TIVAN LIMITED — AGM Information 2025

Nov 5, 2025

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6 November 2025

Annual General Meeting – Supplementary Notice of Meeting

Dear Shareholder,

Tivan Limited (ASX: TVN) (“Tivan” or the “Company”) refers to its letter to Shareholders and notice of annual general meeting and explanatory memorandum released to the ASX on 20 October 2025 (“Original Notice”) in respect of its Annual General Meeting (“Meeting”) to be held at The Butler Lane, 2-6 Shelley St, Richmond VIC 3121 on Thursday, 20 November 2025 at 4.30pm (AEDT).

The Company wishes to advise Shareholders of a supplementary notice of annual general meeting and explanatory memorandum (“Supplementary Notice”). These documents, together with the Original Notice, are available to be viewed and downloaded from the Company’s website at https://tivan.com.au/investors/general-meetings/ or ASX at https://www2.asx.com.au/markets/company/tvn. The Supplementary Notice should be read together with the Original Notice.

The Company confirms that, other than as set out in the Supplementary Notice, all details in relation to the Meeting remain unchanged, and there is no change to the time or place of the Meeting.

Shareholders who have nominated an email address and have elected to receive electronic communications from the Company, will receive an email to their nominated email address with a link to an electronic copy of the Supplementary Notice. In accordance with sections 110C-110K the Corporations Act, as amended by the Corporations Amendment (Meetings and Documents) Act 2022 (Cth), no hard copy of the Supplementary Notice will be circulated, unless a Shareholder has requested a hard copy.

If you have already submitted a proxy vote and you wish to vote on the additional Resolutions 11 and 12, please submit a replacement proxy vote, using any of the methods set out in the Original Notice, by 4.30 pm (AEDT) on Tuesday, 18 November 2025.

If you submit a replacement proxy vote, it will replace and supersede any earlier proxy vote that has already been provided to the Company. If you have already submitted a proxy vote and you do not submit a replacement proxy vote, your earlier proxy vote will remain valid (but it will not include any direction to your proxy as to how to vote on additional Resolutions 11 and 12).

The Company strongly encourages shareholders to lodge a directed proxy form prior to the meeting. Shareholders can lodge their vote by going to www.investorvote.com.au and logging in with your details, which you can find on your enclosed replacement proxy form. Shareholders are also encouraged to provide an email address in order to receive electronic communication from the Company in the future.

The Original Notice and Supplementary Notice are important and should be read in their entirety. If you are in doubt as to the course of action you should follow, you should consult your financial adviser, lawyer, accountant or other professional adviser.

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If you have any difficulties obtaining a copy of the Original Notice or Supplementary Notice, please contact the Company’s share registry, Computershare, on 1300 850 505 (within Australia) or +61 3 9415 4000 (overseas).

This announcement has been approved for release by the Company Secretary.

Inquiries:

Nicholas Ong

Company Secretary: + 61 8 9486 4036 Email: nicholas.ong@tivan.com.au

Elena Madden

True North Strategic Communication (Darwin): + 61 8 8981 6445 Email: elena@truenorthcomm.com.au

Ends

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TIVAN LIMITED ABN 12 000 817 023

SUPPLEMENTARY NOTICE OF ANNUAL GENERAL MEETING

Notice was given dated 20 October 2025 that the Annual General Meeting of Shareholders of Tivan Limited ABN 12 000 817 023 will be held at The Butler Lane, 2-6 Shelley Street, Richmond VIC 3121 on Thursday, 20 November 2025 at 4:30pm (AEDT).

This notice and explanatory memorandum ( Supplementary Notice ) is supplemental to, and should be read with, the Notice of Meeting and Explanatory Memorandum which was given on 20 October 2025 ( Original Notice ). This Supplementary Notice sets out additional Resolutions which will be proposed at the Meeting. Other than as set out below, all details in relation to the Original Notice remain unchanged.

Important : The Resolutions set out in this Supplementary Notice should be read together with the Original Notice.

