PICHE RESOURCES LIMITED — Share Issue/Capital Change 2026

May 6, 2026

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

Announcement Summary

Entity name
PICHE RESOURCES LIMITED

Date of this announcement
Thursday May 07, 2026

The +securities the subject of this notification are:
Other

Total number of +securities to be issued/transferred

ASX +security code	Security description	Total number of +securities to be issued/transferred	Issue date
PR2AB	ORDINARY FULLY PAID RESTRICTED	250,000	04/05/2026

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

Part 1 - Entity and announcement details

1.1 Name of entity
PICHE 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
ACN
Registration number
659161412

1.3 ASX issuer code
PR2

1.4 The announcement is
New announcement

1.5 Date of this announcement
7/5/2026

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 2 - Issue details

2.1 The +securities the subject of this notification are:
Other
Please specify
Issue of securities in relation to termination of contract

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:
has an existing ASX security code ("existing class")

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 3B - number and type of +securities the subject of this notification (existing class) where issue has not previously been notified to ASX in an Appendix 3B

Additional +securities in an existing class
ASX +security code and description
PR2AB : ORDINARY FULLY PAID RESTRICTED

Date the +securities the subject of this notification were issued
4/5/2026

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class
Yes

Any other information the entity wishes to provide about the +securities the subject of this notification
None

Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B
Issued in connection with contract set out in admission prospectus

Issue details

Number of +securities
250,000

Were the +securities issued for a cash consideration?
No

Please describe the consideration being provided for the +securities
Issued upon termination of contract

Purpose of the issue
To pay for services rendered

Additional Details
Issued upon termination of contract

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

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)

ASX +security code and description	Total number of +securities on issue
PR2 : ORDINARY FULLY PAID	96,539,433
PR2O : OPTION EXPIRING 02-MAY-2027	45,579,571

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

ASX +security code and description	Total number of +securities on issue
PR2AG : ORDINARY FULLY PAID RESTRICTED	125,000
PR2AD : OPTION EXPIRING 02-MAY-2027 RESTRICTED	21,355,037
PR2AE : OPTION EXPIRING 02-MAY-2027 RESTRICTED	20,249,999
PR2AF : OPTION EXPIRING 02-MAY-2027 RESTRICTED	20,249,999
PR2AB : ORDINARY FULLY PAID RESTRICTED	40,722,368

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 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?
No

5.2 Has the entity obtained, or is it obtaining, +security holder approval for the issue under listing rule 7.1?
No

5.2b Are any of the +securities being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1?
Yes

5.2b.1 How many +securities are being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1?
250,000 shares

5.2c Are any of the +securities being issued without +security holder approval using the entity's additional 10% placement capacity under listing rule 7.1A (if applicable)?
No

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