Announcement PDF Form 603 Corporations Law Section 671B Notice of initial substantial holder To Company Name/Scheme Boab Metals Limited ACN/ARBN 107 159 713 1. Details of substantial holder (1) Name Franklin Resources, Inc., and its affiliates ACN (if applicable) N/A The holder became a substantial holder on 4 December 2025 2. Details of 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 on the date the substantial holder became a substantial holder are as follows: Class of securities (4) Number of securities Persons’ votes (5) Voting power (6) Ordinary shares 30,000,000 30,000,000 7.42% (based on 404,228,439 shares) 3. Details of relevant interests The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows: Holder of relevant interest Name of relevant interest (7) Class and number of securities See Annexure B, item 1 See Annexure B, item 2 See Annexure B, item 3 4. Details of present registered holders The persons registered as holders of the securities referred to in paragraph 3 above are as follows: Holder of relevant interest Registered holder of securities Person entitled to be registered as holder (8) Class and number of securities Docusign Envelope ID: 79822D0A-81F3-412B-8606-46DA758EC9B6 See Annexure B, item 1 See Annexure B, item 6 See Annexure B, item 8 See Annexure B, items 3,7 & 9 5. Consideration The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows: Holder of relevant interest Date of acquisition Consideration (9) Class and number of securities Cash Non-Cash See Annexure B, item 1 See Annexure B, item 4 See Annexure B, item 5 See Annexure B, item 5 See Annexure B, item 3 6. Associates The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows: Name and ACN (if applicable) Nature of association The persons referred to in paragraph 1 of Annexure A are associates of Franklin Resources, Inc. by virtue of being a related body. 7. Addresses The addresses of persons named in this form are as follows: Name Address See Annexure A See annexure A Signature print name Thomas C. Mandia Capacity: Assistant Secretary, Franklin Resources, Inc. sign here Date 5 December 2025 Docusign Envelope ID: 79822D0A-81F3-412B-8606-46DA758EC9B6 Annexure A 1 Names and addresses of all associates for whom composite notice is given: Name Address Benefit Street Partners L.L.C c/o The Corporation Trust Center, 1209 Orange Street, Wilmington, New Castle County, Delaware 19801, United States Brandywine Global Investment Management, LLC 1735 Market Street / Suite 1800 / Philadelphia, PA 19103, United States Clarion Partners Europe (U.K.) Limited 1 Southampton Street, London, WC2R 0LR, United Kingdom Clarion Partners, LLC c/o Corporation Service Company, 80 State Street, Albany, NY, 12207, United States Clarion Partners Holdings LLC c/o United Agent Group Inc., Brandywine Plaza, 1521 Concord pike, Suite 201, Wilmington, DE, 19803, United States ClearBridge Investment Management Limited 5 Morrison Street, Edinburgh, EH3 8BH, Scotland ClearBridge Investments (North America) Pty Limited Level 13, 35 Clarence Street, Sydney, NSW 2000, Australia ClearBridge Investments Limited Level 13, 35 Clarence Street, Sydney, NSW 2000, Australia ClearBridge Investments, LLC c/o United Agent Group Inc., Brandywine Plaza, 1521 Concord pike, Suite 201, Wilmington, DE, 19803, United States Darby Overseas Partners, L.P. c/o The Prentice-Hall Corporation System, Inc., 251 Little Falls Drive, Wilmington, DE, 19808, United States ETP Holdings (Cayman) Limited Walkers, 190 Elgin Avenue, Georgetown, Grand Cayman, KY1-9001, Cayman Islands; Fiduciary Trust Company of Canada 200 King Street West, Suite 1400, Toronto, ON, M5H 3T4, Canada Fiduciary Trust International, LLC c/o Corporation Service Company, 251 Little Falls Drive, Wilmington, DE, 19808, United States Fiduciary International Holding, Inc. 280 Park Avenue, New York, NY, 10017, United States Fiduciary Trust Company International 280 Park Avenue, New York, NY, 10017, United States Franklin Advisers, Inc. c/o United Agent Group Inc., 4640 Admiralty Way, 5th Floor, Marina del Rey, CA, 90292, United States Franklin Advisory Services, LLC c/o United Agent Group Inc., Brandywine Plaza, 1521 Concord Pike, Suite 201, Wilmington, DE, 19803, United States Franklin Managed Options Strategies, LLC c/o United Agent Group Inc., Brandywine Plaza, 1521 Concord Pike, Suite 201, Wilmington, DE, 19803, United States Docusign Envelope ID: 79822D0A-81F3-412B-8606-46DA758EC9B6 Franklin Mutual Advisers, LLC