Quarterly Activities/Appendix 5B Cash Flow Report

• Resource definition drilling commenced at Zopkhito Antimony-Gold Project
• Multiple zones of stibnite mineralisation identified from initial drilling
• Zopkhito Option Term Sheet restructured for capital-efficient earn-in
• Georgian government granted 2-year extension for exploration activities
• Raised $1.6 million to fund 2026 exploration program

Krakatoa Resources Ltd. has reported its quarterly activities for the period ending June 2026, highlighting advancements at its Zopkhito Antimony-Gold Project in Georgia. Key highlights include the commencement of resource definition drilling, identification of multiple zones of stibnite mineralization, and a restructured earn-in agreement that provides a capital-efficient pathway to acquire up to an 80% interest in the project. Additionally, the Georgian government granted a two-year extension for exploration activities, and the company raised $1.6 million to fund its 2026 exploration program.