POLYMETALS RESOURCES LTD — Major Shareholding Notification 2026

May 13, 2026

Form 604
Corporations Act 2001
Section 671B
Notice of Change of Interests of Substantial Holder

To: POLYMETALS RESOURCES LTD
ACN/ARSN:

1. Details of substantial holder (1)

Name: FIL Limited and its entities listed in Annexure A ("FIL")
ACN/ARSN (if applicable)

There was a change in the interests of the substantial holder on 12 May 2026
The previous notice was given to the company on 23 April 2026
The previous notice was dated 23 April 2026

1. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of Securities (4)	Previous Notice Person's votes	Previous Notice Voting Power (5)	Present Notice Person's votes	Present Notice Voting Power (5)
COMMON STOCK	15,673,558	5.10%	18,963,975	6.17%

1. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of Change	Person whose relevant interest changed	Nature of change (6)	Consideration given in relation to change (7)	Class and number of securities affected	Person's votes affected
			AUD$	Common Stock	Common Stock
04/22/2026	FIL	BUY	0.9958	644,943	644,943
04/22/2026	FIL	BUY	0.9958	21,493	21,493
04/22/2026	FIL	BUY	0.9958	32,807	32,807
04/22/2026	FIL	BUY	0.9958	205,839	205,839
04/28/2026	FIL	BUY	0.8835	557,652	557,652
04/28/2026	FIL	BUY	0.8835	45,683	45,683
04/28/2026	FIL	BUY	0.8835	41,751	41,751
04/28/2026	FIL	BUY	0.8835	166,610	166,610
04/29/2026	FIL	BUY	0.8950	398,665	398,665
04/29/2026	FIL	BUY	0.8974	2,546	2,546

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04/29/2026	FIL	BUY	0.8989	10,137	10,137
04/29/2026	FIL	BUY	0.8974	3,607	3,607
04/29/2026	FIL	BUY	0.8989	14,361	14,361
04/29/2026	FIL	BUY	0.8950	125,658	125,658
04/30/2026	FIL	BUY	0.8877	63,025	63,025
04/30/2026	FIL	BUY	0.8877	89,283	89,283
05/01/2026	FIL	BUY	0.8993	339,988	339,988
05/01/2026	FIL	BUY	0.8993	27,694	27,694
05/01/2026	FIL	BUY	0.8993	39,109	39,109
05/01/2026	FIL	BUY	0.8993	106,947	106,947
05/08/2026	FIL	SELL	0.8433	41,874	41,874
05/08/2026	FIL	SELL	0.8433	13,006	13,006
05/08/2026	FIL	BUY	0.9538	62,534	62,534
05/12/2026	FIL	BUY	1.0543	223,069	223,069
05/12/2026	FIL	BUY	1.0543	18,794	18,794
05/12/2026	FIL	BUY	1.0543	26,542	26,542
05/12/2026	FIL	BUY	1.0543	76,560	76,560

4. Present Relevant Interest

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Refer to Annexure A

5. Changes in Association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable)	Nature of association
N/A

6. Addresses

The addresses of persons named in this form are as follows:

The address of FIL Limited is Pembroke Hall, 42 Crow Lane, Pembroke, HM 19, Bermuda and please refer to Annexure A for its entity with relevant interest

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Alina Yu

Sign Here

Dated: 14 May 2026

Alina Yu

Regulatory Reporting Manager

Duly authorized under Powers of Attorney by and on behalf of FIL Limited

Annexure A

Investment Manager	Address	Custodian	Nature of Relevant Interest	Sum of Numerator Shares
FIL Investment Management (Hong Kong) Limited	Level 21, Two Pacific Place, 88 Queensway, Admiralty, Hong Kong	BROWN BROS HARRIMN LTD LUX (C)	Investment Discretion / Voting Power	4,599,028
		CLEARSTREAM BANKING SA LUX (C)		1,443,602
		LANDESBANK BADEN-WUERTTEMBERG		915,036
FIL Investment Management (Singapore) Limited	8 Marina View, #27-01 Asia Square, Tower 1, 018960, Singapore	BROWN BROS HARRIMN LTD LUX (C)		7,803,129
		JP MORGAN, BOURNEMOUTH (C)		2,979,597
FIL Investments International	Beech Gate, Millfield Lane, Lower Kingswood, Tadworth, Surrey, KT20 6RP, United Kingdom	BBHCUS33BOS (19)		418,906
		BROWN BROTHERS 5 (S)		804,677
Grand Total				18,963,975