Announcement PDF Page 1 of 16 | ABN 43 650 398 897 12/217 Howick St, Bathurst, 2795 www.legacyminerals.com.au ASX: LGM ASX ANNOUNCEMENT 24 September 2026 2026 Corporate Governance Statement and Appendix 4G In accordance with ASX Listing Rules 4.7.3, 4.7.4 and 4.10.3, following is the Legacy Minerals Holdings Limited (“Legacy Minerals” or the “Company”) (ASX: LGM) 2026 Corporate Governance Statement and Appendix 4G “Key to Disclosures Corporate Governance Council Principles and Recommendations.” The 2026 Corporate Governance Statement and Appendix 4G are accurate and up to date as at 24 September 2026 and have been approved by the Company’s board. <<ENDS>> This market announcement has been authorised for release to the market by the Board of Legacy Minerals Holdings Limited. For more information: Chris Byrne CEO & Managing Director chris.byrne@legacyminerals.com.au +61 (0) 499 527 547 Page 2 LEGACY MINERALS HOLDINGS LIMITED ABN 43 650 398 897 Corporate Governance Statement Unless disclosed below, all the best practice recommendations of the ASX Corporate Governance Council have been applied. Legacy Minerals Holdings Limited ABN 43 650 398 897 (Legacy Minerals or The Company) is a small company with limited operations. Accordingly, the Board considers that many of the corporate governance guidelines intended to apply to larger companies are not practical for Legacy Minerals. Legacy Minerals’ full policies and charters can be reviewed on Legacy Minerals’ website: https://legacyminerals.com.au. Unless non-compliance is reported, the Board believes that the governance policies and practices adopted by Legacy Minerals during the reporting period for the period ended 30 June 2026 follow the recommendations contained in the fourth edition of the ASX Corporate Governance Council’s Corporate Governance Principles and Recommendations (ASX Principles). Where reported that Legacy Minerals has not complied with the ASX Corporate Governance Council Principles and Recommendations, these were not followed, and alternative practices were adopted. The Corporate Governance Statement is dated 24 September 2026 and was approved on 24 September 2026 by Legacy Minerals’ Directors. Corporate Governance Council recommendation Compliance Details Disclosure Required 1.1 A listed entity should have and disclose a board charter setting out: (a) the respective roles and responsibilities of its board and management; and (b) those matters expressly reserved to the board and those delegated to management. Complies The Board has adopted a Board Charter which sets out the responsibilities of the Board in greater detail, including (amongst other things) defining Legacy Minerals’ purpose and setting its strategic objectives, overseeing, and evaluating management’s implementation of Legacy Minerals’ strategic direction, objectives and goals, and instilling Legacy Minerals’ values and its performance generally. The Board Charter provides for the Board to delegate management of the day-to-day affairs of Legacy Minerals to the Managing Director, who has the authority to sub-delegate to the senior management team, or to committees established by the Board. Under the Board Charter, the Chairperson of the Board will assess the performance of any Director standing for re-election and the Board will determine their recommendation to Shareholders on the re-election of the Director (in the absence of Not applicable Page 3 Corporate Governance Council recommendation Compliance Details Disclosure Required the Director involved). The Board (excluding the Chairperson) will conduct the review of the Chairperson. Under the Board Charter, Directors may seek independent professional advice at the expense of Legacy Minerals whenever Directors judge such advice necessary for them to discharge their responsibilities as Directors. 1.2 A listed entity should: (a) undertake appropriate checks before appointing a director or senior executive or putting someone forward for election as a director; and (b) provide security holders with all material information in its possession relevant to a decision on whether or not to elect or re-elect a director. Complies Legacy Minerals has undertaken checks of the person’s character, experience, education, criminal record and bankruptcy history when appointing a person. Legacy Minerals provides security holders with material information in Legacy Minerals’ possession relevant to a decision on whether or not to elect or re-elect a director. Not applicable 1.3 A listed entity should have a written agreement with each director and senior executive setting out the terms of their appointment. Complies Legacy Minerals has a written agreement with each director and senior executive setting out the terms of their appointment. Not applicable 1.4 The company secretary of a listed entity should be accountable directly to the board, through the chair, on all matters to do with the proper functioning of the board. Complies Details of the role of the Company Secretary are included in Legacy Minerals’ Board Charter. Not applicable 1.5 A listed entity should: (a) have and disclose a diversity policy; (b) through its board or a committee of the board set measurable objectives for achieving gender diversity in the composition of its board, senior executives and workforce generally; and (c) disclose in relation to each reporting period: Complies Legacy Minerals has adopted a Diversity Policy which sets out its commitment to diversity and inclusion in the workplace. The Diversity Policy provides for the Board to set measurable objectives to assist Legacy Minerals to achieve diversity and to review Legacy Minerals’ progress in meeting these objectives and the effectiveness of these objectives each year. The Board will review annually nomination practices against measurable objectives for achieving diversity on those Not applicable Page 4 Corporate Governance Council recommendation Compliance Details Disclosure Required (1) the measurable