PPK GROUP LIMITED — AGM Information 2025

Oct 23, 2025

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ASX ANNOUNCEMENT

FOR IMMEDIATE RELEASE TO THE MARKET PPK Group Limited – ASX Code: PPK

Friday 24 October 2025

NOTICE OF ANNUAL GENERAL MEETING AND PROXY FORM

PPK Group Limited (ASX Code: PPK) is pleased to provide its Notice of Annual General Meeting which is to be held on Wednesday 26 November 2025.

This announcement has been made and authorised by the Company Secretary.

Will Shiel

Company Secretary of PPK Group Limited On 07 3054 4500

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PPK Group Limited ACN 003 964 181

Notice of Annual General Meeting and Explanatory Statement

2025 Annual Report: https://www.ppkgroup.com.au/investor-center/annual-reports

THIS IS AN IMPORTANT DOCUMENT AND REQUIRES YOUR ATTENTION This Notice of Meeting and the accompanying Explanatory Statement should be read in their entirety. If, as a Shareholder, you are in doubt as to the course you should follow, please consult your financial or professional adviser prior to voting.

NOTICE OF ANNUAL GENERAL MEETING

NOTICE is given that the annual general meeting ( AGM ) of PPK Group Limited (the Company ) will be held at 11:00 am (AEST) on Wednesday 26 November 2025 .

IMPORTANT INFORMATION ABOUT THE ANNUAL GENERAL MEETING

The AGM will be conducted as a fully virtual meeting through an online meeting platform powered by Computershare. Shareholders will be able to watch, listen and vote online at the virtual meeting.

Shareholders are also encouraged to submit questions to the Company in advance of the meeting. Questions must relate to the resolutions to be considered at the meeting and must be submitted by email to the Company Secretary at co.sec@ppkgroup.com.au. All questions for the Company (other than those for the Auditor, discussed further below) must be received no later than 5:00 pm (AEST) on Friday 21 November 2025 .

The Chair or Managing Director will endeavour to present answers to these questions at the meeting. In the alternative, the Company Secretary will respond directly to your questions by email.

Details on how the virtual meeting can be accessed are set out in the online meeting guide accessible at computershare.com.au/virtualmeetingguide.

The Meeting ID is: https://meetnow.global/MHLDP5H

POSTPONEMENT / ADJOURNMENT / FUTURE ALTERNATIVE ARRANGEMENTS

Technical difficulties may arise during the course of the AGM. The Chair has discretion as to whether, and how, the AGM should proceed in the event that this happens. In exercising her discretion, the Chair will have regard to the number of Shareholders impacted and the extent to which participation in the business of the AGM is affected.

Where she considers it appropriate, the Chair may continue to hold the AGM and transact business, including conducting a poll and voting in accordance with valid proxy instructions. For this reason, Shareholders are encouraged to lodge a proxy by no later than 48 hours prior to the AGM, even if they plan to attend online.

In the event of the need to postpone or adjourn the AGM, the Company will provide an update on the ASX platform and via its website at www.ppkgroup.com.au.

ITEMS OF BUSINESS

1. Receipt of the Financial Report for the year ended 30 June 2025

Receipt of the Company's Financial Report, the Directors' Report and the Auditor's Report for the year ended 30 June 2025.

2. Remuneration Report

To consider and, if thought fit, pass the following resolution as an ordinary resolution:

• “ That the Remuneration Report for the year ended 30 June 2025 be adopted.”

3. Elect Mr Richard Francis as a Director of the Company

To consider and, if thought fit, pass the following resolution as an ordinary resolution:

“That Mr Richard Francis, who was appointed by the Board during the year to fill a casual vacancy, be elected as a Director of the Company.”

4. Extra 10% placement capacity

To consider and, if thought fit, pass the following resolution as a special resolution:

“That the Company have the additional capacity to issue equity securities provided for in Listing Rule 7.1A.”

VOTING EXCLUSIONS

Shareholders are strongly encouraged to vote by submitting their proxy prior to the meeting as set out in more detail in the attached Proxy Form.

In accordance with Listing Rule 14.11, the Company will disregard any votes cast in favour of the resolution (as set out in the table below) by or on behalf of:

• the named person or class of persons excluded from voting (as set out in the table below); or

• an associate of that person or those persons.

