HILLGROVE RESOURCES LIMITED — Share Issue/Capital Change 2026

ASX Release

29 May 2026

ASX Market Announcements Office
ASX Limited
Exchange Centre
20 Bridge Street
SYDNEY NSW 2000
Dear Sir/Madam

Hillgrove Resources Limited (ASX Code: HGO)

Cleansing Notice – Notice under section 708A(5)(e) of the Corporations Act 2001 (Cth)

This notice is given by Hillgrove Resources Limited ACN 004 297 116 (Company) under section 708A(5)(e) of the Corporations Act 2001 (Cth) (Corporations Act).

On 29 May 2026, the Company issued 116,279,070 fully paid ordinary shares (Shares) pursuant to the Mutooroo Copper Project Farm-In Agreement announced on 21 May 2026.

The Company advises that:

(a) the Shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act;
(b) this notice is being given under section 708A(5)(e) of the Corporations Act;
(c) as a disclosing entity, the Company is subject to regular reporting and disclosure obligations;
(d) as at the date of this notice, the Company has complied with:
(i) the provisions of Chapter 2M of the Corporations Act, as they apply to the Company; and
(i) section 674 and section 674A of the Corporations Act; and
(e) as at the date of this notice, there is no information that is "excluded information" within the meanings of sections 708A(7) and 708A(8) of the Corporations Act.

Yours faithfully

Jake van der Hoek
Joint Company Secretary
Hillgrove Resources Limited

Authorised for release by the Board of Hillgrove Resources Limited.

For more information contact:

Mr Bob Fulker
CEO & Managing Director
Tel: +61 (0)8 7070 1698

Mr Luke Anderson
Chief Financial Officer
Tel: +61 (0)8 7070 1698

ASX | HGO

Hillgrove Resources Limited ACN 004 297 116

5-7 King William Road, Unley SA 5061

+61 8 7070 1698 | [email protected]

hillgroveresources.com.au

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Hillgrove Resources