SUN SILVER LIMITED — Major Shareholding Notification 2026

Mar 3, 2026

page 1/7 15 July 2001

604

Form 604 Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme SUN SILVER LIMITED

ACN/ARSN 665 307 433

1. Details of substantial holder (1)

Name Andrew Dornan ACN/ARSN (if applicable) N/A.

There was a change in the interests of the substantial holder on 20 February 2026 The previous notice was given to the company on 7 August 2025 The previous notice was dated 7 August 2025

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a

relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

		Previous notice	Previous notice		Present notice	Present notice
Class of securities (4)	Person’s votes		Votingpower(5)	Person’s votes		Votingpower(5)
Ordinary Shares	13,037,193		7.32%	17,037,193		9.26%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate 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	Nature of change (6)	Consideration given in	Class and number	Person’s votes
	relevant interest		relation to change (7)	of securities	affected
	changed			affected
20/02/2026	Mr Andrew Dornan as	Issue of shares upon	Nil	4,000,000 fully	4,000,000
	trustee for the Nanrod	exercise of vested		paid ordinary
	Holdings Trust.	performance rights for		shares
		nilconsideration.

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of relevantinterest	Registered holder ofsecurities	Person entitled to beregistered as holder (8)	Nature of relevant interest (6)	Class and number ofsecurities	Person’s votes
Andrew Dornan	Mr Andrew Dornan	Mr Andrew Dornan as	Relevant interest under section	16,630,000 fully paid	16,630,000
	as trustee for the	trustee for the Nanrod	608(1) of the Corporations Act being	ordinary shares
	Nanrod Holdings	Holdings Trust.	the registered holder
	Trust.
Andrew Dornan	Dornan Group Pty	Dornan Group Pty Ltd	Relevant interest under section	407,193 fully paid	407,193
	Ltd		608(3) of the Corporations Act as the	ordinary shares
			controller of the registered holder

604 page 2/7 15 July 2001

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) 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	Not applicable

6. Addresses

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

Name Address Andrew Dornan 1 Tully Road East Perth WA 6004

Signature

print name Andrew Dornan Capacity Substantial holder sign here Date 04/03/2026

604 page 3/7 15 July 2001

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 6 of the form.

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

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

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

• (5) The person’s votes divided by the total votes in the body corporate or scheme multiplied by 100.

• (6) 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.

• (7) 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 on 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.

• (8) If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write “unknown’”.

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