SUNSTONE METALS LTD — Share Issue/Capital Change 2026

Jan 21, 2026

Appendix 3A.3 - Notification of security consolidation or split

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Announcement Summary

Entity name

SUNSTONE METALS LTD

Applicable security for the reorganisation

STM ORDINARY FULLY PAID STMAS PERFORMANCE RIGHTS STMAL OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES

Announcement Type

New Announcement

Date of this announcement

22/1/2026

Reorganisation type

Security consolidation

Trading in the post consolidation or split +securities commences on a deferred settlement basis 25/2/2026

Record Date

26/2/2026

Issue Date

5/3/2026

Refer to below for full details of the announcement

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Appendix 3A.3 - Notification of security consolidation or split

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Announcement Details

Part 1 - Entity and announcement details

1.1 Name of +Entity SUNSTONE METALS LTD 1.2 Registered Number Type Registration Number ABN 68123184412 1.3 ASX issuer code STM 1.4 The announcement is New announcement 1.5 Date of this announcement 22/1/2026 1.6 Securities affected by the consolidation or split ASX +Security Code ASX +Security Description STM ORDINARY FULLY PAID STMAS PERFORMANCE RIGHTS STMAL OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES

Part 2 - Approvals

• 2.1 Are any of the below approvals required for the consolidation or split before business day 0 of the timetable? Security holder approval Court approval Lodgement of court order with +ASIC ACCC approval FIRB approval

• Another approval/condition external to the entity required to be given/met before business day 0 of the timetable for the consolidation or split.

Yes

2.2 Approvals

2.2 Approvals
Approval/Condition	Date for determination	Is the date estimated or	Approval
+Security holder approval	23/2/2026	actual?	received/condition met?
		Actual

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Comments

The share consolidation is subject to shareholder approval on 23 February 2026 (refer ASX announcement dated 22 January 2026)

Part 3 - Consolidation or split timetable and details

3.1 +Record date

26/2/2026 3.2 Date of +security holder meeting 23/2/2026 3.2a Effective date of consolidation or split 23/2/2026 3.3 Last day for trading in the pre consolidation or split +securities 24/2/2026

3.4 Trading in the post consolidation or split +securities commences on a deferred settlement basis. 25/2/2026 3.5 Record date 26/2/2026 3.6 First day for entity to update its register and to send holding statements to +security holders reflecting the change in the number of +securities they hold. 27/2/2026 3.7 Last day for entity to update its register and send holding statements to +security holders reflecting the change in the number of +securities they hold and to notify ASX that this has occurred. (+Issue Date) 5/3/2026

3.8 Trading starts on a normal T+2 basis

6/3/2026

3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis 10/3/2026

Part 4 - Event type and details

4.1 The event is

+Security consolidation

4.1a Consolidation ratio: the +securities will be consolidated on the basis that every

30

(pre-consolidation) +securities will be consolidated into

1

(post-consolidation) +security (/ies).

4.2 Scrip fraction rounding

Fractions rounded up to the next whole number

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Part 5 - +Securities on issue before and after consolidation or split

5.1 +Securities on issue before and after the consolidation or split

ASX +Security Code	ASX +Security Description
STM	ORDINARY FULLY PAID
Quoted/unquoted	Number on issue pre	Number on issue post		Estimate/Actual
Quoted	consolidation or split	consolidation or split		Estimated
	6,790,477,298	226,349,243
ASX +Security Code	ASX +Security Description
STMAS	PERFORMANCE RIGHTS
Quoted/unquoted	Number on issue pre	Number on issue post		Estimate/Actual
Unquoted	consolidation or split	consolidation or split		Estimated
	264,360,544	8,812,018
ASX +Security Code	ASX +Security Description
STMAL	OPTION EXPIRING VARIOUS	DATES EX VARIOUS PRICES
Quoted/unquoted	Number on issue pre	Number on issue post		Estimate/Actual
Unquoted	consolidation or split	consolidation or split		Estimated
	271,768,443	9,058,948
5.2 Exercise price of options
ASX +Security Code	ASX +Security Description
STMAS	PERFORMANCE RIGHTS
Quoted/unquoted	Exercise price pre consolidation or		Exercise price post consolidation or
Unquoted	split		split
	0.00000000		0.00000000
ASX +Security Code	ASX +Security Description
STMAL	OPTION EXPIRING VARIOUS	DATES EX VARIOUS PRICES
Quoted/unquoted	Exercise price pre consolidation or		Exercise price post consolidation or
Unquoted	split		split
	0.00000000		0.22500000

Part 6 - Further information

6.1 Further information relating to the consolidation or split

Refer Notice of Meeting and ASX announcement dated 22 January 2026

6.2 Additional information for inclusion in the Announcement Summary

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