TALGA GROUP LTD — Share Issue/Capital Change 2025

May 28, 2025

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

==> picture [21 x 22] intentionally omitted <==

Announcement Summary

Entity name

TALGA GROUP LTD

Date of this announcement

Thursday May 29, 2025

The +securities the subject of this notification are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX

Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
New class - code	Unquoted share options issued under a	8,210,756	29/05/2025
to be confirmed	Prospectus lodged with ASX 28/5/25

Refer to next page for full details of the announcement

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

1 / 6

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

==> picture [21 x 22] intentionally omitted <==

Part 1 - Entity and announcement details

1.1 Name of entity

TALGA GROUP LTD

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type Registration number ABN 32138405419

1.3 ASX issuer code

TLG

1.4 The announcement is

New announcement

1.5 Date of this announcement

29/5/2025

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

2 / 6

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

==> picture [21 x 22] intentionally omitted <==

Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX

Previous Appendix 3B details:

Announcement Date and	Announcement Title	Selected Appendix 3B to submit quotation
Time		request
21-May-2025 09:34	New - Proposed issue of securities -	A placement or other type of issue
	TLG

2.3a.2 Are there any further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B?

Yes

2.3a.3 Please provide details of the further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B

Shareholder approval will be required at a shareholders meeting (proposed to be held on 27 June 2025) to approve participation by Directors in the placement for 367,728 ordinary shares and 122,576 unlisted attaching options.

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

3 / 6

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

==> picture [21 x 22] intentionally omitted <==

Part 3A - number and type of +securities the subject of this notification (existing class or new class) where issue has previously been notified to ASX in an Appendix 3B

Placement Details

ASX +security code and description new unquoted class of security Date the +securities the subject of this notification were issued 29/5/2025

Any other information the entity wishes to provide about the +securities the subject of this notification Issued under Prospectus lodged with ASX 28 May 2025

Issue details

Number of +securities 8,210,756 Were the +securities issued for a cash consideration? No Please describe the consideration being provided for the +securities Nil

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

4 / 6

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

==> picture [21 x 22] intentionally omitted <==

Part 3C - number and type of +securities the subject of this notification (new class)

ASX +security code		+Security description
New class - code to be confirmed		Unquoted share options issued under a Prospectus lodged with ASX 28/5/25
+Security type		ISIN code
Options
Date the +securities the subject of this notification were		issued
29/5/2025
Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes
Have you received confirmation from	ASX that the terms of the +securities are appropriate and equitable under
listing rule 6.1?
No
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being
issued. https://www.talgagroup.com/investors/
Options Details
+Security currency	Exercise price	Expiry date
AUD - Australian Dollar	AUD 0.58000000	29/5/2027
Details of the existing class of +security that will be issued upon exercise or conversion of this new class of
company option
TLG : ORDINARY FULLY PAID

Any other information the entity wishes to provide about the +securities the subject of this notification

Issue details

Number of +securities

8,210,756

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

5 / 6

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

==> picture [21 x 22] intentionally omitted <==

Part 4 - +Securities on issue

Following the issue, conversion or payment up of the +securities the subject of this notification, the +securities of the entity will comprise:

The figures in parts 4.1 and 4.2 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.

4.1 Quoted +securities (Total number of each +class of +securities issued and quoted on ASX)

	Total number of
ASX +security code and description	+securities on issue
TLG : ORDINARY FULLY PAID	429,900,754

4.2 Unquoted +securities (Total number of each +class of +securities issued but not quoted on ASX)

	Total number of
ASX +security code and description	+securities on issue
TLGAX : PERFORMANCE RIGHTS	1,333,000
TLGAZ : OPTION EXPIRING 13-SEP-2025 EX$0.55	53,292,016
TLGAC : SHARE PERFORMANCE RIGHTS ESIS	275,200
New class - code to be confirmed : Unquoted share options issued under a Prospectus	8,210,756
lodged with ASX 28/5/25

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

6 / 6