Q4FY26 Quarterly Report and Appendix 5B

• Completed stimulation and flow testing of Lorelle-3H well
• Booked 662 BCFe of new net 2C Contingent Gas Resources in ATP2057
• Executed Early Works Agreement for pipeline to Wallumbilla Gas Hub
• Maintained $11.1 million liquidity at quarter end

Elixir Energy Limited reported its Q4FY26 quarterly highlights, marking significant milestones. The company completed the stimulation, completion, and initial flow testing of the Lorelle-3H appraisal well in ATP2056, achieving promising early results. Additionally, Elixir booked 662 BCFe of new net 2C Contingent Gas Resources in ATP2057, increasing its total Contingent Gas Resources to approximately 3.5 TCFe. Elixir also executed an Early Works Agreement with APA Group to investigate the optimal path for its northern Taroom Trough gas to the Wallumbilla Gas Hub. The company finished the quarter with $11.1 million of liquidity, having completed its planned 2026 capital program.

Elixir Energy expects to complete production testing and deliver data for the next development phase.

Elixir is optimistic about the quality of the Taroom Trough resource and looks forward to completing production testing.