STELLAR RESOURCES LIMITED — Major Shareholding Notification 2026

May 13, 2026

605 Page 1 of 2 15 July 2001

Form 605

Corporations Act 2001

Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme
Stellar Resources Limited (ASX:SRZ)

ACN/ARSN
108 758 961

1. Details of substantial holder (1)

Name
Marford Pty Ltd

ACN/ARSN (if applicable)
008 940 430

The holder ceased to be a substantial holder on
14/05/2026

The previous notice was given to the company on
02/05/2025

The previous notice was dated
02/05/2025

1. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of change	Person whose relevant interest changed	Nature of change (4)	Consideration given in relation to change (5)	Class (6) and number of securities affected	Person's votes affected
14/05/26	Marford Pty Ltd	Dilution from strategic placement to Metals X	NIL	154,183,366	154,183,366
		See Appendix A			(dilution from 5.57% to 4.56%)

1. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable)	Nature of association
Not applicable

1. Addresses

The addresses of persons named in this form are as follows:

Name	Address
Marford Pty Ltd	PO Box 474, Subiaco PO WA 6904

Signature

print name
Rodney Hansen
capacity
Director

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605 Page 2 of 2 15 July 2001

sign here

date 14/05/2026

DIRECTIONS

(1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 4 of the form.

(2) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.

(3) See the definition of "associate" in section 9 of the Corporations Act 2001.

(4) Include details of:

(a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and

(b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

(5) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

(6) The voting shares of a company constitute one class unless divided into separate classes.

(7) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

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Appendix A

Date of acquisition	Consideration (cash)	Class	Number of securities
06-Aug-25	$38,438.87	Fully paid ordinary shares	2,196,507
07-Aug-25	$6,729.40	Fully paid ordinary shares	384,537
08-Aug-25	$3,811.66	Fully paid ordinary shares	217,809
11-Aug-25	$570.76	Fully paid ordinary shares	32,615
12-Aug-25	$437.50	Fully paid ordinary shares	25,000
21-Aug-25	$11,197.03	Fully paid ordinary shares	639,830
24-Aug-25	$44,365.97	Fully paid ordinary shares	2,535,198
09-Sep-25	$66,287.03	Fully paid ordinary shares	3,318,998
10-Sep-25	$144.66	Fully paid ordinary shares	7,233
11-Sep-25	$287.84	Fully paid ordinary shares	14,392
12-Sep-25	$4,136.44	Fully paid ordinary shares	206,822
15-Sep-25	$161.32	Fully paid ordinary shares	8,066
13-Nov-25	$500,000.00	Fully paid ordinary shares	22,727,273
01-May-26	$200,000.00	Fully paid ordinary shares	6,060,606
14/05/2025	Marford Pty Ltd - Holding diluted from 5.57% to 4.56% due to Strategic Placement to Metals X (ASX: MLX)