WHITEHAWK LIMITED — Capital/Financing Update 2025

Feb 25, 2025

Appendix 2A - Application for quotation of securities

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Update Summary

Entity name

WHITEHAWK LIMITED

Announcement Type

Update to previous announcement

Date of this announcement

Wednesday February 26, 2025

Reason for the update

The issue is part of the previously announced Appendix 3B released to ASX on 7 August 2024.

Refer to next page for full details of the announcement

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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

WHITEHAWK 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

ABN 97620459823

1.3 ASX issuer code

WHK

1.4 The announcement is

Update/amendment to previous announcement

1.4a Reason for update to a previous announcement

The issue is part of the previously announced Appendix 3B released to ASX on 7 August 2024.

1.4b Date of previous announcement to this update

25/2/2025

1.5 Date of this announcement

26/2/2025

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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:

Other

Please refer to the response to Q2.3d for further information about the type of securities to be quoted and the circumstances of the issue.

2.2 The +class of +securities to be quoted is:

Additional +securities in a class that is already quoted on ASX ("existing class")

2.3c Have these +securities been offered under a +disclosure document or +PDS? No

2.3d Please provide any further information needed to understand the circumstances in which you are applying to have these +securities quoted on ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

Refer to Appendix 3B previously released to ASX on 7 August 2024.

2.4 Any on-sale of the +securities to be quoted within 12 months of their date of issue will comply with the secondary sale provisions in sections 707(3) and 1012C(6) of the Corporations Act by virtue of: The publication of a cleansing notice under section 708A(5), 708AA(2)(f), 1012DA(5) or 1012DAA(2)(f)

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Appendix 2A - Application for quotation of securities

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Appendix 2A - Application for quotation of securities	Appendix 2A - Application for quotation of securities
Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an
Appendix 3B
Additional +securities to be quoted in an existing class
ASX +security code and description
WHK : ORDINARY FULLY PAID
Issue date
25/2/2025
Will the +securities to be quoted rank equally in all respects from their issue date with the
existing issued +securities in that class?
Yes
Issue details
Number of +securities to be quoted
6,666,667
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 0.00900000
Any other information the entity wishes to provide about the +securities to be quoted Refer to A$500K Private Placement ASX announcement dated 7 August 2024 for further information.
The purpose(s) for which the entity is issuing the securities
Other
Please provide additional details Shares issued pursuant to Share Subscription Agreement announced to ASX on 7 August 2024.

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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
WHK : ORDINARY FULLY PAID	649,395,977
WHKO : OPTION EXPIRING 08-MAY-2025	74,722,197
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
WHKAS : OPTION EXPIRING 17-OCT-2027 EX $0.022	12,500,000
WHKAI : PERFORMANCE RIGHTS	10,400,000
WHKAP : OPTION EXPIRING 12-MAY-2026 EX $0.10	22,500,000
WHKAQ : STOCK APPRECIATION RIGHTS	25,029,711

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

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Appendix 2A - Application for quotation of securities

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Part 5 - Other Listing Rule requirements

5.1 Are the +securities being issued under an exception in Listing Rule 7.2 and therefore the issue does not need any security holder approval under Listing Rule 7.1? No

5.2 Has the entity obtained, or is it obtaining, +security holder approval for the issue under listing rule 7.1? No

5.2b Are any of the +securities being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1? Yes

5.2b.1 How many +securities are being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1?

6,666,667

5.2c Are any of the +securities being issued without +security holder approval using the entity's additional 10% placement capacity under listing rule 7.1A (if applicable)? No

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