Unless otherwise indicated, the terms defined and used in the Original Notice have the same meaning in this Supplementary Notice.

AGENDA

11 Resolution 11 – Approval to amend the Class A FY2024 Options Terms

To consider and, if thought fit, to pass to the following resolution as an ordinary resolution :

“That approval be given, subject to the Class A FY2024 Options vesting, for the purposes of section 195(4) of the Corporations Act and Listing Rule 6.23 and for all other purposes, to amend the terms of the Class A FY2024 Options as described in the Supplementary Explanatory Memorandum.”

Voting exclusion statement: The Company will disregard any votes cast in favour of the Resolution by or on behalf of:

• (a) a person who holds a Class A FY2024 Option; or

• (b) an Associate of those persons.

However, this does not apply to a vote cast in favour of the Resolution by:

• (a) a person as proxy or attorney for a person who is entitled to vote on the Resolution, in accordance with the directions given to the proxy or attorney to vote on the Resolution in that way; or

• (b) the Chair of the Meeting as proxy or attorney for a person who is entitled to vote on the Resolution, in accordance with a direction given to the Chair to vote on the Resolution as the Chair decides; or

• (c) a holder acting solely in a nominee, trustee, custodial or other fiduciary capacity on behalf of a beneficiary provided the following conditions are met:

• (i) the beneficiary provides written confirmation to the holder that the beneficiary is not excluded from voting, and is not an Associate of a person excluded from voting, on the Resolution; and

• (ii) the holder votes on the Resolution in accordance with directions given by the beneficiary to the holder to vote in that way.

Further, a Restricted Voter who is appointed as a proxy will not vote on the Resolution unless:

• (a) the appointment specifies the way the proxy is to vote on the Resolution; or

• (b) the proxy is the Chair of the Meeting and the appointment expressly authorises the Chair to exercise the proxy even though the Resolution is connected directly or indirectly with the remuneration of a member of the Key Management Personnel. Shareholders should note that the Chair intends to vote any undirected proxies in favour of the Resolution.

Shareholders may also choose to direct the Chair to vote against the Resolution or to abstain from voting.

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If any of the persons named above purport to cast a vote other than as permitted above, that vote will be disregarded by the Company (as indicated above) and those persons may be liable for breaching the voting restrictions that apply to them under the Corporations Act.

12 Resolution 12 – Approval to amend the Class A Wilson Options Terms

To consider and, if thought fit, to pass to the following resolution as an ordinary resolution :

“That approval be given, for the purposes of Listing Rule 6.23 and for all other purposes, to amend the terms of the Class A Wilson Options as described in the Supplementary Explanatory Memorandum.”

Voting	exclusion statement:The Company will disregard any votes cast in favour of the Resolution by or on behalf of:
(a)	a person who holds a Class A Wilson Option (being Mr Grant Wilson or his nominee(s)); or
(b)	an Associate of those persons.
However, this does not apply to a vote cast in favour of the Resolution by:
(a)	a person as proxy or attorney for a person who is entitled to vote on the Resolution, in accordance with the directions
	given to the proxy or attorney to vote on the Resolution in that way; or
(b)	the Chair of the Meeting as proxy or attorney for a person who is entitled to vote on the Resolution, in accordance
	with a direction given to the Chair to vote on the Resolution as the Chair decides; or
(c)	a holder acting solely in a nominee, trustee, custodial or other fiduciary capacity on behalf of a beneficiary provided
	the following conditions are met:
	(i) the beneficiary provides written confirmation to the holder that the beneficiary is not excluded from voting,
	and is not an Associate of a person excluded from voting, on the Resolution; and
	(ii) the holder votes on the Resolution in accordance with directions given by the beneficiary to the holder to vote
	in that way.
Further, a Restricted Voter who is appointed as a proxy will not vote on the Resolution unless:
(a)	the appointment specifies the way the proxy is to vote on the Resolution; or
(b)	the proxy is the Chair of the Meeting and the appointment expressly authorises the Chair to exercise the proxy
	even though the Resolution is connected directly or indirectly with the remuneration of a member of the Key
	Management Personnel. Shareholders should note that the Chair intends to vote any undirected proxies in favour
	of the Resolution.
Shareholders may also choose to direct the Chair to vote against the Resolution or to abstain from voting.
If any of the persons named above purport to cast a vote other than as permitted above, that vote will be disregarded by the
Company (as indicated above) and those persons may be liable for breaching the voting restrictions that apply to them
under the Corporations Act.

