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 / 10 Announcement Summary Entity name FIREBIRD METALS LIMITED Date of this announcement Tuesday December 30, 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 FRBAD PERFORMANCE RIGHTS 7,200,000 30/12/2025 New class - code to be confirmed Options exercisable at $0.30 expiring 30 December 2028 3,000,000 30/12/2025 New class - code to be confirmed Options exercisable at $0.40 expiring 30 December 2028 3,000,000 30/12/2025 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 / 10 Part 1 - Entity and announcement details 1.1 Name of entity FIREBIRD METALS 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 24610035535 1.3 ASX issuer code FRB 1.4 The announcement is 1.5 Date of this announcement 30/12/2025 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 / 10 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") does not have an existing ASX security code ("new class") has an existing ASX security code ("existing 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 / 10 Part 3B - number and type of +securities the subject of this notification (existing class) where issue has not previously been notified to ASX in an Appendix 3B ASX +security code and description FRBAD : PERFORMANCE RIGHTS Date the +securities the subject of this notification were issued 30/12/2025 Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class 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 Ronald Mitchell Mr Ronald Mitchell 4,000,000 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 https://announcements.asx.com.au/asxpdf/20251029/pdf/06r7d0dntkmd1v.pdf Any other information the entity wishes to provide about the +securities the subject of this notification 2,000,000 vesting on the Company achieving a share price of $0.50 based on a 5 day VWAP expiring 30 June 2027 1,000,000 vesting on signing of a binding joint development agreement with a Western counterparty regarding development of the Company¿s patented kiln technology for application in a non-manganese industry expiring 31 December 2027 1,000,000 vesting on signing of a binding agreement with a Western counterparty for the commercialisation of the Company¿s LMFP battery materials technology expiring 30 June 2028 Issue details Number of +securities 4,000,000 ASX +security code and description FRBAD : PERFORMANCE RIGHTS Date the +securities the subject of this notification were issued 30/12/2025 Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class 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 / 10 Were any of the +securities issued to +key management personnel (KMP) or an +associate? 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 https://announcements.asx.com.au/asxpdf/20251029/pdf/06r7d0dntkmd1v.pdf Any other information the entity wishes to provide about the +securities the subject of this notification See Annexure 1 of announcement dated 24 June 2025 Issue details Number of +securities 3,200,000 No 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 / 10 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 Options exercisable at $0.30 expiring 30 December 2028 +Security type Options ISIN code Date the +securities the subject of this notification were issued 30/12/2025 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 Ron Mitchell Mr Ronald Mitchell 2,000,000 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. Options Details +Security currency AUD - Australian Dollar Exercise price AUD 0.30000000 Expiry date 30/12/2028 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option FRB : 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 https://announcements.asx.com.au/asxpdf/20251029/pdf/06r7d0dntkmd1v.pdf Any other information the entity wishes to provide about the +securities the subject of this notification 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 / 10 Issue details Number of +securities 3,000,000 ASX +security code New class - code to be confirmed +Security description Options exercisable at $0.40 expiring 30 December 2028 +Security type Options ISIN code Date the +securities the subject of this notification were issued 30/12/2025 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 Ron Mitchell Mr Ronald Mitchell 2,000,000 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. Options Details +Security currency AUD - Australian Dollar Exercise price AUD 0.40000000 Expiry date 30/12/2028 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option FRB : 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 https://announcements.asx.com.au/asxpdf/20251029/pdf/06r7d0dntkmd1v.pdf Any other information the entity wishes to provide about the +securities the subject of this notification 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 8 / 10 Issue details Number of +securities 3,000,000 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 / 10 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 FRB : ORDINARY FULLY PAID 177,428,066 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 FRBAH : OPTION EXPIRING 06-DEC-2028 EX $0.40 12,500,000 FRBAG : OPTION EXPIRING 06-DEC-2028 EX $0.30 12,500,000 FRBAE : OPTION EXPIRING 30-NOV-2026 EX $1.00 12,000,000 FRBAD : PERFORMANCE RIGHTS 9,400,000 New class - code to be confirmed : Options exercisable at $0.30 expiring 30 December 2028 3,000,000 New class - code to be confirmed : Options exercisable at $0.40 expiring 30 December 2028 3,000,000 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 10 / 10 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 13 Yes