RINCON RESOURCES LIMITED — Director's Dealing 2025

Aug 27, 2025

28 August 2025

Change of Directors Interest Notice’s

Rincon Resources Limited (ASX: RCR) ( “Rincon” or “Company” ) provides the following Change in Directors Interest Notice’s for each of the Directors who participated in the non-renounceable entitlement issue described in the Prospectus dated 18 July 2025.

The change occurred on 14 August 2025, and through an administrative oversight, the Company failed to lodge an Appendix 3Y for each Director for the associated change in interest within the required timeframe. Upon identifying this omission, the Company has immediately rectified the matter.

The Company considers that the current arrangements in place to make disclosure under 3.19A are adequate and are being enforced, and that failure to do so on this occasion was due to an oversight.

----ENDS----

Authorised by the Board of Rincon Resources Limited.

For more information visit www.rinconresources.com.au or contact:

Company:

Office: Tel: +61 (8) 6555 2950

Michael Griffiths - Director

Email: mike.griffiths@rinconresources.com.au

David Lenigas - Chairman

Email: davidlenigas@gmail.com

Page 1

ASX Announcement 28 August 2025

About Rincon:

Rincon has 100% interest in three exploration assets in Western Australia that are highly prospective for copper, gold and other critical metals required for the energy transition. These are the South Telfer Project, West Arunta Project, and the Laverton Project.

Each asset has previously been subject to historical exploration which has identified prospective mineral systems that warrant further exploration. The Company’s aim is to create value for its shareholders by advancing its assets through the application of technically sound, methodical, and systematic exploration programs to test, discover, and delineate economic resources for mining.

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Page 2

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	Rincon Resources Limited
ABN	54 628 003 538

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.

Name of Director	Mr Blair Sergeant
Date of last notice	13 June 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	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Evolution Capital Partners Pty Ltd - an entity related to Mr Blair Sergeant Rio Super Pty Ltd SF A/C> - an entity related to Mr Blair Sergeant
Date of change	14 August 2025

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held before change		Evolution Capital Partners Pty Ltd 375,547 Ordinary Shares 200,000 - Performance rights C 200,000 - Performance rights D 250,000 – Performance rights E 250,000 – Performance rights F 250,000 – Performance rights G 250,000 – Performance rights H 1,000,000 unlisted Options exercisable at $0.05 expiring 1 December 2027 1,000,000 unlisted Options exercisable at $0.075 expiring 1 December 2027 1,000,000 unlisted Options exercisable at $0.10 expiring 1 December 2027 3,000,000 unlisted Options exercisable at $0.15 expiring 13 August 2027 Rio Super Pty Ltd SF A/C> 4,282,704 Ordinary Shares
Class		Unlisted Options exercisable at $0.03 expiring14February2027
Number acquired		1,552,749
Number disposed		n/a
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		$1,552.77

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change		Evolution Capital Partners Pty Ltd 375,547 Ordinary Shares 200,000 - Performance rights C 200,000 - Performance rights D 250,000 – Performance rights E 250,000 – Performance rights F 250,000 – Performance rights G 250,000 – Performance rights H 125,812 unlisted Options exercisable at $0.03 expiring 14 February 2027 3,000,000 unlisted Options exercisable at $0.15 expiring 13 August 2027 1,000,000 unlisted Options exercisable at $0.05 expiring 1 December 2027 1,000,000 unlisted Options exercisable at $0.075 expiring 1 December 2027 1,000,000 unlisted Options exercisable at $0.10 expiring 1 December 2027 Rio Super Pty Ltd SF A/C> 4,282,704 Ordinary Shares 1,427,567 unlisted Options exercisable at $0.03 expiring 14 February 2027
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back		Participation in non-renounceable entitlement offer

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.

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
Date of change	N/A
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

Appendix 3Y Change of Director’s Interest Notice

Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	N/A
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

Date of notice: 28 August 2025

• See chapter 19 for defined terms.

