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 WEST COAST SILVER LIMITED Date of this announcement Thursday November 20, 2025 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 OPTION EXPIRING 19-NOV-2028 EX $0.25 1,500,000 20/11/2025 New class - code to be confirmed PERFORMANCE RIGHTS EXP 19-NOV-2028 2,000,000 20/11/2025 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 WEST COAST SILVER 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 ACN Registration number 155472834 1.3 ASX issuer code WCE 1.4 The announcement is 1.5 Date of this announcement 20/11/2025 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 17-Oct-2025 12:13 Announcement Title New - Proposed issue of securities - WCE 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 20/11/2025 Any other information the entity wishes to provide about the +securities the subject of this notification Shareholder approval received on 20 November 2025. Refer to the Notice of Meeting dated 17 October 2025 for further details. Issue details Number of +securities 1,500,000 Were the +securities issued for a cash consideration? Please describe the consideration being provided for the +securities Issued to provide a performance-based incentive to motivate and reward Directors for their roles and offer a cost-effective form of remuneration for the Company. ASX +security code and description new unquoted class of security Date the +securities the subject of this notification were issued 20/11/2025 Any other information the entity wishes to provide about the +securities the subject of this notification Shareholder approval received on 20 November 2025. Refer to the Notice of Meeting dated 17 October 2025 for further details. 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 5 / 9 Issue details Number of +securities 2,000,000 Were the +securities issued for a cash consideration? Please describe the consideration being provided for the +securities Issued to provide a performance-based incentive to motivate and reward Directors for their roles and offer a cost-effective form of remuneration for the Company. 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 OPTION EXPIRING 19-NOV-2028 EX $0.25 +Security type Options ISIN code Date the +securities the subject of this notification were issued 20/11/2025 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 the Notice of Annual General Meeting dated 17 October 2025. https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03011594 Options Details +Security currency AUD - Australian Dollar Exercise price AUD 0.25000000 Expiry date 19/11/2028 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option WCE : ORDINARY FULLY PAID Any other information the entity wishes to provide about the +securities the subject of this notification The terms and conditions of the Directors' Options is set out in the Notice of Meeting lodged on 17 October 2025. Issue details Number of +securities 1,500,000 ASX +security code New class - code to be confirmed +Security description PERFORMANCE RIGHTS EXP 19-NOV-2028 +Security type ISIN code Yes 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 +Security type Other ISIN code Date the +securities the subject of this notification were issued 20/11/2025 Will all the +securities issued in this class rank equally in all respects from their issue date? Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. Refer to the Notice of Annual General Meeting dated 17 October 2025. https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03011594 Any other information the entity wishes to provide about the +securities the subject of this notification None. Issue details Number of +securities 2,000,000 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 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 WCE : ORDINARY FULLY PAID 330,640,295 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 WCEAQ : PERFORMANCE RIGHTS 10,000,000 WCEAP : OPTION EXPIRING 18-MAY-2028 EX $0.04 9,750,000 WCEAO : OPTION EXPIRING 25-NOV-2027 EX $0.117 1,200,000 WCEAH : PERFORMANCE RIGHTS CLASS B RESTRICTED 5,000,000 WCEAI : OPTION EXPIRING 21-APR-2026 RESTRICTED 2,000,000 WCEAS : OPTIONS EXPIRING 30-JUL-2027 EX $0.12 100,000 WCEAN : OPTION EXPIRING 30-OCT-2026 EX $0.18 3,525,000 WCEAL : OPTION EXPIRING 30-NOV-2025 EX $0.25 1,500,000 WCEAT : OPTION EXPIRING 24-MAR-2027 EX $0.12 5,000,000 WCEAU : OPTION EXPIRING 24-SEP-2027 EX $0.20 5,000,000 WCEAV : OPTION EXPIRING 24-SEP-2028 EX $0.155 10,000,000 New class - code to be confirmed : OPTION EXPIRING 19-NOV-2028 EX $0.25 1,500,000 New class - code to be confirmed : PERFORMANCE RIGHTS EXP 19-NOV-2028 2,000,000 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