Announcement PDF Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 1 / 9 Announcement Summary Entity name PROVARIS ENERGY LTD Date of this announcement Tuesday September 29, 2026 The +securities the subject of this notification are: Total number of +securities to be issued/transferred ASX +security code Security description Total number of +securities to be issued/transferred Issue date New class - code to be confirmed Convertible Debt Securities 120 29/09/2026 New class - code to be confirmed Unlisted Options 6,000,000 29/09/2026 Refer to next page for full details of the announcement +Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 2 / 9 Part 1 - Entity and announcement details 1.1 Name of entity PROVARIS ENERGY LTD We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities. 1.2 Registered number type ABN Registration number 53109213470 1.3 ASX issuer code PV1 1.4 The announcement is 1.5 Date of this announcement 29/9/2026 New announcement Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 3 / 9 Part 2 - Issue details 2.1 The +securities the subject of this notification are: Previous Appendix 3B details: Announcement Date and Time 28-Sep-2026 19:25 Announcement Title New - Proposed issue of securities - PV1 Selected Appendix 3B to submit quotation request A placement or other type of issue 2.3a.2 Are there any further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B? No +Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 4 / 9 Part 3A - number and type of +securities the subject of this notification (existing class or new class) where issue has previously been notified to ASX in an Appendix 3B Placement Details ASX +security code and description new unquoted class of security Date the +securities the subject of this notification were issued 29/9/2026 Any other information the entity wishes to provide about the +securities the subject of this notification Issue details Number of +securities 120 Were the +securities issued for a cash consideration? In what currency was the cash consideration being paid? AUD - Australian Dollar What was the issue price per +security? AUD 5,000.00000000 ASX +security code and description new unquoted class of security Date the +securities the subject of this notification were issued 29/9/2026 Any other information the entity wishes to provide about the +securities the subject of this notification Yes Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 5 / 9 Issue details Number of +securities 120 Were the +securities issued for a cash consideration? Please describe the consideration being provided for the +securities Part of a Convertible Note Facility No No Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 6 / 9 Part 3C - number and type of +securities the subject of this notification (new class) ASX +security code New class - code to be confirmed +Security description Convertible Debt Securities +Security type +Convertible debt securities ISIN code Date the +securities the subject of this notification were issued 29/9/2026 Will all the +securities issued in this class rank equally in all respects from their issue date? Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1? Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. Refer to ASX announcement 28 September 2026 https://investors.provaris.energy/announcements/7757703 +Convertible debt securities Details Type of +security Convertible note or bond +Security currency AUD - Australian Dollar Face value AUD 5,000.00000000 Interest rate type Zero coupon/no interest Frequency of coupon/interest payments per year No coupon/interest payments s128F of the Income Tax Assessment Act status applicable to the +security s128F exempt Is the +security perpetual (i.e. no maturity)? Maturity date 28/9/2028 Select other feature(s) applicable to the +security Is there a first trigger date on which a right of conversion, redemption, call or put can be exercised (whichever is first)? If yes, what is the first trigger date? 26/10/2026 Details of the existing class of +security that will be issued if the securities are converted, transformed or exchanged PV1 : ORDINARY FULLY PAID Yes Redeemable Redeemable Convertible No No Yes Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 7 / 9 Any other information the entity wishes to provide about the +securities the subject of this notification Issue details Number of +securities 120 ASX +security code New class - code to be confirmed +Security description Unlisted Options +Security type Options ISIN code Date the +securities the subject of this notification were issued 29/9/2026 Will all the +securities issued in this class rank equally in all respects from their issue date? Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1? Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. Refer to ASX announcement 28 September 2026 https://investors.provaris.energy/announcements/7757703 Options Details +Security currency AUD - Australian Dollar Exercise price AUD 0.01300000 Expiry date 28/9/2029 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option PV1 : ORDINARY FULLY PAID Any other information the entity wishes to provide about the +securities the subject of this notification Free attaching unlisted options under the Convertible Note Facility No Yes Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 8 / 9 Issue details Number of +securities 6,000,000 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 9 / 9 Part 4 - +Securities on issue Following the issue, conversion or payment up of the +securities the subject of this notification, the +securities of the entity will comprise: The figures in parts 4.1 and 4.2 below are automatically generated and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX for processing. 4.1 Quoted +securities (Total number of each +class of +securities issued and quoted on ASX) ASX +security code and description Total number of +securities on issue PV1 : ORDINARY FULLY PAID 1,171,362,351 4.2 Unquoted +securities (Total number of each +class of +securities issued but not quoted on ASX) ASX +security code and description Total number of +securities on issue PV1AP : OPTION EXPIRING 20-FEB-2027 EX $0.03 91,271,798 PV1AF : PERFORMANCE RIGHTS 26,000,000 PV1AG : OPTION EXPIRING 04-SEP-2029 EX $0.013 52,281,029 PV1AE : OPTION EXPIRING 08-MAY-2027 EX $0.0661 4,000,000 New class - code to be confirmed : Convertible Debt Securities 120 New class - code to be confirmed : Unlisted Options 6,000,000