c/o United Agent Group Inc., Brandywine Plaza, 1521 Concord Pike, Suite 201, Wilmington, DE, 19803, United States Franklin Templeton Asset Management (India) Private Limited One International Centre, Tower 2, 12 and 13th Floor, Senapati Bapat Marg, Elphinstone (West), Mumbai, Mumbai City, Maharashtra- MH, 400013, India Franklin Templeton Asset Management (Malaysia) Sdn. Bhd. Suite 31-02, 31st Floor, Menara Keck Seng, 203 Jalan Bukit Bintang, Kuala Lumpur, 55100, Malaysia Franklin Templeton Asset Management Mexico, S.A. de C.V., Sociedad Operadora de Fondos de Inversión Avenida Paseo de la Reforma 342, Colonia Juarez, Mexico City, CP. 06600, Mexico Franklin Templeton Australia Limited Level 47, 120 Collins Street, Melbourne, VIC 3000, Australia Franklin Templeton (Australia) Holdings Pty Ltd. Level 48, 120 Collins Street, Melbourne, VIC 3000, Australia Franklin Templeton Capital Holdings Private Limited; United Agent Group Inc., Brandywine Plaza, 1521 Concord Pike, Suite 201, Wilmington, DE, 19803, United States; Franklin Templeton Fund Adviser, LLC c/o United Agent Group Inc., Brandywine Plaza, 1521 Concord Pike, Suite 201, Wilmington, DE, 19803, United States Franklin Templeton Fund Management Limited Cannon Place, 78 Cannon Street, London, EC4N 6HL, England Franklin Templeton GSC Asset Management Sdn. Bhd. Suite 31-02, 31st Floor, Menara Keck Seng, 203 Jalan Bukit Bintang, Kuala Lumpur, 55100, Malaysia Franklin Templeton Global Investors Limited Cannon Place, 78 Cannon Street, London, EC4N 6HL, England Franklin Templeton Holding Limited Ocorian Corporate Services Limited, 6th Floor, Tower A, 1 Cyber City, Ebene, Mauritius Franklin Templeton Institutional, LLC c/o United Agent Group Inc., Brandywine Plaza, 1521 Concord Pike, Suite 201, Wilmington, DE, 19803, United States Franklin Templeton International Services S.à.r.l. 8A, rue Albert Borschette, L-1246, Luxembourg Franklin Templeton Investímentos (Brasil) Ltda. Avenida Brigadeiro Faria Lima 3311, 5th Floor, Itaim Bibi, Sao Paulo, 04538-133, Brazil Franklin Templeton Investment Advisors Korea Co., Ltd 3rd Floor, CCMM Building, 101 Yeouigongwon-ro, Yeongdeungpo-gu, Seoul, 07241, Republic of Korea Franklin Templeton Investment Management Limited Cannon Place, 78 Cannon Street, London, EC4N 6HL, England Franklin Templeton Investment Trust Management Limited 5 Morrison Street, Edinburgh, EH3 8BH, Scotland Franklin Templeton Investments (Asia) Limited 62/F., Two International Finance Centre, 8 Finance Street, Central, Hong Kong Franklin Templeton Investments (ME) Limited The Gate, East Wing, Level 2, Dubai International Financial Centre, P.O. Box 506613, Dubai, U.A.E. Docusign Envelope ID: 79822D0A-81F3-412B-8606-46DA758EC9B6 Franklin Templeton Investments Corp. 200 King Street West, Suite 1400, Toronto, ON, M5H 3T4, Canada Franklin Templeton Japan Co., Ltd. Shin Marunouchi Building, 36th Floor, Marunouchi 1-5-1, Chiyoda-Ku, Tokyo, 100-6536, Japan Franklin Templeton Luxembourg S.A. 8A, rue Albert Borschette, L-1246, Luxembourg Franklin Templeton Private Portfolio Group, LLC c/o United Agent Group Inc., Brandywine Plaza, 1521 Concord Pike, Suite 201, Wilmington, DE, 19803, United States FTC Investor Services Inc. 200 King Street West, Suite 1500, Toronto, ON, M5H 3T4, Canada K2 Advisors L.L.C. c/o Corporation Service Company, 251 Little Falls Drive, Wilmington, DE, 19808, United States K2/D&S Management Co., L.L.C. c/o Corporation Service Company, 251 Little Falls Drive, Wilmington, DE, 19808, United States K2 Advisors Holdings, LLC c/o Corporation Service Company, 251 Little Falls Drive, Wilmington, DE, 19808, United States Legg Mason Investment Funds Limited Cannon Place, 78 Cannon Street, London, EC4N 6HL, England Legg Mason Investments (Europe) Limited Cannon Place, 78 Cannon Street, London, EC4N 6HL, England Legg Mason Australia Holdings Pty Ltd Level 47, 120 Collins Street, Melbourne, VIC 3000, Australia Legg Mason Global Holdings Ltd Walkers, 190 Elgin Avenue, Georgetown, Grand Cayman, KY1-9001, Cayman Islands Legg Mason Global Holdings Ltd. Walkers, 190 Elgin Avenue, Georgetown, Grand Cayman, KY1-9001, Cayman Islands Legg Mason Royce Holdings, LLC. c/o CSC-Lawyers Incorporating Service Company 7 St. Paul Street Suite 820 21202 Baltimore MD United States Legg Mason, Inc. c/o United Agent Group Inc., 2405 York Road Suite 201-C, Lutherville-Timonium, MD, 21093, United States LM Holdings 2 Limited Cannon Place, 78 Cannon Street, London, EC4N 6HL, England