Quarterly Activities Report and Appendix 5B

• Sangomar field achieved 94 Mbbl/d production rate with 99.2% reliability
• FAR established off-market share buy-back for unmarketable parcels
• Received provisional Contingent Payment of US$23.7 million from Woodside
• Australian Taxation Office confirmed capital return not treated as dividend
• Cash balance at quarter end was US$1.73 million

FAR Ltd's Quarterly Activities Report for the quarter ended 30 September 2026 highlights several key operational and financial updates. Notably, the Sangomar field achieved an average daily production rate of 94 Mbbl/d with a reliability of 99.2%. FAR also established an off-market share buy-back facility for shareholders holding unmarketable parcels. The company received a provisional Contingent Payment of US$23.7 million from Woodside Energy, subject to final reconciliation. Additionally, the Australian Taxation Office confirmed that the capital return paid on 11 June 2026 will not be treated as a dividend for tax purposes. The company's cash balance at the end of the quarter stood at US$1.73 million.