objectives set for that period to achieve gender diversity; (2) the entity’s progress towards achieving those objectives; and (3) either: (A) the respective proportions of men and women on the board, in senior executive positions and across the whole workforce (including how the entity has defined “senior executive” for these purposes); or (B) if the entity is a “relevant employer” under the Workplace Gender Equality Act, the entity’s most recent “Gender Equality Indicators”, as defined in and published under that Act. If the entity was in the S&P / ASX 300 Index at the commencement of the reporting period, the measurable objective for achieving gender diversity in the composition of its board should be to have not less than 30% of its directors of each gender within a specified period. objectives and on Legacy Minerals’ progress in achieving them, including a review of the relative proportions of men and women at all levels in the organisation. Under the policy, Legacy Minerals states that it will take action against inappropriate workplace and business behaviour. Legacy Minerals serves a diverse and far-reaching community and believes that bringing together diversity of thoughts, perspectives, experiences and expression is key to making Legacy Minerals a great place to work and delivering on its mission. Legacy Minerals believes in ‘culture add’ – that each person is different and has their own background, learnings and unique experiences that can add to its cultural tapestry. The Company presently has no women on its board, in senior executive positions, or across its whole workforce Legacy Minerals is not a “relevant employer” under the Workplace Gender Equality Act 2012 (Cth). 1.6 A listed entity should: (a) have and disclose a process for periodically evaluating the performance of the board, its committees and individual directors; and (b) disclose for each reporting period whether a performance evaluation has been undertaken in accordance with that process during or in Does not comply The Board believes that, with the Company’s scale and activities, it does not require a formal process for periodically evaluating the performance of the Board, its committees, or individual Directors. A review of performance is an ongoing process within the Company. In addition to attending Board meetings, Directors are required to make meaningful contributions to decisions about the Company’s strategies. Page 5 Corporate Governance Council recommendation Compliance Details Disclosure Required respect of that period. 1.7 A listed entity should: (a) have and disclose a process for evaluating the performance of its senior executives at least once every reporting period; and (b) disclose for each reporting period whether a performance evaluation has been undertaken in accordance with that process during or in respect of that period. Does not comply The Board believes that, with the Company’s scale and activities, it does not require a formal process for periodically evaluating the performance of senior executives. A review of performance is an ongoing process within the Company and the Managing Director’s responsibility. Senior executives are required to report to the Board and make meaningful contributions to the Company’s management. The Managing Director is evaluated by the Board. 2.1 The board of a listed entity should: (a) have a nomination committee which: (1) has at least three members, a majority of whom are independent directors; and (2) is chaired by an independent director, and disclose: (3) the charter of the committee; (4) the members of the committee; and (5) as at the end of each reporting period, the number of times the committee met throughout the period and the individual attendances of the members at those meetings; or (b) if it does not have a nomination committee, disclose that fact and the processes it employs to address board succession issues and to ensure that the board has the appropriate balance of skills, knowledge, experience, independence and diversity to enable it to discharge its duties and responsibilities effectively. Does not comply The Board has not formally established a nomination committee as the Directors consider that the Company is not of a size nor are its affairs of such complexity as to justify the formation of a nomination committee. The Board considers that it is able to deal efficiently and effectively with nomination and succession issues. The Board will be guided by the Board Charter, which can be accessed on the Company website at https://legacyminerals.com.au. The Company will review this position annually and determine whether a nomination committee needs to be established. Page 6 Corporate Governance Council recommendation Compliance Details Disclosure Required 2.2 A listed entity should have and disclose a board skills matrix setting out the mix of skills that the board currently has or is looking to achieve in its membership. Does not comply As required, Directors’ qualifications, experience and skills will be reported in each annual report. The Board believes that, with the Company’s scale and activities the Company does not require a board skills matrix setting out the mix of skills the Board currently has or is looking to achieve in its membership. 