EQ Resources Limited Annual Report 2023

2022 Q4: Initiatives workbook developed for tracking and planning. 2023 Q1: Development of an ESG reporting framework, including a symbol communicating EQR's values. 2023 Q1/2: Establishment of a Mt Carbine based ESG Sub-Committee to drive community-based initiatives. 2023 Q2: Development of EQR's ESG Roadmap outlining quarterly objectives for the year. 2023 Q2: Net Zero Readiness Assessment conducted. 2023 Q2: Investigation of potential disclosure framework alignment commenced: International Council on Mining and Metals (‘ICMM’), Global Reporting Initiative (‘GRI’), Task Force on Climate-Related Financial Disclosures (‘TCFD’). 2023 Q2/3: Development of Sustainability landing page for EQR website. 2023 Q3: Revision of United Nations SDGs. 2023 Q3/Q4: Sustainability landing page for EQR website launched. 2023 Planned - Q4: Gap analysis on metric disclosure/reporting framework alignment (ICMM,GRI, TCFD,) 2023/4 Planned - Q4/Q1: Commencement of a decarbonisation strategy/roadmap for Mt Carbine. 2023/4 Planned - Q4/Q1: Second Stakeholder Sentiment Survey to be undertaken. 2024 Planned: Inclusion of additional metric disclosures in the 2024 Annual Report, progressing towards GRI/TCFD and possibly ICMM compliance. Our ESG Program EQR employs the TTJT ESG Categorisation Framework (refer Figure 7) to guide the maturation of its ESG program. This program is rooted in the Company’s core values and purpose, aligning its foundational commitments with tangible metrics for future reporting whenever possible. The Company is dedicated to the ongoing enhancement of its ESG policies and programs, recognising the imperative of adaptability as it grows and evolves. These policies undergo regular review to ensure practical application and adherence to its values, as well as meeting the expectations of its valued shareholders. Strategic Positioning Building on Our ESG Foundation EQR continues to strengthen its ESG foundation with insights from leadership workshops and stakeholder surveys. ESG principles are woven into every aspect of its operations, ensuring ongoing improvement. Figure 7 - TTJT ESG Categorisation Framework. EQ Resources Limited Annual Report 2023 19

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