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Proxies

A replacement Proxy Form accompanies this Supplementary Notice. If you use this Proxy Form, it will replace and supersede any earlier Proxy Form that has already been provided to the Company. If you wish to direct your proxy how to vote, you should include a direction in relation to each Resolution that you would like to direct your proxy on (including the Resolutions that you directed your proxy how to vote on in any Proxy Form previously delivered to the Company). If you have already delivered a valid Proxy Form to the Company, and do not deliver a replacement Proxy Form to the Company, your earlier Proxy Form will remain valid (but it will not include any direction to your proxy as to how to vote on Resolutions 11 and 12). Replacement proxies may be lodged using any of the methods set out in the Original Notice.

Proxies must be received by no later than 4:30pm (AEDT) on Tuesday, 18 November 2025.

By order of the Board

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Nicholas Ong

Company Secretary Dated: 6 November 2025

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SUPPLEMENTARY EXPLANATORY MEMORANDUM

The Company wishes to add the following to the Explanatory Memorandum attached to its Original Notice pertaining to the additional Resolutions the subject of this Supplementary Notice:

• 8 Resolutions 11 and 12 – Approval to amend the terms of the Class A FY2024 Options and Class A Wilson Options

8.1 Background

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On 22 November 2023, following Shareholder approval at the Company’s 2023 AGM, the Company issued:

• 6,333,331 Options, each with an exercise price of $0.30 and expiring on 30 June 2026, to Eligible Employees (including non-executive Directors Ms Christine Charles, Dr Anthony Robinson and Dr Guy Debelle (or their respective nominee(s))) under the version of the Awards Plan approved at the Company’s 2023 AGM ( Class A FY2024 Options ); and

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• 10,000,000 Options, each with an exercise price of $0.30 and expiring on 30 June 2026, to Mr Grant Wilson or his nominee(s) ( Class A Wilson Options ).

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The existing terms of the Class A FY2024 Options and the Class A Wilson Options are set out in Annexures A and B to this Supplementary Explanatory Memorandum respectively.

These terms include that the Class A FY2024 Options will vest on 31 December 2025, “subject to the offeree remaining employed or engaged by the Company from issue until the vesting date, unless the Board determines otherwise”. The Class A Wilson Options are not subject to any vesting conditions. The Class A FY2024 Options and Class A Wilson Options are otherwise on the same terms.

The Company also has quoted Options on issue, each with an exercise price of $0.30 and expiring on 30 June 2026, under ASX security code “TVNO” ( Quoted Options ).

The Company is seeking Shareholder approval in respect of the Class A FY2024 Options and Class A Wilson Options so that (and in respect of the Class A FY2024 Options, subject to their vesting) the Company is authorised to amend the terms of the relevant Options to reflect the terms of the Quoted Options and to apply to ASX for official quotation of those Options. There is no guarantee that ASX will grant quotation of those Options or whether ASX will impose any conditions on quotation.

Resolution 11 is conditional on the Class A FY2024 Options vesting. Accordingly, Resolution 11 will be of no effect in respect of a Class A FY2024 Option if and to the extent that Class A FY2024 Option does not vest.

The Company has applied to ASIC for a declaration that the on-sale restrictions in the Corporations Act be modified to facilitate the on-sale of Shares issued on the exercise of Class A FY2024 Options and Class A Wilson Options following quotation. There is no guarantee that ASIC will make a declaration on the terms sought, or at all. If the declaration is not granted, the Company intends, subject to compliance with applicable laws and the Listing Rules, to issue cleansing notices under section 708A(5)(e) of the Corporations Act to facilitate the on-sale of Shares issued on the exercise of the Options.

