Announcement PDF Company Update and Capital Raising Presentation October 2026 ASX:YRL yandalresources.com.au Visit our InvestorHub at: https://investorhub.yandalresources.com.au DISCLAIMERS FORWARD LOOKING STATEMENT This presentation has been prepared by Yandal Resources Ltd (“Yandal” or “YRL”). The information contained in this presentation is a professional opinion only and is given in good faith. Certain information in this document has been derived from third parties and though YRL has no reason to believe that it is not accurate, reliable or complete, it has not been independently audited or verified by YRL. This presentation is in summary form and does not purport to be all inclusive or complete. Recipients should conduct their own investigations and perform their own analysis in order to satisfy themselves as to the accuracy and completeness of the information, statements and opinions contained. This is for information purposes only. Neither this nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of YRL shares in any jurisdiction. This does not constitute investment advice and has been prepared without taking into account the recipient’s investment objectives, financial circumstances or particular needs and the opinions and recommendations in this presentation are not intended to represent recommendations of particular investments to particular persons. Recipients should seek professional advice when deciding if an investment is appropriate. All securities transactions involve risks, which include (among others) the risk of adverse or unanticipated market, financial or political developments. To the fullest extent permitted by law, YRL, its officers, employees, related bodies corporate, agents and advisers do not make any representation or warranty, express or implied, as to the currency, accuracy, reliability or completeness of any information, statements, opinions, estimates, forecasts or other representations contained in this presentation. No responsibility for any errors or omissions from this arising out of negligence or otherwise is accepted. Any forward-looking statements included in this document involve subjective judgment and analysis and are subject to uncertainties, risks and contingencies, many of which are outside the control of, and may be unknown to YRL. In particular, they speak only as of the date of this document, they assume the success of YRL’s strategies, and they are subject to significant regulatory, business, competitive and economic uncertainties and risks. Actual future events may vary materially from the forward-looking statements and the assumptions on which the forward- looking statements are based. Recipients of this document are cautionead to not place undue reliance on such forward-looking statements. COMPETENT PERSONS STATEMENT The information in this document that relates to Exploration Results, geology and data compilation is based on information reviewed or compiled by Mr Chris Oorschot, a Competent Person who is a Member of The Australian Institute Geoscientists. Mr Oorschot is the Chief Executive Officer of the Company, is a full-time employee and holds shares and options in the Company. Mr Oorschot has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr Oorschot consents to the inclusion in this announcement of the matters based on this information in the form and context in which it appears. The information in this announcement that relates to the Flushing Meadows and Mt McClure Mineral Resource Estimates is based on information compiled and generated by Andrew Bewsher, an employee of BM Geological Services Pty Ltd (“BMGS”). Both Andrew Bewsher and BMGS hold shares in the company. BMGS consents to the inclusion, form and context of the relevant information herein as derived from the original resource reports. Mr Bewsher has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity which is being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the JORC ‘Australian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. YRL confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements. The company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcements. IMPORTANT