Norfolk Ciclon Copper Project - SPA Extension

• Norfolk Metals extends SPA for Ciclón Copper Project acquisition by two months
• Extension fee of US$250,000 paid to Pampa Camarones SpA
• Extension conditional on securing US$60 million in capital raising or underwriting agreement

Norfolk Metals Limited has extended the Share Purchase Agreement (SPA) for the acquisition of the Ciclón Copper Project in Chile by two months, from 13 July 2026 to 13 September 2026. The extension is contingent on the Company providing evidence of securing at least US$60 million under the proposed capital raising or entering into an underwriting agreement by 31 July 2026. The extension fee of US$250,000 has been paid to Pampa Camarones SpA. This extension allows the Company to complete necessary conditions precedent, including shareholder approvals and capital raising.

Norfolk Metals aims to secure the required capital to finalize the acquisition of the Ciclón Copper Project, with an indicative timetable to be provided in the prospectus.