Notification regarding unquoted securities - YRL

Yandal Resources Limited has issued 3,100,000 unquoted equity securities, YRLAAA options expiring on 30-Nov-2028 with an exercise price of $0.14 each. These options were granted to Directors following shareholder approval at the 2025 AGM. The options have a 50% premium to the 5-day YRL VWAP up to the grant date of 30 June 2025, will vest after one year of service post the grant date, and expire on 30 November 2028 under the Employee Incentive Securities Plan.

For investors interested in the company, this announcement reflects the company's commitment to aligning management incentives with shareholder interests and recognizing their contribution through equity participation. We encourage you to reach out with any questions regarding this recent development or any other aspect of our operations. Thank you for your continued support and interest in Yandal Resources Limited.