Announcement PDF WEST COASTSILVER LIMITED ASX | WCE ACN: 155 472 834 REGISTERED OFFICE Level2,10 Ord Street WestPerth, WA 6005 POBox1227, WestPerth WA 6872, Australia info@westcoastsilver.com.au +61 8 9322 3383 westcoastsilver.com.au ASX:WCE ANNOUNCEMENT 29 December 2025 Exercise of Options and Receipt of Funds West Coast Silver Limited (ASX: WCE)(West Coast Silver or the Company) advises that it has received a cash injection of approximately A$500,000 following the exercise of unlisted options exercisable at $0.155 each expiring 24 September 2028. The funds received will be applied to working capital and to advance the Company’s 2026 drilling and exploration program, supporting continued momentum across its core projects. Further details regarding the option exercises and the issue of securities are contained in the Appendix 2A lodged with the ASX on 29 December 2025. The Company thanks participating option holders for their continued support. - End - This ASX announcement has been authorised for release by the Board of Directors of West Coast Silver Limited. For further information, please contact: Bruce Garlick Executive Director West Coast Silver Limited E: info@westcoastsilver.com.au ASX:WCE ANNOUNCEMENT 29 December 2025 WEST COAST SILVER LIMITED ASX | WCE Page 2 The Elizabeth Hill Project Elizabeth Hill is one of Australia’s high-grade silver projects and has a proven production history outlined below: • High grades enabled low processing tonnes: 1.2Moz of silver was produced from just 16,830t of ore at a head grade of 2,194g/t (70.5 oz/t Ag)1 . • Previous mining operation ceased in 2000: because of low silver prices (US$5)2 . • Simplistic historical processing technique: native silver was recovered via low-cost gravity separation techniques. • Untapped potential remains in ground with deposit open at depth and recent consolidation of land package offers potential to discover more Elizabeth Hill style deposits. • Tier 1 Mining Jurisdiction located on a mining lease with potential processing option at the nearby Radio Hill site. Figure.7.‗.Tenement.Location Through the consolidation of the surrounding land packages into a single contiguous 180km2 package significant exploration and growth potential exists both near mine and regionally. The land package holds a significant portion of the Munni Munni fault system, and other fault systems subparallel to the Munni Munni fault system, which are considered prospective for Elizabeth Hill look-a-like silver deposits. 1 WAMEX Annual Report,1 April 2014 to 31 March 2015, Elizabeth Hill Silver Project, Global Strategic Metals NL, p16 2 www.kitco.com/charts/silver