O'Shaughnessy Asset Management, L.L.C. c/o The Corporation Trust Company, 1209 Orange Street, Wilmington, New Castle Country, DE, 19801, United States Putnam Investment Management, LLC c/o The Corporation Trust Company, 1209 Orange Street, Wilmington, New Castle Country, DE, 19801, United States The Putnam Advisory Company, LLC c/o The Corporation Trust Company, 1209 Orange Street, Wilmington, New Castle Country, DE, 19801, United States Putnam Investments Limited 16 St. James's Street, London, SW1A 1ER, England Putnam Advisory Holdings II, LLC 100 Federal Street, Boston, MA, 02110, United State Docusign Envelope ID: 79822D0A-81F3-412B-8606-46DA758EC9B6 Putnam U.S. Holdings I, LLC 100 Federal Street, Boston, MA, 02110, United State QS Batterymarch Financial Management, Inc. c/o United Agent Group Inc., 2405 York Road Suite 201-C, Lutherville-Timonium, MD, 21093, United States Royce & Associates, LP DBA Royce Investment Partners c/o United Agent Group Inc., Brandywine Plaza, 1521 Concord Pike, Suite 201, Wilmington, DE, 19803, United States Templeton Asset Management (Poland) TFI S.A. Rondo 1, 26th Floor, Rondo ONZ 1, Warsaw, 00-124, Poland Templeton Asset Management Ltd. 7 Temasek Boulevard, #26-03 Suntec Tower One, 038987, Singapore Templeton Global Advisors Limited Box N-7759, Lyford Cay, Nassau, Bahamas Templeton Global Holdings Ltd. Box N-7759, Lyford Cay, Nassau, Bahamas Templeton Hana Asset Management Co., Ltd. 3rd Floor, CCMM Building, 12 Youido-Dong, Youngdungpo-gu, Seoul, 150-968, Republic of Korea Templeton Investment Counsel, LLC 300 S.E. 2nd Street, Fort Lauderdale, FL 33301, United States Templeton International, Inc., c/o United Agent Group Inc., Brandywine Plaza, 1521 Concord Pike, Suite 201, Wilmington, DE, 19803, United States Templeton Worldwide, Inc. c/o United Agent Group Inc., Brandywine Plaza, 1521 Concord Pike, Suite 201, Wilmington, DE, 19803, United States Western Asset Management (Brazil) Holdings Limitada Av. Presidente Juscelino Kubitschek, 1455, 15th Floor, São Paulo, 04543‐011, Brazil Western Asset Management Company Distribuidora de Titulos e Valores MobilIarios Limitada Av, Presidente Juscelino Kubitschek, Sao Paulo-SP, CEP 04543-011 Brasil Western Asset Management Company Limited 10 Exchange Square, 10th Floor, Primrose Street, London, EC2A 2EN, United Kingdom Western Asset Management Company, LLC 385 East Colorado Boulevard Pasadena, California, 91101, United States Western Asset Management Company Ltd Level 48, 120 Collins Street, Melbourne, Victoria, 3000, Australia Western Asset Management Company Pte. Ltd. 1 George Street, #23-01, 049145, Singapore Docusign Envelope ID: 79822D0A-81F3-412B-8606-46DA758EC9B6 ANNEXURE B DETAILS OF ENTITLEMENTS AND RELEVANT INTERESTS Holder of relevant interest Date of acquisition Consideration (9) Class and number of securities Cash (AUD) Non-Cash Ordinary Franklin Advisers, Inc. 21-Oct-2025 1,201,482 3,003,706 Franklin Advisers, Inc. 4-Dec-2025 10,798,518 26,996,294 NOTES 1. Nature of Relevant Interest: • Except as provided below, the relevant interest of each of FRI and the bodies corporate referred to in paragraph 1 of Annexure A was acquired by virtue of an associate of, or related body corporate each of FRI and the bodies corporate referred to in paragraph 1 of Annexure A, acquiring a relevant interest in voting shares of the company. • The nature of the relevant interest acquired by the bodies corporate referred to in item 1 of Annexure B in relation to the voting shares referred to in item 3 of Annexure B arose by virtue of those companies having the right to dispose of the shares in the company as a result of the Investment Management Agreements. • Particulars of any relevant agreement or other circumstances by which the relevant interest was acquired: the interests were acquired in the ordinary course of business on the stock market of a stock exchange in accordance with the rules of the stock exchange and containing no terms or conditions other than the standard terms or conditions. • Particulars of any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the shares to which the relevant interests relates: not applicable. 2. Consideration Details of any and all benefits other than money, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition: not applicable. Registered Holder of Shares Class of Shares Number of Shares JP Morgan Chase Bank, N.A. Ordinary 30,000,000 Docusign Envelope ID: 79822D0A-81F3-412B-8606-46DA758EC9B6