Announcement PDF Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Announcement Summary Entity name LEGACY MINERALS HOLDINGS LIMITED Date of this announcement Friday December 23, 2022 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 LGMAH: Option expiring 23-DEC-2025 EX $0.225 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 401,833 23/12/2022 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Part 1 - Entity and announcement details 1.1 Name of entity LEGACY MINERALS HOLDINGS 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 ABN 43650398897 1.3 ASX issuer code LGM 1.4 The announcement is New announcement 1.5 Date of this announcement 23/12/2022 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 New class-code to be confirmed: LGMAH: Option expiring 23-DEC-2025 EX $0.225. Number 401,833. 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 LGMAH: Option expiring 23-DEC-2025 EX $0.225 +Security type ISIN code Options Date the +securities the subject of this notification were issued 23/12/2022 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://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02419683-2A1322525?access_token=8 3ff96335c2d45a094df02a206a39ff4 Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.22500000 23/12/2025 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option Other Description LGM: ORDINARY FULLY PAID SHARE Any other information the entity wishes to provide about the +securities the subject of this notification Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 4/7 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 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 Details of the proposed issue were announced to the market on 19 December 2022 in an Appendix 3B. Issue details Number of +securities 401,833 Were the +securities issued for a cash consideration? No Please describe the consideration being provided for the +securities Part consideration split equally between CLSA Australia Pty Ltd and Saint Gabriel Pty Ltd for acting as joint lead managers. Purpose of the issue To pay for services rendered Additional Details CLSA Australia Pty Ltd and Saint Gabriel Pty Ltd equally, for acting as joint lead managers. 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 LGM : ORDINARY FULLY PAID 45,790,802 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 LGMAD : ORDINARY FULLY PAID RESTRICTED 29,384,700 LGMAF : OPTION EXPIRING 22-JUN-2026 RESTRICTED 3,500,000 LGMAG : OPTION EXPIRING 07-SEP-2024 EX $0.30 1,100,000 LGMAE : OPTION EXPIRING 22-JUN-2026 EX $0.30 250,000 New class - code to be confirmed : LGMAH: Option expiring 23-DEC-2025 EX $0.225 401,833 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? No 5.2b Are any of the +securities being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1? Yes 5.2b.1 How many +securities are being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1? 401,833 5.2c Are any of the +securities being issued without +security holder approval using the entity's additional 10% placement capacity under listing rule 7.1A (if applicable)? No Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 7/7