QUANTUM GRAPHITE LIMITED — Capital/Financing Update 2024

Jul 18, 2024

19 July 2024

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Ms Ash Aziz Adviser 525 Collins Street, Rialto, South Tower Level 50 Melbourne VIC 3000

Dear Madam,

Cleansing Notice under section 708A(5)(e) of the Corporations Act 2001 (Cth)

This notice is given by Quantum Graphite Limited ABN 40 004 681 734 ( ASX: QGL, “Quantum” or the “Company” ) under section 708A(5)(e) of the Corporations Act 2001 (Cth) ( Corporations Act ).

Following the Company’s recent share issuance of ordinary fully paid shares either participants in a placedment the Company issued a total of 3,404,450 ordinary fully paid shares ( Shares ) as follows:-

ment the Compa	ny issued a total of 3,40	4,450 ordinary fully paid shar	es (Shares) as foll
Nature	Date Issued	Number of Shares	$
Placement	10 July 2024	3,404,450	$1,499,967

In accordance with section 708(6) of the Corporations Act, the Company provides notice to the ASX that:

1. It has issued the Shares without disclosure to investors under Part 6D.2 of the Corporations Act,

2. this notice is being given under section 708(5)(e) of the Corporations Act,

3. as at the date of this notice, the Company has complied with:

   • a. The provisions of Chapter 2M of the Corporations Act as they apply to the Company; and

   • b. Section 674 and 674A of the Corporations Act; and

4. as at the date of this notice, there is no “excluded information” of the type referred to in section 708A(7) and 708A(8) of the Corporations Act that investors and their professional advisors would reasonably have expected to find in a disclosure document.

Yours sincerely

Rochelle Pattison Company Secretary