Quarterly Activities/Appendix 4C Cash Flow Report

Provaris Energy Ltd (ASX: PV1, Provaris, the Company) is pleased to provide a summary of the Company’s development activities for the quarter that ended 31 December 2025.

HIGHLIGHTS:

• “K” Line Strategic Partnership Strengthens Hydrogen (H2) Shipping Readiness

• Nordic Hydrogen Agreements Renewed to Support Export Projects

• Fabrication resumed of H2 Prototype Tank at Robotics Innovation Centre, Norway

• LCO2 Tank Development with Yinson Maintains Delivery Schedule in 2026
  

Provaris Managing Director and CEO, Martin Carolan, commented: “The December 2025 quarter marked further progress across both our Hydrogen and LCO2 programs, reinforcing and de-risking our technical readiness and commercial partnerships ahead of 2026 milestones which will create value for shareholders. The establishment of our own robotic fabrication facility in Norway and resumption of H2 prototype tank fabrication enables the demonstration of our proprietary designs for large, layered steel tanks for H2 and LCO2, whilst also supporting final marine classification approvals. Our work with our H2 shipping partner “K” Line and with Yinson for LCO2 continues to deepen, validating Provaris’ strategic role as an enabler of next generation shipping and storage solutions. As we move into 2026, our focus remains on converting this technical leadership into commercial execution and long term shareholder value."