RED MOUNTAIN MINING LIMITED — Director's Dealing 2025

Sep 29, 2025

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity Red Mountain Mining Ltd

ABN 40 119 568 106

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

We (the entity) give ASX the followingthe director for the purposes of section	information under listing rule 3.19A.2 and as agent for205G of the Corporations Act.
Name of Director	Lincoln Liu
Date of last notice	19 September 2025

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Direct and Indirect	Direct and Indirect
	Bay Financial Pty Ltd (Director)
Nature of indirect interest
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant
interest.
Date of change	30	September 2025
	Direct
	•	13,500,000 Fully Paid Ordinary Shares
	•	4,200,000 RMXO quoted options (expiry
No. of securities held prior to change		10 May 2027, exercise price $0.02)
	Indirect
	•	20,000,000 Class B - Performance Rights
	•	20,000,000 Class C - Performance Rights
Class	Fully Paid Ordinary Shares
Number acquired	20,000,000
Number disposed	-

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Value/Consideration	$0.035per share
Note: If consideration is non-cash, provide details and estimated valuation
No. of securities held after change	Direct
	• 13,500,000 Fully Paid Ordinary Shares
	• 4,200,000 RMXO quoted options (expiry
	10 May 2027, exercise price $0.02)
	Indirect
	• 20,000,000 Fully Paid Ordinary Shares
	• 20,000,000 Class C - Performance Rights
Nature of change	Class B - performance rights milestone met
Example: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation in	and converted.
buy-back

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

==> picture [434 x 324] intentionally omitted <==

----- Start of picture text ----- Detail of contract N/ANature of interest N/AName of registered holder N/A(if issued securities)Date of change N/ANo. and class of securities to which N/Ainterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changedInterest acquired N/AInterest disposed N/AValue/Consideration N/ANote: If consideration is non-cash, provide detailsand an estimated valuationInterest after change N/A----- End of picture text -----

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	No
If so, was prior written clearance provided to allow thetrade to proceed during this period?	N/A
If prior written clearance was provided, on what date wasthis provided?	N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3