Announcement PDF \ www.adavaleresources.com Adavale Resources Limited Level 2, 49 Oxford Close West Leederville, WA, 6007 Directors & Officers ALLAN RITCHIE Executive Chairman & CEO DAVID WARD Managing Director NIC MATICH Non-Executive Director LEONARD MATH CFO & Company Secretary ASX: ADD Adavaleresources AdavaleL Investors@adavaleresources.com +61 2 8003 6733 ASX ANNOUNCEMENT 28 November 2025 RESULTS OF ANNUAL GENERAL MEETING Adavale Resources Limited (ASX:ADD) (“Adavale” or the “Company”) is pleased to provide the results of the resolutions put to members of the Company at the Annual General Meeting held today. In accordance with ASX Listing Rule 3.13.2 and section 251AA of the Corporations Act 2001, details of the proxy votes received in respect of each resolution and the poll results are set out in this announcement. The Company advises that all resolutions proposed were passed on a poll and without amendment. This announcement is authorised for release by the Board of Adavale Resources Limited. Further information: Allan Ritchie Executive Chairman and CEO Adavale Resources E: investor@adavaleresources.com P: +61 2 8003 6733 Jane Morgan Media and Investor Inquiries Jane Morgan Management E: jm@janemorganmanagement.com.au P: +61(0) 405 555 618 David Ward Managing Director Adavale Resources E: investor@adavaleresources.com P: +61 2 8003 6733 2 ABOUT ADAVALE RESOURCES Exploring for Gold and Copper in the NSW Lachlan Fold Belt, Uranium in South Australia, and Nickel Sulphide in Tanzania. The Parkes Project Adavale Resources Limited (ASX:ADD) tenements span ~371km2 including 100% of EL9785 and a 72.5% interest in the Parkes Gold and Copper Project, consisting of four granted exploration licences that are highly prospective for Au-Cu, primarily due to their location adjacent the giant Northparkes copper-gold mine and encompassing the Ordovician-aged rocks of the Macquarie Arc, within the crustal-scale structure of the Lachlan Transverse Zone (LTZ) that contain both Northparkes and the world-class Cadia gold-copper Mine. South Australian Uranium Portfolio Adavale also holds 11 granted exploration licences that are prospective for their sedimentary uranium potential. 7 are held within the northern part of the highly- prospective Northern outwash from the Flinders Ranges in South Australia, as well as 4 granted exploration licence east of Ceduna on the Eyre Peninsula, increasing Adavale’s uranium tenement holdings to 4,959km2 . The Kabanga Jirani Nickel Project Adavale also holds the Kabanga Jirani Nickel Project, a portfolio of 13 highly prospective granted licences along the East African Nickel belt in Tanzania. The nine southernmost licences are proximal to the world class Kabanga Nickel Deposit (87.6Mt @ 2.63% Ni Eq). Adavale holds 100% of all licences except for two licences that are known as the Luhuma-Farm-in, which are held at 65%, adding a further 99km2 and bringing the portfolio to 1,315km2 . Adavale’s licences were selected based on their strong geochemical and geophysical signatures from the previous exploration undertaken by BHP. Resolution Result Resolution Resolution Type For Against Proxy's Discretion Abstain For Abstain* Carried / Not Carried 81,954,066 60,072 2,862,601 37,500 84,816,667 37,500 Carried 96.56% 0.07% 3.37% 99.93% 89,836,825 243 2,899,082 2,695,594 92,735,907 2,695,594 Carried 96.87% 0.00% 3.13% 100.00% 92,298,491 10,243 2,899,082 223,928 95,197,573 223,928 Carried 96.94% 0.01% 3.05% 99.99% 84,417,411 191,074 40,458 265,594 84,457,869 265,594 Carried 99.72% 0.23% 0.05% 99.77% 87,315,570 191,074 2,897,601 265,594 90,213,171 265,594 Carried 96.58% 0.21% 3.21% 99.79% 92,160,825 71,724 2,897,601 301,594 95,058,426 301,594 Carried 96.87% 0.08% 3.05% 99.92% 85,190,318 172,088 2,897,601 226,440 88,087,919 226,440 Carried 96.52% 0.19% 3.28% 99.81% 89,705,615 172,088 2,897,601 2,656,440 92,603,216 2,656,440 Carried 96.69% 0.19% 3.12% 99.81% 92,110,390 181,088 2,913,826 226,440 95,024,216 226,440 Carried 96.75% 0.19% 3.06% 99.81% 82,219,341 107,738 2,897,601 3,081,767 85,116,942 3,081,767 Carried 96.47% 0.13% 3.40% 99.87% 84,905,208 268,198 2,906,601 406,440 87,811,809 406,440 Carried 96.40% 0.30% 3.30% 99.70% 89,600,505 268,198 2,906,601 2,656,440 92,507,106 2,656,440 Carried 96.58% 0.29% 3.13% 99.71% 92,039,505 268,198 2,897,601 226,440 94,937,106 226,440 Carried 96.68% 0.28% 3.04% 99.72% * Votes cast by a person who abstains on an item are not counted in calculating the required majority on a poll. 12 Approval of Grant of Potential Termination Benefits to Director – David Ward Ordinary 268,198 0.29% 13 Approval of Grant of Potential Termination Benefits to Director – Maurice Matich Ordinary 268,198 0.28% 10 Approval to Increase Maximum Securities Under the Company’s Employee Incentive Securities Plan Ordinary 107,738 0.13% 11 Approval of Grant of Potential Termination Benefits to Director – Allan Ritchie Ordinary 268,198 0.30% 8 Approval to issue Performance Rights to David Ward Ordinary 172,088 0.19% 9 Approval to issue Performance Rights to Maurice Matich Ordinary 181,088 0.19% 6 Approval of 7.1A Mandate Special 71,724 0.08% 7 Approval to issue Performance Rights to Allan Ritchie Ordinary 172,088 0.19% 4 Ratification of Prior Issue of Tranche 1 Placement Shares Ordinary 191,074 0.23% 5 Ratification of Prior Issue of Tranche 2 Placement Shares Ordinary 191,074 0.21% 2 Election of a Director – David Ward Ordinary 243 0.00% 3 Re-election of a Director – Maurice Matich Ordinary 10,243 0.01% Against 1 Adoption of Remuneration Report Ordinary 60,072 0.07% Resolution details Instructions given to validly appointed proxies Number of votes cast on the poll (as at proxy close) (where applicable) Adavale Resources Limited Annual General Meeting Friday, 28 November 2025 Results of Meeting The following information is provided in accordance with section 251AA(2) of the Corporations Act 2001 (Cth) and ASX Listing Rule 3.13.2. 1/1