ORE RESOURCES LIMITED — Share Issue/Capital Change 2026

Feb 24, 2026

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

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Announcement Summary

Entity name

ORE RESOURCES LIMITED

Date of this announcement

Wednesday February 25, 2026

The +securities the subject of this notification are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and 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	Unlisted Broker Options with exp price of $0.10,	2,000,000	25/02/2026
to be confirmed	expiring 3 years from issue date.

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

ORE RESOURCES LIMITED

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 ACN 148966545

1.3 ASX issuer code

OR3

1.4 The announcement is

New announcement

1.5 Date of this announcement

25/2/2026

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

Part 2 - Issue details

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2.1 The +securities the subject of this notification are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX

Previous Appendix 3B details:

Announcement Date and	Announcement Title	Selected Appendix 3B to submit quotation
Time		request
11-Dec-2025 09:21	New - Proposed issue of securities -	A placement or other type of issue
	OR3

2.3a.2 Are there any further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B?

No

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

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Part 3A - number and type of +securities the subject of this notification (existing class or new class) where issue has previously been notified to ASX in an Appendix 3B

Placement Details

ASX +security code and description

new unquoted class of security

Date the +securities the subject of this notification were issued

25/2/2026

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

Unlisted Broker Options with exp price of $0.10, expiring 3 years from issue date. The Option fee as part of the Joint Lead Managers mandate and subject to shareholder approval, as announced on 11 December 2025.

Issue details

Number of +securities

2,000,000

Were the +securities issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

The Option fee as part of the Joint Lead Managers mandate and subject to shareholder approval, as announced on 11 December 2025.

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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)

ASX +security code New class - code to be confirmed	+Security description Unlisted Broker Options with exp price of $0.10, expiring 3 years from issue
	date.
+Security type	ISIN code
Options
Date the +securities the subject of this notification were issued
25/2/2026
Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes

Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1? No Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. - https://api.investi.com.au/api/announcements/or3/e97d139b 9dc.pdf

Options Details

+Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.10000000 25/2/2029

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

OR3 : ORDINARY FULLY PAID

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

Issue details

Number of +securities

2,000,000

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

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Part 4 - +Securities on issue

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
OR3 : ORDINARY FULLY PAID	798,917,304
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
OR3AAN : OPTION EXPIRING 28-NOV-2026 EX $0.15	3,000,000
OR3AAL : OPTION EXPIRING 03-FEB-2028 EX $0.11	2,000,000
OR3AAP : OPTION EXPIRING 24-MAY-2029 EX $0.14	5,000,000
OR3AAQ : OPTION EXPIRING 24-MAY-2029 EX $0.10	5,000,000
OR3AAR : OPTION EXPIRING 24-MAY-2029 EX $0.18	5,000,000
OR3AAD : OPTION EXPIRING 10-AUG-2026 EX $0.50	1,250,000
OR3AAS : OPTION EXPIRING 13-DEC-2028 EX $0.10	2,000,000
OR3AAT : OPTION EXPIRING 13-DEC-2028 EX $0.14	2,000,000
OR3AB : OPTION EXPIRING 01-DEC-2028 EX $0.15	21,000,000
OR3AQ : PERFORMANCE RIGHTS	51,955,429
OR3AA : OPTION EXPIRING 01-DEC-2028 EX $0.09	21,000,000
New class - code to be confirmed : Unlisted Broker Options with exp price of $0.10, expiring	2,000,000
3 years from issue date.

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

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