Announcement PDF Page 1 of 15 30 April 2026 QUARTERLY ACTIVITIES REPORT FOR THE PERIOD ENDED 31 MARCH 2026 HIGHLIGHTS • Thailand Hydromet Plant acquisition: Binding term sheet signed with Enuo Holding Pte Ltd (“Enuo”) to acquire 49% interest in a fully permitted hydrometallurgical Mixed Rare Earth Chloride (“MREC”) processing plant in Kabin Buri, Thailand. • Secured investment under favourable terms: Total consideration of the Thai Plant capped at US$15M, structured primarily as Hastings shares and production-contingent deferred payments. • Accelerated production timeline: Acquisition of the Thai Plant establishes Hastings as a near-term MREC production hub, targeting Q4 CY2026 first production and cash flow using third party feedstock. • Enuo Technical Services and Research Agreement: Technical Services and Research Agreement signed with Enuo to undertake targeted metallurgical and beneficiation test work on ore from Yangibana and Brockman Projects, with a focus on optimising rare earth recovery including its niobium by-product. • Subsequent to Quarter ended, African Monazite feedstock secured: On 14 April 2026, Hastings executed a Framework Offtake Agreement with Enuo for the supply of a minimum 5,000t tonnes per annum (tpa) of African Monazite Concentrate (≥54% TREO) to the Thailand plant. Initial shipments are expected to support commissioning activities from Q2 CY2026, targeting Q4 CY2026 first production. • Thai Hydromet Plant flowsheet revealed: On 22 April 2026, Hastings confirmed the seven-stage process flowsheet, and Year 1 and 2 financial projections. Hastings Technology Metals Ltd (ASX:HAS) (“Hastings” or “the Company”), focused rare earth elements and critical minerals company, is pleased to present its Quarterly Activities Report for the three-month period ended 31 March 2026 (“Quarter”). Hastings’ Chief Executive Officer, Vince Catania commented: ”The March quarter marks a decisive turning point for Hastings. Investing in the Thailand hydromet plant is a major transformative step – one that gives us access to a, fully permitted MREC facility at a fraction of the cost of constructing a plant from the ground up and positions us to generate cash flow before Yangibana comes online. With African monazite feedstock now secured under an agreement with our technical partner Enuo, we have a clear line of sight to start commissioning in mid-2026 and first production by Q4. At the same time, the Yangibana JV continues to progress, and our rare earth and niobium optimisation test work programme with Enuo is advancing in parallel. Hastings is now executing across multiple value-creating fronts simultaneously – low capex, low risk, and a clear pathway to early cashflow for our shareholders.” Page 2 of 15 THAILAND HYDROMET PLANT ACQUISTION1 The signing of a binding term sheet on 31 March 2026 to acquire a 49% interest in the hydrometallurgical MREC plant in Kabin Buri, Thailand, from Enuo Holdings Pte Ltd (“Enuo”) marked a significant strategic development for Hastings during the Quarter. Enuo is a Singapore-based critical minerals group with downstream processing operations in Southeast Asia, Africa, China and Japan. Figure 1: Location of Thai MREC Processing Plant The Thai Plant – Kabin Buri The processing facility, located in Kabin Buri, in the province of Prachin Buri, Thailand is a purpose-built hydrometallurgical plant designed to process rare earth concentrate feedstock and produce Mixed Rare Earth Chloride (MREC). Key attributes include: • Fully licensed and permitted: Thai factory license, water approvals, and all supporting site infrastructure in place. • Current and expandable capacity: Current capacity of 6,000 tpa MREC output, expandable to 36,000 tpa MREC from 2028, within an 80,000 sqm site consisting of four existing buildings totalling 10,000 sqm. 1 See HAS ASX Announcement Hastings Acquires Hydromet Plant”” dated 31 March 2026 Page 3 of 15 • Logistics advantage: Located 175km by road from Laem Chabang Deep Water Port, one of Southeast Asia’s largest container ports, providing direct water-to-water connectivity to Australia, China, Japan, Korea, Europe and the United States. • Lower operating cost environment: Thailand offers materially