Announcement PDF Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Announcement Summary Entity name TALISMAN MINING LIMITED Date of this announcement Thursday December 07, 2023 The +securities the subject of this notification are: Other Total number of +securities to be issued/transferred ASX +security code New class - code to be confirmed Security description Unlisted options Refer to next page for full details of the announcement Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 1/7 Total number of +securities to be issued/transferred Issue date 1,536,800 06/12/2023 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Part 1 - Entity and announcement details 1.1 Name of entity TALISMAN MINING LIMITED We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities. 1.2 Registered number type Registration number ABN 71079536495 1.3 ASX issuer code TLM 1.4 The announcement is New announcement 1.5 Date of this announcement 7/12/2023 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 2/7 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Part 2 - Issue details 2.1 The +securities the subject of this notification are: Other Please specify Securities per Appendix 3B dated 20 January 2023, unquoted options no existing ASX security code. 2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which: does not have an existing ASX security code ("new class") Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 3/7 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Part 3C - number and type of +securities the subject of this notification (new class) where issue has not previously been notified to ASX in an Appendix 3B New +securities ASX +security code +Security description New class - code to be confirmed Unlisted options +Security type ISIN code Options Date the +securities the subject of this notification were issued 6/12/2023 Will all the +securities issued in this class rank equally in all respects from their issue date? Yes Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1? No Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. https://wcsecure.weblink.com.au/pdf/TLM/02728176.pdf Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.20100000 15/12/2026 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option Other Description TLM fully paid ordinary shares. Any other information the entity wishes to provide about the +securities the subject of this notification Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 4/7 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B Refer Appendix 3B dated 20 January 2023. Issue details Number of +securities 1,536,800 Were the +securities issued for a cash consideration? No Please describe the consideration being provided for the +securities Incentive options as approved by Shareholders on 22 November 2023. Purpose of the issue Other Additional Details Incentive options as approved by Shareholders on 22 November 2023. Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 5/7 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Part 4 - +Securities on issue Following the issue, conversion or payment up of the +securities the subject of this application, the +securities of the entity will comprise: (A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.) 4.1 Quoted +Securities (Total number of each +class of +securities quoted) Total number of +securities on issue ASX +security code and description TLM : ORDINARY FULLY PAID 188,320,349 4.2 Unquoted +Securities (Total number of each +class of +securities issued but not quoted on ASX) Total number of +securities on issue ASX +security code and description TLMAI : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES 1,267,800 TLMAJ : OPTION EXPIRING 12-JAN-2026 EX $0.252 827,400 TLMAA : OPTION EXPIRING 15-DEC-2026 EX $0.201 2,701,500 New class - code to be confirmed : Unlisted options 1,536,800 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 6/7 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Part 5 - Other Listing Rule requirements 5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? Yes 5.1a Select the number of the applicable exception in Listing Rule 7.2 14 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 7/7