Appendix 3H - Notification of cessation of securities Announcement Summary Entity name VICTORY METALS LIMITED Announcement Type New announcement Date of this announcement Wednesday July 31, 2024 Details of +securities that have ceased ASX +security code Security description Number of +securities that have ceased The +securities have ceased due to Date of cessation VTMAI OPTION EXPIRING 16-JUL-2024 EX $0.30 1,533,334 Expiry of option or other convertible security without exercise or conversion 16/07/2024 VTMAJ OPTION EXPIRING 16-JUL-2024 EX $0.30 1,533,333 Expiry of option or other convertible security without exercise or conversion 16/07/2024 VTMAK OPTION EXPIRING 16-JUL-2024 EX $0.40 1,533,333 Lapse of conditional right to securities because the conditions have not been, or have become incapable of being, satisfied 16/07/2024 VTMAL PERFORMANCE SHARES 476,348 Lapse of conditional right to securities because the conditions have not been, or have become incapable of being, satisfied 20/07/2024 VTMAM PERFORMANCE SHARES 4,227,118 Lapse of conditional right to securities because the conditions have not been, or have become incapable of being, satisfied 20/07/2024 Refer to next page for full details of the announcement Appendix 3H - Notification of cessation of securities 1/5 Appendix 3H - Notification of cessation of securities Part 1 - Announcement Details 1.1 Name of +Entity VICTORY METALS LIMITED We (the entity named above) provide the following information about our issued capital. 1.2 Registered Number Type Registration Number ACN 124279750 1.3 ASX issuer code VTM 1.4 The announcement is New announcement 1.5 Date of this announcement 31/7/2024 Appendix 3H - Notification of cessation of securities 2/5 Appendix 3H - Notification of cessation of securities Part 2 - Details of +equity securities or +debt securities that have ceased ASX +Security Code and Description VTMAI : OPTION EXPIRING 16-JUL-2024 EX $0.30 Unquoted +equity securities that have ceased Number of securities that have ceased 1,533,334 Reason for cessation Expiry of option or other convertible security without exercise or conversion Date of cessation 16/7/2024 Is the entity paying any consideration for the cessation? No Any other information the entity wishes to notify to ASX about the cessation? ASX +Security Code and Description VTMAJ : OPTION EXPIRING 16-JUL-2024 EX $0.30 Unquoted +equity securities that have ceased Number of securities that have ceased 1,533,333 Reason for cessation Expiry of option or other convertible security without exercise or conversion Date of cessation 16/7/2024 Is the entity paying any consideration for the cessation? No Any other information the entity wishes to notify to ASX about the cessation? ASX +Security Code and Description VTMAK : OPTION EXPIRING 16-JUL-2024 EX $0.40 Unquoted +equity securities that have ceased Number of securities that have ceased 1,533,333 Reason for cessation Lapse of conditional right to securities because the conditions have not been, or have become incapable of being, satisfied Date of cessation 16/7/2024 Is the entity paying any consideration for the cessation? No Appendix 3H - Notification of cessation of securities 3/5 Appendix 3H - Notification of cessation of securities Any other information the entity wishes to notify to ASX about the cessation? ASX +Security Code and Description VTMAL : PERFORMANCE SHARES Unquoted +equity securities that have ceased Number of securities that have ceased 476,348 Reason for cessation Lapse of conditional right to securities because the conditions have not been, or have become incapable of being, satisfied Date of cessation 20/7/2024 Is the entity paying any consideration for the cessation? No Any other information the entity wishes to notify to ASX about the cessation? ASX +Security Code and Description VTMAM : PERFORMANCE SHARES Unquoted +equity securities that have ceased Number of securities that have ceased 4,227,118 Reason for cessation Lapse of conditional right to securities because the conditions have not been, or have become incapable of being, satisfied Date of cessation 20/7/2024 Is the entity paying any consideration for the cessation? No Any other information the entity wishes to notify to ASX about the cessation? Appendix 3H - Notification of cessation of securities 4/5 Appendix 3H - Notification of cessation of securities Part 3 - Issued capital following changes Following the cessation of the +securities the subject of this notification, the issued capital of the entity will comprise: The figures in parts 3.1 and 3.2 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. 3.1 Quoted +equity securities and +debt securities (total number of each +class of +securities quoted on ASX) ASX +security code and description VTM : ORDINARY FULLY PAID Total number of +securities on issue 92,763,292 3.2 Unquoted +equity securities (total number of each +class of +equity securities issued but not quoted on ASX) ASX +security code and description Total number of +securities on issue VTMAI : OPTION EXPIRING 16-JUL-2024 EX $0.30 0 VTMAJ : OPTION EXPIRING 16-JUL-2024 EX $0.30 0 VTMAK : OPTION EXPIRING 16-JUL-2024 EX $0.40 0 VTMAL : PERFORMANCE SHARES 0 VTMAM : PERFORMANCE SHARES 0 VTMAQ : OPTION EXPIRING 28-MAR-2025 EX $0.30 66,666 VTMAO : OPTION EXPIRING 11-NOV-2024 EX $0.30 9,166,667 VTMAP : PERFORMANCE RIGHTS 3,500,000 Note: the figures stated in the tables above are used to calculate the total market capitalisation of the entity published by ASX from time to time. The table will not include those classes of +securities that have ceased or lapsed in their entirety in ASX records before the announcement date described in Q1.5, even if the entity has advised ASX of a change to that class of +security in Part 2 of this form. Appendix 3H - Notification of cessation of securities 5/5