However, this does not apply to a vote cast in favour of a resolution by:

• a person as proxy or attorney for a person who is entitled to vote on the resolution, in accordance with directions given to the proxy or attorney to vote on the resolution in that way;

• the Chair of the meeting as proxy or attorney for a person who is entitled to vote on the resolution, in accordance with a direction given to the Chair to vote on the resolution as the Chair decides; or

• a holder acting solely in a nominee, trustee, custodial or other fiduciary capacity on behalf of a beneficiary provided the following conditions are met:

• the beneficiary provides written confirmation to the holder that the beneficiary is not excluded from voting, and is not an associate of a person excluded from voting, on the resolution; and

• the holder votes on the resolution in accordance with directions given by the beneficiary to the holder to vote in that way.

Item	The namedperson or class ofpersons excluded from voting
2. Remuneration Report	The Company will disregard any votes cast on Item 2: • by or on behalf of a member of the key management personnel of the Company (KMP) (as defined in section 9 of the Corporations Act) details of whose remuneration are included in the Remuneration Report; • by or on behalf of a closely related party (as defined in section 9 of the Corporations Act) of a member of the KMP; or • as a proxy or attorney by a member of the KMP or a KMP’s closely related party. The Chair intends to vote undirected proxies in accordance with the Director’s recommendation on this resolution set out below.
3. Elect Mr Richard Francis	That Director.
4. Extra 10% placement capacity	Any person who is expected to participate in, or who will obtain a material benefit as a result of, the proposed issue (except a benefit solely by reason of being a holder of ordinary securities in the Company).

Dated at Brisbane, on the 24[th] day of October 2025.

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By order of the Board Will Shiel Company Secretary

SHAREHOLDERS WHO ARE ENTITLED TO VOTE

In accordance with the Corporations Act, the Directors have determined that a person’s entitlement to vote at the meeting will be the entitlement of that person set out in the register of members as at 7:00 pm (AEDT) on Monday, 24 November 2025 .

Voting on all resolutions will be conducted by a poll.

Resolutions will only be passed if the relevant percentage of votes cast by Shareholders entitled to vote on the resolution are cast in favour of the resolution, namely:

• in the case of ordinary resolutions, 50% of votes cast; or

• in the case of special resolutions only, 75% of votes cast.

Unless expressly stated, all resolution are ordinary resolutions.

Shareholders may vote at the AGM in one of two ways:

• in advance of the AGM, by appointing a proxy (preferably the Chair) no later than 48 hours prior to the AGM. The Company recommends that Shareholders do this in case of technical difficulties at the AGM; or

• live and online during the AGM, using the Computershare platform.

2025 ANNUAL REPORT:

• The 2025 Annual Report is available on the Company’s website: https://www.ppkgroup.com.au/investor - center/annual reports

PROXIES:

• Shareholders wishing to appoint a proxy are encouraged to do so electronically by following the steps set out on the Proxy Form attached.

• A Shareholder entitled to vote at the AGM is entitled to appoint a proxy or not more than two proxies to attend and vote instead of the Shareholder.

• Where two proxies are appointed:

• (i) a separate Proxy Form, should be used to appoint each proxy; and

• (ii) the Proxy Form may specify the proportion, or the number, of votes that the proxy may exercise, and if it does not do so the proxy may exercise half of the votes.

• A Shareholder can appoint any other person to be their proxy. A proxy need not be a Shareholder of the Company. The proxy appointed can be described in the Proxy Form by an office held e.g. “the Chair of the Meeting”.

• If a Shareholder's appointed proxy does not attend the AGM, then the proxy appointment will automatically default to the Chair. In addition, any directed proxy appointments that do not vote on a poll will automatically default to the Chair, who is required to exercise the relevant votes as directed on the poll (subject to any applicable voting exclusions).

• In the case of Shareholders who are individuals, the Proxy Form must be signed: (i) if the Shares are held by one individual, by that Shareholder; or

• (ii) if the Shares are held in joint names, by any one of them.

• In the case of Shareholders who are companies, the Proxy Form must be signed:

• (i) if it has a sole director who is also sole secretary, by that director (and stating the fact next to, or under the signature on the Proxy Form); or

• (ii) in the case of any other company by either two directors or a director and secretary.