2.3 A listed entity should disclose: (a) the names of the directors considered by the board to be independent directors; (b) if a director has an interest, position, affiliation or relationship of the type described in Box 2.3 but the board is of the opinion that it does not compromise the independence of the director, the nature of the interest, position or relationship in question and an explanation of why the board is of that opinion; and (c) the length of service of each director. Complies The Board consists of three non- executive Directors (Dr David Carland appointed 21 June 2021, Mr Matthew Wall appointed 21 May 2021 and Mr Douglas Menzies appointed 21 May 2021); one Chief Executive Officer and Managing Director (Mr Christopher Byrne appointed 21 May 2021); and one Executive Director (Mr Thomas Wall appointed 21 May 2021). Messrs Byrne, Matthew Wall and Thomas Wall have indirect relevant interests in the Company and are each a substantial shareholder. Messrs Byrne, Matthew Wall and Thomas Wall are not independent. Mr Menzies may consult to the Company from time to time and is considered not to be independent. Dr Carland is considered to be independent. Not applicable 2.4 A majority of the board of a listed entity should be independent directors. Does not comply The Board presently comprises five Directors, one is considered independent and four not independent. The Board considers that this structure is appropriate for the Company’s scale and activities. 2.5 The chair of the board of a listed entity should be an independent director and, in particular, should not be the same person as the CEO of the entity. Complies Dr David Carland is Chairperson of the Board and independent. The CEO is the Managing Director Mr Chris Byrne. Not applicable 2.6 A listed entity should have a program for inducting new directors and for periodically reviewing whether there is a need for existing Does not comply The Board believes that, with the Company’s scale of activities, it does not require a formal program for inducting new Directors and for periodically reviewing whether there is a need for existing Directors to undertake Page 7 Corporate Governance Council recommendation Compliance Details Disclosure Required directors to undertake professional development to maintain the skills and knowledge needed to perform their role as directors effectively. professional development to maintain the skills and knowledge needed to perform their role as Directors effectively. 3.1 A listed entity should articulate and disclose its values. Complies The Company has a Code of Conduct which discloses its values. Not applicable 3.2 A listed entity should: (a) have and disclose a code of conduct for its directors, senior executives and employees; and (b) ensure that the board or a committee of the board is informed of any material breaches of that code. Complies Legacy Minerals has a Code of Conduct which sets out the values, commitments, ethical standards and policies of Legacy Minerals, and outlines the standards of conduct expected of Legacy Minerals’ employees, Directors and other persons that act on behalf of Legacy Minerals. The Code of Conduct deals with areas such as (amongst other things) conflicts of interest, ethical business practices and privacy. The Code of Conduct sets out mechanisms for persons to report conduct which breaches the Code of Conduct and explains the consequences which persons may face if they breach the Code of Conduct. The Board or a committee of the Board will monitor for any material breaches of the Code of Conduct by a Director or senior executive of Legacy Minerals, as well as any other material breaches of that Code of Conduct that call into question the culture of Legacy Minerals’ organisation. Not applicable 3.3 A listed entity should: (a) have and disclose a whistleblower policy; and (b) ensure that the board or a committee of the board is informed of any material incidents reported under that policy. Complies Legacy Minerals has adopted a Whistleblower Policy which sets out its commitment to creating and maintaining an environment where individuals can come forward and report known or suspected business misconduct or wrongdoing. The Whistleblower Policy applies to eligible ‘whistleblowers’ who disclose information to an eligible recipient which is protected under relevant legislation. The Whistleblower Policy sets out what matters can be disclosed, who they can be disclosed to, how a matter can be disclosed, the protections that are available for disclosers, how those the Not applicable Page 8 Corporate Governance Council recommendation Compliance Details Disclosure Required subject of a disclosure will be treated and how a disclosed matter will be handled and investigated. The Board will monitor for any material breaches of the Whistleblower Policy. 3.4 A listed entity should: (a) have and disclose an anti-bribery and corruption policy; and (b) ensure that the board or committee of the board is informed of any material breaches of that policy. Complies Legacy Minerals has adopted an Anti-Bribery and Corruption Policy for Directors, employees, contractors, consultants and other persons that act on behalf of Legacy Minerals and its associates. The Anti-Bribery and Corruption Policy sets out Legacy Minerals’ ‘zero tolerance’ approach to bribery and corruption. The Anti-Bribery and Corruption Policy covers bribery and corruption, gifts and hospitality, secret commissions, facilitation payments, dealings with politicians and government officials and charitable contributions. The Anti-Bribery and Corruption Policy sets out mechanisms for persons to report conduct which breaches the Anti-Bribery and Corruption Policy and explains the consequences which persons may face if they breach the Anti- Bribery and Corruption Policy. The Company Secretary is responsible for the overall administration of the Anti-Bribery and Corruption Policy. The Company Secretary must notify the Board of any material breach of the Anti-Bribery and Corruption Policy. The Board will be informed of any material breaches of the Anti- Bribery and Corruption Policy. Not applicable 4.1 The board of a listed entity should: (a) have an audit committee which: (1) has at least three members, all of whom are non- executive directors and a majority of whom are independent directors; and (2) is chaired by an independent director, Does not comply The Board has not formally established an audit committee as the Directors consider that the Company is not of a size nor are its affairs of such complexity as to justify the formation of an audit committee. The Board considers that it is able to deal efficiently and effectively