INFORMATION ASX: YRL | YANDALRESOURCES. COM. AU 2 250 Kilometres N IRONSTONE WELL–BARWIDGEE GOLD PROJECT MOUNT McCLURE GOLD PROJECT WESTERN AUSTRALIA WHY THE YANDAL BELT? ASX: YRL | YANDALRESOURCES. COM. AU 3 Estimated ~21Moz resource endowment within the Yandal Greenstone Belt An exploration strategy targeting large-scale multi-million-ounce discoveries An active exploration campaign scheduled over a 456km2 ground holding with a combined existing ~450koz Mineral Resources Inventory across all projects Respectful relationship with the Kultju traditional owners, enabling active heritage clearance programs ASX: YRL | YANDALRESOURCES. COM. AU 4 Zipf’s theoretical gold deposit size-distribution curve applied to the Yandal Greenstone Belt Assumes the largest deposit in belt is Nimary-Jundee (10Moz); only deposits >200,000oz plotted. The Bronzewing and Mt McClure deposits are plotted as “camp” rather than individual deposits. Calculated in 2023. See Appendix A for data sources THE YANDAL BELT OPPORTUNITY DISCOVERY POTENTIAL Unlocking Potential Yandal Greenstone Belt Hosts Several World-Class Deposits • Total endowment ~21Moz • Belts strike over 240km • Major deposit frequency ~40km to 60km • Significant deposit “gap” between Bronzewing (3.6Moz) and Jundee-Nimary (~10Moz) ASX: YRL | YANDALRESOURCES. COM. AU 5 PROJECTS SITUATED FOR FURTHER DISCOVERY DISCOVERY POTENTIAL Unlocking Potential “The Ironstone Well-Barwidgee Gold Project commands a significant land position in this gap” • YRL holds continuous tenure over 55km of highly prospective stratigraphy • Transported cover and ineffective historic datasets present an opportunity for new discoveries beyond Arrakis and Siona • Mineralisation observed across multiple lithology groups: granitoids, basalts, dolerites, iron-rich sediments • Combined Mineral Resources of 450koz across all YRL projects YANDAL RESOURCES ASX: YRL | YANDALRESOURCES. COM. AU 6 Targeting Multi-Million-Ounce Gold Discoveries Historic Mining Centre With Demonstrated Potential For Further Resource Growth Mt McClure 182Koz Au @ 1.7g/t Mineral Resource Mt McClure Gold Project Ironstone Well – Barwidgee Gold Project Flushing Meadow 268Koz Au @ 1.1g/t Au Mineral Resource Targeting New Discoveries Yandal Belt King of the Hills Thunder Box Darlot ~ 3.5Moz Bellevue Kathleen Valley Mt Keith Wiluna Jundee ~ 9.4MOz Bronzewing ~ 3.0Moz Wiluna Leinster New England Granite Siona Discovery Flushing Meadows Deposit 268koz Caladan Target area Arrakis Discovery 50km Ironstone Well- Barwidgee Gold Project Mt McClure Gold Project 182koz Dingo Range Project Greg Evans Non-Executive Director BCom, DipApp Fin, GAICD • +25yrs in investment banking in the mining and resources sector • Corporate and Financial Advisor to public companies and large private business owners across multiple sectors CAPITAL STRUCTURE BOARD & EXPLORATION MANAGEMENT CORPORATE SNAPSHOT Share Price1 $0.082 Shares on Issue 382.6m Options 18.2m3 Market Cap1 ~$31.4m Cash2 30 Sept ~$3.3m 15.2% Regal Funds 14.7% Gold Fields 11.0% Ed Eshuys 8.9% Hermit Holdings 42.2% Other ~77.8% Top 20 Owen Casey Geology Manager BSc (Hons), MAIG • Exploration geologist with + 16yrs experience predominantly in the Western Australia gold sector • Strong background in WA gold exploration and project development Eduard Eshuys Non-Executive Chair BSc, FAusIMM, FAICD • Highly successful explorer and gold industry executive • Led teams in discovery of numerous gold deposits including Plutonic, Jundee and Bronzewing 1. Based on the closing share price of $0.082 at the close of trade on 27 October 2026 2. Cash position as of 30 September 2026, see ASX release 27October 2026 3. Options held by the YRL board, management, and staff. 