• The use of the common seal of the company, in addition to those required signatures, is optional.

• If the person signing the Proxy Form is doing so under a power of attorney, or is an officer of a company outside those referred to above but authorised to sign the Proxy Form, the power of attorney or other authorisation (or a certified copy of it), as well as the Proxy Form, must be received by the Company by the time and at the place specified below.

• A Proxy Form accompanies this notice. To be effective, your proxy must be received by the Company no later than 48 hours prior to the AGM. Proxy forms and appointments received later than the above time will be invalid.

You may make your proxy appointment on-line at www.investorvote.com.au.

If you have any problems accessing the on-line service, please contact the Company’s Share Registry on 1300 850 505 (within Australia) or +61 3 9415 4000 (outside Australia).

Alternatively, you may complete and sign a proxy form and return by:

(a) mail to:

Computershare Investor Services Pty Limited. GPO Box 242 Melbourne Victoria 3001 Australia

(b) facsimile : on 1 800 783 447 (within Australia) or +61 3 9473 2555 (from outside of Australia).

For Intermediary Online subscribers (custodians) go to www.intermediaryonline.com.

Your proxy must be received by 11:00 am (AEST) on Monday, 24 November 2025 . Proxy forms and appointments received later than the above time will be invalid.

EXPLANATORY STATEMENT

This Explanatory Statement forms part of the Notice of Meeting and has been prepared to provide Shareholders with material information to enable them to make an informed decision on the business to be conducted at the AGM.

ITEM 1: Financial Report – Year ended 30 June 2025

The Corporations Act requires the Financial Report (which includes the financial statements and the Directors’ Declaration), the Directors’ Report and the Auditor’s Report to be tabled for discussion at the AGM. There is no requirement either in the Corporations Act or in the Constitution of the Company for Shareholders to approve the Financial Report, the Directors’ Report or the Auditor’s Report. Shareholders attending the AGM will be given a reasonable opportunity to ask questions about, or make comments on, the Financial Report.

This item of business provides Shareholders with an opportunity to ask questions concerning or make comments on the Company’s financial statements and reports for the year ended 30 June 2025 and the Company’s performance generally. A representative of the Auditor (Ernst & Young) will be attending the AGM.

As a Shareholder, you are entitled to submit a written question to the Auditor prior to the AGM provided that the question relates to:

• the content of the Auditor’s Report; or

• the conduct of the audit in relation to the Financial Report.

All questions must be sent by email to the Company Secretary at co.sec@ppkgroup.com.au and must not be sent directly to the Auditor. The Company will then forward all questions to the Auditor. All written questions for the Auditor must be received by the Company no later than 11:00 am (AEST) on Wednesday, 19 November 2025 .

The Auditor will answer written questions submitted prior to the AGM.

The Auditor will also answer questions at the meeting from Shareholders relevant to:

• the conduct of the audit;

• the preparation and content of the Auditor’s Report;

• the accounting policies adopted by the Company in relation to the preparation of the financial statements; and

• the independence of the Auditor in relation to the conduct of the audit.

ITEM 2: Remuneration Report

The Directors’ Report for the year ended 30 June 2025 contains a Remuneration Report which sets out the policy on remuneration of the Directors of the Company and specified executives of the Company.

The Corporations Act requires that a resolution be put to the vote that the Remuneration Report be adopted. The Corporations Act expressly provides that the vote is advisory and does not bind the Directors of the Company. However, if at least 25% of the votes cast are against the adoption of the Remuneration Report, the Company’s next Remuneration Report must explain the Board’s proposed action in response or explain why no action has been taken.

In the following year, if at least 25% of the votes cast on the resolution that the Remuneration Report be adopted are against adoption, Shareholders will then vote to determine whether the Directors, excluding the CEO, will need to stand for re-election (a Spill Resolution ). If more than 50% of the votes cast on the Spill Resolution are in favour, a separate re-election meeting must be held within 90 days.

At the Company's 2024 Annual General Meeting, the votes cast against the Remuneration Report considered at that meeting were less than 25%.

Members attending the AGM will be given a reasonable opportunity to ask questions about, or make comments on, the Remuneration Report.

