Announcement PDF 23 No ve m b e r 2023 Ha stin gs Te ch n o lo gy Me ta ls Lim ite d (ASX:HAS) (‘Ha st ings ’ o r th e ‘Com pa ny’), issu e d a to ta l o f 6.5 m illio n fu lly p a id o rd in a ry sh a re s (Sh a re s) to Alp h a In ve stm e n t Pa rtn e rs Pty Ltd o n 23 No ve m b e r 2023 a s co lla te ra l fo r th e ATM fa cility a n n o u n ce d o n 22 No ve m b e r 2023. Th e sh a re s we re issu e d a t n o co n sid e ra tio n a n d u tilise th e Co m p a n y’s e xistin g p la ce m e n t ca p a city a va ila b le u n d e r Listin g Ru le 7.1. No t ice p u r s u a n t t o Se ct io n 708A(5)(e ) o f t h e Co r p o r a t io n s Act 2001 Th e Co rp o ra tio n s Act 2001 (Cth ) (Co rp o ra tio n s Act) re stricts th e o n -sa le o f se cu ritie s issu e d with o u t d isclo su re , u n le ss th e sa le is e xe m p t u n d e r se ctio n 708 o r 708A o f th e Co rp o ra tio n s Act. By givin g th is n o tice , th e issu e o f th e sh a re s (to ge th e r, th e Sh a re s) will fa ll with in th e e xe m p tio n in se ctio n 708A(5) o f th e Co rp o ra tio n s Act. Pu rsu a n t to se ctio n 708A(5)(e ) o f th e Co rp o ra tio n s Act, th e Co m p a n y give s n o tice th a t: a) th e Co m p a n y issu e d th e Sh a re s with o u t d isclo su re u n d e r Pa rt 6D.2 o f th e Co rp o ra tio n s Act; a n d b) a s a t th e d a te o f th is n o tice , th e Co m p a n y h a s co m p lie d with th e p ro visio n s o f Ch a p te r 2M o f th e Co rp o ra tio n s Act a s th e y a p p ly to th e Co m p a n y; a n d se ctio n 674 o f th e Co rp o ra tio n s Act; a n d c) a s a t th e d a te o f th is n o tice th e re is n o in fo rm a tio n : i. th a t h a s b e e n e xclu d e d fro m a co n tin u o u s d isclo s u re n o tice in a cco rd a n ce with th e ASX Listin g Ru le s; a n d ii. th a t in ve sto rs a n d th e ir p ro fe ssio n a l a d viso rs wo u ld re a so n a b ly re q u ire fo r th e p u rp o se o f m a kin g a n in fo rm e d a sse ssm e n t o f: a . Th e a sse ts a n d lia b ilitie s, fin a n cia l p o sitio n a n d p e rfo rm a n ce , p ro fits a n d lo sse s a n d p ro sp e cts o f th e Co m p a n y; o r b . Th e righ ts a n d lia b ilitie s a tta ch in g to th e Sh a re s. Au th o rise d b y th e Bo a rd fo r re le a se to th e ASX. FOR FURTHER INFORMATION CONTACT: Ch a r le s Le w Exe cu tive Ch a irm a n +65 62209220 MEDIA ENQUIRIES: St e p h a n ie Va n ice k Co m m u n ica tio n s Ma n a ge r +61 405 183 237 Pa u l Br o w n Ch ie f Exe cu tive Office r +61 8 6117 8605 Te ck Lim Ch ie f Fin a n cia l Office r +61 8 6117 6118 ABOUT HASTINGS TECHNOLOGY METALS LIMITED Ha stin gs Te ch n o lo gy Me ta ls Lim ite d is a Pe rth -b a se d ra re e a rth s co m p a n y p rim e d to b e co m e th e wo rld ’s n e xt p ro d u ce r o f n e o d ym iu m a n d p ra se o d ym iu m co n ce n tra te (“Nd Pr”). Nd Pr a re vita l co m p o n e n ts in th e m a n u fa ctu re o f p e rm a n e n t m a gn e ts u se d e ve ry d a y in a d va n ce d te ch n o lo gy p ro d u cts ra n gin g fro m e le ctric ve h icle s to win d tu rb in e s, ro b o tics, m e d ica l a p p lica tio n s, a n d d igita l d e vice s. Ha stin gs’ fla gsh ip Ya n gib a n a Ra re Ea rth s Pro je ct lo ca te d in th e Ga sco yn e a n d Pilb a ra re gio n s o f We ste rn Au stra lia , co n ta in s o n e o f th e m o st h igh ly va lu e d Nd Pr d e p o sits in th e wo rld with Nd Pr to To ta l Ra re Ea rth Oxid e ra tio o f u p to 52% in so m e a re a s o f th e o re b o d y. Th e Ya n gib a n a Pro je ct will b e d e ve lo p e d in two sta ge s with a n in itia l fo cu s o n th e co n stru ctio n o f th e Ya n gib a n a m in e a n d b e n e ficia tio n p la n t to p ro d u ce 37,000 to n n e s p e r a n n u m o f m ixe d ra re e a rth co n ce n tra te , fo llo we d b y th e co n stru ctio n o f a h yd ro m e ta llu rgica l p la n t in On slo w with th e ca p a city to p ro ce ss 15,000 to n n e s p e r a n n u m o f Mixe d Ra re Ea rth Ca rb o n a te *. Th e Ya n gib a n a Pro je ct is p e rm itte d fo r lo n g-life p ro d u ctio n a n d with o ffta ke co m m itm e n ts a n d d e b t fin a n ce b e in g fin a lise d . Ha stin gs h o ld s a stra te gic 20.4% sh a re h o ld in g in TSX-liste d Ne o Pe rfo rm a n ce Ma te ria ls, a le a d in g glo b a l ra re e a rth p ro ce ssin g a n d a d va n ce d p e rm a n e n t m a gn e ts p ro d u ce r, p ro vid in g th e Co m p a n y with th e o p p o rtu n ity to e xp lo re o p p o rtu n itie s to cre a te a m in e -to -m a gn e t su p p ly ch a in . Ha stin gs a lso o wn s a n d op e ra te s th e Bro ckm a n p ro je ct, Au stra lia ’s la rge st h e a vy ra re e a rth s d e p o sit, n e a r Ha lls Cre e k in th e Kim b e rle y. Fo r m o re in fo rm a tio n , p le a se visit www.h a stin gste ch m e ta ls.co m *Se e ASX a n n o u n ce m e n t 6 Fe b ru a ry 2023. Th e Co m p a n y is n o t a wa re o f a n y n e w in fo rm a tio n o r d a ta th a t m a te ria lly a ffe cts th e in fo rm a tio n in clu d e d in th e 6 Fe b ru a ry 2023 a n n o u n ce m e n t a n d a ll m a te ria l a ssu m p tio n s a n d te ch n ica l p a ra m e te rs u n d e rp in n in g th e p ro d u ctio n ta rge t in th e re le va n t m a rke t a n n o u n ce m e n t co n tin u e s to a p p ly a n d h a s n o t m a te ria lly ch a n ge d .