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TRIANGLE ENERGY (GLOBAL) LIMITED Share Issue/Capital Change 2026

May 14, 2026

65907_rns_2026-05-14_cf9eeea9-bb97-4ecc-a99d-4f2860d300d6.pdf

Share Issue/Capital Change

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ASX Announcement

15 May 2026

ASX:TEG

TriangleEnergy

Correction – Completion of In-Specie Distribution

Triangle Energy (Global) Limited (Triangle Energy / the Company) (ASX:TEG) wishes to advise that pursuant to its announcement on 12 May 2026, the distribution ratio was stated incorrectly.

Please see below the correct information.

Triangle Energy (Global) Limited (Triangle Energy / the Company) (ASX:TEG) is pleased to advise that, following shareholder approval received on 24 April 2026, the in-specie distribution of shares in Tetragon Energy Limited (Tetragon) to Triangle shareholders was completed on 7 May 2026.

Based on the record date of 30 April 2026, a total of 19,700,408 Tetragon shares were distributed to eligible Triangle shareholders in proportion to the Company's 2,222,944,552 shares on issue, at a distribution ratio of 1 Tetragon share for every 112.83 Triangle shares held.

Capital Reduction $2,091,571
TEG Shares on Issue 2,222,944,552
Assumed value of capital return 0.0009

Accordingly, the exercise prices of the following unlisted options in Triangle Energy (Global) Limited have been revised as follows:

Expiry Date Exercise Price (pre-adjustment) Exercise Price (post adjustment)
TEGOPT10 12/04/2027 $0.024 $0.023
TEGOPT11 08/01/2027 $0.030 $0.029

Authorised for Release by: The Board of Directors

ENDS

For more information

Mr Rory McGoldrick
Chief Executive Officer
E: [email protected]
Ph: +61 8 9219 7111

General Shareholder Enquiries

[email protected]

Triangle Energy (Global) Limited ABN 52 110 411 428

Suite 2, 100 Havelock St, West Perth WA 6005 | PO Box 51 West Perth WA 6905 Australia

T +61 8 9219 7111

triangleenergy.com.au