Announcement PDF Form 604 Corporations Act 2001 Section 671B Notice of change of interests of substantial holder To Company Name/Scheme Ballard Mining Limited (Ballard) ACN/ARSN 685 311 577 1. Details of substantial holder (1) Name Mineral Resources Limited ACN 118 549 910 (MinRes) and its related bodies corporate as set out in Annexure A (MinRes Group). ACN/ARSN (if applicable) Refer to Annexure A There was a change in the interests of the substantial holder on 19/10/2026 The previous notice was given to the company on 04/02/2026 The previous notice was dated 04/02/2026 2. Previous and present voting power The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows: Class of securities (4) Previous notice Present notice Person’s votes Voting power (5) Person’s votes Voting power (5) Fully paid ordinary shares (ORD) 175,460,048 38.6% 175,460,048 33.55% 3. Changes in relevant interests Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows: Date of change Person whose relevant interest changed Nature of change (4) Consideration given in relation to change (5) Class (6) and number of securities affected Person's votes affected 19/10/2026 Lithium Resources Operations Pty Ltd (Lithium Resources Operations) Dilution through the issue of shares as announced by Ballard on 19/10/2026 Nil 19,149,054 Shares 19,149,054 19/10/2026 Lithium Resources Pty Ltd (Lithium Resources) Dilution through the issue of shares as announced by Ballard on 19/10/2026 Nil 19,149,054 Shares 19,149,054 19/10/2026 MinRes Dilution through the issue of shares as announced by Ballard on 19/10/2026 Nil 19,149,054 Shares 19,149,054 19/10/2026 MinRes Group Dilution through the issue of shares as announced by Ballard on 19/10/2026 Nil 156,310,994 Shares 156,310,994 01/10/2026 Lithium Resources Operations Dilution through the issue of shares as announced by Ballard on 01/10/2026 Nil 19,149,054 Shares 19,149,054 01/10/2026 Lithium Resources Dilution through the issue of shares as announced by Ballard on 01/10/2026 Nil 19,149,054 Shares 19,149,054 Date of change Person whose relevant interest changed Nature of change (4) Consideration given in relation to change (5) Class (6) and number of securities affected Person's votes affected 01/10/2026 MinRes Dilution through the issue of shares as announced by Ballard on 01/10/2026 Nil 19,149,054 Shares 19,149,054 01/10/2026 MinRes Group Dilution through the issue of shares as announced by Ballard on 01/10/2026 Nil 156,310,994 Shares 156,310,994 29/09/2026 Lithium Resources Operations Dilution through the issue of shares as announced by Ballard on 29/09/2026 Nil 19,149,054 Shares 19,149,054 29/09/2026 Lithium Resources Dilution through the issue of shares as announced by Ballard on 29/09/2026 Nil 19,149,054 Shares 19,149,054 29/09/2026 MinRes Dilution through the issue of shares as announced by Ballard on 29/09/2026 Nil 19,149,054 Shares 19,149,054 29/09/2026 MinRes Group Dilution through the issue of shares as announced by Ballard on 29/09/2026 Nil 156,310,994 Shares 156,310,994 4. Present relevant interests Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows: Holder of relevant interest Registered holder of securities Person entitled to be registered as holder (8) Nature of relevant interest (6) Class and number of securities Person’s votes Lithium Resources Operations Lithium Resources Operations Lithium Resources Operations Relevant interest under section 608(1)(a) of the Corporations Act 2001 Cth (Corporations Act) as the registered holder of the Shares. 19,149,054 Shares 19,149,054 Lithium Resources Lithium Resources Operations Lithium Resources Operations Relevant interest under section 608(3)(b) of the Corporations Act as the controller of Lithium Resources Operations. 19,149,054 Shares 19,149,054 MinRes Lithium Resources Operations Lithium Resources Operations Relevant interest under section 608(3)(a) of the Corporations Act as it has more than 20% voting power in Lithium Resources pursuant to section 608(3)(a) of the Corporations Act. 19,149,054 Shares 19,149,054 MinRes Group Delta Lithium Limited (Delta) Delta The MinRes Group has more than 20% voting power in Delta and so is deemed to have a relevant interest in the Shares registered in the name of Delta pursuant to section 608(3)(a) of the Corporations Act. 156,310,994 Shares 156,310,994 5. Changes in association The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows: Name and ACN/ARSN (if applicable) Nature of association See Annexure A 6. Addresses The addresses of persons named in this form are as follows: Name Address See Annexure A Signature print name Sarah Standish capacity Company Secretary sign here date 21/10/2026 DIRECTIONS (1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form. (2) See the definition of "associate" in section 9 of the Corporations Act 2001. (3) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001. (4) The voting shares of a company constitute one class unless divided into separate classes. (5) The person’s votes divided by the total votes in the body corporate or scheme multiplied by 100. (6) Include details of: (a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and (b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies). See the definition of "relevant agreement" in section 9 of the Corporations Act 2001. (7) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included on any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired. (8) If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write “unknown’”. (9) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice. Annexure A This is Annexure A of 4 pages referred to in Form 604 (Notice of ceasing to be a substantial holder). To company name: Ballard Mining Limited ACN: 685 311 577 _____________________________________ Name: Title: Date: Sarah Standish Company Secretary 21/10/2026 MinRes Group Entities Name Company Number Nature