S2 RESOURCES LTD — Capital/Financing Update 2025

Aug 6, 2025

7 August 2025

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The Manager

ASX Market Announcements

Australian Securities Exchange Limited

Dear Sir/Madam,

S2 Resources Limited (ASX Code: S2R)

Notification pursuant to section 708A(5)(e) of the Corporations Act 2001 (Cth)

This notice is given by S2 Resources Limited (ACN 606 128 090) (the Company ) pursuant to section 708A(5)(e) of the Corporations Act 2001 (Cth), as modified by applicable legislative instruments (the Act ).

On 7 August 2025, the Company completed the issue of the second tranche of fully paid ordinary shares in the capital of the Company ( Shares ), pursuant to the placement announced on 10 June 2025. The second tranche consisted of the issue of 1,527,778 Shares ( Tranche 2 Placement Shares ) at an issue price of $0.072 per Share to the directors of the Company (or their nominees) to raise $110,000 (before costs). The Tranche 2 Placement Shares were issued pursuant to Shareholder approval, which was received at the General Meeting on 7 August 2025. Please refer to the Company’s ASX announcement dated 10 June 2025 and Appendix 2A dated 7 August 025 which contain further details regarding Tranche 2 of the placement.

The Company hereby gives notice that:

• (a) the Company issued the Tranche 1 Placement Shares without disclosure to investors under Part 6D.2 of the Act;

• (b) this notice is being given under section 708A(5)(e) of the Act;

• (c) as at the date of this notice, the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company, and section 674 and 674A of the Act; and

• (d) as at the date of this notice, there is no excluded information of the type referred to in sections 708A(7) and 708A(8) of the Act that is required to be set out in this notice under section 708A(6) of the Act.

Authorised for release by the Board of Directors of S2 Resources Limited.

Yours faithfully,

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Andrea Betti Company Secretary

Level 14, 333 Collins Street, Melbourne VIC 3000, Australia. PO Box 143, Kingsway, WA 6065, Australia ABN 18 606 128 090 T +61 8 6166 0240 F 61 8 6270 5410 E admin@s2resources.com.au W www.s2resources.com.au