EQ Resources Limited Annual Report 2025

Directors Oliver Kleinhempel Executive Chairman Stephen Layton Non-executive Director Richard Morrow (Retired 30 June 2025) Non-executive Director Stephen Weir Non-executive Director Craig Bradshaw Non-executive Director Zhui Pei Yeo Non-executive Director Company Secretary Melanie Leydin Registered Office Suite 2, Level 11, 385 Bourke Street Melbourne VIC 3000 T +61 (0)7 4094 3072 W www.eqresources.com.au E info@eqresources.com.au Principal Place of Business 6888 Mulligan Highway Mount Carbine QLD 4871 Share Register Automic Pty Ltd Level 5, 126 Philip Street Sydney NSW 2000 T +61 (0)2 9698 5414 Auditors Nexia Melbourne Audit Pty Ltd Level 35, 600 Bourke Street Melbourne VIC 3000 T +61 (0)3 8613 8888 F +61 (0)3 8613 8800 Stock Exchange Listing Listed on the Australian Securities Exchange (ASX) ASX Code: EQR ACN: 115 009 106 ABN: 77 115 009 106 Corporate Directory 1 Chairman’s Address 2 Operating and Financial Review 2 Corporate & Financing Activities 18 Sustainability 24 Mt Carbine Operations 40 Saloro / Barruecopardo Operations 56 EQR Tenement Interests 59 Directors’ Report 72 Consolidated Statement of Profit or Loss and Other Comprehensive Income 73 Consolidated Statement of Financial Position 74 Consolidated Statement of Cash Flows 75 Consolidated Statement of Changes in Equity 76 Notes to the Consolidated Financial Statements 114 Consolidated Entity Disclosure Statement 115 Directors’ Declaration 116 Auditor’s Independence Declaration 117 Independent Auditor’s Report 122 Shareholder Information 126 Forward Looking Statements Contents

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