lower industrial electricity costs (ca. US$0.11/kWh versus US$0.18-0.25/kWh for remote WA), competitive reagent pricing, and potential Board of Investment Thailand (“BOI”) tax incentive of up to 13 years corporate income tax exception and other tax related incentives (subject to BOI approval). • MREC chloride advantage: MREC chloride dissolves more efficiently than carbonate equivalents, requires lower reagent consumption in downstream separation circuits, and produces a cleaner feed for oxide refining, increasingly preferred by many customers in US, Europe and Asia. Consideration Structure The total consideration is capped at US$15M and is structured to minimise upfront capital cash outlay and align payments to production milestones. See Table 1 below: Component Amount Notes Deposit paid US$0.5m Paid upon signing. Refundable in full if the transaction does not complete (subject to unwind mechanics). Deducted from Total Consideration. Hastings Equity (at Closing) US$8.0m 23m HAS shares fixed at A$0.50 per share. Represents approximately 8% of fully diluted share capital. Subject to ASX Listing Rules. Commissioning Costs ~US$1.0m Funded solely by Enuo and credited against the Total Consideration, reducing the cash payable by Hastings (including any excess above US$1m). Deferred Cash (production-contingent) ~US$5.5m Payable in three annual instalments, subject to satisfaction of the Production Trigger. No instalment is payable unless all Production Trigger conditions are met, with any unpaid instalments deferred until satisfied(i) . TOTAL CONSIDERATION US$15m (max) Total Consideration shall not exceed US$15m in any event. (i) The Production Trigger requires all of the following conditions to be met concurrently and verified: (i) Thai Plant operating at ≥70% nameplate for 30 consecutive days; (ii) on-spec, saleable MREC produced; (iii) delivery to third- party customers with confirmed payment receipts; (iv) no unresolved material operational failure. If any of these conditions are not satisfied, the instalment payments is deferred until satisfied. Page 4 of 15 Table 3: Estimated key input costs against typical Western benchmarks COST CATEGORY THAILAND (Est 2026) NOTES Plant Operator (Blue Collar)1 ฿21,000–฿28,000/month (~US$570–760) Substantially lower than Western Australia (“WA”), where comparable roles often exceed US$5,000–7,000/month Industrial Electricity2 ~3.90 THB/kWh (~US$0.11) 30–50% lower than remote grid or diesel- generated power at WA isolated mine sites Hydrochloric Acid (HCl)3 ~US$50/mt Significantly below North American benchmark pricing of ~US$200+/mt Caustic Soda (NaOH)4 US$380–400/mt (CFR SEA) Sourced from local petrochemical clusters at 60–70% discount to Western markets Engineering & Technical Talent5 40,000+ engineering graduates annually Thailand’s EEC specifically targets Smart Manufacturing and Advanced Industrial sectors Sources: 1. JobsDB Thailand, April 2026; ERI Economic Research Institute. Figures are indicative for industrial operators in Thailand and will vary by role, experience, and location within industrial zones. 2. Nation Thailand (January–April 2026 tariff: 3.88 THB/kWh); The Pattaya News (May–August 2026 tariff: 3.95 THB/kWh). Flat-rate industrial tariff; actual cost under Time-of-Use pricing may vary. 3. IMARC Group Hydrochloric Acid Pricing Report; OpenPR/IMARC March 2026 Asia pricing report (~US$49.90/mt, Japan and Southeast Asia). North American benchmark: US$200+/mt. 4. Elchemy Caustic Soda Price Index (January 2026); Procurement Resource. CFR Southeast Asia, dry basis. Prices as at Q3–Q4 2025; indicative of prevailing market conditions. 