Appendix 3H - Notification of cessation of securities

Announcement Summary

Entity name
EVOLUTION MINING LIMITED

Announcement Type
New announcement

Date of this announcement
Thursday July 02, 2026

Details of +securities that have ceased

Refer to next page for full details of the announcement

Appendix 3H - Notification of cessation of securities

Appendix 3H - Notification of cessation of securities

Part 1 - Announcement Details

1.1 Name of +Entity
EVOLUTION MINING LIMITED
We (the entity named above) provide the following information about our issued capital.

1.2 Registered Number Type
Registration Number
ABN
74084669036

1.3 ASX issuer code
EVN

1.4 The announcement is
New announcement
1.5 Date of this announcement
2/7/2026

Appendix 3H - Notification of cessation of securities

Appendix 3H - Notification of cessation of securities

Part 2 - Details of +equity securities or +debt securities that have ceased

ASX +Security Code and Description
EVNAS : PERFORMANCE RIGHT

Unquoted +equity securities that have ceased
Number of securities that have ceased
231,999

Reason for cessation
Lapse of conditional right to securities because the conditions have not been, or have become incapable of being, satisfied

Date of cessation
30/6/2026
Is the entity paying any consideration for the cessation?
No

Any other information the entity wishes to notify to ASX about the cessation?
A condition of the Performance Rights granted under the Company's Employee Share Option and Performance Rights Plan is that the employee remains employed for the period of performance ("Performance Condition"). The subject of the Appendix 3H is the cancellation of Performance Rights held by employees who have recently left the Company and therefore do not meet the Performance Condition.

Appendix 3H - Notification of cessation of securities
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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)

3.2 Unquoted +equity securities (total number of each +class of +equity securities issued but not quoted on ASX)

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