VHM LIMITED — Share Issue/Capital Change 2025

Sep 25, 2025

Appendix 2A - Application for quotation of securities

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Announcement Summary

Entity name

VHM LIMITED

Announcement Type

New announcement

Date of this announcement

Friday September 26, 2025

The +securities to be quoted are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
VHM	ORDINARY FULLY PAID	1,176,471	29/09/2025

Refer to next page for full details of the announcement

Appendix 2A - Application for quotation of securities

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Appendix 2A - Application for quotation of securities

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Part 1 - Entity and announcement details

1.1 Name of entity

VHM LIMITED

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

1.2 Registered number type

Registration number

ACN 601004102

1.3 ASX issuer code

VHM

1.4 The announcement is

New announcement

1.5 Date of this announcement

26/9/2025

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Appendix 2A - Application for quotation of securities

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Part 2 - Type of Issue

2.1 The +securities to be quoted are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B

Previous Appendix 3B details:

Announcement Date and Announcement Title Selected Appendix 3B to submit quotation Time request 07-Oct-2024 09:13 New - Proposed issue of securities - A placement or other type of issue VHM

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?

Yes

2.3a.3 Please provide details of the further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B

Following the issue of the Shares to which this announcement relates, the Subscriber will be entitled to receive Shares worth $635,000 at the time(s) to be determined by the Subscriber through to the last Issuance Deadline as set out in the Subscriber contractual arrangements. The subscription price per Share is determined as set forth in the announcement to the ASX on 7 October 2024. Further details regarding the Shares to be issued are set out in the announcement to the ASX on 7 October 2024.

Appendix 2A - Application for quotation of securities

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Appendix 2A - Application for quotation of securities

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Part 3A - number and type of +securities to be quoted where issue has previously been notified to ASX in an Appendix 3B

Placement Details ASX +security code and description VHM : ORDINARY FULLY PAID Issue date 29/9/2025 Issue details Number of +securities to be quoted 1,176,471 Are the +securities being issued for a cash consideration? Yes In what currency is the cash consideration being paid? What is the issue price per +security? AUD - Australian Dollar AUD 0.17000000 Any other information the entity wishes to provide about the +securities to be quoted

Appendix 2A - Application for quotation of securities

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Appendix 2A - Application for quotation of securities

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Part 4 - Issued capital following quotation

Following the quotation of the +securities the subject of this application, the issued capital 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 quoted on ASX following the +quotation of the +securities subject of this application)

+securities subject of this application)
	Total number of
ASX +security code and description	+securities on issue
VHM : ORDINARY FULLY PAID	255,996,423
4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX)
	Total number of
ASX +security code and description	+securities on issue
VHMAP : OPTION EXPIRING 09-OCT-2025 EX $0.90	2,000,000
VHMAR : OPTION EXPIRING 07-NOV-2029 EX NIL	846,774
VHMAQ : OPTION EXPIRING 01-DEC-2026 EX $1.35	2,500,000

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

Appendix 2A - Application for quotation of securities

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