Issue details

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----- Start of picture text ----- Number of +securities to be quoted570,000Are the +securities being issued for a cash consideration?NoPlease describe the consideration being provided for the +securitiesExercise of performance rights into fully paid ordinary shares.Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the+securities to be quoted0.000000Any other information the entity wishes to provide about the +securities to be quotedExercise of performance rights into fully paid ordinary shares.Existing +securities converting into additional +securities in an existing classFROM (Existing Class)ASX +security code and descriptionOBMAF : PERFORMANCE RIGHTS EXPIRING 22-DEC-2027TO (Existing Class)ASX +security code and descriptionOBM : ORDINARY FULLY PAIDPlease state the number of options The first date the options were The last date the options werethat were exercised or other exercised or other +convertible exercised or other +convertible+convertible securities that were securities were converted securities were convertedconverted27/11/2025 27/11/202512,000,000Is this all of the options or other +convertible securities on issue of that type (ie have all of those options now beenexercised or have all of those convertible securities now been converted)?NoThe right of the holder of the options or other +convertible securities to receive the +underlying securities is beingsatisfied by:An issue of new +securitiesThe underlying +securities being received by the holder are:Intended to be, but are not yet, quoted by ASX----- End of picture text -----

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? Yes

Provide details of the KMP or +associates who are exercising options or converting convertible securities

Number of options being exercised or other +convertible securities Name of KMP Name of registered holder being converted Luke Creagh Luke Creagh 12,000,000

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Appendix 2A - Application for quotation of securities

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Issue date 27/11/2025 Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class? Yes Issue details Number of +securities to be quoted 12,000,000 Are the +securities being issued for a cash consideration? No Please describe the consideration being provided for the +securities Exercise of performance rights into fully paid ordinary shares. Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted 0.000000 Any other information the entity wishes to provide about the +securities to be quoted Exercise of performance rights into fully paid ordinary shares.

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Appendix 2A - Application for quotation of securities

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Appendix 2A - Application for quotation of securities

Part 4 - Issued capital following quotation

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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)

+securities subject of this application)
	Total number of
ASX +security code and description	+securities on issue
OBM : ORDINARY FULLY PAID	1,916,613,544

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

MAH : PERFORMANCE RIGHTS EXPIRIN	G 27-NOV-2029 FY25 LTI2
MAT : PERFORMANCE RIGHTS EXPIRINGMAU : PERFORMANCE RIGHTS EXPIRIN	19-DEC-2028 FY24 STIP1G 19-DEC-2028 FY24 LTIP
MAV : PERFORMANCE RIGHTS EXPIRIN	G 01-JUL-2028 FY24 LTIP20
MAW : RETENTION PERFORMANCE RIG	HTS EXPIRING 19-DEC-20289
MAE : PERFORMANCE RIGHTS EXPIRINAF : PERFORMANCE RIGHTS EXPIRIN	G 22-DEC-2027 LTI1122-DEC-20272
AP PERFORMANCE RIGHTS 2023 EX	IRING 30JUN20281
:	--
AQ : PERFORMANCE RIGHTS 2023 EXMAR : PERFORMANCE RIGHTS 2023 EXP	IRING 30-JUN-2030 LTI1IRING 31-JAN-2031
MAX : PERFORMANCE RIGHTS EXPIRIN	G 30-JUN-2029 FY25 LTI12

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Appendix 2A - Application for quotation of securities

OBMAY : RETENTION RIGHTS EXPIRING 30-JUN-2029 FY25

545,700

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