5. MHESI Higher Education Statistics Report and TDRI Labor Market Analysis for the Eastern Economic Corridor Report. Page 5 of 15 GROWTH STRATEGY & EXPANSION ROADMAP Table 2: Hydromet Plant Indicative Commissioning & Production Timeline TARGET DATE MILESTONE DETAILS 14 April 2026 Feedstock secured Framework Offtake with Enuo signed. Africa Monazite Concentrate supply confirmed. First shipment arriving Laem Chabang for commissioning - late May 2026. June 2026 Commissioning commences Kabin Buri Hydromet Plants enters commissioning phase. Q4 2026 Phase 1: First MREC production 6,000 tpa MREC at 45% TREO from 5,000 tpa Monazite Concentrate. Q4 2027 Phase 2: expansion Planned expansion to 12,000 tpa MREC1 Q4 2027 onwards Phase 3: scale-up Planned expansion: Commence plant design and scale up to 36,000 tpa MREC Q4 2028 Full production Anticipated expansion: Full scale-up MREC production volume of 36,000 tpa 1. Phase 2 planned capacity expansion timeline and scale subject to commercial and operational review. The Company will provide further details as development progresses. The Kabin Buri facility is designed for modular expansion, allowing the Company to scale operations in direct alignment with global demand and the onboarding of diverse feedstock sources. This staged development strategy is categorised as follows: Phase 1: Confirmed Near-Term Production (6,000 tpa MREC) • Focus remains on the immediate commissioning and stabilization of the existing facility using secured third-party feedstock. Phase 2: Planned Capacity Increase (12,000 tpa MREC) • The Company has identified the technical potential to double current output to 12,000mt MREC output in Year 2. Planning for the next phase will soon commence with external feedstock suppliers and the completion of necessary technical and optimization studies. Phase 3: Yangibana Joint Venture Project • This represents an important advancement for Yangibana where, in future, it is envisaged that Yangibana concentrate is shipped to Hastings owned hydromet plant in Thailand for processing to support MREC production increase and value add. It provides for an owner- operator source of feedstock to the Hydromet Plant which supports a secure route to market for one of the world’s highest-grade NdPr deposits. Page 6 of 15 • Hastings is working closely with its Joint Venture Partner Wyloo on this approach. We anticipate progressing this opportunity for the Joint Venture as it is mutually beneficial to accelerate developments to take advantage of growing demand for rare earth magnets. Cautionary Statement on Expansion Plans: The production targets for Phase 2 (Years 2 through 3) are currently classified as aspirational. These targets represent the Company’s current internal roadmap and are based on the successful integration of future feedstock. The realization of these volumes remains subject to further technical feasibility studies, regulatory permitting for increased throughput, the execution of binding feedstock agreements, and the securing of required expansion funding. Thailand Strategic Context The US-Thailand Government Critical Minerals Agreement (MOU signed October 2025) to diversify global critical minerals supply chains supports Hastings’ positioning as a strategic processing partner in Thailand. The Thai government’s 30@30 policy (30% of domestic vehicle production to be electric by 2030) further reinforces the strategic industrial alignment. Thailand’s Board of Investment (BOI) promotion, if approved, would provide corporate income tax exemption for 8-13 years, exemption from import duties on machinery and equipment, and VAT exemptions for eligible inputs. BOI approval has not been confirmed as at the date of this report. ENUO TECHNICAL SERVICES AND RESEARCH AGREEMENT2 In January 2026, Hastings executed a Technical Services and Research Agreement with Enuo to undertake targeted metallurgical and beneficiation test work on ore from the Yangibana Rare Earths and Niobium Project (Gascoyne, WA) and the Brockman Rare Earths and Niobium Project (East Kimberley, WA). Program Objectives • Evaluate recovery and process development for by-products, with a primary focus on niobium, alongside core NdPr production at Yangibana. • Define an improved beneficiation flowsheet integrating rare earth and by-product recovery across Yangibana and Brockman. • Assess flotation behaviour, reagent regimes and product recovery routes to support future offtake discussions and commercialisation. • Assess the technical feasibility and commercial viability of shipping beneficiated material to overseas processing plants. Niobium Context On 4 September 2024, Hastings reported a Maiden Niobium Mineral Resource Estimate for Yangibana of 6.74Mt @ 2,305ppm Nb₂O₅ (15,521t Nb₂O₅), confirming material by-product scale. The Brockman Project hosts a JORC Mineral Resource of 41.6Mt @ 3,540ppm Nb₂O₅. Niobium is classified as a critical mineral across multiple jurisdictions due to its essential application in high-strength steel, advanced manufacturing, defence and energy-transition technologies. The Enuo programme is designed to generate transferable learnings across both assets via a shared, capital-efficient pathway – advancing Brockman’s commercial case in parallel with the Yangibana by- product flowsheet. 