8.2 Listing Rule 6.23.4

Listing Rule 6.23.4 provides that a change to the terms of an option which is not prohibited under Listing Rule 6.23.3 can only be made if shareholders approve the change.

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Listing Rule 6.23.3 prohibits a change to the terms of an option which has the effect of reducing the exercise price, increasing the period for exercise or increasing the number of securities received on exercise.

The proposed amendments to the terms of the Class A FY2024 Options and Class A Wilson Options do not constitute a change prohibited by Listing Rule 6.23.3.

8.3 Section 195(4) of the Corporations Act

Section 195(1) of the Corporations Act essentially provides that a director of a public company may not vote or be present during meetings of directors when matters in which that director holds a “material personal interest” are being considered.

If there is not a quorum of directors who are eligible to vote on a matter because of the operation of section 195(1) of the Corporations Act, one or more directors may call a general meeting and the general meeting may deal with the matter.

Given that all current non-executive Directors hold Class A FY2024 Options, they may be considered to have a material personal interest in the outcome of Resolution 11, in which case the Directors would be unable to form a quorum. Accordingly, the Board considers it prudent to exercise their right under section 195(4) of the Corporations Act and put Resolution 11 to Shareholders to resolve.

8.4 Consequences of passing Resolutions 11 and 12

If Resolution 11 is passed, subject to the Class A FY2024 Options vesting, the Company will be authorised to amend the terms of the Class A FY2024 Options to reflect the terms of the Quoted Options and to apply to ASX for official quotation of the Class A FY2024 Options in the same class as the Quoted Options. If Resolution 11 is not passed, the Company will not be authorised to amend the terms of the Class A FY2024 Options in the manner proposed, and the Class A FY2024 Options will remain unquoted.

If Resolution 12 is passed, the Company will be authorised to amend the terms of the Class A Wilson Options to reflect the terms of the Quoted Options and to apply to ASX for official quotation of the Class A Wilson Options in the same class as the Quoted Options. If Resolution 12 is not passed, the Company will not be authorised to amend the terms of the Class A Wilson Options in the manner proposed, and the Class A Wilson Options will remain unquoted.

It may be that the terms of the Class A FY2024 Options and the Class A Wilson Options are amended at different times.

8.5 Proposed amendments

The proposed amendments to the terms of the Class A FY2024 Options and Class A Wilson Options are to amend their terms to reflect the terms of the Quoted Options, as set out in Annexure C to this Supplementary Explanatory Memorandum. The key changes introduced by those amendments are that (in respect of the Class A FY2024 Options, subject to their vesting):

• (a) the Company will apply for quotation of the Options on ASX (whereas the Class A FY2024 Options and Class A Wilson Options are currently unquoted); and

• (b) the Options will be freely transferable, subject to any restriction or escrow arrangements imposed by ASX or under Australian securities laws (whereas the Class A FY2024 Options and Class A Wilson Options are currently not transferable, except in limited circumstances on the death of the offeree or with the prior consent of the Board).

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GLOSSARY

2023 AGM means the annual general meeting of the Company held on 20 November 2023.

ASIC means the Australian Securities and Investments Commission. Class A FY2024 Options has the meaning set out in paragraph 8.1. Class A Wilson Options has the meaning set out in paragraph 8.1. Exercise Notice has the meaning set out in Annexure C. Expiry Date has the meaning set out in Annexure C. Quoted Options has the meaning set out in paragraph 8.1.

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Annexure A – Terms of Class A FY2024 Options

The terms and conditions of the Class A FY2024 Options issued under the version of the Awards Plan approved at the Company’s 2023 AGM are as follows:

• (a) The exercise price for the Class A FY2024 Options is $0.30.

• (b) Subject to paragraph (f) below, the vesting date for the Class A FY2024 Options is 31 December 2025.

• (c) The expiry date for the Class A FY2024 Options is 30 June 2026.

