• Completed acquisition of Webbs Consol Silver Project
• Discovered new parallel silver lode at Webbs Silver Project
• Appointed John Poynton AO as new Chairman

Rapid Critical Metals Limited (ASX: RCM) reported its quarterly activities for the period ended 31 December 2025. Key highlights include the completion of the acquisition of the Webbs Consol Silver Project from Lode Resources, the discovery of a new parallel silver lode at the wholly owned Webbs Silver Project in New South Wales, and the appointment of John Poynton AO as the new Chairman of the Company. The acquisition of Webbs Consol adds 32Moz AgEq at high grades to RCM's existing portfolio, consolidating a high-grade silver belt in the New England Fold Belt. The discovery of the new parallel lode at Webbs, approximately 120 meters west of the existing Main Lode system, represents a previously unrecognized mineralized structure and supports the potential to expand the existing resource footprint. RCM plans to commence a 15,000-meter drill program in Q2 2026 to further define the geometry and continuity of the new lode. Additionally, the Company appointed METS Engineering Group to undertake a scoping study on the NSW silver projects, including metallurgical test work and process optimization. In Canada, RCM continued to progress exploration activities at the Prophet River project, including processing of geophysical data and extending the lease tenures to the maximum 10-year limit.

Rapid Critical Metals is well-positioned with high-grade assets in a tier-one jurisdiction and is funded to expand its exceptional asset base at a time when silver prices are at all-time highs. The Company plans to accelerate exploration and development activities to create long-term value for shareholders.