Directors’ recommendation

The Board unanimously recommends that Shareholders vote in favour of this resolution.

Subject to the voting exclusions set out in this Notice of Meeting, the Chair intends to vote undirected proxies in favour of this resolution.

ITEM 3: Election of Mr Richard Francis as a Director of the Company

Independent Non-Executive Director

Appointed on 2 December 2024 Appointed as Chair of the Audit & Risk Committee on 19 December 2024

Rick has over 25 years experience in the energy and infrastructure sectors, including over a decade as the Managing Director and CEO of Spark Infrastructure Group (previously ASX:SKI). He was also CFO at Spark Infrastructure for 3 years, CFO at ASX-listed APA Group for 4 years and had a number of roles at ASX-listed Origin Energy over 8 years. He also has extensive board experience in both the listed and unlisted arenas, including as Deputy Chair of TransGrid, director of Victoria Power Networks (CitiPower and Powercor), director of SA Power Networks and executive director of Spark Renewables. Rick is also a Non-Executive Director of Li-S Energy Limited (ASX:LIS).

In addition to supporting and leading the transition to a cleaner future through renewables and associated technology during his tenure at Spark Infrastructure, he has experience in many different complex transactions including unsolicited take-overs, acquisitions, corporate restructures and many different types of equity and debt raisings.

Rick has a Bachelor of Commerce from UNSW and a Masters of Business Administration from the Macquarie Graduate School of Management. He is also a Graduate of the Australian Institute of Company Directors and a Chartered Accountant.

Rick was appointed by the Board to fill a casual vacancy. He is now formally standing for election to the Board.

Directors’ recommendation

The Board recommends (Mr Francis abstaining) that Shareholders vote in favour of this resolution.

Subject to the voting exclusions set out in this Notice of Meeting, the Chair intends to vote undirected proxies in favour of this resolution.

ITEM 4: Extra 10% placement capacity

Background

Broadly speaking, and subject to a number of exceptions, Listing Rule 7.1 limits the amount of equity securities that a listed company can issue without the approval of its shareholders over any 12 month period to 15% of the fully paid ordinary securities it had on issue at the start of that period.

Listing Rule 7.1A enables an ‘eligible entity’ to seek approval from its Shareholders by way of special resolution passed at its AGM for an additional issuance capacity of 10% ( Additional 10% Placement Capacity ). Any such Shares must be issued within the Additional Placement Period (defined below). For the avoidance of doubt, any approved Additional 10% Placement Capacity is in addition to the Company’s ordinary 15% placement capacity under Listing Rule 7.1.

What is the ‘Additional Placement Period’?

Any approval of an Additional 10% Placement Capacity under Listing Rule 7.1A commences on the date of this AGM and expires on the earlier of:

• (a) the date that is 12 months after the date of this AGM;

• (b) the time and date of the next AGM; or

• (c) the time and date of an approval by Shareholders of a transaction under Listing Rules 11.1.2 (a significant change to the nature or scale of activities) or 11.2 (disposal of main undertaking).

The period between those two dates is the ‘ Additional Placement Period ’.

Who is an ‘eligible entity’?

Only ‘eligible entities’ may seek approval under Listing Rule 7.1A. An entity will be eligible to seek approval under Listing Rule 7.1A if (at the date of the special resolution):

• (a) the entity has a market capitalisation of less than the prescribed amount, namely $300 million; and

• (b) the entity is not included in the S&P/ASX300 Index.

As at the date of this Notice of Meeting, the Company is an ‘eligible entity’ for the purposes of Listing Rule 7.1A.

Nature of proposed resolution

Item 4 seeks approval from Shareholders for the Company to acquire an Additional 10% Placement Capacity. Approval of the Additional 10% Placement Capacity would provide greater flexibility for the Board to issue Shares during the Additional Placement Period.

If passed, the effect of this Resolution would be to permit the Company to issue Shares under Listing Rule 7.1A during the Additional Placement Period without using the Company’s 15% placement capacity under Listing Rule 7.1. If not passed, the Company will not be able to access the Additional 10% Placement Capacity and will remain subject to the ordinary 15% limit on issuing equity securities without shareholder approval set out in Listing Rule 7.1.

This resolution is a special resolution and, as such, requires the approval of 75% of the eligible votes cast in order to pass.

