BHM – Broken Hill Mines

Capital structure
On reinstatement to quotation, the Company’s capital structure will be as follows:
Securities
Shares 268,682,209
Options 90,731,912
Performance
Rights 6,250,005

Re-instated today up 123% – drilling startingnextmonth – 20 million in the bank – has a mining lease

Highlights:▪ Successful completion of the Broken Hill Mines public listing process, with reinstatement oftrading under the ASX ticker ‘BHM’ to occur 10am Monday 21 July 2025▪ BHM’s FY26 drilling program underway at the Pinnacles Mine, with an initial 4,000m plannedover 2H CY2025▪ The FY26 program follows on from the exceptional Pinnacles Ag-Pb-Zn assay resultsreleased 31 March 20251▪ A further ~3,000m of Pinnacles drilling core from earlier programs currently awaiting assay▪ Pinnacles drilling to target an increase in both size and grade of the existing PinnaclesMineral Resource Estimate of 6.0Mt at 10.9% ZnEq (133g/t Ag, 3.3% Pb, 4.7% Zn & 0.5g/t Au)2

Drilling & Assaying Underway at the Pinnacles MineBHM has initiated its FY26 drilling program at the Pinnacles Mine, which is targeting an increasein both the size and grade of the current Mineral Resource Estimate (MRE) of 6.0Mt at 10.9% ZnEq(133g/t Ag, 3.3% Pb, 4.7% Zn & 0.5g/t Au)2.The Company has planned an initial 4,000m of drilling within the existing Mining Lease atPinnacles, to be completed prior to the end of 2025.In addition, BHM has approximately 3,000m of core from historic drilling programs at Pinnaclesthat it is in the process of being logged and assayed. The first batch of results from this drillingis expected to be released in 4-6 weeks, pending turnaround time from the assay laboratories.Exceptional Pinnacles Ag-Pb-Zn Results1 (Released 31 March 2025)The FY26 drilling program at Pinnacles follows on from the exception Pinnacles drilling resultsreleased earlier this year, as summarised below3:• 8.9m @ 920g/t Ag, 12.2% Pb and 1.3% Zn (36.3% ZnEq) from 11m – PN311o Incl. 5.9m @ 1,350 g/t Ag, 17.4% Pb, 1.9% Zn (52.8% ZnEq) from 14m• 8.2m @ 763g/t Ag, 13.4% Pb and 1.7% Zn (33.1% ZnEq) from 18m – PN310o Incl. 3.0m @ 1,245 g/t Ag, 24.1% Pb, 0.5% Zn (53.5% ZnEq) from 18m• 11.8m @ 476g/t Ag, 7.4% Pb and 0.7% Zn (19.5% ZnEq) from 3m – PN314o Incl. 0.5m @ 2,380 g/t Ag, 27.3% Pb, 0.3% Zn (87.6% ZnEq) from 14mo Incl. 1.0m @ 1,675 g/t Ag, 25.0% Pb, 0.2% Zn (65.9% ZnEq) from 10m• 19.4m @ 443g/t Ag, 8.3% Pb and 0.7% Zn (19.3% ZnEq) from 95m – PN306o Incl. 13.0m @ 558 g/t Ag, 10.3% Pb, 0.4% Zn (23.7% ZnEq) from 98m• 4.0m @ 536g/t Ag, 9.9% Pb and 2.0% Zn (24.5% ZnEq) from 60m – PN302• 5.0m @ 79g/t Ag, 2.3% Pb and 18.6% Zn (22.6% ZnEq) from 17m – PN313• 5.0m @ 54g/t Ag, 1.6% Pb and 18.6% Zn (21.3% ZnEq) from 18m – PN313-A• 5.2m @ 278g/t Ag, 5.4% Pb and 1.6% Zn (13.4% ZnEq) from 200m – PN325• 12m @ 36g/t Ag, 0.7% Pb and 10.0% Zn (11.5% ZnEq) from 233m – PN325• 6.0m @ 37g/t Ag, 1.0% Pb and 9.2% Zn (11.1% ZnEq) from 30m – PN311• 10.9m @ 29g/t Ag, 0.7% Pb and 9.0% Zn (10.4% ZnEq) from 21m – PN314