VHM LIMITED — Capital/Financing Update 2025

Oct 14, 2025

ASX Release

15 October 2025

Notice under section 708A(5)(e) of the Corporations Act 2001 (Cth)

VHM Limited (ASX: VHM) (the “Company”) is hereby giving notice under section 708A(5)(e) of the Corporations Act 2001 (Cth) (“Corporations Act”) .

The Company issued 3,175,000 fully paid ordinary shares (“Shares”) in accordance with the terms of its Investment Agreement with Bulk Commodity Holdings, LLC, which was announced to the market on 7 October 2024. An Appendix 2A with respect to the issue of the Shares was lodged by the Company on 15 October 2025.

The Company confirms that:

1. the Shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act;

2. as at the date of this notice the Company has complied with:

   • (a) the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and

   • (b) section 674 and section 674A of the Corporations Act; and

3. as at the date of this notice, there is no excluded information of the type referred to in sections 708A(7) and 708A(8) of the Corporations Act that is required to be set out in this notice under section 708A(6)(e) of the Corporations Act.

ENDS

This announcement is approved by the VHM Limited Board of Directors.

For Further Information Contact:

Andrew King Chief Executive Officer E: andrew.king@vhmltd.com.au

About VHM Limited (ASX: VHM)

https://www.vhmltd.com.au

ABN 58 601 004 102 I Suite1, Level 11, 330 Collins St, Melbourne VIC 3000 I www.vhmltd.com.au