Announcement PDF ASX / Media Release 6 August 2026 Suite 114/115 Level 1, 165-167 Phillip St Sydney, NSW 2000 GPO Box 2733, Sydney NSW 2001 P. +61 (0) 2 8046 2799 | E. admin@venariminerals.com venariminerals.com Information Concerning Loyalty Options Venari Minerals NL (ASX: VMS) ("VMS", "Venari" or "the Company") provides the following information in relation to its pro rata non-renounceable entitlement offer of options (“Loyalty Options”), as announced on 20 July 2026: • Distribution schedule of Loyalty Option holders; • Top 20 Loyalty Option holders; and • Terms and conditions relating to the Loyalty Options. An Appendix 2A concerning allotment of the Loyalty Options has been lodged separately to this announcement. Authorisation This announcement has been authorised for release by the Joint Company Secretaires of Venari Minerals NL. Join the Venari Minerals Investor Hub Engage with Venari Minerals through accessing reports, presentations, interviews and other Company content. 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For further information, please contact: Tony Leibowitz Nicholas Read Executive Chair Media & Investor Relations E: tleibowitz@venariminerals.com T: +61 (0) 419 929 046 E: nicholas@readcorporate.com.au Attachment 1 Distribution Summary – Listed Options (VMSOA) Holdings Range Issuer Name: Venari Minerals NL Per Date: 06/08/2026 Date of Report: 06/08/2026 Security Class: VMSOA - OPTION @ $ 0.12 EXPIRING 7 AUG 2028 Range Share Holders Holdings Percentage 1 - 1000 291 127,455 1.25 1001 - 5000 211 552,578 5.41 5001 - 10,000 56 429,099 4.20 10,001 - 100,000 99 2,974,211 29.10 100,001 and above 15 6,135,817 60.04 Total 672 10,219,160 100.00 XCEND PTY LTD | ABN 11 662 440 959 | PO BOX R1905 ROYAL EXCHANGE NSW 1225 | E: SUPPORT@XCEND.CO | PH: +61 (2) 8591 8509 Attachment 2 Top 20 Option Holders - Listed Options (VMSOA) Top Holders - Grouped Issuer Name: Venari Minerals NL Per Date: 06/08/2026 Date of Report: 06/08/2026 Security Class: VMSOA - OPTION @ $ 0.12 EXPIRING 7 AUG 2028 Pos Group/Holder Name Holding % IC 1 HPG URBAN DEVELOPMENTS PTY LTD 1,872,045 18.32 2 KALONDA PTY LTD<LEIBOWITZ SUPER FUND A/C> 1,059,227 10.37 3 HSBC CUSTODY NOMINEES(AUSTRALIA) LIMITED 679,302 6.65 4 GUN CAPITAL MANAGEMENT PTY LTD 475,831 4.66 5 P&J BUTTIGIEG NOMINEES PTY LTD<BUTTIGIEG FAMILY A/C> 406,693 3.98 6 EDLOU INVESTMENTS PTY LTD 250,000 2.45 7 VALAMOON PTY LIMITED<VALAMOON PTY LTD S/F A/C> 233,333 2.28 8 BNP PARIBAS NOMSPTY LTD 201,427 1.97 9 MR DAVID ALAN STERN 192,000 1.88 10 MINING INVESTMENTS LIMITED 180,228 1.76 11 TONNIC PTY LIMITED<TONNIC A/C> 127,346 1.25 12 JSOL INVESTMENTS PTY LTD<JSOL SUPER FUND A/C> 124,691 1.22 13 MR BRADLEY CHARLES OGG 120,000 1.17 14 KAFTA ENTERPRISES PTY LTD<FAYAD SUPER FUND A/C> 111,844 1.09 15 CIRCLESTAR PTY LTD<DAVID SCHWARTZ FAMILY A/C> 101,850 1.00 16 MS DANIELLE SHARON TUDEHOPE 100,000 0.98 17 FLEET INVESTMENT FUND PTY LTD 85,106 0.83 18 SAADE SAADE &JAMIE SAADE<SJ SAADE FAMILY TRUST A/C> 85,000 0.83 19 JULIDA PTY LIMITED<STERN FAM SF A/C> 84,000 0.82 20 BNP PARIBAS NOMINEES PTY LTD<IB AU NOMS RETAILCLIENT> 83,837 0.82 TOTAL TOP 20 HOLDERS 6,573,760 64.33 TOTAL OTHER HOLDERS 3,645,400 35.67 TOTAL ISSUED CAPITAL 10,219,160 100.00 XCEND PTY LTD | ABN 11 662 440 959 | PO BOX R1905 ROYAL EXCHANGE NSW 1225 | E: SUPPORT@XCEND.CO | PH: +61 (2) 8591 8509 Attachment 3 Terms of Options - Listed Options (VMSOA) Suite 114/115 Level 1, 165-167 Phillip St Sydney, NSW 2000 GPO Box 2733, Sydney NSW 2001 P. +61 (0) 2 8046 2799 | E. admin@venariminerals.com RIGHTS AND LIABILITIES ATTACHING TO SECURITIES Terms of Loyalty Options (a) Entitlement Each Option entitles the holder to subscribe for one (1) Share upon exercise of the Loyalty Option. (b) Exercise Price Subject to paragraph (j), the amount payable upon exercise of each Loyalty Option will be $0.12 (Exercise Price) (c) Expiry Date Each Option will expire at 5:00 pm (AEST) on the date that is 2 years from the date of issue (Expiry Date). A Loyalty Option not exercised before the Expiry Date will automatically lapse on the Expiry Date. (d) Exercise Period The Loyalty Options are exercisable at any time on or prior to the Expiry Date (Exercise Period). (e) Notice of Exercise The Loyalty Options may be exercised during the Exercise Period by notice in writing to the Company in the manner specified on the Loyalty Option certificate (Notice of Exercise) and payment of the Exercise Price for each Loyalty Option being exercised in Australian currency by electronic funds transfer or other means of payment acceptable to the Company. (f) Exercise Date A Notice of Exercise is only effective on and from the later of the date of receipt of the Notice of Exercise and the date of receipt of the payment of the Exercise Price for each Loyalty Option being exercised in cleared funds (Exercise Date). (g) Timing of issue of Shares on exercise Within 5 Business Days after the Exercise Date, the Company will: (i) issue the number of Shares required under these terms and conditions in respect of the number of Loyalty Options specified in the Notice of Exercise and for which cleared funds have been received by the Company; (ii) if required, give ASX a notice that complies with section 708A(5)(e) of the Corporations Act, or, if the Company is unable to issue such a notice, lodge with ASIC a prospectus prepared in accordance with the Corporations Act and do all such things necessary to satisfy section 708A(11) of the Corporations Act to ensure that an offer for sale of the Shares does not require disclosure to investors; and (iii) if admitted to the official list of ASX at the time, apply for official quotation on ASX of Shares issued pursuant to the exercise of the Loyalty Options. If a notice delivered under (g)(ii) for any reason is not effective to ensure that an offer for sale of the Shares does not require disclosure to investors, the Company must, no later than 20 Business Days after becoming aware of such notice being ineffective, lodge with ASIC a prospectus prepared in accordance with the Corporations Act and do all such things necessary to satisfy section 708A(11) of the Corporations Act to ensure that an offer for sale of the Shares does not require disclosure to investors. (h) Minimum value to be Exercised At any time during the Exercise Period: (i) where a Loyalty Optionholder holds less than 10,000 Loyalty Options, they must exercise all of their Loyalty Options; or (ii) where a Loyalty Optionholder holds more than 10,000 Loyalty Options,the Loyalty Optionholder may only exercise a minimum of 10,000 Loyalty Options at any one point in time. (i) Shares issued on exercise Shares issued on exercise of the Loyalty Options rank equally with the then issued shares of the Company. (j) Reconstruction of capital If at any time the issued capital of the Company is reconstructed, all rights of a Loyalty Optionholder are to be changed in a manner consistent with the Corporations Act and the ASX Listing Rules at the time of the reconstruction. (k) Participation in new issues There are no participation rights or entitlements inherent in the Loyalty Options and holders will not be entitled to participate in new issues of capital offered to Shareholders during the currency of the Loyalty Options without exercising the Loyalty Options. (l) Change in Exercise Price A Loyalty Option does not confer the right to a change in Exercise Price or a change in the number of underlying securities over which the Loyalty Option can be exercised. (m) Transferability The Loyalty Options are transferable subject to any restriction or escrow arrangements imposed by ASX or under applicable Australian securities laws.