PTR MINERALS LTD — Share Issue/Capital Change 2025

Sep 7, 2025

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

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Announcement Summary

Entity name

PETRATHERM LTD

Date of this announcement

Monday September 08, 2025

The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that 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
PTRAF	PERFORMANCE RIGHTS	2,525,000	08/09/2025

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

PETRATHERM LTD

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 ABN 53008172450

1.3 ASX issuer code

PTR

1.4 The announcement is

New announcement

1.5 Date of this announcement

8/9/2025

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

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

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")

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

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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

ASX +security code and description PTRAF : PERFORMANCE RIGHTS

Date the +securities the subject of this notification were issued
8/9/2025
Will these +securities rank equally in all respects from their issue date with the existing issued
+securities in that class
Yes
Were any of the +securities issued to +key management personnel (KMP) or an +associate?
No
Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme
or a summary of the termsRefer Annexure A of the Company's Notice of Extraordinary General Meeting lodged with ASX on 12 February 2025;https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02912027-2A1577882&v=c2533a54e2514fb77a8f93f84db686e1125273e9Any other information the entity wishes to provide about the +securities the subject of this notificationVesting conditions relate to various project milestones at the Company's Muckanippie Project.

Issue details

Number of +securities 2,525,000

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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
PTR : ORDINARY FULLY PAID	346,614,770
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
PTRAI : OPTION EXPIRING 31-DEC-2029 EX NIL	850,000
PTRAJ : OPTION EXPIRING 28-JAN-2028 EX $0.51	75,000
PTRAK : OPTION EXPIRING 27-JUN-2028 EX $0.45	1,000,000
PTRAG : OPTION EXPIRING 31-DEC-2027 EX NIL	850,000
PTRAH : OPTION EXPIRING 31-DEC-2028 EX NIL	850,000
PTRAS : OPTION EXPIRING 31-OCT-2027 EX $0.076	650,000
PTRAF : PERFORMANCE RIGHTS	7,325,000
PTRAC : OPTION EXPIRING 12-JAN-2026 EX $0.093	300,000

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

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

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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? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

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