14% YRL Board 89.9% Top 50 Andrew Jackson Non-Executive Director PhD(Finance), BEc (Hons), CFA, GAICD • +25yrs in institutional funds management • Strong background in Australian equities, investment research and corporate governance EV ~$28.1m 5.6% Caroline House Sevan Gore Non-Executive Director Appointment effective 1 November 2026 • Experienced Corporate lawyer • Strong background in mergers & acquisitions and equity capital markets IRONSTONE WELL-BARWIDGEE ASX: YRL | YANDALRESOURCES. COM. AU 8 Excellent Geological Setting Ideal geology and structures Area of 456km2 (and growing) covering ~53km of strike Underexplored – New Regional Datasets Acquired Broader geological setting poorly understood historically Transported cover and complex regolith Existing Mineral Resource Flushing Meadows 268Koz - Located on a granted mining lease Looking to apply technical insights from recent discoveries Unlocking Discoveries Refocus on New Large-Scale Discoveries by Expanding Project-Wide Datasets Increase ultra-fine soil sampling coverage and refocus on poorly tested parts of the IWB Project GROWING THE ARRAKIS DISCOVERY ARRAKIS DISCOVERY 9 ASX: YRL | YANDALRESOURCES. COM. AU Unlocking Potential 500m < 6,350mN Section 6750mN 6150mN 5350mN 5950mN 6950mN 7050mN < 6,050mN Section 6450mN 6850mN 26IWBRC0120 20m @ 8.7g/t Au Incl. 6m @ 28.3g/t Au 6550mN 6650mN 26IWBRC0135 6m @ 2.5g/t Au Incl. 4m @ 3.5g/t Au 26IWBRC0121D 15m @ 1.2g/t Au, Incl. 5m @ 2.4g/t 17.5m @ 2.3 g/t Au, Incl. 3.8m @ 2.8g/t Au, & 4.8m @ 4.0g/t Au, 17.0m @ 1.1 g/t Au, Incl. 1.6m @ 3.8g/t Au 26IWBRC0117D 24.2m @ 1.4g/t Au Incl. 8.3m @ 3.0g/t Au Incl. 3.0m @ 5.4g/t Au 25IWBAC096 9m @ 1.2 g/t Au 6250mN 26IWBRC0116D 2m @ 0.5g/t Au 26IWBDD0016 16.7m @ 1.0g/t Au Incl. 2.7m @ 1.8g/t Au 26IWBDD0017 56.6m @ 1.1g/t Au Incl. 8m @ 1.8g/t Au, 6.4m @ 2.3g/t Au, & 3.8m @ 2.8g/t Au Surface Projection of Arrakis Mineralisation Model Hosted Within A Previously Unrecognised Large-scale Structure • Large-scale Caladan fold structure, 3km wide >8km long, identified in 2024 from a ground gravity survey Air-core Drilling Defined Arrakis • Extensive >2.2km regolith anomaly defined in mid-2025 • Fresh rock mineralisation intercepted in September 2025 confirming discovery RC And Diamond Drilling Defined 1.3km Strike • Both broad lower-grade mineralisation and narrower high- grade mineralisation • Remains open at depth • Diamond drilling program underway to see if grade and widths improve with depth – results pending Arrakis cross-section, see ASX release 19th October 2026 GROWING THE ARRAKIS DISCOVERY ARRAKIS DISCOVERY 10 ASX: YRL | YANDALRESOURCES. COM. AU Recent Drilling Results Cross-Section 6,050mN northwest facing Transported Cover Surface Planned Diamond Hole 3m @ 2.0g/t Au Incl. 1m @ 4.1g/t Au 12m @ 2.3g/t Au Incl. 6m @ 3.7g/t Au 27m @ 1.2g/t Au Incl. 2m @ 5.1g/t Au & 5m @ 2.7g/t Au 11m @ 1.7g/t Au Incl. 6m @ 2.8g/t Au 56.6m @ 1.1g/t Au 13m @ 1.5g/t Au Incl. 8m @ 2.2g/t Au 29.8m @ 1.4g/t Au Incl. 8m @ 1.8g/t Au & 6.4m @ 2.3g/t Au 20.5m @ 1.0g/t Au Incl. 3.8m @ 2.8g/t Au New High-Grade Gold Domain-C Defined • 20m @ 8.7g/t Au from 84m in 26IWBRC0120 (ETW*1 13m), including - 6m @ 28.3g/t Au from 84m • 17.5m @ 2.3g/t Au from 127.5m in 26IWBRC0121D (ETW*1 14m) • 17.0m @ 1.1g/t Au from 162.0m in 26IWBRC0121D (ETW*1 10m) • 50m @ 1.3g/t Au from 122m in 25IWBRC0042 (ETW*1 20m), including - 28m @ 1.9g/t Au from 143m High-Grade Domain-A Extended 100m Down-Dip • 56.6m @ 1.1g/t Au from 398.5m in 26IWBDD0017 (ETW*1 32m), including, • 29.8m @ 1.4g/t Au from 398.5m, which further includes, -8.0m @ 1.8g/t Au from 398.5m, and 6.4m @ 2.3g/t Au from 413.5m • 20.5m @ 1.0g/t Au from 434.7 m; this further includes - 3.8m @ 2.8g/t Au from 434.7m *1 ETW - Estimated True Width Arrakis cross-section, see ASX release 19th October 2026 ARRAKIS DISCOVERY ASX: YRL | YANDALRESOURCES. COM. AU 11 2km ARRAKIS DISCOVERY 12 ASX: YRL | YANDALRESOURCES. COM. AU Scale 200m NORTHWEST Surface BOCO Arrakis Longitudinal Section southwest facing SOUTHEAST 26IWBRC0120 20m @ 8.7g/t Au Incl. 6m @ 28.3g/t Au Incl. 3m @ 52.8g/t Au Long-section Plots Confirmed Intercepts Within the Primary Arrakis Structure Only Transported Cover 26IWBRC0121D 15m @ 1.2g/t Au, Incl. 5 m @ 2.4g/t 17.5m @ 2.3 g/t Au, Incl. 3.8m @ 2.8g/t Au, & Incl. 4.8m @ 4.0g/t Au, followed by 17.0m @ 1.1 g/t Au, Incl. 1.6m @ 3.8g/t Au Domain A Domain B Domain C 26IWBRC0116D 1.4m @ 0.6g/t Au 25IWBRC0042 50m @ 1.3 g/t Au incl. 28m @ 1.9g/t Au 26IWBRC0066D- 11.5m @ 1.6g/t Au, Incl. 5.0m @ 3.1g/t Au & 21.7m @ 0.8g/t Au Incl. 4m @ 2.1g/t Au 26IWBRC0117D 24.2m @ 1.4g/t Au Incl. 8.3m @ 3.0g/t Au 26IWBDD0017 56.6m @ 1.1g/t