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 / 6 Announcement Summary Entity name WEST COAST SILVER LIMITED Date of this announcement Friday May 08, 2026 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 OPTIONS EXPIRING 7-MAY-2029 EX $0.22 1,750,000 08/05/2026 Refer to next page for full details of the announcement +Other securities issued under an +employee incentive scheme that 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 / 6 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 8/5/2026 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 / 6 Part 2 - Issue details 2.1 The +securities the subject of this notification are: 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") +Other securities issued under an +employee incentive scheme that 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 / 6 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 OPTIONS EXPIRING 7-MAY-2029 EX $0.22 +Security type Options ISIN code Date the +securities the subject of this notification were issued 8/5/2026 Will all the +securities issued in this class rank equally in all respects from their issue date? Were any of the +securities issued to +key management personnel (KMP) or an +associate? 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. The material terms is provided in a separate announcement lodged on the same day as this notification. Options Details +Security currency AUD - Australian Dollar Exercise price AUD 0.22000000 Expiry date 7/5/2029 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 Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms Refer to Notice of Meeting dated 17 April 2025 for the approved employee incentive scheme https://relait.westcoastsilver.com.au/announcements Any other information the entity wishes to provide about the +securities the subject of this notification None Issue details Number of +securities 1,750,000 Yes No 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 5 / 6 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 360,069,213 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 WCEAC : OPTION EXPIRING 11-FEB-2029 EX $0.30 2,500,000 WCEAO : OPTION EXPIRING 25-NOV-2027 EX $0.117 1,000,000 WCEAH : PERFORMANCE RIGHTS CLASS B RESTRICTED 5,000,000 WCEAS : OPTIONS EXPIRING 30-JUL-2027 EX $0.12 100,000 WCEAB : OPTION EXPIRING 19-NOV-2028 EX $0.25 500,000 WCEAN : OPTION EXPIRING 30-OCT-2026 EX $0.18 3,525,000 WCEAT : OPTION EXPIRING 24-MAR-2027 EX $0.12 1,000,000 WCEAU : OPTION EXPIRING 24-SEP-2027 EX $0.20 5,000,000 WCEAV : OPTION EXPIRING 24-SEP-2028 EX $0.155 4,623,713 New class - code to be confirmed : OPTIONS EXPIRING 7-MAY-2029 EX $0.22 1,750,000 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 6 / 6 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? 5.1a Select the number of the applicable exception in Listing Rule 7.2 13 Yes