Announcement PDF Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 1 / 9 Announcement Summary Entity name KINGSTON RESOURCES LIMITED Date of this announcement Thursday November 27, 2025 The +securities the subject of this notification are: Total number of +securities to be issued/transferred ASX +security code Security description Total number of +securities to be issued/transferred Issue date New class - code to be confirmed FY26 Unlisted Service Fee Options (KSNOP19) 861,785 27/11/2025 New class - code to be confirmed Long Term Share Price Outperformance Options (KSNLTUOP21), expiring 31 August 2031 5,044,360 27/11/2025 New class - code to be confirmed Short Term Incentive Performance Options (KSNSTUOP20), expiring 31 August 2029 2,238,367 27/11/2025 Refer to next page for full details of the announcement +Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 2 / 9 Part 1 - Entity and announcement details 1.1 Name of entity KINGSTON RESOURCES LIMITED We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities. 1.2 Registered number type ABN Registration number 44009148529 1.3 ASX issuer code KSN 1.4 The announcement is 1.5 Date of this announcement 27/11/2025 New announcement Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 3 / 9 Part 2 - Issue details 2.1 The +securities the subject of this notification are: 2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which: does not have an existing ASX security code ("new class") +Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 4 / 9 Part 3C - number and type of +securities the subject of this notification (new class) ASX +security code New class - code to be confirmed +Security description FY26 Unlisted Service Fee Options (KSNOP19) +Security type Options ISIN code Date the +securities the subject of this notification were issued 27/11/2025 Will all the +securities issued in this class rank equally in all respects from their issue date? Were any of the +securities issued to +key management personnel (KMP) or an +associate? Provide details of the KMP or +associates being issued +securities. Name of KMP Name of registered holder Number of +securities Mick Wilkes Michael Francis Wilkes 369,333 Anthony Wehby Rosemary Wehby 246,226 Stuart Rechner Osmium Holdings Pty Ltd 246,226 Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1? Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. A summary of the FY26 Unlisted Service Fee Options is included in the 2025 Notice of Annual General Meeting. A copy of this document is available on the KSN website: https://kingstonresources.com.au/wp-content/uploads/2025/10/2972697.pdf Options Details +Security currency AUD - Australian Dollar Exercise price AUD 0.00000000 Expiry date 27/11/2028 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option KSN : ORDINARY FULLY PAID No Yes Yes Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 5 / 9 Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms A summary of the Employee Incentive Scheme is included in the 2024 Notice of Annual General Meeting. A copy of this document is available of the KSN website: https://kingstonresources.com.au/wp-content/uploads/2024/10/2802000.pdf Any other information the entity wishes to provide about the +securities the subject of this notification Securities issued under Listing Rule 7.2 exception 14. Issue details Number of +securities 861,785 ASX +security code New class - code to be confirmed +Security description Long Term Share Price Outperformance Options (KSNLTUOP21), expiring 31 August 2031 +Security type Options ISIN code Date the +securities the subject of this notification were issued 27/11/2025 Will all the +securities issued in this class rank equally in all respects from their issue date? Were any of the +securities issued to +key management personnel (KMP) or an +associate? Provide details of the KMP or +associates being issued +securities. Name of KMP Name of registered holder Number of +securities Andrew Corbett Milamar Group Pty Ltd 1,744,974 Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1? Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. A summary of the Long Term Share Price Outperformance Options is included in the 2025 Notice of Annual General Meeting. A copy of this document is available on the KSN website: https://kingstonresources.com.au/wp-content/uploads/2025/10/2972697.pdf Options Details +Security currency AUD - Australian Dollar Exercise price AUD 0.00000000 Expiry date 31/8/2031 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of No Yes Yes Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 6 / 9 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option KSN : ORDINARY FULLY PAID Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms A summary of the Employee Incentive Scheme is included in the 2024 Notice of Annual General Meeting. A copy of this document is available of the KSN website: https://kingstonresources.com.au/wp-content/uploads/2024/10/2802000.pdf Any other information the entity wishes to provide about the +securities the subject of this notification 3,299,386 securities issued under ASX Listing Rule 7.2 exception 13 and 1,744,974 securities issued under ASX Listing Rule 7.2 exception 14. Issue details Number of +securities 5,044,360 ASX +security code New class - code to be confirmed +Security description Short Term Incentive Performance Options (KSNSTUOP20), expiring 31 August 2029 +Security type Options ISIN code Date the +securities the subject of this notification were issued 27/11/2025 Will all the +securities issued in this class rank equally in all respects from their issue date? Were any of the +securities issued to +key management personnel (KMP) or an +associate? Provide details of the KMP or +associates being issued +securities. Name of KMP Name of registered holder Number of +securities Andrew Corbett Milamar Group Pty Ltd 697,990 Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1? Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. A summary of the Short Term Incentive Performance Options is included in the 2025 Notice of Annual General Meeting. A copy of this document is available on the KSN website: https://kingstonresources.com.au/wp-content/uploads/2025/10/2972697.pdf No Yes Yes Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 7 / 9 Options Details +Security currency AUD - Australian Dollar Exercise price AUD 0.00000000 Expiry date 31/8/2029 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option KSN : ORDINARY FULLY PAID Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms A summary of the Employee Incentive Scheme is included in the 2024 Notice of Annual General Meeting. A copy of this document is available of the KSN website: https://kingstonresources.com.au/wp-content/uploads/2024/10/2802000.pdf Any other information the entity wishes to provide about the +securities the subject of this notification 1,540,377 securities issued under ASX Listing Rule 7.2 exception 13 and 697,990 securities issued under ASX Listing Rule 7.2 exception 14. Issue details Number of +securities 2,238,367 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 8 / 9 Part 4 - +Securities on issue Following the issue, conversion or payment up of the +securities the subject of this notification, the +securities of the entity will comprise: The figures in parts 4.1 and 4.2 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. 4.1 Quoted +securities (Total number of each +class of +securities issued and quoted on ASX) ASX +security code and description Total number of +securities on issue KSN : ORDINARY FULLY PAID 840,040,383 4.2 Unquoted +securities (Total number of each +class of +securities issued but not quoted on ASX) ASX +security code and description Total number of +securities on issue KSNAAA : WARRANTS EXPIRING 07-JUL-2027 EX $0.0816 25,000,000 KSNAAC : WARRANTS EXPIRING 29-JUN-2028 EX $0.0816 35,714,286 KSNAS : OPTIONS EXPIRING 31-AUG-2028 EX NIL 2,909,427 KSNAAK : OPTION EXPIRING 29-NOV-2027 EX NIL 954,807 KSNAAM : OPTION EXPIRING 31-AUG-2030 EX NIL 7,550,274 KSNAAL : OPTION EXPIRING 31-AUG-2028 EX NIL 3,271,472 KSNAAJ : WARRANT EXPIRING 23-FEB-2028 EX $0.0879 69,726,166 KSNAAE : OPTION EXPIRING 31-AUG-2029 EX NIL 6,082,124 KSNAAF : OPTION EXPIRING 31-AUG-2027 EX NIL 60,849 New class - code to be confirmed : FY26 Unlisted Service Fee Options (KSNOP19) 861,785 New class - code to be confirmed : Long Term Share Price Outperformance Options (KSNLTUOP21), expiring 31 August 2031 5,044,360 New class - code to be confirmed : Short Term Incentive Performance Options (KSNSTUOP20), expiring 31 August 2029 2,238,367 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 9 / 9 Part 5 - Other Listing Rule requirements 5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? 5.1a Select the number of the applicable exception in Listing Rule 7.2 14 Yes