Au, Incl. 29.8m @ 1.4g/t Au & 20.5m @ 1.0g/t Au 26IWBDD0016 16.7m @ 1.0g/t Au 26IWBRC0110D 1.6m @ 1.2g/t Au 26IWBDD0018 Results Pending 26IWBDD0019 Results Pending 26IWBDD0020 Results Pending Refocus Exploration Framework Diamond Drilling Program Complete • Fresh rock mineralisation continuity in fresh rock identified • Extension of shallow oxide mineralisation to the southeast • Final results still pending Broader AC Program • The area between Giedi Prime and Flushing Meadows had been poorly tested • Broad-scale air-core program complete – assays pending FLUSHING MEADOWS LARGEST MINERAL RESOURCE 13 ASX: YRL | YANDALRESOURCES. COM. AU TARGETING SCALE AT NEG GOLD DISCOVERY ASX: YRL | YANDALRESOURCES. COM. AU 14 Large-scale granite host interacting with multiple structures • The Siona gold discovery confirmed the large intrusive complex as a host for mineralised systems • The Siona Shear Zone is one of several significant structures interacting with the New England Granite • 2025 ground gravity data and drilling observations generated structural targets across the intrusive complex • AC program to be completed over the western margin, testing NEG01-03 once heritage access is finalised • Ultrafine+ soil sampling multielement geochemistry Final RC results pending from Siona Significant Discovery Potential 2km Siona cross-section, see ASX release 19th September 2026 TARGETING SCALE AT NEG GOLD DISCOVERY ASX: YRL | YANDALRESOURCES. COM. AU 15 • 19m @ 1.2g/t Au from 45m in 26IWBRC0150, including, -11m @ 1.8g/t Au from 53m, this further includes - 3m @ 3.9g/t Au from 59m • 17m @ 1.3g/t Au from 37m in 26IWBRC0084 (ETW*1 15m • 13m @ 1.5g/t Au from 45m in 26IWBRC0074 (ETW*1 11m), including - 2m @ 8.1g/t Au from 45m, • 10m @ 0.9g/t Au from 36m in 26IWBRC0086(ETW*1 8m), including - 1m @ 2.0g/t Au from 36m, - 2m @ 3.2g/t Au from 40m • 10m @ 0.9g/t Au from 58m in 26IWBRC0080 (ETW*1 9m), including - 1m @ 3.7g/t Au from 67m, and • 15m @ 0.5g/t Au from 48m in 26IWBRC0076 (ETW*1 13m). Recent Results 2km 26IWBRC0074 13m @ 1.5g/t Au Incl. 2m @ 8.1g/t Au Surface Projection of Previously Defined Main Siona Mineralised Structure 200m 26IWBRC0084 17m @ 1.3g/t Au Incl. 3m @ 5.0g/t Au 26IWBRC0080 10m @ 0.9g/t Au Incl. 1m @ 3.7g/t Au 26IWBRC0076 15m @ 0.5g/t Au Assays Pending Assays Pending 26IWBRC0150 19m @ 1.2g/t Au Incl. 11m @ 1.8g/t Au 26IWBRC0086 10m @ 0.9g/t Au Incl. 1m @ 2.0g/t Au & 2m @ 3.2g/t Au Siona plan, see ASX release 19th October 2026 TARGETING SCALE AT NEG GOLD DISCOVERY ASX: YRL | YANDALRESOURCES. COM. AU 16 Large-scale Host Interacting With Multiple Structures • Soil sampling over NEG to assess whether a geochemical signature is detectable through transported cover • Comprehensive review of past ultrafine+ soil sampling and multi- element geochemistry • This has been demonstrated as an effective method within areas of transported cover in other regions Significant Discovery Potential 2km NEXT STEPS GEOLOGY DRIVEN DISCOVERY ASX: YRL | YANDALRESOURCES. COM. AU 17 Arrakis (DD 3,300m & RC 2,000m) • Diamond drilling program testing the scale of high-grade mineralisation at depth underway • RC drilling program to refine geometry of shallow high-grade gold mineralisation scheduled for late 2026 Flushing Meadows • Final diamond drilling results pending • Final follow-up RC drilling Results due in early November Siona and Salusa • Follow-up RC drilling results due in early November • Soils sampling program of the broader NEG area to assist with targeting Giedi Prime & Flushing Meadows • AC program complete and results anticipated in early November Advancing Discoveries INVESTMENT SUMMARY YANDAL RESOURCES HIGHLIGHTS Two New Discoveries in 24 Months – clear opportunities for further discoveries Strong and respectful working relationship with Traditional Owners – continuing heritage surveys Expanded team and operational site infrastructure – directed at large-scale discovery Strategically located projects in a Tier 1 jurisdiction – numerous processing options within close proximity Highly aligned board, tight register & supportive shareholders ASX: YRL | YANDALRESOURCES. COM. AU 18 RC chip from 169-170m in 25IWBRC0042, see ASX release 