WIN METALS LTD — Share Issue/Capital Change 2026

Feb 2, 2026

Appendix 2A - Application for quotation of securities

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Announcement Summary

Entity name

WIN METALS LTD

Announcement Type

New announcement

Date of this announcement

Tuesday February 03, 2026

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
WIN	ORDINARY FULLY PAID	285,714	03/02/2026

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

Part 1 - Entity and announcement details

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1.1 Name of entity

WIN METALS LTD

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

ACN

Registration number

648687094

1.3 ASX issuer code

WIN

1.4 The announcement is

New announcement

1.5 Date of this announcement

3/2/2026

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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
12-Dec-2025 09:43	New - Proposed issue of securities -	A placement or other type of issue
	WIN

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

Issue of the 142,857 1 for 2 free attaching Options as disclosed on Appending 2A dated 3 February 2026 for the new listed $0.07 Options series

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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 WIN : ORDINARY FULLY PAID

Issue date

3/2/2026

Distribution Schedule

Provide a distribution schedule for the new +securities according to the categories set out in the left hand column - including the number of recipients and the total percentage of the new +securities held by the recipients in each category.

Total percentage of +securities held Number of +securities held Number of holders For example, to enter a value of 50% please input as 50.00 1 - 1,000 % 1,001 - 5,000 % 5,001 - 10,000 % 10,001 - 100,000 % 100,001 and over %

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Appendix 2A - Application for quotation of securities

Issue details

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Number of +securities to be quoted 285,714 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 0.03500000 Any other information the entity wishes to provide about the +securities to be quoted Shares issued to Director, Andrew Parker (or his Nominee) following receipt of shareholder approval received at a General Meeting of Shareholders on 28 January 2026.

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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
WIN : ORDINARY FULLY PAID	857,377,350
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
WINAW : OPTION EXPIRING 31-MAY-2028 EX $0.04	20,626,303
WINAAC : OPTION EXPIRING 28-NOV-2027 EX $0.04	71,132,291
WINAH : OPTION EXPIRING 30-SEP-2030 EX $0.057	1,694,000
WINAR : OPTION EXPIRING 30-OCT-2027 EX $0.23	184,334
WINAS : OPTION EXPIRING 30-OCT-2028 EX $0.29	184,333
WINAT : OPTION EXPIRING 30-OCT-2029 EX $0.35	184,333
WINAY : PERFORMANCE RIGHTS	12,353,000
WINAZ : OPTION EXPIRING 30-SEP-2028 EX $0.036	16,574,840
WINAAA : OPTION EXPIRING 30-SEP-2029 EX $0.045	17,980,840
WINAAB : OPTION EXPIRING 30-SEP-2030 EX $0.055	16,574,838
WINAX : OPTION EXPIRING 30-APR-2026 EX $0.044	84,574,989

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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