with reviewing the integrity of the Company’s financial reporting and overseeing the independence of the external auditors. Page 9 Corporate Governance Council recommendation Compliance Details Disclosure Required who is not the chair of the board, and disclose: (3) the charter of the committee; (4) the relevant qualifications and experience of the members of the committee; and (5) in relation to each reporting period, the number of times the committee met throughout the period and the individual attendances of the members at those meetings; or (b) if it does not have an audit committee, disclose that fact and the processes it employs that independently verify and safeguard the integrity of its corporate reporting, including the processes for the appointment and removal of the external auditor and the rotation of the audit engagement partner. The Board will be guided by the Board Charter, which can be accessed on the Company website at https://legacyminerals.com.au. The Company will review this position annually and determine whether an audit committee needs to be established. 4.2 The board of a listed entity should, before it approves the entity’s financial statements for a financial period, receive from its CEO and CFO a declaration that, in their opinion, the financial records of the entity have been properly maintained and that the financial statements comply with the appropriate accounting standards and give a true and fair view of the financial position and performance of the entity and that the opinion has been formed on the basis of a sound system of risk management and internal control which Complies As is required by section 295A of the Corporations Act 2001 (Cth), the CEO and CFO make a declaration that, in their opinion, the financial records of the entity have been properly maintained and that the financial statements comply with the appropriate accounting standards and give a true and fair view of the financial position and performance of the entity. The Company extended the section 295A declaration to include the declaration that: (a) The opinion has been formed on the basis of a sound system of risk management and internal control, which is operating effectively; and (b) It is in respect of the Company’s financial statements for any financial period. Not applicable Page 10 Corporate Governance Council recommendation Compliance Details Disclosure Required is operating effectively. 4.3 A listed entity should disclose its process to verify the integrity of any periodic corporate report it releases to the market that is not audited or reviewed by an external auditor. Complies All periodic corporate reports the Company releases to the market that are not audited, or reviewed by an external auditor, are distributed to all Directors, relevant senior executives and consultants for review and confirmation before release. Not applicable 5.1 A listed entity should have and disclose a written policy for complying with its continuous disclosure obligations under listing rule 3.1. Does not comply Legacy Minerals has not prepared a written policy for complying with its continuous disclosure obligations under listing rule 3.1. However, Legacy Minerals is committed to promoting investor confidence and the rights of Shareholders by complying with the continuous disclosure obligations imposed by law, ensuring that all Shareholders have equal and timely access to material information concerning Legacy Minerals and communicating effectively with Shareholders. As a publicly listed company, the Company has continuous disclosure obligations under the Corporations Act 2001 (Cth) and the ASX Listing Rules to keep the market fully informed of all information which a reasonable person would expect to have a material effect on the price or value of the Company’s securities. Information will be communicated to Shareholders through announcements to ASX, half-yearly and yearly financial reports, an annual report, at Legacy Minerals’ annual general meeting and on Legacy Minerals’ website: https://legacyminerals.com.au/ The Company Secretary has been appointed as the person primarily responsible for managing the Board’s external communications with ASX. 5.2 A listed entity should ensure that its board receives copies of all material market announcements promptly after they have been made. Complies Each Director automatically receives an emailed copy of the Company’s market announcements. Not applicable 5.3 A listed entity that gives a new and substantive investor Complies Materials for new or substantive investor presentations are lodged on the ASX Market Not applicable Page 11 Corporate Governance Council recommendation Compliance Details Disclosure Required or analyst presentation should release a copy of the presentation materials on the ASX Market Announcements Platform ahead of the presentation. Announcements Platform ahead of the presentation. 6.1 A listed entity should provide information about itself and its governance to investors via its website. Complies Legacy Minerals aims to convey to its shareholders pertinent information in a factual, timely, regular and detailed manner. The Board ensures that the annual report includes relevant information about the operations of the Company during the period, and changes in the state of affairs of the Company, in addition to the other disclosures required by the Corporations Act 2001 (Cth). Information is communicated to shareholders by the Company through: (a) Placement of market announcements on the Legacy Minerals’ website: https://legacyminerals.com. au/ (b) The annual and interim financial reports (for those shareholders who have requested a copy); (c) Disclosures to the Australian Securities Exchange and the Australian Securities & Investments Commission; (d) Notices and explanatory memoranda of annual general meetings; and (e) The Invitation to attend and raise questions at the Annual General Meeting. All shareholders are welcome to communicate directly with the Legacy Minerals. All queries will be answered to the maximum extent possible (with consideration given to commercially sensitive information, privacy requirements and the Legacy Minerals’ disclosure obligations) and in a timely fashion. Not applicable 6.2 A listed entity should have an investor Complies Refer Recommendation 6.1 above. Not applicable Page 12 Corporate Governance Council recommendation Compliance Details Disclosure Required relations program that facilitates effective two-way communication with investors. 