Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Announcement Summary Entity name WESTERN MINES GROUP LTD Date of this announcement Wednesday August 06, 2025 The +securities the subject of this notification are: +Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX Total number of +securities to be issued/transferred ASX +security code Security description WMGAU OPTION EXPIRING 31-JUL-2027 EX $0.30 Total number of +securities to be issued/transferred Issue date 643,500 06/08/2025 Refer to next page for full details of the announcement Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 1/5 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Part 1 - Entity and announcement details 1.1 Name of entity WESTERN MINES GROUP LTD We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities. 1.2 Registered number type Registration number ACN 640738834 1.3 ASX issuer code WMG 1.4 The announcement is New announcement 1.5 Date of this announcement 6/8/2025 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 2/5 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Part 2 - Issue details 2.1 The +securities the subject of this notification are: +Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX Previous Appendix 3B details: Announcement Date and Time Announcement Title Selected Appendix 3B to submit quotation request 27-May-2025 10:02 New - Proposed issue of securities WMG A placement or other type of issue 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? No Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 3/5 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Part 3A - number and type of +securities the subject of this notification (existing class or new class) where issue has previously been notified to ASX in an Appendix 3B Placement Details ASX +security code and description WMGAU : OPTION EXPIRING 31-JUL-2027 EX $0.30 Date the +securities the subject of this notification were issued 6/8/2025 Any other information the entity wishes to provide about the +securities the subject of this notification Issue details Number of +securities 643,500 Were the +securities issued for a cash consideration? No Please describe the consideration being provided for the +securities 1 option for each share issued under a placement and in return investors have volunteered a 6 month escrow on the placement shares. Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 4/5 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Part 4 - +Securities on issue Following the issue, conversion or payment up of the +securities the subject of this notification, the +securities 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 issued and quoted on ASX) ASX +security code and description Total number of +securities on issue WMG : ORDINARY FULLY PAID 96,788,344 4.2 Unquoted +securities (Total number of each +class of +securities issued but not quoted on ASX) ASX +security code and description Total number of +securities on issue WMGAR : OPTION EXPIRING 25-OCT-2026 EX $0.50 400,000 WMGAO : OPTION EXPIRING 04-APR-2028 EX $0.30 250,000 WMGAU : OPTION EXPIRING 31-JUL-2027 EX $0.30 6,435,000 WMGAN : OPTION EXPIRING 22-MAR-2027 EX $0.25 400,000 WMGAQ : OPTION EXPIRING 01-JUL-2027 EX $0.50 400,000 WMGAT : OPTION EXPIRING 16-DEC-2028 EX $0.30 800,000 WMGAL : OPTION EXPIRING 22-NOV-2026 EX $0.60 200,000 WMGAM : OPTION EXPIRING 13-APR-2026 EX $0.50 200,000 WMGAS : OPTION EXPIRING 31-DEC-2027 EX $0.25 624,667 WMGAJ : PERFORMANCE RIGHTS 400,000 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 5/5