Appendix 3H - Notification of cessation of securities Appendix 3H - Notification of cessation of securities 1 / 4 Announcement Summary Entity name ADAVALE RESOURCES LIMITED Announcement Type New announcement Date of this announcement Monday December 08, 2025 Details of +securities that have ceased ASX +security code Security description Number of +securities that have ceased The +securities have ceased due to Date of cessation ADDAAB PERFORMANCE RIGHTS 8,250,000 Cancellation by agreement between the entity and the holder 04/12/2025 Refer to next page for full details of the announcement Appendix 3H - Notification of cessation of securities Appendix 3H - Notification of cessation of securities 2 / 4 Part 1 - Announcement Details 1.1 Name of +Entity ADAVALE RESOURCES LIMITED We (the entity named above) provide the following information about our issued capital. 1.2 Registered Number Type ACN Registration Number 008719015 1.3 ASX issuer code ADD 1.4 The announcement is 1.5 Date of this announcement 8/12/2025 New announcement Appendix 3H - Notification of cessation of securities Appendix 3H - Notification of cessation of securities 3 / 4 Part 2 - Details of +equity securities or +debt securities that have ceased ASX +Security Code and Description ADDAAB : PERFORMANCE RIGHTS Unquoted +equity securities that have ceased Number of securities that have ceased 8,250,000 Reason for cessation Cancellation by agreement between the entity and the holder Date of cessation 4/12/2025 Is the entity paying any consideration for the cessation? Any other information the entity wishes to notify to ASX about the cessation? No Appendix 3H - Notification of cessation of securities Appendix 3H - Notification of cessation of securities 4 / 4 Part 3 - Issued capital following changes Following the cessation of the +securities the subject of this notification, the issued capital of the entity will comprise: The figures in parts 3.1 and 3.2 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. 3.1 Quoted +equity securities and +debt securities (total number of each +class of +securities quoted on ASX) ASX +security code and description Total number of +securities on issue ADD : ORDINARY FULLY PAID 269,161,144 ADDOD : OPTION EXPIRING 30-JUN-2028 81,684,512 ADDO : OPTION EXPIRING 31-DEC-2027 45,634,017 ADDOA : OPTION EXPIRING 31-DEC-2025 27,135,930 3.2 Unquoted +equity securities (total number of each +class of +equity securities issued but not quoted on ASX) ASX +security code and description Total number of +securities on issue ADDAAI : OPTION EXPIRING 15-OCT-2029 EX $0.12 15,000,000 ADDAAJ : OPTION EXPIRING 15-OCT-2029 EX $0.24 15,000,000 ADDAAB : PERFORMANCE RIGHTS 2,137,500 Note: the figures stated in the tables above are used to calculate the total market capitalisation of the entity published by ASX from time to time. The table will not include those classes of +securities that have ceased or lapsed in their entirety in ASX records before the announcement date described in Q1.5, even if the entity has advised ASX of a change to that class of +security in Part 2 of this form.