• (d) Each Class A FY2024 Option entitles the holder to subscribe for one Share.

• (e) The Class A FY2024 Options are granted for a nil issue price.

• (f) Vesting of the Class A FY2024 Options is subject to the offeree remaining employed or engaged by the Company from issue until the vesting date, unless the Board determines otherwise.

• (g) The Class A FY2024 Options are not transferable other than in accordance with the Plan.

• (h)

• The Class A FY2024 Options will not be quoted.

• (i) The terms of the Plan (being the version of the Awards Plan approved at the Company’s 2023 AGM) apply to the Class A FY2024 Options, except to the extent of any inconsistency with the letter of offer provided by the Company to the offeree.

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Annexure B – Terms of Class A Wilson Options

The terms and conditions of the Class A Wilson Options are as follows:

• (a) The exercise price for the Class A Wilson Options is $0.30.

• (b) There are no vesting conditions to the Class A Wilson Options.

• (c) The expiry date for the Class A Wilson Options is 30 June 2026.

• (d) Each Class A Wilson Option entitles the holder to subscribe for one Share.

• (e) The Class A Wilson Options are granted for a nil issue price.

• (f) If Mr Grant Wilson ceases to be employed or engaged by the Company, then the Class A Wilson Options will remain on foot until their expiry date.

• (g) The Class A Wilson Options may not be sold, assigned, transferred or otherwise dealt with except on the death of Mr Grant Wilson in limited circumstances or with the prior consent of the Board.

• (h) The Class A Wilson Options will not be quoted.

• (i) Following exercise of the Class A Wilson Options, the Company will, subject to the terms of the Company’s relevant policies, issue Shares to the holder and apply for official quotation or listing of those Shares on ASX. Unless and until the Class A Wilson Options have been exercised and the relevant Shares issued to the holder as a result of that exercise, the holder has no right or interest in those Shares.

• (j) Shares issued upon exercise of the Class A Wilson Options will rank equally in all respects with existing Shares, except for entitlements which had a record date before the date of the issue of that Share.

• (k) If, prior to the exercise of a Class A Wilson Option, there is a reorganisation of the issued share capital of the Company (including a consolidation, sub-division or reduction or capital or return of capital to Shareholders), the number of Class A Wilson Options to which the holder is entitled will be adjusted in a manner required by the Listing Rules.

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Annexure C – Terms of Quoted Options

The terms and conditions of the Quoted Options are as follows:

• (a) ( Entitlement ): Each Option gives the holder the right to subscribe for one Share in the Company upon the payment of the exercise price.

• (b) ( Expiry Date ): The Options will expire on 30 June 2026 at 5.00pm (Darwin time) ( Expiry Date ). A Option not exercised before the Expiry Date will automatically lapse on the Expiry Date.

• (c) ( Exercise Price ): Subject to paragraph (j), the amount payable upon exercise of each Option is $0.30 per Option.

• (d) ( Exercise ): A holder may exercise their Options by lodging with the Company, before the Expiry Date:

• (i) a written notice of exercise of Options specifying the number of Options being exercised ( Exercise Notice ); and

• (ii) an electronic funds transfer for the Exercise Price for each Option being exercised;

• (e) ( Exercise Notice ): An Exercise Notice is only effective when the Company has received the full amount of the Exercise Price in cleared funds.

• (f) ( Timing of issue of Shares on exercise ): Subject to the Corporations Act, the Listing Rules and these terms and conditions, within 10 Business Days of receipt of the Exercise Notice accompanied by the appropriate Exercise Price, the Company will issue the number of Shares required under these terms and conditions in respect of the number of Options specified in the Exercise Notice.

• (g) ( Transferability ): The Options are freely transferable from the date of issue, subject to any restriction or escrow arrangements imposed by ASX or under Australian securities laws.

• (h) ( Ranking of Shares ): All Shares allotted upon the exercise of Options will upon allotment be fully paid and rank pari passu in all respects with other Shares.

