Application for quotation of securities - ERM

Announcement Summary

Entity nam

EMMERSON RESOURCES LIMITED

Announcement Ty

New announcement

Date of this announce

Tuesday November 11, 2025

The +securities to be quote

+Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securiti converted

Total number of +securities to be

ASX +security

code Security description

Number of +securitie

be quote Issue date

ERM

ORDINARY FULLY PAID

2,384,615 11/11/2025

Refer to next page for full details of the announcement

Part 1 - Entity and announcement details

11/11/2025

Part 2 - Type of Issue

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

Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to A Appendix 3B

Existing +securities converting into additional +securities in an existing class FROM (Existing Class)

ASX +security code and descri

ERMAQ : OPTION EXPIRING 23-NOV-2026 EX $0.088

TO (Existing Class)

ASX +security code and descri

ERM : ORDINARY FULLY PAID

Please state the number of opti The first date the options were The last date the options were

that were exercised or other exercised or other +convertible exercised or other +convertible

+convertible securities that wer securities were converted securities were converted

converted

2,000,000

5/11/2025

5/11/2025

Is this all of the options or other +convertible securities on issue of that type (ie have all of thos exercised or have all of those convertible securities now been converted)?

No

The right of the holder of the options or other +convertible securities to receive the +underlying satisfied by:

An issue of new +securities

The underlying +securities being received by the h

Intended to be, but are not yet, quoted by ASX

Were the options being exercised or other +convertible securities being converted issued under incentive scheme?

No

Issue da

11/11/2025

Will the +securities to be quoted rank equally in all respects from their issue date with the existi

+securities in that class?

Yes

Number of +securities to be q

2,000,000

Are the +securities being issued for a cash consi

Yes

In what currency is the cash consideration bei

AUD - Australian Dollar

What is the issue price per +sec

AUD 0.08800000

Any other information the entity wishes to provide about the +securitie

Existing +securities converting into additional +securities in an existing class FROM (Existing Class)

ASX +security code and descri

ERMAF : OPTION EXPIRING 31-DEC-2025 EX $0.20

TO (Existing Class)

ASX +security code and descri

ERM : ORDINARY FULLY PAID

Please state the number of opti The first date the options were The last date the options were

that were exercised or other exercised or other +convertible exercised or other +convertible

+convertible securities that wer securities were converted securities were converted

converted

384,615

10/11/2025

10/11/2025

Is this all of the options or other +convertible securities on issue of that type (ie have all of thos exercised or have all of those convertible securities now been converted)?

No

The right of the holder of the options or other +convertible securities to receive the +underlying satisfied by:

An issue of new +securities

The underlying +securities being received by the h

Intended to be, but are not yet, quoted by ASX

Were the options being exercised or other +convertible securities being converted issued under incentive scheme?

No

Issue da

11/11/2025

Will the +securities to be quoted rank equally in all respects from their issue date with the existi

+securities in that class?

Yes

Number of +securities to be q

384,615

Are the +securities being issued for a cash consi

Yes

In what currency is the cash consideration bei

AUD - Australian Dollar

What is the issue price per +sec

AUD 0.20000000

Any other information the entity wishes to provide about the +securitie

Part 4 - Issued capital following quotation

Following the quotation of the +securities the subject of this application, the issued capital of th comprise:

The figures in parts 4.1 and 4.2 below are automatically generated and may not reflect the entity's current issued other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX for processing.