of association Address Lithium Resources Operations Pty Ltd 657 042 218 Holder of the securities 20 Walters Drive, Osborne Park WA 6017 Mineral Resources Limited 118 549 910 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 ACN 611 494 912 Pty Ltd 611 494 912 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 ACN 611 495 268 Pty Ltd 611 495 268 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 ACN 616 678 249 Pty Ltd 616 678 249 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 ACN 616 677 797 Pty Ltd 616 677 797 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 ACN 621 413 803 Pty Ltd 621 413 803 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 ACN 625 973 006 Pty Ltd 625 973 006 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 ACN 629 923 753 Pty Ltd 629 923 753 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 ACN 629 927 911 Pty Ltd 629 927 911 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 ACN 632 334 037 Pty Ltd 632 334 037 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 ACN 632 334 975 Pty Ltd 632 334 975 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 ACN 634 817 244 Pty Ltd 634 817 244 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 ACN 634 841 811 Pty Ltd 634 841 811 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 ACN 641 843 987 Pty Ltd 641 843 987 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 ACN 654 242 690 Pty Ltd 654 242 690 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 ACN 665 973 964 Pty Ltd 665 973 964 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 ACN 665 974 292 Pty Ltd 665 974 292 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 ACN 669 538 809 Pty Ltd 669 538 809 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 ACN 672 099 384 Pty Ltd 672 099 384 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 ACN 673 442 950 Pty Ltd 673 442 950 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 ACN 673 443 948 Pty Ltd 673 443 948 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 ACN 679 529 643 Pty Ltd 679 529 643 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 ACN 686 172 207 Pty Ltd 686 172 207 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Aquila Resources Pty Ltd 092 002 769 Related Body Corporate Level 21, 77 St Georges Terrace WA 6000 Ashburton Properties Pty Ltd 649 043 112 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Australian Garnet Pty Ltd 646 741 157 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Auvex Resources Pty Ltd 129 087 832 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Bald Hill Lithium Pty Ltd 671 531 963 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Bauxite Mineral Resources Pty Ltd 627 949 544 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Binding Solutions Limited UK register no 10394084 Related Body Corporate Materials Processing Institute, Eston Road, Middlesbrough, TS6 6US UK Name Company Number Nature of association Address Buckland Minerals Transport Pty Ltd 152 574 082 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Bungaroo South Pty Ltd 152 574 528 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Cape Preston Logistics Pty Ltd 152 574 233 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Central Systems Pty Ltd 107 284 319 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Concrete Construction (WA) Pty Ltd 667 369 726 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Crushing Services International Pty Ltd 069 303 377 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Delta Lithium Limited 107 244 039 Related Body Corporate Level 2, 18 Richardson Street, West Perth WA 6005 Eclipse Minerals Pty Ltd 097 974 813 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Energy Resources Limited 009 475 423 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Everthere Pty Ltd 130 421 091 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Flotar Pty Ltd 608 310 014 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 G&G Mining Fabrication Pty Ltd 169 498 408 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Graphite Resources Pty Ltd 627 948 332 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Gulf Conveyor Systems (WA) Pty Ltd 655 480 292 Related Body Corporate 15 Yanilla Avenue, Wahroonga NSW 2076 Hedland Iron Pty Ltd 648 974 681 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Hitec Energy Pty Ltd 140 725 962 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Iron Resources Pty Ltd 626 063 796 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Kambalda West Lithium Pty Ltd 665 883 509 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Kumina Iron Pty Ltd 169 725 973 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Li HoldCo Pty Ltd 692 060 156 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 LieNA Pty Ltd 669 697 867 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 LithCo Lithium (Ningbo) Co Ltd 91330206MACC10PD09 Related Body Corporate Room 343, Building 2, No. 8 Xingye Avenue, Ningbo Free Trade Zone, Zhejiang Provence, China Lithco No.2 Pty Ltd 612 726 922 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Lithium Mineral Resources Pty Ltd 627 949 535 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Lithium Resources Pty Ltd 654 457 299 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Lithium Resources Australia Pty Ltd 623 115 088 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Lithium Resources Investments Pty Ltd 666 427 685 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Lithium Resources UK Ltd Company Number 14194768 Related Body Corporate 1st Floor, Templeback, 10 Temple Back, Bristol, UK BS1 6FL Lithium Resources Services Pty Ltd 666 109 771 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Lithium Resources Trading Pty Ltd 666 153 064 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Location 53 Pty Ltd 618 320 773 