• (i) ( Quotation ): The Company will apply for quotation of the Options on the ASX. The Company will apply for quotation of all Shares allotted pursuant to the exercise of Options on the ASX within 5 business days after the date of issue of those Shares.

• (j) ( Reconstruction ): In the event of any re-organisation (including reconstruction, consolidation, subdivision, reduction or return of capital) of the issued capital of the Company, the Options will be re-organised as required by the Listing Rules, but in all other respects the terms of exercise will remain unchanged.

• (k) ( Participation rights ): There are no participating rights or entitlements inherent in the Options and holders will not be entitled to participate in new issues of capital offered to Shareholders during the currency of the Options without exercising the Options.

• (l) ( Dividends ): The Options do not carry any dividend entitlement until they are exercised.

• (m) ( Amendments ): A Option does not confer the right to a change in the Exercise Price or a change in the number of underlying securities over which the Option can be exercised.

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Need assistance?

Phone:

1300 850 505 (within Australia) +61 3 9415 4000 (outside Australia)

Online:

www.investorcentre.com/contact

TVN

MR SAM SAMPLE FLAT 123 123 SAMPLE STREET THE SAMPLE HILL SAMPLE ESTATE SAMPLEVILLE VIC 3030

YOUR VOTE IS IMPORTANT

For your proxy appointment to be effective it must be received by 4:30 pm (AEDT) Tuesday, 18 November 2025.

Proxy Form

How to Vote on Items of Business

Lodge your Proxy Form:

XX

All your securities will be voted in accordance with your directions.

Online:

APPOINTMENT OF PROXY

Voting 100% of your holding: Direct your proxy how to vote by marking one of the boxes opposite each item of business. If you do not mark a box your proxy may vote or abstain as they choose (to the extent permitted by law). If you mark more than one box on an item your vote will be invalid on that item.

Voting a portion of your holding: Indicate a portion of your voting rights by inserting the percentage or number of securities you wish to vote in the For, Against or Abstain box or boxes. The sum of the votes cast must not exceed your voting entitlement or 100%.

Appointing a second proxy: You are entitled to appoint up to two proxies to attend the meeting and vote on a poll. If you appoint two proxies you must specify the percentage of votes or number of securities for each proxy, otherwise each proxy may exercise half of the votes. When appointing a second proxy write both names and the percentage of votes or number of securities for each in Step 1 overleaf.

Lodge your vote online at www.investorvote.com.au using your secure access information or use your mobile device to scan the personalised QR code.

Your secure access information is

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Control Number: 999999 SRN/HIN: I9999999999 PIN: 99999

For Intermediary Online subscribers (custodians) go to www.intermediaryonline.com

A proxy need not be a securityholder of the Company.

SIGNING INSTRUCTIONS FOR POSTAL FORMS

Individual: Where the holding is in one name, the securityholder must sign.

Joint Holding: Where the holding is in more than one name, all of the securityholders should sign.

Power of Attorney: If you have not already lodged the Power of Attorney with the registry, please attach a certified photocopy of the Power of Attorney to this form when you return it.

Companies: Where the company has a Sole Director who is also the Sole Company Secretary, this form must be signed by that person. If the company (pursuant to section 204A of the Corporations Act 2001) does not have a Company Secretary, a Sole Director can also sign alone. Otherwise this form must be signed by a Director jointly with either another Director or a Company Secretary. Please sign in the appropriate place to indicate the office held. Delete titles as applicable.

By Mail:

Computershare Investor Services Pty Limited GPO Box 242 Melbourne VIC 3001 Australia

By Fax:

1800 783 447 within Australia or +61 3 9473 2555 outside Australia

PARTICIPATING IN THE MEETING

Corporate Representative

If a representative of a corporate securityholder or proxy is to participate in the meeting you will need to provide the appropriate “Appointment of Corporate Representative”. A form may be obtained from Computershare or online at www.investorcentre.com/au and select "Printable Forms".

PLEASE NOTE: For security reasons it is important that you keep your SRN/HIN confidential.

