TALGA GROUP LTD — Share Issue/Capital Change 2026

Jan 13, 2026

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

Wednesday January 14, 2026

The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that 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 performance rights under the	500,000	13/01/2026
to be confirmed	Employee Securities Incentive Scheme (ESIS)

Refer to next page for full details of the announcement

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

1 / 7

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

14/1/2026

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

2 / 7

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:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

does not have an existing ASX security code ("new class")

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

3 / 7

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 performance rights under the Employee Securities Incentive Scheme (ESIS) +Security type ISIN code Options Date the +securities the subject of this notification were issued 13/1/2026 Will all the +securities issued in this class rank equally in all respects from their issue date? Yes Were any of the +securities issued to +key management personnel (KMP) or an +associate? No 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.

The securities are part of a remuneration package approved by the Board in the ordinary course of business remuneration. Each performance right is an entitlement to receive one fully paid share in Talga Group Ltd (ASX code TLG) after the 13 Jan 2028 vesting date and before expiring on 13 Jul 2028. A further summary of the material terms of the securities being issued under the ESIS is included in the 2025 Notice of Annual General Meeting Explanatory Memorandum (Notice). A copy of the Notice is available at https://talgagroup.eu-central-.lino deobjects.com/app/uploads/2025/10/22113707/2969564.pdf

Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.00000000 13/7/2028

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

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms

https://talgagroup.eu-central-.linodeobjects.com/app/uploads/2025/10/22113707/2969564.pdf

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

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

4 / 7

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

Issue details

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

Number of +securities

500,000

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

5 / 7

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	492,682,912

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
TLGAD : OPTION EXPIRING 29-MAY-2027 EX $0.58	8,333,331
TLGAE : OPTION EXPIRING 31-OCT-2028 EX $1.00	2,000,000
TLGAF : OPTION EXPIRING 21-NOV-2028 EX $1.00	4,460,000
New class - code to be confirmed : Unquoted share performance rights under the Employee	500,000
Securities Incentive Scheme (ESIS)

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

6 / 7

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

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

Part 5 - Other Listing Rule requirements

5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

13

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

7 / 7