Eastern Metals Returns Capital with Australian Gold and Copper Shares: What’s Next?

• Return of capital via in specie distribution of ~3.89 million AGC shares
• Distribution ratio approximately 1 AGC share per 36 EMS shares held
• Return conditional on shareholder approval and Tenement Sale Agreement conditions
• Key dates – effective date 8 Nov 2025, record date 13 Nov 2025, trading ex-return 12 Nov 2025