24 September 2025 KEY RISKS 19 ASX: YRL | YANDALRESOURCES. COM. AU ■ Exploration and discovery Mineral exploration is speculative. The Arrakis and Siona discoveries and other targets at the Ironstone Well-Barwidgee (IWB) Gold Project are at an early stage. There is no assurance that further exploration will define an economic deposit, or that encouraging drill results will form part of a Mineral Resource. Exploration may be affected by geological conditions, adverse weather and technical difficulties. Unsuccessful exploration may reduce the value of the Company's projects, deplete cash reserves and lead to the relinquishment of tenure. ■ Mineral Resource estimates The Company's Mineral Resource inventory of approximately 450,200 ounces of gold (Flushing Meadows and Mt McClure) is classified as Indicated and Inferred, and no Ore Reserve has been estimated. Resource estimates are expressions of judgement based on drilling, sampling and interpretation, and may change materially as new information becomes available. Inferred Resources carry a low level of geological confidence and there is no certainty that they will be upgraded to Indicated or Measured Resources or converted to Ore Reserves. ■ Future funding and going concern The Company does not generate operating revenue and will require further funding to advance exploration and any future development. The Company recorded a net loss after tax of $12.27 million for FY26 and held cash of $9.66 million at 30 June 2026. The FY26 financial report identifies a material uncertainty regarding the Company's ability to continue as a going concern. There is no assurance that funding will be available on acceptable terms, or at all. Equity raisings may dilute shareholders, and a failure to raise funds may require the Company to scale back its programmes. ■ Tenure The Company's tenements are subject to renewal, minimum expenditure and other conditions under the Mining Act 1978 (WA). Renewal is at the discretion of the relevant authority. Non-compliance may result in forfeiture or in third-party plaint applications. Five tenement applications were pending at the date of the FY26 annual report. There is no assurance that they will be granted, or granted in their entirety. ■ Native title, Aboriginal heritage and land access Native title rights exist over parts of the Company's tenure. Grant of tenure, access and any progression to development may require agreements with native title parties and compliance with the Native Title Act 1993 (Cth) and the Aboriginal Heritage Act 1972 (WA), which may cause delay or additional cost. Sites of heritage significance may restrict activities in affected areas. Access may also require arrangements with pastoral lessees and other land users. ■ Key personnel and management transition The Company depends on a small number of directors, executives and technical personnel. The loss of key personnel, or a delay in appointing suitable replacements, could disrupt exploration programmes and the execution of the Company's strategy. KEY RISKS 20 ASX: YRL | YANDALRESOURCES. COM. AU ■ Development and processing pathway The Company is targeting increases in its gold resources and is considering processing options including toll-treatment at neighbouring facilities or construction of a standalone processing plant. Any development will depend on positive technical and economic studies, regulatory approvals, project funding and, for toll-treatment, access to third-party processing capacity on acceptable terms. None of these outcomes is assured. ■ Contractor availability and cost inflation The Company relies on third-party contractors for drilling, assaying and other technical services. Demand for these services and for skilled labour in Western Australia is cyclical and competitive. Shortages, delays in assay turnaround or increases in costs may delay programmes and reduce the amount of work the Company can complete within its budgets. Contractor default or underperformance may also adversely affect the Company. ■ Health and safety Exploration in remote areas carries inherent safety risks, including those associated with drilling, vehicle travel and remote