2 See HAS ASX Announcement “Technical Service and Research Agrmt Targets Value Uplift” dated 27 January 2026 Page 7 of 15 Enuo brings downstream processing expertise across Africa, China, Japan and Southeast Asia, with business partners having more than 30 years’ experience in rare earth processing. The agreement specifically targets flotation, crushing, milling, magnetic separation, niobium recovery behaviour, reagent schemes and impurity management. YANGIBANA RARE EARTHS AND NIOBIUM PROJECT3 (HASTINGS 40% | WYLOO 60%) Project Summary • Ownership: 40% Hastings / 60% Wyloo • JORC Ore Reserve: 20.93Mt @ 0.90% TREO (0.33% Nd₂O₃+Pr₆O₁₁) • NdPr-to-TREO ratio: Average 37%; up to 52% in some areas of the orebody • Mine life: 17 years (minimum) • Yangibana output: Up to 37,000 tpa mixed rare earth concentrate • Permit Status: Fully permitted for immediate development • Infrastructure invested: ~A$160M in supporting infrastructure (airstrip, water bores, communications, long-lead equipment) Quarter Activities During the quarter, activities at Yangibana focused on: • Engineering and mine plan review: The Hastings and Wyloo technical teams continued to review and optimise the life-of-mine plan and detailed engineering packages to maximise project value ahead of FID. • Processing pathway development: Ongoing evaluation of processing optionality, including the potential for Yangibana concentrate to be processed at the Thailand plant following the acquisition announced at quarter end. • Niobium program initiation: Commencement of the Enuo metallurgical programme covering Yangibana ore, targeting by-product recovery insights to complement the core NdPr production strategy. BROCKMAN RARE EARTHS AND NIOBIUM PROJECT3 (100% HASTINGS) The Brockman Rare Earths and Niobium Project (16km southeast of Halls Creek, East Kimberley, WA) hosts a JORC Mineral Resource of 41.6Mt @ 0.35% Nb₂O₅, alongside heavy rare earths, zirconium and hafnium. During the quarter, the Enuo Technical Services and Research Agreement was extended to cover Brockman ore test work. The programme is designed to generate transferable metallurgical learnings across Yangibana and Brockman, with a focus on niobium recovery, flotation behaviour and downstream logistics – creating a shared, capital-efficient pathway to advance both assets. 3 Hastings confirms that all material assumptions underpinning the Ore Reserves supporting the Life of Mine Plan in ASX release dated 6 February 2023, forecast financial information and production targets in the ASX release dated 31 May 2023 and supplemented by the 16 February 2024 ASX release continue to apply and have not materially changed. In addition, production targets and forecast financial information are based on Ore Reserves and Mineral Resources (Measured and Indicated), and no inferred mineral resources nor exploration target is included. Page 8 of 15 SUBSEQUENT EVENT – AFRICAN MONAZITE FEEDSTOCK SECURED4 The following event occurred after 31 March 2026 and is reported as material subsequent information. On 14 April 2026, Hastings executed a Framework Offtake Agreement with Enuo for the supply of African-sourced Monazite Concentrate to the Thailand plant. This agreement secures the raw material feedstock required to commission and operate the Hydromet Plant. Key Terms • Product: African Monazite Concentrate • Minimum TREO grade ≥54% TREO (dry basis) • Rare earth distribution (indicative): NdPr: ~20.0% of TREO; Dy+Tb: ~1.0–1.3% of TREO • Minimum annual volume: 5,000 metric tonnes per annum • Delivery terms: CIF Laem Chabang, Thailand (Incoterms 2020) • Initial term: 2 years from Effective Date; option to extend 1 year • Price basis: USD; monthly average index pricing A first shipment