TALISMAN MINING LIMITED — Share Issue/Capital Change 2025

Apr 30, 2025

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

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Announcement Summary

Entity name

TALISMAN MINING LIMITED

Date of this announcement

Thursday May 01, 2025

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 Unlisted Director Incentive Options 2,269,900 30/04/2025 to be confirmed

Refer to next page for full details of the announcement

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

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Part 1 - Entity and announcement details

1.1 Name of entity

TALISMAN MINING LIMITED

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 71079536495

1.3 ASX issuer code

TLM

1.4 The announcement is

New announcement

1.5 Date of this announcement

1/5/2025

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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")

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

ASX +security codeNew class - code to be confirmed	+Security descriptionUnlisted Director Incentive Options
+Security type	ISIN code
Options

Date the +securities the subject of this notification were issued 30/4/2025

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? Yes

Provide details of the KMP or +associates being issued +securities.

Name of KMP	Name of registered holder	Number of +securities
Andrew Munckton	Metamorphic Investments Pty Ltd atfMunckton Family Trust	1,293,300
Kerry Kyriakos Harmanis	Kerry Kyriakos Harmanis	339,700
Jeremy Kirkwood	Como Group Holdings Pty Ltd <ComoAC>	212,300
Brian Dawes	Deborah Joy Dawes	212,300
Peter Benjamin	Peter Benjamin atf PASK Trust	212,300

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://announcements.asx.com.au/asxpdf/20250310/pdf/06gg3yrz79s8f4.pdf

Options Details

+Security currency AUD - Australian Dollar

Exercise price Expiry date AUD 0.33900000 30/4/2029

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

TLM : ORDINARY FULLY PAID

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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://announcements.asx.com.au/asxpdf/20250310/pdf/06gg3yrz79s8f4.pdf

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

Issue details

Number of +securities 2,269,900

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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
TLM : ORDINARY FULLY PAID	188,320,349
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
TLMAI : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	1,267,800
TLMAB : OPTION EXPIRING 15-DEC-2027 EX $0.264	2,773,900
TLMAE : OPTION EXPIRING 04-DEC-2028 EX $0.339	3,114,000
TLMAJ : OPTION EXPIRING 12-JAN-2026 EX $0.252	827,400
TLMAC : OPTION EXPIRING 31-OCT-2027 EX $0.25	1,250,000
TLMAD : OPTION EXPIRING 07-DEC-2027 EX $0.264	2,840,700
TLMAA : OPTION EXPIRING 15-DEC-2026 EX $0.201	1,838,800
New class - code to be confirmed : Unlisted Director Incentive Options	2,269,900

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

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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

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