camp operations. The Company is subject to the Work Health and Safety Act 2020 (WA) and associated mines safety regulations. A serious incident could result in injury, regulatory action, penalties, work stoppages and reputational harm. ■ Environmental, rehabilitation and climate change The Company's activities are subject to environmental laws and tenement conditions, including obligations to rehabilitate disturbed land and, where applicable, to contribute to the Mining Rehabilitation Fund. The extent and cost of rehabilitation obligations remain uncertain. New or expanded regulation associated with the transition to a lower-carbon economy, and physical climate risks such as extreme weather events, may delay activities or increase costs. ■ Gold price and exchange rates The value of the Company's projects, the economics of any future development and the Company's ability to raise funds are influenced by the gold price. The gold price is volatile and driven by factors outside the Company's control, including global demand, central bank activity, interest rates and geopolitical events. As gold is priced in US dollars, movements in the A$/US$ exchange rate will also affect the Australian dollar gold price. ■ Economic and market conditions Global geopolitical tensions, inflation and interest rate settings may contract credit markets and cause volatility in equity, commodity, foreign exchange and precious metal markets. A slowdown in financial markets or other adverse economic conditions may affect the Company's share price, growth potential and ability to finance its activities. KEY RISKS 21 ASX: YRL | YANDALRESOURCES. COM. AU ■ Investment speculative and share market risk An investment in the Company is speculative. The price of the Company's shares may fluctuate due to factors unrelated to its performance, including general market sentiment and investor appetite for exploration companies. Trading in the Company's shares may at times be illiquid, and investors may not be able to sell at or above the price they paid. ■ Government regulation and taxation Future development of the Company's projects will require approvals from government authorities. Adverse changes in Western Australian or Commonwealth policy or legislation affecting exploration, mining, royalties, taxation or the environment, or a change in how existing laws are applied, may affect the viability of the Company's projects. ■ Insurance Insurance may not be available for all risks the Company faces, or on acceptable terms, and may not cover the full amount of a claim. An uninsured or under-insured loss could adversely affect the Company's financial position. ■ Litigation and counterparty risk The Company may become involved in disputes with contractors, counterparties, landholders, native title parties or regulators. Disputes may be costly and divert management time. The Company also relies on counterparties performing their contractual obligations. The risks set out in this presentation are not exhaustive. Additional risks not presently known to the Company, or presently considered immaterial, may also affect its performance. Investors should read this presentation together with the Company's ASX announcements and seek professional advice before investing. EQUITY RAISING OVERVIEW 22 ASX: YRL | YANDALRESOURCES. COM. AU Offer Structure and Size • An institutional placement to raise $9 million via the issue of 120 million fully paid ordinary shares (“New Shares”) to professional and sophisticated investors (“Placement” or “Offer”) • The Placement will be conducted under the Company’s existing placement capacity in accordance with ASX Listing Rules 7.1 and 7.1A (94.25million fully paid shares Tranche 1) and Tranche 2 (25.75 million) subject to shareholder approval. • Directors of Yandal have committed to participate in the Placement for approximately A$0.5million (“Director Participation”), subject to shareholder approval which is to be sought at an upcoming Extraordinary General Meeting expected to be held in December (“EGM”) • Yandal also intends to conduct a Share Purchase Plan (“SPP”) to raise up to A$1 million (but Directors reserve the right to accept