PPK GROUP LIMITED — Capital/Financing Update 2026

Feb 4, 2026

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ASX RELEASE

FOR IMMEDIATE RELEASE TO THE MARKET

PPK Group Limited – ASX Code: PPK

Thursday, 5 February 2026

PPK increases shareholding in PowerPlus Energy

PPK Group Limited (ASX:PPK) announces that it has completed a transaction to increase its shareholding in PowerPlus Energy Pty Ltd (“ PPE ”) to 75.4% (65.3% on a fully diluted basis).

PPK has acquired the 24.4% stake (14.7% on a fully diluted basis) from an entity connected to the founder and former Chief Executive Officer of PPE.

The share purchase forms part of a broader settlement to resolve several matters between various parties, ultimately resulting in a small net cash payment by PPK.

For the avoidance of doubt, the purchase of those shares is part of this broader settlement and is separate to the fixed price pathway for PPK to increase its shareholding described in the earlier announcement of 4 May 2023.

This announcement has been made and authorised by the PPK Group Board.

For further information contact:

Anne-Marie Birkill

Will Shiel

Chair T: 07 3054 4500

Company Secretary 07 3054 4500

PPK GROUP LIMITED

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ABN: 65 003 964 181 Level 13, 120 Edward St, Brisbane QLD 4000 GPO Box 754, Brisbane Qld 4001 Tel: +61 7 3054 4500 Fax: +61 7 3054 459