of African monazite concentrate is scheduled to arrive at Laem Chabang in late May/early June 2026, coinciding with planned commissioning commencement at the Thailand plant in June 2026. The agreement provides Hastings with a clear pathway to MREC production and operational cash flow by Q4 CY2026, ahead of Yangibana coming online. SUBSEQUENT EVENT – THAI HYDROMET PLANT FLOWSHEET REVEALED5 The following event occurred after 31 March 2026 and is reported as material subsequent information. On 22 April 2026, Hastings provided a comprehensive overview of the proprietary caustic-leach hydrometallurgical process flowsheet for the Thailand Hydromet Plant (see Figure 2). The announcement confirmed commissioning is on track for June 2026, with first MREC flake production targeted for Q4 CY2026. Key details disclosed include: • A proven seven-stage caustic cracking hydrochloric acid leaching process converts 5,000 tpa of Monazite Concentrate (≥54% TREO) into premium-grade MREC flakes at Phase 1 nameplate output of 6,000 tpa. • Year 1 revenue projected at US$53.4M generating estimated pretax profits of US$21.6M (Hastings’49% interest: US$10.6M). (unaudited management estimates; subject to assumptions disclosed in the ASX announcement). • Following a planned 5,000 tpa input capacity expansion (estimated cost: US$3M), production scales to 12,000 tpa MREC output from Year 2, with projected annual revenue estimated at US$106.8M ad pretax profits of US$43.8M (Hastings’ 49%: US$21.5M). (unaudited management estimates). • MREC Chloride commands approximately 27% price premium over carbonate-based equivalents on current Shanghai Metals Market (SMM) index pricing, reflecting its preferred status with downstream oxide separation customers in the US, Europe and Asia. 4 See HAS ASX Announcement “Hastings Secures Monazite Feedstock for Thai Hydromet Plant” dated 17 April 2026 5 See HAS ASX Announcement “Hastings Reveals Thai Hydromet Plant Flowsheet” dated 22 April 2026 Page 9 of 15 • The Hydromet Plant acquisition remains in due diligence, with target completion in June 2026. 80% of plant equipment has been delivered to site and the facility is fully permitted with site infrastructure in place. • The process is designed to seamlessly accommodate feedstock from multiple sources, including African monazite concentrate and in future, Yangibana rare earth concentrate, supporting Hastings’ long-term mine-to-market strategy in partnership with Wyloo. Note: The financial projections disclosed in this announcement are unaudited management estimates only. They have not been reviewed or audited by an independent third party and actual results may differ materially. The Company is currently progressing negotiations with tier-1 global partners for MREC offtake and has not entered into any binding MREC sales agreements. Investors should not place undue reliance on these projections. Figure 1: Thai Plant Seven Stage Processing Flowsheet Page 10 of 15 Table 4: Hastings MREC Hydromet Plant Indicative 3-Year Summary (USD’000) (Unaudited Management Estimates) UNIT Year Year Year 1 2 3 Concentrate input Concentrate input (Phase 1) tonnes 5,000 5,000 5,000 Concentrate input (Phase 2) tonnes - 5,000 5,000 Total Concentrate input tonnes 5,000 10,000 10,000 Mixed Rare Earth Chloride Output MREC (Phase 1) tonnes 6,000 6,000 6,000 MREC (Phase 2) tonnes - 6,000 6,000 Total MREC produced tonnes 6,000 12,000 12,000 Financials Gross revenue USD'000 53,400 106,800 106,800 Processing and Feedstock Costs USD'000 28,105 56,294 56,380 Operating Costs USD'000 3,395 6,416 6,544 Profit before Tax USD'000 21,600 43,790 43,576 Profit before Tax (HAS 49%) USD'000 10,584 21,457 21,352 Note: Phase 2: 5,000 tpa input capacity upgrade assumes a one-off capital cost of US$3M incurred in Year 1 to design, install and commission additional processing capacity. Installation and commissioning activities occur throughout Year 1, including testing in the latter part of the year. For conservatism, no incremental production from this additional capacity has been assumed until Year 2. Accordingly, increased production from Year 2 reflects utilisation of capacity installed in Year 1, with no additional capital expenditure required