Scope of Listing Rule 7.1A

If approved, the number of Shares permitted to be issued under the Additional 10% Placement Capacity will be determined in accordance with the formula set out in Listing Rule 7.1A.2, which operates on a ‘point-in-time’ basis.

(A x D) – E

A has the same meaning as in Listing Rule 7.1, namely 90,812,498 as at the date of this Notice of Meeting (being the total number of shares on issue).

D is 10%, being the additional issuance capacity.

E is the number of equity shares issued under Listing Rule 7.1A.2 without subsequent approval in the ‘relevant period’, being the 12 months immediately preceding the date of issue. That number is zero.

As such, the maximum number of Shares the Company would be entitled to issue under an approved Additional 10% Placement Capacity is 9,081,249 at the date of this Notice of Meeting.

In the event that the Company makes use of any Additional 10% Placement Capacity, the Company will announce to the market that any such issue or proposed issue of Shares occurred under Listing Rule 7.1A.

Specific information required by Listing Rule 7.3A

The following information in relation to the Shares proposed to be issued is provided to Shareholders for the purposes of Listing Rule 7.3A.

• (a) Any approval will only be valid for the Additional Placement Period.

• (b) Any Shares issued under Listing Rule 7.1A.2 will be issued for a cash consideration and will be in an existing class of quoted security. Any Shares will be issued at an issue price which is not less than 75% of the volume-weighted average market price of the Company’s Shares calculated over the 15 trading days before:

• (i) the date on which the price at which the Shares are to be issued is agreed; or

• (ii) if the Shares are not issued within 10 trading days of the date in paragraph (i) above, the date on which the Shares are issued.

• (c) At this stage, there are no clear and final purposes for which any funds raised by issuing securities under Listing Rule 7.1A.2 would be used. The Company may seek to issue the Shares under this approval to raise funds for the following purposes: ongoing development and manufacture of products, a potential business or product acquisition, new product development costs, repayment of debt, providing additional debt financing to investee companies, administration costs and general working capital. The Company does not have an allocation policy for such share issues, as it will be dependent on the prevailing market conditions at the time of any proposed issue which could be up to 12 months from the date of this AGM. The identity of any allottees would be determined on a case-by-case basis at that time and the Company has no specific intentions in that regard.

• (d) If Item 4 is approved by shareholders and the Company issues Shares under the Additional 10% Placement Capacity, there may necessarily be economic and voting dilution to existing ordinary security holders who do not participate. In particular, there are risks that:

• (i) the market price for the Company's Shares may be significantly lower on the date of the issue of the Shares than on the date of this AGM; and

• (ii) the Shares may be issued at a price that is at a discount to the market price for the Company's Shares on the issue date.

• (e) The table below describes the potential / hypothetical economic and voting dilution of existing Shareholders based on a number of different scenarios, including different numbers of Shares on issue (variable ‘A’ in the formula above) and different issue prices. It uses a current market price of $0.40, being the closing price on 1 October 2025. This table is purely illustrative In nature and is provided to Shareholders as required by the Listing Rules.

Variable ‘A’	Number of Shares issued and funds raised under the Additional 10% Placement Capacity	Hypothetical economic and voting dilution	Hypothetical economic and voting dilution	Hypothetical economic and voting dilution
		$0.20 Issue Price at half the current market price	$0.40 Issue Price at current market price	$0.80 Issue Price at double the current market price
Current Variable ‘A’ 90,812,498*	Shares issued	9,081,249	9,081,249	9,081,249
	Funds raised	$1,816,250	$3,632,500	$7,265,000
	Dilution	10%	10%	10%
50% increase in Current Variable ‘A’ 136,218,747 Shares	Shares issued	13,621,874	13,621,874	13,621,874
	Funds raised	$2,724,375	$5,448,750	$10,897,500
	Dilution	10%	10%	10%
100% increase in Current variable ‘A’ 181,624,996	Shares issued	18,162,498	18,162,498	18,162,498
	Funds raised	$3,632,500	$7,265,000	$14,530,000
	Dilution	10%	10%	10%

• There are currently 90,812,498 Shares on issue as at the date of this Notice of Meeting. The number of Shares on issue (Variable A) could increase as a result of the issue of Shares that do not require Shareholder approval (such as under a pro-rata rights issue or scrip issued under a takeover offer) or that are issued with Shareholder approval under Listing Rule 7.1. The table above uses the following assumptions:

1. The current issue price set out above is the closing market price of the Shares on the ASX on 1 October 2025.

2. The Company issues the maximum possible number of equity securities under the 7.1A Mandate.

3. The Company has not issued any equity securities in the 12 months prior to the Meeting that were not issued under an exception in Listing Rule 7.2 or with approval under Listing Rule 7.4.

