Announcement PDF Form 604 Corporations Act 2001 Section 671B Notice of change of interests of substantial holder To Company Name/Scheme Heavy Rare Earths Limited ACN/ARSN 648 891 039 1. Details of substantial holder (1) Name Havilah Resources Limited ACN/ARSN (if applicable) 077 435 520 There was a change in the interests of the substantial holder on 8 October 2026 The previous notice was given to the company on 15 January 2026 The previous notice was dated 15 January 2026 2. Previous and present voting power The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows: Class of securities (4) Previous notice Present notice Person's votes Voting power (5) Person's votes Voting power (5) Fully Paid Ordinary Shares 38,000,000 18.27% 38,000,000 13.55% 3. Changes in relevant interests Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows: Date of change Person whose relevant interest changed Nature of Change (6) Consideration Given in relation to change (7) Class and number of securities affected Person's votes affected 2 October 2026 Havilah Resources Limited Dilution due to issue of Entitlement Offer and Placement Shares by the Company. N/A 38,000,000 fully paid ordinary shares 38,000,000 4. Present relevant interests Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows: Holder of relevant interest Registered holder of securities Person entitled to be registered as holder (8) Nature of relevant interest (6) Class and number of securities Person's votes Havilah Resources Limited Havilah Resources Limited Havilah Resources Limited Beneficial Owner 38,000,000 fully paid ordinary shares 38,000,000 5. Changes in association The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows: Name and ACN/ARSN (if applicable) Nature of association N/A 6. Addresses The addresses of persons named in this form are as follows: Name Address Havilah Resources Limited 107 Rundle Street, Kent Town, South Australia 5067 Signature print name CHRIS GILES capacity Director sign here date 8 October 2026