Announcement PDF Appendix 3H - Notification of cessation of securities Announcement Summary Entity name HEAVY RARE EARTHS LIMITED Announcement Type New announcement Date of this announcement Friday August 29, 2025 Details of +securities that have ceased ASX +security code Security description Number of +securities that have ceased The +securities have ceased due to Date of cessation HREAD OPTION EXPIRING 24-AUG-2025 EX $0.30 11,350,000 Expiry of option or other convertible security without exercise or conversion 24/08/2025 HREAC OPTION EXPIRING 24-AUG-2025 EX $0.40 4,350,000 Expiry of option or other convertible security without exercise or conversion 24/08/2025 Refer to next page for full details of the announcement Appendix 3H - Notification of cessation of securities 1/4 Appendix 3H - Notification of cessation of securities Part 1 - Announcement Details 1.1 Name of +Entity HEAVY RARE EARTHS LIMITED We (the entity named above) provide the following information about our issued capital. 1.2 Registered Number Type Registration Number ACN 648991039 1.3 ASX issuer code HRE 1.4 The announcement is New announcement 1.5 Date of this announcement 29/8/2025 Appendix 3H - Notification of cessation of securities 2/4 Appendix 3H - Notification of cessation of securities Part 2 - Details of +equity securities or +debt securities that have ceased ASX +Security Code and Description HREAC : OPTION EXPIRING 24-AUG-2025 EX $0.40 Unquoted +equity securities that have ceased Number of securities that have ceased 4,350,000 Reason for cessation Expiry of option or other convertible security without exercise or conversion Date of cessation 24/8/2025 Is the entity paying any consideration for the cessation? No Any other information the entity wishes to notify to ASX about the cessation? ASX +Security Code and Description HREAD : OPTION EXPIRING 24-AUG-2025 EX $0.30 Unquoted +equity securities that have ceased Number of securities that have ceased 11,350,000 Reason for cessation Expiry of option or other convertible security without exercise or conversion Date of cessation 24/8/2025 Is the entity paying any consideration for the cessation? No Any other information the entity wishes to notify to ASX about the cessation? Appendix 3H - Notification of cessation of securities 3/4 Appendix 3H - Notification of cessation of securities Part 3 - Issued capital following changes Following the cessation of the +securities the subject of this notification, the issued capital of the entity will comprise: The figures in parts 3.1 and 3.2 below are automatically generated and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX for processing. 3.1 Quoted +equity securities and +debt securities (total number of each +class of +securities quoted on ASX) ASX +security code and description HRE : ORDINARY FULLY PAID Total number of +securities on issue 208,033,882 3.2 Unquoted +equity securities (total number of each +class of +equity securities issued but not quoted on ASX) ASX +security code and description Total number of +securities on issue HREAD : OPTION EXPIRING 24-AUG-2025 EX $0.30 0 HREAC : OPTION EXPIRING 24-AUG-2025 EX $0.40 0 HREAF : OPTION EXPIRING 07-JAN-2028 EX $0.06 17,500,000 HREAG : OPTION EXPIRING 26-FEB-2028 EX $0.06 12,500,000 HREAH : OPTION EXPIRING 11-AUG-2028 EX $0.06 2,500,000 Note: the figures stated in the tables above are used to calculate the total market capitalisation of the entity published by ASX from time to time. The table will not include those classes of +securities that have ceased or lapsed in their entirety in ASX records before the announcement date described in Q1.5, even if the entity has advised ASX of a change to that class of +security in Part 2 of this form. Appendix 3H - Notification of cessation of securities 4/4