4. The issue of equity securities under the 7.1A mandate consists only of Shares. It is assumed that no options are exercised into Shares before the date of issue of the equity securities.

5. The calculations above do not show the voting dilution that any one particular Shareholder will be subject to. All Shareholders should consider the voting dilution caused to their own shareholding depending on their specific circumstances.

6. This table does not set out any voting dilution pursuant to approvals under Listing Rule 7.1. 7. The 10% voting dilution reflects the aggregate percentage dilution against the issued share capital at the time of issue. This is why the voting dilution is shown in each example as 10%.

8. The table shows only the effect of issues of Shares under Listing Rule 7.1A, not under the 15% placement capacity under Listing Rule 7.1.

• (f) The Company has not issued any Shares under Listing Rule 7.1A.2 in the 12 months preceding this Notice of Meeting.

• (g) It is not known at this time if an issue of Shares will be made under the Additional 10% Placement Capacity. The Company is not proposing to make such an issue at this time, nor is the identity if any such allottee known. As such, no existing security holders’ votes would be excluded under the voting exclusion statement included in this Notice.

Directors’ recommendation

The Board unanimously recommends that Shareholders vote in favour of this special resolution.

Subject to the voting exclusions set out in this Notice of Meeting, the Chair intends to vote undirected proxies in favour of this resolution.

GLOSSARY

ASX means ASX Limited (ACN 008 624 691), or the financial market operated by it, as the context requires.

ASX Listing Rules means the listing rules of the ASX.

Board means the Board of Directors of the Company unless the context indicates otherwise.

Constitution means the constitution of the Company, as amended from time to time.

Corporations Act means the Corporations Act 2001 (Cth).

Director means a director of the Company.

Notice of Meeting means this Notice of Annual General Meeting and Explanatory Statement.

Share means a fully paid ordinary share in the capital of the Company.

Shareholder means a registered holder of a Share.

Share Registry or Computershare means Computershare.

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Need assistance?

Phone:

1300 850 505 (within Australia) +61 3 9415 4000 (outside Australia)

Online:

www.investorcentre.com/contact

PPK

MR SAM SAMPLE FLAT 123 123 SAMPLE STREET THE SAMPLE HILL SAMPLE ESTATE SAMPLEVILLE VIC 3030

YOUR VOTE IS IMPORTANT

For your proxy appointment to be effective it must be received by 11:00 am (AEST) Monday, 24 November 2025.

Proxy Form

How to Vote on Items of Business

Lodge your Proxy Form:

XX

All your securities will be voted in accordance with your directions.

Online:

APPOINTMENT OF PROXY

Voting 100% of your holding: Direct your proxy how to vote by marking one of the boxes opposite each item of business. If you do not mark a box your proxy may vote or abstain as they choose (to the extent permitted by law). If you mark more than one box on an item your vote will be invalid on that item.

Voting a portion of your holding: Indicate a portion of your voting rights by inserting the percentage or number of securities you wish to vote in the For, Against or Abstain box or boxes. The sum of the votes cast must not exceed your voting entitlement or 100%.

Appointing a second proxy: You are entitled to appoint up to two proxies to attend the meeting and vote on a poll. If you appoint two proxies you must specify the percentage of votes or number of securities for each proxy, otherwise each proxy may exercise half of the votes. When appointing a second proxy write both names and the percentage of votes or number of securities for each in Step 1 overleaf.

Lodge your vote online at www.investorvote.com.au using your secure access information or use your mobile device to scan the personalised QR code.

Your secure access information is

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Control Number: 999999

SRN/HIN: I9999999999 PIN: 99999

For Intermediary Online subscribers (custodians) go to www.intermediaryonline.com

A proxy need not be a securityholder of the Company.

