SIMS LIMITED — Director's Dealing 2025

Sep 1, 2025

2 September 2025

The Manager Market Announcements Office ASX Limited Level 4, Bridge Street SYDNEY NSW 2000 Sims Limited

(ASX: SGM) - APPENDIX 3Y

Dear Sir/Madam,

Attached is an Appendix 3Y Change in Director’s Interest Notice for Stephen Mikkelsen.

Yours Sincerely,

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Gretchen Johanns Company Secretary

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 SIMS LIMITED ABN 69 114 838 630

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	STEPHEN MIKKELSEN
Date of last notice	7 May 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

• See chapter 19 for defined terms.

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Appendix 3Y Page 1

Appendix 3Y

Change of Director’s Interest Notice

Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	The ordinary shares acquired are held for the benefit of Mr Mikkelsen by the registered holder HSBC Custody Nominees (Australia) Limited – A/C 2 on behalf of Morgan Stanley Smith Barney LLC, which company provides services in connection with the entity’s global employee share plan.
Date of change	29 August 2025

• See chapter 19 for defined terms.

Appendix 3Y Page 2

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Appendix 3Y

Change of Director’s Interest Notice

No. of securities held prior to change		Direct Interest 4,600 ordinary shares 417,698 Performance Rights Indirect Interest 134,522 ordinary shares Includes 16,599 ordinary shares that are subject to a holding period (11,316 ordinary shares are released on 31/8/2025 and 5,283 ordinary shares are released on 31/8/2026).
Class		(1) Performance Rights (2) Ordinary Shares

• See chapter 19 for defined terms.

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Appendix 3Y

Change of Director’s Interest Notice

Number acquired	(1) 26,781 Ordinary Shares following the vesting of Strategic Performance Rights.
Number disposed	(1) 26,781 Strategic Performance Rights vested (2) 47,610 Performance Rights (6,695 Strategic Performance Rights, 16,366 TSR Performance Rights, and 24,549 ROPA Rights) were forfeited and cancelled.
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Ordinary shares received following the vesting of Strategic Performance Rights were valued at an average price of $14.23 per share.

• See chapter 19 for defined terms.

Appendix 3Y Page 4

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Appendix 3Y

Change of Director’s Interest Notice

No. of securities held after change		Direct Interest 4,600 Ordinary Shares 343,307 Performance Rights Indirect Interest 161,303 Ordinary Shares Includes 5,283 ordinary shares that are subject to a holding period until 31/8/2026.

• See chapter 19 for defined terms.

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Appendix 3Y

Change of Director’s Interest Notice

	Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	(1) Acquisition of 26,781 Ordinary Shares following the partial vesting of Strategic Performance Rights. (2) Forfeiture and subsequent cancellation of 47,610 Performance Rights due to non-vesting of Performance Rights under the SimsMM Plan

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

• See chapter 19 for defined terms.

Appendix 3Y Page 6

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Appendix 3Y

Change of Director’s Interest Notice

Nature of interest Name of registered holder (if issued securities) Date of change 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 Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

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?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?
If prior written clearance was provided, on what date was this provided?

• See chapter 19 for defined terms.

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Appendix 3Y

Change of Director’s Interest Notice

• See chapter 19 for defined terms.

Appendix 3Y Page 8

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