Notification regarding unquoted securities - EMU

Announcement Summary:

Entity Name: EMU NL

Date: Wednesday, April 22, 2026

• EMU NL has issued 65,369,577 unquoted equity securities (EMUO OPTION EXPIRING 31-JAN-2027 DEFERRED) on April 22, 2026.

• The announcement is a new one.

• The securities were issued as part of a transaction previously announced in Appendix 3B.

• The consideration for these securities is free attaching options in a non-renounceable rights issue.

Investors, please note that following this issue, EMU NL's total quoted securities on ASX include:

• 286,165,546 fully paid ordinary shares (EMU)

• 1,349,586 partly paid ordinary shares (EMUCA)

• 146,610,377 fully paid deferred ordinary shares (EMUNE)

• 146,610,377 deferred options expiring on January 31, 2027 (EMUOA)

For further details or queries regarding this announcement, feel free to reach out to us. Your investment in EMU NL is valued, and we are committed to transparency in our operations.