in Years 2 and 3. Profit before Tax is stated after depreciation and amortisation of approximately US$0.3M per annum. HAS portion represents 49% of Profits before Tax. FINANCIAL POSITION The Company held cash and cash equivalents of $2.0 million as at 31 March 2026 (prior quarter: $4.9 million) excluding cash from the exercise of options expiring 30 April. During the quarter, net cash used in operating activities was $1.3 million, comprising staff costs of $0.7 million, administration and corporate costs of $0.4 million, and interest costs of $0.2 million, partially offset by interest received of $25,000. Net cash used in investing activities was $1.5 million, including: • $0.74 million (USD$0.5 million) paid as the refundable deposit on the Thailand Hydromet Plant acquisition, pursuant to the binding term sheet executed with Enuo on 31 March 2026. This deposit is fully refundable should the transaction not complete, and is deductible from total consideration at closing; • $0.6 million in project development expenditure; and • $0.2 million in capitalised exploration and evaluation expenditure. Page 11 of 15 Net cash used in financing activities was $0.1 million, comprising loan and lease repayments, partially offset by proceeds from the exercise of options. Payments to related parties during the quarter totalled $244,000, comprising director fees, company secretarial, and consultancy fees paid to directors and director-related entities. The Company's near-term funding position is expected to improve following completion of the Thailand Hydromet Plant acquisition, targeted for June 2026. Upon closing, approximately 23 million Hastings shares will be issued to Enuo in satisfaction of $8.0 million of the total consideration, with commissioning costs funded by Enuo and credited against total consideration, both preserving the Company's cash position ahead of first MREC production. Subsequent to quarter end and up to 29 April 2026, options were exercised generating proceeds of $3.94 million, of which $2.39 million was exercised by Directors and persons connected with Directors, providing additional near-term liquidity. The Company also maintains an existing At-the-Market ("ATM") facility with Alpha Investment Partners, under which approximately 11 million shares remain available for placement, providing a flexible, on-demand source of additional equity capital that the Board can activate as required. The Board is confident the Company can continue to meet its operational objectives and fund its activities through to MREC production commencement in Q4 CY2026. CORPORATE & SUSTAINABILITY Health and Safety A Total Recordable Injury Frequency Rate of 0.00 was maintained for the quarter. Environment The quarter consisted predominantly of ongoing environmental statutory reporting and compliance activities. This included ongoing environmental monitoring to comply with environmental approval commitments; WWTP daily and quarterly monitoring, RO plant daily monitoring, production bore weekly monitoring, monitoring bore monthly monitoring, dust quarterly monitoring, rehabilitation monthly photographic monitoring. Annual reporting was completed under the Mining Act 1978 to the Mine Rehabilitation Fund (“MRF”) submitted to comply with the 30 June reporting period. Ongoing activities include statutory reporting, implementing on-site compliance monitoring and rehabilitation, regulatory stakeholder dialogue, and supporting preparation for the next phase of site implementation. Authorised by the Board for release to the ASX. FOR FURTHER INFORMATION CONTACT: Charles Lew Vince Catania Executive Chairman Chief Executive Officer +65 6220 9220 +61 8 6117 6118 Page 12 of 15 ABOUT HASTINGS TECHNOLOGY METALS LIMITED Hastings Technology Metals Limited is a Perth-based rare earths and critical minerals focused company focused on advancing a mine-to-market strategy across two complementary pillars: the Yangibana Rare Earths and Niobium Joint Venture in Western Australia, and a 49% interest in an operational hydrometallurgical Mixed Rare Earth Chloride (MREC) processing plant in Kabin Buri, Thailand. The Yangibana Project is located in the Gascoyne region of Western Australia and contains