TESORO GOLD LTD — Director's Dealing 2025

Nov 9, 2025

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity	Tesoro Gold Limited
ABN	91 106 854 175

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Mark Connelly
Date of last notice	16 December 2024

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Nil
Date of change	10 November 2025
No. of securities held prior to change	Performance Rights subject to performance-based vesting conditions as set out in Notice of Meeting dated 29 October 2024 and expiring 16 December 2029: • 3,750,000 Class F Performance Rights • 3,750,000 Class G Performance Rights • 3,750,000 Class H Performance Rights
Class	Fully Paid Ordinary Shares Class F Performance Rights
Number acquired	3,750,000 Fully Paid Ordinary Shares
Number disposed	3,750,000 Class F Performance Rights
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil cash consideration. Estimated value of $.058 per Share (based on current market price)

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	3,750,000 Fully Paid Ordinary Shares 3,750,000 Class G Performance Rights1 3,750,000 Class H Performance Rights1 1. Performance Rights subject to performance-based vesting conditions as set out in Notice of Meeting dated 29 October 2024 and expiring16 December 2029.
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Exercise of Class F Performance Rights to Fully Paid Ordinary Shares, following achievement of vesting condition.

Part 2 – Change of director’s interests in contract

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
Date of change	N/A
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	No.
If so, was prior written clearance provided to allow the trade toproceed during thisperiod?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity Tesoro Gold Limited ABN 91 106 854 175

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Geoffrey William McNamara
Date of last notice	28 February 2025

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Tanamera Resources Pte Ltd* ***Geoffrey McNamara is the sole director and shareholder of Tanamera Resources Pte Ltd.
Date of change	10 November 2025
No. of securities held prior to change	Indirect 34,470,918 Fully Paid Ordinary Shares1 Performance Rights subject to performance-based vesting conditions as set out in Notice of Meeting dated 29 October 2024 and expiring 12 December 20291: • 3,750,000 Class F Performance Rights1 • 3,750,000 Class G Performance Rights1 • 3,750,000 Class H Performance Rights1 1Held by Tanamera Resources Pte Ltd (a company registered in Singapore). Geoffrey McNamara is the sole director and shareholder of Tanamera Resources Pte Ltd.
Class	Fully Paid Ordinary Shares Class F Performance Rights
Number acquired	3,750,000 Fully Paid Ordinary Shares
Number disposed	3,750,000 Class F Performance Rights

• See chapter 19 for defined terms.

Appendix 3Y Page 1

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil cash consideration. Estimated value of $.058 per Share (based on current market price)
No. of securities held after change	Indirect 38,220,918 Fully Paid Ordinary Shares1 Performance Rights subject to performance-based vesting conditions as set out in Notice of Meeting dated 29 October 2024 and expiring 12 December 2029: • 3,750,000 Class G Performance Rights • 3,750,000 Class H Performance Rights 1Held by Tanamera Resources Pte Ltd (a company registered in Singapore). Geoffrey McNamara is the sole director and shareholder of Tanamera Resources Pte Ltd.
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Exercise of Class F Performance Rights to Fully Paid Ordinary Shares, following achievement of vesting condition.

Part 2 – Change of director’s interests in contract

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
Date of change	N/A
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

art 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade toproceed during thisperiod?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 3

01/01/2011