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Magnetite Mineral Resources Pty Ltd 627 948 832 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 MARBL Lithium Operations Pty Ltd 637 077 608 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Mineral Resources (Equipment) Pty Ltd 162 993 080 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Mineral Resources Rail Pty Ltd 638 631 259 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Mineral Resources Transport Pty Ltd 158 718 195 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 MinRes Air Aircraft Pty Ltd 675 200 049 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 MinRes Air Engineering Pty Ltd 679 450 107 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Name Company Number Nature of association Address MinRes Air Facilities Pty Ltd 675 197 770 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 MinRes Air Flight Operations Pty Ltd 675 199 309 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 MinRes Air Holdings Pty Ltd 675 196 979 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 MinRes Child Care Pty Ltd 672 120 295 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 MinRes Energy Holdings Pty Ltd 616 667 442 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 MinRes Engineering & Construction Pty Ltd 672 127 310 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 MinRes Explorer Pty Ltd 687 783 400 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 MinRes Health Pty Ltd 629 928 150 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 MinRes Insurance Pte Ltd Singapore: 202444270Z Related Body Corporate 8 Marina View #09-05, Asia Square Tower 1, Singapore 018960 MinRes International Holdings Ltd UAE DIFC: 9290 Related Body Corporate Unit IH-00-01-01-OF-01, Level 1, IH-00-01- CP-05, Dubai International Financial Centre, Dubai, UAE MinRes International Investments Ltd UAE DIFC: 9337 Related Body Corporate Unit IH-00-01-01-OF-01, Level 1, IH-00-01- CP-05, Dubai International Financial Centre, Dubai, UAE MinRes International Management Ltd UAE DIFC: 9338 Related Body Corporate Unit IH-00-01-01-OF-01, Level 1, IH-00-01- CP-05, Dubai International Financial Centre, Dubai, UAE MinRes Invest SA Mauritania: 2.352 132.777 Related Body Corporate Lot: 0383, Block: F-North, Tevragh Zeina, Nouakchott - Mauritania MinRes Iron Ore International Holdings Pty Ltd 679 506 757 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 MinRes Iron Ore Pty Ltd 664 123 291 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 MinRes Lithium Pty Ltd 702 166 354 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 MinRes Marine Pty Ltd 638 643 919 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 MinRes Mining Services Pty Ltd 665 899 614 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 MinRes Properties Pty Ltd 638 657 486 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 MinRes Services SA Mauritania: 2.348 132.771 Related Body Corporate Lot: 0383, Block: F-North, Tevragh Zeina, Nouakchott - Mauritania MIS. Carbonart Pty Ltd 160 456 922 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 MN Battery Minerals Pty Ltd 161 487 930 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 MRL Asset Management Pty Ltd 169 725 964 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 MRL Rail Pty Ltd 169 516 296 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Mt Marion Holdings Pty Ltd 666 115 742 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Mt Marion Lithium Pty Ltd 138 805 722 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Mt Marion Lithium Management Pty Ltd 666 116 365 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 NexMin Pty Ltd 677 500 506 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Norwest Energy Pty Ltd 078 301 505 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 OIPO Pty Ltd 664 121 297 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Onslow Infraco Pty Ltd 612 668 201 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Onslow Iron Pty Ltd 649 012 395 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Onslow Iron Road Pty Ltd 677 161 527 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Onslow Steel Pty Ltd 632 334 671 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Peloton Resources Pty Ltd 162 055 941 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 PIHA Pty Ltd 061 356 812 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 PIHA (Water) Pty Ltd 162 627 358 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 PKKPE CSI JV Pty Ltd 698 499 599 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 PMWI CSI JV Pty Ltd 673 265 828 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Name Company Number Nature of association Address Polaris Metals Pty Ltd 085 223 570 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Process Minerals International Pty Ltd 063 988 894 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 RDG Technologies Pty Ltd 659 814 070 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Reed Advanced Materials Pty Ltd 142 876 211 Related Body Corporate Level 1, 1292 Hay Street, West Perth WA 6005 Steelpile Pty Ltd 169 849 987 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Tawana Resources Pty Ltd 085 166 721 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Vigor Materials Handling Pty Ltd 602 182 463 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Westranch Holdings Pty Ltd 077 208 952 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Wodgina Lithium Project Services Pty Ltd 666 119 080 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Wodgina Lithium Pty Ltd 611 488 932 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Wonmunna Iron Ore Pty Ltd 169 151 777 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017 Yardi Mining Services Pty Ltd 693 452 265 Related Body Corporate 20 Walters Drive, Osborne Park WA 6017