oversubscriptions based on demand), at the same Offer Price as the Placement Offer Price • New shares will be issued at a fixed price of A$0.075 (“Offer Price”), representing: o 8.5% discount to Yandal’s last traded price on 27 October 2026 of A$0.082; and o 16.9% discount to the 5-day volume weight average price of A$0.090. Use of Proceeds • Offer proceeds, along with existing cash, will be used to fund continued exploration including drilling and resource development activities at the Ironstone Well–Barwidgee Gold Project, refer to slide 23 for further details Broker Syndicate • Canaccord Genuity (Australia) Limited to act as Sole Bookrunner and Joint Lead Manager and Stralis Capital Partners to act as Joint Lead Manager PROPOSED USE OF FUNDS – PLACEMENT AND SPP 23 ASX: YRL | YANDALRESOURCES. COM. AU Use of Funds Amount (A$m) Arrakis (including Anders): Aircore, RC and Diamond drilling programs A$2.2m Regional soils, validation and target generation program A$2.0m Flushing Meadows, New England Granite / Siona discovery, Mt McClure A$1.5m Working Capital, Including Corporate Overheads & Capital Raising Costs A$1.3m Camp Running & Maintenance Costs A$2.1m Tenement Holding Costs A$0.3m Heritage Surveys & Monitoring A$0.6m Total Use of Funds A$10.0m Important Note : The final use of funds allocation will be dependent on receipt of SPP proceeds, the shortfall will be equally reducing Arrakis programs and working capital costs or conversely apply funds, for oversubscription to these same cost centres. EQUITY RAISING TIMETABLE 24 ASX: YRL | YANDALRESOURCES. COM. AU Event Date (2026)1 Trading Halt Wednesday 28 October 2026 SPP Record Date Thursday, 29 October 2026 Trading halt lifted, announce Placement and SPP Friday, 30 October 2026 Settlement of New Shares under the Placement Thursday 5 November 2026 Allotment and Quotation of New Shares under the Placement Friday 6 November 2026 SPP Opening Date Friday 6 November 2026 SPP Closing Date Friday 27 November 2026 Allotment of New Shares under SPP Friday 4 December 2026 Quotation of New Shares under SPP Monday 7 December 2026 EGM to approve Director Participation December 2026 Settlement and trading of Shares under Director Participation December 2026 1. This timetable is indicative only and the Company may, at its discretion, vary any of the above dates, subject to the ASX Listing Rules and the Corporations Act and other applicable laws. The commencement of trading and quotation of New Shares is subject to ASX confirmation. RECENT ASX RELEASES 25 ASX: YRL | YANDALRESOURCES. COM. AU 27 October 2026 “Director Appointment” 27 October 2026 “Quarterly Activities Report- September 2026” 19 October 2026 “Arrakis Results Extend Gold Mineralisation at Depth” 08 October 2026 “Exploration Update: Diamond Drilling Recommences at Arrakis” 08 September 2026 “Drilling Results Extend Newly Defined High-Grade Gold Domain at Arrakis” 1 September 2026 “Board and Management Changes” 25 August 2026 “Further High-Grade Results from Arrakis Confirm New High-Grade Domain” 10 August 2026 “Shallow High-Grade Gold at Arrakis with 20m @ 8.7g/t Au from 84m, Including 3m @ 52.8g/t Au” 30 July 2026 “Quarterly Activities Report – June 2026” 28 July 2026 “Exploration Update: Second Diamond Core Results from Flushing Meadows” 13 July 2026 “RC Drilling Intercepts Shallow Gold at Siona” 15 June 2026 “Flushing Meadows RC Pre-Collar Delivers 20m @ 1.7g/t Au” 24 September 2025 “Arrakis Gold Discovery Extended by 400m” For further information contact Ed Eshuys +61 (0)8 9389 9021 yandal@yandalresources.com.au ASX:YRL yandalresources.com.au Level 3, Suite 1, 1138 Hay St West Perth, WA, 6005 YANDAL RESOURCES LIMITED ASX: YRL | YANDALRESOURCES. COM. AU 27 MINERAL RESOURCE SUMMARY Due to the effects of rounding, totals may not represent the sum of the individual components. 1. Reported above 0.5g/t Au lower cut-off grade; refer to Yandal Resources Ltd ASX announcement dated 4 November 2020 for full details. 2. Reported above 1.0g/t Au lower cut-off grade; refer to Yandal Resources Ltd ASX announcement dated 22 August 2022 for full details 3. Reported above 1.0g/t Au lower cut-off grade; refer to Yandal Resources L