Announcement PDF 603 Page 1 of 2 15 July 2001 Form 603 Corporations Act 2001 Section 671B Notice of initial substantial holder To Company Name/Scheme ACN/ARSN 1. Details of substantial holder (1) Name ACN/ARSN (if applicable) The holder became a substantial holder on / / 2. Details of voting power The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in on the date the substantial holder became a substantial holder are as follows: Class of securities (4) Number of securities Person's votes (5) Voting power (6) 3. Details of relevant interests The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows: Holder of relevant interest Nature of relevant interest (7) Class and number of securities 4. Details of present registered holders The persons registered as holders of the securities referred to in paragraph 3 above are as follows: Holder of relevant interest Registered holder of securities Person entitled to be registered as holder (8) Class and number of securities 5. Consideration The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows: Holder of relevant interest Date of acquisition Consideration (9) Class and number of securities Cash Non-cash Western Mines Group Limited 640 738 834 Cremorne Capital Limited as the RE for Lowell Resources Fund 07 08 2026 Ordinary 13,829,973 13,829,973 10.61% Cremorne Capital Limited as the RE for Lowell Resources Fund Relevant interest arises under s608(3)(b) of the Corporations Act as it controls Lowell Resources Fund Ordinary - 13,829,973 Equity Trustees Limited <Lowell Resources Fund A/C> Equity Trustees Limited <Lowell Resources Fund A/C> Equity Trustees Limited <Lowell Resources Fund A/C> Ordinary - 13,829,973 Refer to Annexure A 603 Page 2 of 2 15 July 2001 6. Associates The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows: Name and ACN/ARSN (if applicable) Nature of association 7. Addresses The addresses of persons named in this form are as follows: Name Address Signature print name capacity sign here date / / DIRECTIONS (1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 7 of the form. (2) See the definition of "associate" in section 9 of the Corporations Act 2001. (3) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001. (4) The voting shares of a company constitute one class unless divided into separate classes. (5) The total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an associate has a relevant interest in. (6) The person's votes divided by the total votes in the body corporate or scheme multiplied by 100. (7) Include details of: (a) any relevant agreement or other circumstances by which the relevant interest was acquired. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and (b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies). See the definition of "relevant agreement" in section 9 of the Corporations Act 2001. (8) If the substantial holder is unable to determine the identity of the person ( eg. if the relevant interest arises because of an option) write "unknown". (9) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired. Cremorne Capital Limited as the RE for Lowell Resources Fund 8 Chapel Street, Cremorne VIC 3121 Julie Edwards Company Secretary 07 08 2026 ASX Form 603 Annexure A (This is the Annexure A of one (1) page referred to in Form 603. Notice of initial substantial shareholder) Holder of Relevant Interest Date of Acquisition Consideration Class and number of securities Cash Non-cash Cremorne Capital Limited as the RE for Lowell Resources Fund 7/08/2026 $999,999.95 ORD 6,134,969 Cremorne Capital Limited as the RE for Lowell Resources Fund 6/08/2026 $999,999.95 ORD 6,134,969 Cremorne Capital Limited as the RE for Lowell Resources Fund 29/04/2026 $49,318.70 ORD 260,035 Cremorne Capital Limited as the RE for Lowell Resources Fund 28/04/2026 $38,125.40 ORD 200,000 Cremorne Capital Limited as the RE for Lowell Resources Fund 27/04/2026 $27,197.93 ORD 144,329 Cremorne Capital Limited as the RE for Lowell Resources Fund 24/08/2026 $7,273.65 ORD 39,080 Cremorne Capital Limited as the RE for Lowell Resources Fund 23/04/2026 $41,271.26 ORD 216,741 Cremorne Capital Limited as the RE for Lowell Resources Fund 15/04/2026 $96,233.21 ORD 550,171 Cremorne Capital Limited as the RE for Lowell Resources Fund 14/04/2026 $26,280.27 ORD 149,679 CREMORNE CAPITAL LIMITED AS THE RE FOR LOWELL RESOURCES FUND print name Julie Edwards capacity Company Secretary sign here date 07/08/2026