6.3 A listed entity should disclose how it facilitates and encourages participation at meetings of security holders. Complies Refer Recommendation 6.1 above. Not applicable 6.4 A listed entity should ensure that all substantive resolutions at a meeting of security holders are decided by a poll rather than by a show of hands. Complies The Legacy Minerals’ constitution states that, at a meeting of Legacy Minerals’ members, a resolution put to the vote at that meeting must be decided on a show of hands unless a poll is demanded. A poll demanded on a matter other than the election of a chair of that meeting or the question of an adjournment must be taken when and in the manner the chair of that meeting directs. The Company will comply with section 10 of ASX Guidance Note 35, that all ASX Listing Rule resolutions are to be decided by a poll rather than by a show of hands. Not applicable 6.5 A listed entity should give security holders the option to receive communications from, and send communications to, the entity and its security registry electronically. Complies Refer Recommendation 6.1 above. Not applicable 7.1 The board of a listed entity should: (a) have a committee or committees to oversee risk, each of which: (1) has at least three members, a majority of whom are independent directors; and (2) is chaired by an independent director, and disclose: (3) the charter of the committee; (4) the members of the committee; and (5) as at the end of each reporting period, the number of times the committee met Does not comply The Board has not formally established a risk committee as the Directors consider that the Company is not of a size nor are its affairs of such complexity as to justify the formation of a risk committee. The Board considers that it is able to deal efficiently and effectively with overseeing risk management. The Board will be guided by the Board Charter, which can be accessed on the Company website at https://legacyminerals.com.au. The Company will review this position annually and determine whether a risk committee needs to be established. Page 13 Corporate Governance Council recommendation Compliance Details Disclosure Required throughout the period and the individual attendances of the members at those meetings; or (b) if it does not have a risk committee or committees that satisfy (a) above, disclose that fact and the processes it employs for overseeing the entity’s risk management framework. 7.2 The board or a committee of the board should: (a) review the entity’s risk management framework at least annually to satisfy itself that it continues to be sound and that the entity is operating with due regard to the risk appetite set by the board; and (b) disclose, in relation to each reporting period, whether such a review has taken place. Does not comply The Board conducts ongoing reviews of the Company’s risk management framework. The Board believes that, with the Company’s scale of activities, it does not require a formal annual program to satisfy itself that the Company’s risk management framework continues to be sound and that the Company is operating with due regard to the risk appetite set by the Board. 7.3 A listed entity should disclose: (a) if it has an internal audit function, how the function is structured and what role it performs; or (b) if it does not have an internal audit function, that fact and the processes it employs for evaluating and continually improving the effectiveness of its governance, risk management and internal control processes. Complies Legacy Minerals does not have a formal internal audit function. However, the Board oversee the effectiveness of internal controls. The Board actively encourages the external auditor to raise internal control issues. Not applicable 7.4 A listed entity should disclose whether it has any material exposure to environmental or social risks and, if it does, how it manages or intends to manage those risks. Complies Refer Recommendation 7.1 above. Not applicable Page 14 Corporate Governance Council recommendation Compliance Details Disclosure Required 8.1 The board of a listed entity should: (a) have a remuneration committee which: (1) has at least three members, a majority of whom are independent directors; and (2) is chaired by an independent director, and disclose: (3) the charter of the committee; (4) the members of the committee; and (5) as at the end of each reporting period, the number of times the committee met throughout the period and the individual attendances of the members at those meetings; or (b) if it does not have a remuneration committee, disclose that fact and the processes it employs for setting the level and composition of remuneration for directors and senior executives and ensuring that such remuneration is appropriate and not excessive. Does not comply The Board has not formally established a remuneration committee as the Directors consider that the Company is not of a size nor are its affairs of such complexity as to justify the formation of a remuneration committee. The Board considers that it is able to deal efficiently and effectively with remuneration issues. The Board will be guided by the Board Charter, which can be accessed on the Company website at https://legacyminerals.com.au. The Company will review this position annually and determine whether a remuneration committee needs to be established. 8.2 A listed entity should separately disclose its policies