You may elect to receive meeting-related documents, or request a particular one, in electronic or physical form and may elect not to receive annual reports. To do so, contact Computershare.

Samples/000001/000001/i12

MR SAM SAMPLE FLAT 123 123 SAMPLE STREET THE SAMPLE HILL SAMPLE ESTATE SAMPLEVILLE VIC 3030

I ND

Change of address. If incorrect, mark this box and make the correction in the space to the left. Securityholders sponsored by a broker (reference number commences with ‘ X ’) should advise your broker of any changes.



I 9999999999

Proxy Form

Please mark to indicate your directions

Step 1 Appoint a Proxy to Vote on Your Behalf

XX

I/We being a member/s of Tivan Limited hereby appoint

the Chair OR of the Meeting

PLEASE NOTE: Leave this box blank if you have selected the Chair of the Meeting. Do not insert your own name(s).

or failing the individual or body corporate named, or if no individual or body corporate is named, the Chair of the Meeting, as my/our proxy to act generally at the meeting on my/our behalf and to vote in accordance with the following directions (or if no directions have been given, and to the extent permitted by law, as the proxy sees fit) at the Annual General Meeting of Tivan Limited to be held at The Butler Lane, 2-6 Shelley Street, Richmond VIC 3121 on Thursday, 20 November 2025 at 4:30 pm (AEDT) and at any adjournment or postponement of that meeting.

The Chair authorised to exercise undirected proxies on remuneration related resolutions: Where I/we have appointed the Chair of the Meeting as my/our proxy (or the Chair becomes my/our proxy by default), I/we expressly authorise the Chair to exercise my/our proxy on Resolutions 1 and 6-12 (except where I/we have indicated a different voting intention in step 2) even though Resolutions 1 and 6-12 are connected directly or indirectly with the remuneration of a member of key management personnel, which includes the Chair. Important Note: If the Chair of the Meeting is (or becomes) your proxy you can direct the Chair to vote for or against or abstain from voting on Resolutions 1 and 6-12 by marking the appropriate box in step 2.

Step 2 Items of Business

PLEASE NOTE: If you mark the Abstain box for an item, you are directing your proxy not to vote on your behalf on a show of hands or a poll and your votes will not be counted in computing the required majority.

For Against Abstain	For Against Abstain	For Against Abstain	For Against Abstain	For Against Abstain	For Against Abstain	For Against Abstain	For Against Abstain	For Against Abstain	For Against Abstain	For Against Abstain	For Against Abstain	For Against Abstain	For Against Abstain
							8 Issue of NED Performance Rights to Ms Christine Charles or her nominee(s)
1 Non Binding Resolution to adopt Remuneration Report
2 Re-election of Mr Grant Wilson as a Director
							9 Issue of NED Performance Rights to Mr Anthony Robinson or his nominee(s)
3 Ratification of issue of Shares under the May 2025 Placement to ETFS Capital
							10 Issue of NED Performance Rights to Mr Guy Debelle or his nominee(s)
4 Ratification of issue of Options to ETFS Capital in connection with the May 2025 Placement
							11 Approval to amend the Class A FY2024 Options Terms
5 Ratification of issue of Shares under the September 2025 Placement to sophisticated and professional investors							12 Approval to amend the Class A Wilson Options Terms
6 Issue of STI Performance Rights to Mr Grant Wilson or his nominee(s)
7 Issue of LTI Performance Rights to Mr Grant Wilson or his nominee(s)

The Chair of the Meeting intends to vote undirected proxies in favour of each item of business. In exceptional circumstances, the Chair of the Meeting may change his/her voting intention on any resolution, in which case an ASX announcement will be made.

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Step 3 Signature of Securityholder(s) This section must be completed.
Individual or Securityholder 1 Securityholder 2 Securityholder 3
/ /
Sole Director & Sole Company Secretary Director Director/Company Secretary Date
Update your communication details (Optional) By providing your email address, you consent to receive future Notice
Mobile Number Email Address of Meeting & Proxy communications electronically
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