Geomet Clarification

This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

European Metals Holdings Limited

("European Metals" or the "Company")

Geomet Clarification

European Metals Holdings Limited (ASX and AIM: EMH, OTCQX: EMHXY/EMHLF) is aware of the statement in the Geomet s.r.o ("Geomet") accounts dated March 31, 2026 in relation to steps initiated by Geomet on January 28, 2026 in respect of additional funding and its intention to seek funds from its shareholders. At this stage, no valid cash call has been made by Geomet, a company in which European Metals holds a 49 percent interest. The timing and form of such funding (whether third party debt or shareholder funding) remains subject to the unanimous approval of Geomet's shareholders.

European Metals will provide further updates as and when appropriate.

ENDS

This announcement has been approved for release by the Board.

CONTACT

For further information on this update or the Company generally, please visit our website at www.europeanmet.com or see full contact details at the end of this release.

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