Appendix 3Y Page 4

01/01/2011

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	Rincon Resources Limited
ABN	54 628 003 538

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.

Name of Director Mr David Lenigas

Date of last notice 13 August 2024

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
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.		N/A
Date of change		14 August 2025
No. of securities held prior to change		Direct: 2,000,000 Fully Paid Ordinary Shares 4,000,000 unlisted Options exercisable at $0.15 expiring 30 September 2025 1,000,000 unlisted Options exercisable at $0.05 expiring 1 December 2027 1,000,000 unlisted Options exercisable at $0.075 expiring 1 December 2027 1,000,000 unlisted Options exercisable at $0.10 expiring 1 December 2027 2,000,000 unlisted Options exercisable at $0.15 expiring 13 August 2027 Indirect: 1,045,454FullyPaid OrdinaryShares
Class		Unlisted Options exercisable at $0.03 expiring14February2027

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Number acquired		666,666
Number disposed		N/A
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		$666.67
No. of securities held after change		Direct: 2,000,000 Fully Paid Ordinary Shares 4,000,000 unlisted Options exercisable at $0.15 expiring 30 September 2025 666,666 Unlisted Options exercisable at $0.03 expiring 14 February 2027 1,000,000 unlisted Options exercisable at $0.05 expiring 1 December 2027 1,000,000 unlisted Options exercisable at $0.075 expiring 1 December 2027 1,000,000 unlisted Options exercisable at $0.10 expiring 1 December 2027 2,000,000 unlisted Options exercisable at $0.15 expiring 13 August 2027 Indirect: 1,045,454 Fully Paid Ordinary Shares
Nature of change Example: on-market trade, of-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back		Participation in non-renounceable entitlement ofer

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.

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
Date of change	N/A
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 2

Appendix 3Y Change of Director’s Interest Notice

Interest after change N/A

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	N/A
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

Date of notice: 28 August 2025

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

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	Rincon Resources Limited
ABN	54 628 003 538

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.

Name of Director	Mr Don Strang
Date of last notice	13 August 2024

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
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.		Nichola Strang (spouse of Director)
Date of change		14 August 2025
No. of securities held prior to change Nichola Strang (spouse of Director)		Direct: 1,663,636 Fully Paid Ordinary Shares Indirect: 2,000,000 Unlisted Options with an exercise price of $0.15 expiring on 30 September 2025 1,000,000 Unlisted Options exercisable at $0.05 expiring 1 December 2027 1,000,000 Unlisted Options exercisable at $0.075 expiring 1 December 2027 1,000,000 Unlisted Options exercisable at $0.10 expiring 1 December 2027 3,000,000 unlisted Options exercisable at $0.15 expiring 13 August 2027

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

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----- Start of picture text -----

Class Unlisted Options exercisable at $0.03
expiring 14 February 2027
Number acquired 554,545
Number disposed N/A
Value/Consideration $554.55
Note: If consideration is non-cash, provide details and estimated
valuation
No. of securities held after change Direct:
1,663,636 Fully Paid Ordinary Shares
554,545 unlisted Options exercisable at
$0.03 expiring 14 February 2027
Nichola Strang (spouse of Director)
Indirect:
2,000,000 Unlisted Options with an
exercise price of $0.15 expiring on 30
September 2025
1,000,000 Unlisted Options exercisable at
$0.05 expiring 1 December 2027
1,000,000 Unlisted Options exercisable at
$0.075 expiring 1 December 2027
1,000,000 Unlisted Options exercisable at
$0.10 expiring 1 December 2027
3,000,000 unlisted Options exercisable at
$0.15 expiring 13 August 2027
Nature of change Participation in non-renounceable
Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- entitlement offer
back
----- End of picture text -----

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.

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
Date of change	N/A
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A

01/01/2011 Appendix 3Y Page 2

Appendix 3Y Change of Director’s Interest Notice

Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

art 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	N/A
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

Date of notice: 28 August 2025

01/01/2011 Appendix 3Y Page 3