Sarama Resources Ltd. — Share Issue/Capital Change 2026

Apr 20, 2026

Appendix 3H - Notification of cessation of securities

Announcement Summary

Entity name
SARAMA RESOURCES LTD

Announcement Type
New announcement

Date of this announcement
Tuesday April 21, 2026

Details of +securities that have ceased

ASX +security code	Security description	Number of +securities that have ceased	The +securities have ceased due to	Date of cessation
SRRAM	OPTION EXPIRING
20-APR-2026 EX $0.16	6,809,999	Expiry of option or other convertible security without exercise or conversion	20/04/2026

Refer to next page for full details of the announcement

Appendix 3H - Notification of cessation of securities

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Appendix 3H - Notification of cessation of securities

Part 1 - Announcement Details

1.1 Name of +Entity
SARAMA RESOURCES LTD
We (the entity named above) provide the following information about our issued capital.

1.2 Registered Number Type
Registration Number
ARBN
143964649

1.3 ASX issuer code
SRR

1.4 The announcement is
New announcement

1.5 Date of this announcement
21/4/2026

Appendix 3H - Notification of cessation of securities

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Appendix 3H - Notification of cessation of securities

Part 2 - Details of +equity securities or +debt securities that have ceased

ASX +Security Code and Description
SRRAM : OPTION EXPIRING 20-APR-2026 EX $0.16

Unquoted +equity securities that have ceased
Number of securities that have ceased
6,809,999

Reason for cessation
Expiry of option or other convertible security without exercise or conversion

Date of cessation
20/4/2026
Is the entity paying any consideration for the cessation?
No

Any other information the entity wishes to notify to ASX about the cessation?

Appendix 3H - Notification of cessation of securities
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Appendix 3H - Notification of cessation of securities

Part 3 - Issued capital following changes

Following the cessation of the +securities the subject of this notification, the issued capital of the entity will comprise:

The figures in parts 3.1 and 3.2 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.

3.1 Quoted +equity securities and +debt securities (total number of each +class of +securities quoted on ASX)

ASX +security code and description	Total number of +securities on issue
SRR : CHESS DEPOSITARY INTERESTS 1:1	362,457,687

3.2 Unquoted +equity securities (total number of each +class of +equity securities issued but not quoted on ASX)

ASX +security code and description	Total number of +securities on issue
SRRAN : OPTION EXPIRING 14-JUN-2026 EX $0.15	1,312,180
SRRAT : OPTION EXPIRING 02-APR-2028 EX $0.04	4,550,000
SRRAO : OPTION EXPIRING 21-JUN-2026 EX $0.15	1,812,820
SRRAR : OPTION EXPIRING 30-NOV-2028 EX $0.09	79,833,332
SRRAS : PERFORMANCE RIGHTS	11,550,000
SRRAQ : OPTION EXPIRING 05-DEC-2026 EX $0.05	7,500,000
SRRAB : ORDINARY FULLY PAID	100,612,834
SRRAP : OPTION EXPIRING 23-JUL-2027 EX $0.03	9,900,000
SRRAM : OPTION EXPIRING 20-APR-2026 EX $0.16	0

Note: the figures stated in the tables above are used to calculate the total market capitalisation of the entity published by ASX from time to time. The table will not include those classes of +securities that have ceased or lapsed in their entirety in ASX records before the announcement date described in Q1.5, even if the entity has advised ASX of a change to that class of +security in Part 2 of this form.

Appendix 3H - Notification of cessation of securities