THOR ENERGY PLC — Share Issue/Capital Change 2025

Feb 5, 2025

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

Announcement Summary

Entity name
THOR ENERGY PLC

Date of this announcement
Thursday February 06, 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

ASX +security code	Security description	Total number of +securities to be issued/transferred	Issue date
New class - code to be confirmed	Unquoted options exercisable at A$0.03 each expiring 5 February 2027	15,000,000	05/02/2025
New class - code to be confirmed	Unquoted options exercisable at A$0.05 each expiring 5 February 2028	15,000,000	05/02/2025
New class - code to be confirmed	Unquoted options exercisable at A$0.07 each expiring 5 February 2029	15,000,000	05/02/2025

Refer to next page for full details of the announcement

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

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

Part 1 - Entity and announcement details

1.1 Name of entity
THOR ENERGY PLC

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
ARBN
121117673

1.3 ASX issuer code
THR

1.4 The announcement is
New announcement

1.5 Date of this announcement
6/2/2025

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

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

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 Time	Announcement Title	Selected Appendix 3B to submit quotation request
05-Feb-2025 10:01	New - Proposed issue of securities - THR	A placement or other type of issue

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?
No

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

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

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

• 5/2/2025

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

Issue details

• Number of +securities

• 15,000,000

• Were the +securities issued for a cash consideration?

• No

• Please describe the consideration being provided for the +securities

• Not applicable. Incentive securities. Refer to announcement dated 5 February 2025.

• ASX +security code and description

• new unquoted class of security

• Date the +securities the subject of this notification were issued

• 5/2/2025

• 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

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

Issue details

Number of +securities
15,000,000

Were the +securities issued for a cash consideration?
No

Please describe the consideration being provided for the +securities
Not applicable. Incentive securities. Refer to announcement dated 5 February 2025.

ASX +security code and description
new unquoted class of security

Date the +securities the subject of this notification were issued
5/2/2025

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

Issue details

Number of +securities
15,000,000

Were the +securities issued for a cash consideration?
No

Please describe the consideration being provided for the +securities
Not applicable. Incentive securities. Refer to announcement dated 5 February 2025.

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

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

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 options exercisable at A$0.03 each expiring 5 February 2027
+Security type	ISIN code
Options

Date the +securities the subject of this notification were issued
5/2/2025

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://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02909714-2A1576466

Options Details

+Security currency	Exercise price	Expiry date
AUD - Australian Dollar	AUD 0.03000000	5/2/2027

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option
THR : CHESS DEPOSITARY INTERESTS 1:1

Any other information the entity wishes to provide about the +securities the subject of this notification
Options to be issued in accordance with Listing Rule 10.12 exception 12.

Issue details

Number of +securities
15,000,000

ASX +security code	+Security description
New class - code to be confirmed	Unquoted options exercisable at A$0.05 each expiring 5 February 2028

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

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

+Security type
ISIN code
Options

Date the +securities the subject of this notification were issued
5/2/2025

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://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02909714-2A1576466

Options Details

+Security currency
Exercise price
Expiry date
AUD - Australian Dollar
AUD 0.05000000
5/2/2028

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option
THR : CHESS DEPOSITARY INTERESTS 1:1

Any other information the entity wishes to provide about the +securities the subject of this notification
Options to be issued in accordance with Listing Rule 10.12 exception 12.

Issue details

Number of +securities
15,000,000

ASX +security code	+Security description
New class - code to be confirmed	Unquoted options exercisable at A$0.07 each expiring 5 February 2029
+Security type	ISIN code
Options

Date the +securities the subject of this notification were issued
5/2/2025

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

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

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued.

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02909714-2A1576466

Options Details

+Security currency	Exercise price	Expiry date
AUD - Australian Dollar	AUD 0.07000000	5/2/2029

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

THR : CHESS DEPOSITARY INTERESTS 1:1

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

Options to be issued in accordance with Listing Rule 10.12 exception 12.

Issue details

Number of +securities

15,000,000

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

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

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)

ASX +security code and description	Total number of +securities on issue
THR : CHESS DEPOSITARY INTERESTS 1:1	268,290,341

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

ASX +security code and description	Total number of +securities on issue
THRAB : PERFORMANCE SHARES	50,000,000
THRAK : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	6,725,000
THRAW : OPTION EXPIRING 12-MAY-2025 EX $0.25	1,440,000
THRAM : ORDINARY FULLY PAID	243,653,043
THRAZ : OPTION EXPIRING 27-JUN-2027 EX $0.026	70,000,000
THRAY : OPTION EXPIRING 03-NOV-2028 EX $0.30	18,518,520
THRAA : PERFORMANCE RIGHTS	1,000,000
New class - code to be confirmed : Unquoted options exercisable at A$0.03 each expiring 5 February 2027	15,000,000
New class - code to be confirmed : Unquoted options exercisable at A$0.05 each expiring 5 February 2028	15,000,000
New class - code to be confirmed : Unquoted options exercisable at A$0.07 each expiring 5 February 2029	15,000,000

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