one of the most highly valued deposits of NdPr in the world, with an NdPr to Total Rare Earth Oxide ratio of up to 52% in some areas of the orebody. Fully permitted for immediate development, the project has an initial mine life of 17 years and is expected to become a globally significant source of NdPr – a critical component in the permanent magnets used in electric vehicles, renewable energy, humanoid robotics and digital devices. Hastings holds a 40% interest in the Yangibana JV, with Wyloo Metals (60%) appointed as JV Manager. The Thailand Hydromet Plant provides Hastings with a near-term, capital-efficient pathway to MREC production and cash flow ahead of Yangibana coming online. The fully licensed and permitted facility in Kabin Buri, Thailand will be commissioned using African monazite concentrate feedstock, targeting initial MREC production in Q4 CY2026. It is envisaged that production capacity will be increased to 36,000 tpa Page 13 of 15 MREC output from 2028 to coincide with Yangibana coming on line. The plant’s location 175km from Laem Chabang Deep-Water Port provides direct logistics connectivity to customers in the US, Europe and Asia. Hastings also holds a 100% interest in the Brockman Rare Earths and Niobium Project in the East Kimberley, WA, which is subject to ongoing metallurgical test work in partnership with Enuo Holdings Pte Ltd. For more information, please visit www.hastingstechmetals.com FORWARD LOOKING STATEMENTS This release contains reference to certain intentions, expectations, future plans, strategies and prospects of the Company. Those intentions, expectations, future plans, strategies and prospects may or may not be achieved. They are based on certain assumptions, which may not be met or on which views may differ and may be affected by known and unknown risks. The performance and operations of the Company may be influenced by a number of factors, many of which are outside the control of the Company. No representation or warranty, express or implied, is made by the Company, or any of its directors, officers, employees, advisers, or agents that any intentions, expectations, or plans will be achieved either totally or partially or that any particular rate of return will be achieved. Given the risks and uncertainties that may cause the Company’s actual future results, performance, or achievements to be materially different from those expected, planned or intended, recipients should not place undue reliance on these intentions, expectations, future plans, strategies and prospects. The Company does not warrant or represent that the actual results, performance, or achievements will be as expected, planned or intended. The Company is under no obligation to, nor makes any undertaking to, update or revise such forward looking statements, but believes they are fair and reasonable at the date of this release. COMPLIANCE STATEMENT (LISTING RULE 5.23) Yangibana Niobium Mineral Resource: The information in this announcement that relates to the Niobium Mineral Resource at Yangibana is extracted from the ASX announcement titled “Maiden Niobium Mineral Resource Estimate” released on 4 September 2024. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. Brockman Mineral Resources: The information in this announcement that relates to Mineral Resources at the Brockman Project is extracted from the Company’s 2025 Annual Report dated 30 September 2025. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and that all material assumptions and technical parameters continue to apply and have not materially changed. Yangibana Ore Reserves and Production Targets: Hastings confirms that all material assumptions underpinning the Ore Reserves supporting the Life of Mine Plan in the ASX release dated 6 February 2023, the forecast financial information and production targets in the ASX release dated 31 May 2023 (supplemented by 16 February 2024) continue to apply and have not materially changed. Production targets and forecast financial information are based on Ore Reserves and Mineral Resources (Measured and Indicated); no Inferred Mineral Resources nor Exploration Targets are included. Page 14 of 15 APPENDIX – MINING TENEMENTS HELD YANGIBANA PROJECT T