Announcement PDF Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Announcement Summary Entity name KALGOORLIE GOLD MINING LIMITED Date of this announcement Friday November 24, 2023 The +securities the subject of this notification are: Other Total number of +securities to be issued/transferred ASX +security code New class - code to be confirmed Security description Unlisted Option ex $0.06 and expiry 24 Nov 2026 Refer to next page for full details of the announcement Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 1/7 Total number of +securities to be issued/transferred Issue date 7,250,000 24/11/2023 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Part 1 - Entity and announcement details 1.1 Name of entity KALGOORLIE GOLD MINING LIMITED We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities. 1.2 Registered number type Registration number ACN 645666164 1.3 ASX issuer code KAL 1.4 The announcement is New announcement 1.5 Date of this announcement 24/11/2023 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 2/7 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Part 2 - Issue details 2.1 The +securities the subject of this notification are: Other Please specify Unlisted options previously announced to ASX on 23 Nov 2023. 2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which: does not have an existing ASX security code ("new class") Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 3/7 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Part 3C - number and type of +securities the subject of this notification (new class) where issue has not previously been notified to ASX in an Appendix 3B New +securities ASX +security code +Security description New class - code to be confirmed Unlisted Option ex $0.06 and expiry 24 Nov 2026 +Security type ISIN code Options Date the +securities the subject of this notification were issued 24/11/2023 Will all the +securities issued in this class rank equally in all respects from their issue date? Yes Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1? No Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. https://www.kalgoldmining.com.au/downloads/announcements/kal_2023102401.pdf Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.06000000 24/11/2026 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option KALAB : ORDINARY FULLY PAID RESTRICTED Any other information the entity wishes to provide about the +securities the subject of this notification Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B These have previously been announced to the market on 23 November 2023 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 4/7 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Issue details Number of +securities 7,250,000 Were the +securities issued for a cash consideration? No Please describe the consideration being provided for the +securities Issued pursuant to shareholder approval at the 2023 AGM as a reasonable and cost effective way to incentivise directors Purpose of the issue Other Additional Details Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 5/7 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Part 4 - +Securities on issue Following the issue, conversion or payment up of the +securities the subject of this application, the +securities of the entity will comprise: (A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.) 4.1 Quoted +Securities (Total number of each +class of +securities quoted) Total number of +securities on issue ASX +security code and description KAL : ORDINARY FULLY PAID 148,434,051 4.2 Unquoted +Securities (Total number of each +class of +securities issued but not quoted on ASX) Total number of +securities on issue ASX +security code and description KALAE : PERFORMANCE RIGHTS 744,827 KALAH : OPTION EXPIRING 31-JUL-2025 EX $0.06 22,500,000 KALAG : OPTION EXPIRING 26-JUL-2025 EX $0.06 44,062,500 KALAB : ORDINARY FULLY PAID RESTRICTED 9,000,000 KALAC : OPTION EXPIRING 16-SEP-2024 RESTRICTED 3,000,000 KALAD : OPTION EXPIRING 05-NOV-2024 RESTRICTED 17,031,950 New class - code to be confirmed : Unlisted Option ex $0.06 and expiry 24 Nov 2026 7,250,000 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 6/7 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Part 5 - Other Listing Rule requirements 5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? No 5.2 Has the entity obtained, or is it obtaining, +security holder approval for the issue under listing rule 7.1? Yes 5.2a Date of meeting or proposed meeting to approve the issue under listing rule 7.1 22/11/2023 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 7/7