ORA BANDA MINING LTD — Share Issue/Capital Change 2026

Mar 30, 2026

Appendix 3H - Notification of cessation of securities

==> picture [21 x 22] intentionally omitted <==

Announcement Summary

Entity name

ORA BANDA MINING LTD

Announcement Type

New announcement

Date of this announcement

Tuesday March 31, 2026

Details of +securities that have ceased

		Number of
ASX +security		+securities that	The +securities have	Date of
code	Security description	have ceased	ceased due to	cessation
OBMAZ	PERFORMANCE RIGHTS	88,974	Lapse of conditional right to	26/03/2026
	EXPIRING 30-JUN-2030		securities because the
	FY26 LTIP		conditions have not been, or
			have become incapable of
			being, satisfied
OBMAX	PERFORMANCE RIGHTS	162,253	Lapse of conditional right to	26/03/2026
	EXPIRING 30-JUN-2029		securities because the
	FY25 LTI		conditions have not been, or
			have become incapable of
			being, satisfied
OBMAY	RETENTION RIGHTS	14,552	Lapse of conditional right to	26/03/2026
	EXPIRING 30-JUN-2029		securities because the
	FY25		conditions have not been, or
			have become incapable of
			being, satisfied

Refer to next page for full details of the announcement

Appendix 3H - Notification of cessation of securities

1 / 6

Appendix 3H - Notification of cessation of securities

==> picture [21 x 22] intentionally omitted <==

Part 1 - Announcement Details

1.1 Name of +Entity

ORA BANDA MINING LTD

We (the entity named above) provide the following information about our issued capital.

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

31/3/2026

Appendix 3H - Notification of cessation of securities

2 / 6

Appendix 3H - Notification of cessation of securities

Part 2 - Details of +equity securities or +debt securities that have ceased

==> picture [21 x 22] intentionally omitted <==

ASX +Security Code and Description

OBMAZ : PERFORMANCE RIGHTS EXPIRING 30-JUN-2030 FY26 LTIP

Unquoted +equity securities that have ceased

Number of securities that have ceased

88,974

Reason for cessation

Lapse of conditional right to securities because the conditions have not been, or have become incapable of being, satisfied

Date of cessation Is the entity paying any consideration for the cessation? No 26/3/2026

Any other information the entity wishes to notify to ASX about the cessation?

ASX +Security Code and Description

OBMAY : RETENTION RIGHTS EXPIRING 30-JUN-2029 FY25

Unquoted +equity securities that have ceased

Number of securities that have ceased

14,552

Reason for cessation

Lapse of conditional right to securities because the conditions have not been, or have become incapable of being, satisfied

Date of cessation Is the entity paying any consideration for the cessation? No 26/3/2026

Any other information the entity wishes to notify to ASX about the cessation?

ASX +Security Code and Description

OBMAX : PERFORMANCE RIGHTS EXPIRING 30-JUN-2029 FY25 LTI

Unquoted +equity securities that have ceased

Number of securities that have ceased

162,253

Reason for cessation

Lapse of conditional right to securities because the conditions have not been, or have become incapable of being, satisfied

Appendix 3H - Notification of cessation of securities

3 / 6

Appendix 3H - Notification of cessation of securities

==> picture [21 x 22] intentionally omitted <==

Date of cessation

26/3/2026

Is the entity paying any consideration for the cessation? No

Any other information the entity wishes to notify to ASX about the cessation?

Appendix 3H - Notification of cessation of securities

4 / 6

Appendix 3H - Notification of cessation of securities

==> picture [21 x 22] intentionally omitted <==

Part 3 - Issued capital following changes

Following the cessation of the +securities the subject of this notification, the issued capital of the entity will comprise:

The figures in parts 3.1 and 3.2 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.

3.1 Quoted +equity securities and +debt securities (total number of each +class of +securities quoted on ASX)

	Total number of
ASX +security code and description	+securities on issue
OBM : ORDINARY FULLY PAID	1,923,284,034
3.2 Unquoted +equity securities (total number of each +class of +equity 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
OBMAG : PERFORMANCE RIGHTS EXPIRING 27-NOV-2029 FY25 STI	1,025,466
OBMAH : PERFORMANCE RIGHTS EXPIRING 27-NOV-2029 FY25 LTI	2,728,463
OBMAAA : PERFORMANCE RIGHTS EXPIRING 27-NOV-2030 FY26 LTIP	1,253,133
OBMAAB : PERFORMANCE RIGHTS EXPIRING 27-NOV-2030 FY26 STIP	1,082,707
OBMAAC : RETENTION RIGHTS EXPIRING 27-NOV-2030	6,269,549
OBMAAD : RETENTION RIGHTS EXPIRING 30-JUN-2029	275,704
OBMAZ : PERFORMANCE RIGHTS EXPIRING 30-JUN-2030 FY26 LTIP	6,695,272
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	18,426,887
OBMAW : RETENTION PERFORMANCE RIGHTS EXPIRING 19-DEC-2028	4,000,000
OBMAE : PERFORMANCE RIGHTS EXPIRING 22-DEC-2027 LTI	11,428,572
OBMAF : PERFORMANCE RIGHTS EXPIRING 22-DEC-2027	24,000,000

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

Appendix 3H - Notification of cessation of securities

5 / 6

Appendix 3H - Notification of cessation of securities

==> picture [21 x 22] intentionally omitted <==

OBMAP : PERFORMANCE RIGHTS 2023 EXPIRING 30-JUN-2028	5,000,000
OBMAQ : PERFORMANCE RIGHTS 2023 EXPIRING 30-JUN-2030 LTI	18,099,939
OBMAR : PERFORMANCE RIGHTS 2023 EXPIRING 31-JAN-2031	500,000
OBMAX : PERFORMANCE RIGHTS EXPIRING 30-JUN-2029 FY25 LTI	10,637,813
OBMAY : RETENTION RIGHTS EXPIRING 30-JUN-2029 FY25	516,596

Note: the figures stated in the tables above are used to calculate the total market capitalisation of the entity published by ASX from time to time. The table will not include those classes of +securities that have ceased or lapsed in their entirety in ASX records before the announcement date described in Q1.5, even if the entity has advised ASX of a change to that class of +security in Part 2 of this form.

Appendix 3H - Notification of cessation of securities

6 / 6