EUROPA METALS LIMITED - Implementation of the Consolidation and Updated Salient Dates and Times in respect of the Proposed Transaction

Implementation of the Consolidation and Updated Salient Dates and Times in respect of the Proposed Transaction

Europa Metals Ltd
(Incorporated and registered in Australia and registered as
an external company in the Republic of South Africa)
(Registration number 4459850)
(External company registration number 2011/116305/10)
Share code on the JSE: EUZ
ISIN: AU0000484420
("Europa Metals" or “the Company”)

IMPLEMENTATION OF THE CONSOLIDATION AND UPDATED SALIENT DATES AND TIMES IN
RESPECT OF THE PROPOSED TRANSACTION

1.      Introduction
Shareholders are referred to the notice of general meeting of the Company dated 13 August 2026 (“the
Notice”) and to the announcement released on SENS on 8 September 2026 in respect of the results of the
general meeting and the finalisation information relating to the consolidation of the Company’s issued
ordinary share capital on a 12 to 1 basis (“the Consolidation”).

Capitalised terms used but not defined in this announcement bear the meanings ascribed to them in the
Notice.

2.      Implementation of the Consolidation
Shareholders are advised that the Consolidation was implemented in accordance with the salient dates
and times previously announced and became effective on both the Australian and South African share
registers on Monday, 21 September 2026 and approved by the JSE today, 23 September 2026.

The Shares commenced trading on the JSE under the new ISIN on a post-Consolidation basis on
Wednesday, 16 September 2026, being the ex-date, and the record date for the Consolidation was Friday,
18 September 2026. The accounts of Shareholders holding Shares in dematerialised form were credited
with their post-Consolidation shareholdings by their CSDPs or brokers on Monday, 21 September 2026.

The effect of the Consolidation on the issued share capital of the Company is set out below:

                                                                                     Number of Shares
 Shares in issue before the Consolidation (ISIN:                                            102 171 790
 AU0000090060)
 Shares in issue after the Consolidation (ISIN:                                                8 517 804
 AU0000484420)


Where a fractional entitlement arose, that fraction was rounded up to the nearest whole Share, with the
result that no Shareholder’s rights were eliminated as a consequence of the Consolidation. The
Consolidation applied equally to all Shareholders and, accordingly, individual shareholdings were reduced
in the same ratio as the total number of Shares in issue, subject to rounding. The Consolidation did not
result in any change to the substantive rights and obligations of Shareholders.

Cross-border movements between the Australian and South African share registers recommenced on a
post-Consolidation basis on Monday, 21 September 2026.

3.      Updated salient dates and times in respect of the Proposed Transaction
Shareholders are advised that certain of the remaining salient dates and times in respect of the Proposed
Transaction have been amended in order to accommodate the ASX admission process. The updated
salient dates and times are set out below:
    Event                                                                   2026
    Latest date to receive the conditional admission letter from the ASX    Monday, 28 September

    Board meeting to determine whether the Company can satisfy the
    ASX admission requirements*
    Delivery versus Payment settlement for the Public Offer*                Tuesday, 29 September
    Completion of the Acquisition and issue of securities under the         Wednesday, 30
    Public Offer                                                            September
    Proposed Constitution becomes effective

    Public Offer funds available to the Company
    Dispatch of post-Consolidation and Public Offer issuer sponsored        Friday, 2 October
    holding statements and CHESS confirmation advices to
    Shareholders on the Australian share
    Admission to the ASX                                                    Tuesday, 6 October
    Trading of Shares commences on the ASX                                  Thursday, 8 October

*           New event, not previously included in the salient dates and times.

Notes
1.     All times referred to in this announcement are South African times, unless otherwise stated.
2.     The salient dates and times set out above are indicative only and may change, subject to applicable
       law and the listings requirements of the JSE and the ASX. Any changes will be released on SENS.
3.     Shareholders are referred to the Notice for the full terms of the Proposed Transaction.


For further information on the Company, please visit www.europametals.com or contact:

Europa Metals Ltd
Dan Smith, Non-Executive Director and Company Secretary (Australia)
T: +61 8 9486 4036
E: dsmith@europametals.com

Myles Campion, Executive Chairman and acting CEO (UK)
T: +44 (0) 20 7628 3396
E: mcampion@europametals.com

Questco Corporate Advisory Proprietary Limited (JSE Sponsor)
23 September 2026

Date: 23/09/2026 10:17:00
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