SIGNING INSTRUCTIONS FOR POSTAL FORMS

Individual: Where the holding is in one name, the securityholder must sign.

Joint Holding: Where the holding is in more than one name, all of the securityholders should sign.

Power of Attorney: If you have not already lodged the Power of Attorney with the registry, please attach a certified photocopy of the Power of Attorney to this form when you return it.

Companies: Where the company has a Sole Director who is also the Sole Company Secretary, this form must be signed by that person. If the company (pursuant to section 204A of the Corporations Act 2001) does not have a Company Secretary, a Sole Director can also sign alone. Otherwise this form must be signed by a Director jointly with either another Director or a Company Secretary. Please sign in the appropriate place to indicate the office held. Delete titles as applicable.

By Mail:

Computershare Investor Services Pty Limited GPO Box 242 Melbourne VIC 3001 Australia

By Fax:

1800 783 447 within Australia or +61 3 9473 2555 outside Australia

PARTICIPATING IN THE MEETING

Corporate Representative

If a representative of a corporate securityholder or proxy is to participate in the meeting you will need to provide the appropriate “Appointment of Corporate Representative”. A form may be obtained from Computershare or online at www.investorcentre.com/au and select "Printable Forms".

PLEASE NOTE: For security reasons it is important that you keep your SRN/HIN confidential.

You may elect to receive meeting-related documents, or request a particular one, in electronic or physical form and may elect not to receive annual reports. To do so, contact Computershare.

Samples/000001/000001

MR SAM SAMPLE FLAT 123 123 SAMPLE STREET THE SAMPLE HILL SAMPLE ESTATE SAMPLEVILLE VIC 3030

Change of address. If incorrect, mark this box and make the correction in the space to the left. Securityholders sponsored by a broker (reference number commences with ‘ X ’) should advise your broker of any changes.



I 9999999999

I ND

Proxy Form

Please mark

to indicate your directions

Step 1

Appoint a Proxy to Vote on Your Behalf

XX

I/We being a member/s of PPK Group Limited hereby appoint

the Chair OR of the Meeting

PLEASE NOTE: Leave this box blank if you have selected the Chair of the Meeting. Do not insert your own name(s).

or failing the individual or body corporate named, or if no individual or body corporate is named, the Chair of the Meeting, as my/our proxy to act generally at the meeting on my/our behalf and to vote in accordance with the following directions (or if no directions have been given, and to the extent permitted by law, as the proxy sees fit) at the Annual General Meeting of PPK Group Limited to be held as a virtual meeting online via https://meetnow.global/MHLDP5H on Wednesday, 26 November 2025 at 11:00 am (AEST) and at any adjournment or postponement of that meeting.

Chair authorised to exercise undirected proxies on remuneration related resolutions: Where I/we have appointed the Chair of the Meeting as my/our proxy (or the Chair becomes my/our proxy by default), I/we expressly authorise the Chair to exercise my/our proxy on Item 2 (except where I/we have indicated a different voting intention in step 2) even though Item 2 is connected directly or indirectly with the remuneration of a member of key management personnel, which includes the Chair.

Important Note: If the Chair of the Meeting is (or becomes) your proxy you can direct the Chair to vote for or against or abstain from voting on Item 2 by marking the appropriate box in step 2.

Step 2 Items of Business

PLEASE NOTE: If you mark the Abstain box for an item, you are directing your proxy not to vote on your behalf on a show of hands or a poll and your votes will not be counted in computing the required majority.

For Against Abstain

• 2 Remuneration Report

3 Elect Mr Richard Francis as a Director of the Company

• 4 Extra 10% placement capacity

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The Chair of the Meeting intends to vote undirected proxies in favour of each item of business. In exceptional circumstances, the Chair of the Meeting may change his/her voting intention on any resolution, in which case an ASX announcement will be made.

Step 3 Signature of Securityholder(s)

This section must be completed.

Individual or Securityholder 1 Securityholder 2 Securityholder 3 Sole Director & Sole Company Secretary Director Director/Company Secretary Update your communication details By providing your email address, you consent to receive future Notice of Meeting & Proxy communications electronically Mobile Number Email Address (Optional) Date / /	/ /

9 9 9 9 9 9 A

P P K