Announcement PDF ASX ANNOUNCEMENT Unit 10, 85-87 Forrest Street Cottesloe WA 6011 ABN: 38 652 438 385 Phone: +61 8 6255 8625 norfolkmetals.com.au ASX: NFL 16 October 2026 Change in Director’s Interest Notice Norfolk Metals Limited (ASX.NFL) (Company) provides the attached change in director interest notice that includes the issue and allotment of Director shares and options that occurred on 30 September 2026. The Company notes that the change in director interest notice was lodged late due to an administrative oversight following the issue of performance rights and options on 12 October 2026. As soon as the oversight was identified the documents were lodged with the ASX. The Company and the Directors are aware of their obligations under ASX Listing Rules 3.19A and 3.19B to provide the necessary information to the Company to meet its disclosure requirements. The Company considers this error an isolated breach. The Company has reviewed its procedures regarding director holdings and believes that its current practices are adequate to ensure compliance with the ASX Listing Rules. This announcement has been authorised by the board of directors of Norfolk Metals Limited. Appendix 3Y Change of Director’s Interest Notice + See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 1 Rule 3.19A.2 Appendix 3Y Change of Director’s Interest Notice Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public. Introduced 30/09/01 Amended 01/01/11 Name of entity NORFOLK METALS LIMITED ABN 38 652 438 385 We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act. Name of Director Ben Phillips Date of last notice 30 June 2026 Part 1 - Change of director’s relevant interests in securities In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part. Direct or indirect interest Indirect interest Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest. 1. Bob Alfred Pty Ltd <The Bob Alfred A/C> an entity that Ben Phillips controls. 2. Deep36 Pty Ltd <Deep Super A/C> an entity that Ben Phillips controls. Date of change 30 September 2026 and 12 October 2026 Appendix 3Y Change of Director’s Interest Notice + See chapter 19 for defined terms. Appendix 3Y Page 2 01/01/2011 No. of securities held prior to change (a) 2,475,000 Ordinary Shares. (b) 750,000 Unquoted Options with an exercise price of $0.25 and expiry date of 18 November 2026. (c) 1,050,000 Unquoted Options with an exercise price of $0.25 and expiry date of 14 March 2027. (d) 330,000 Unquoted Options with an exercise price of $0.30 and expiry date of 29 November 2026. (e) 750,000 Class A Performance Rights. (f) 750,000 Class B Performance Rights. (g) 1,000,000 Unquoted Options with an exercise price of $0.20 and expiry date of 28 September 2028. Class NFL fully paid ordinary shares NFL Unquoted Options NFL Performance Rights Number acquired 200,000 NFL fully paid ordinary shares 200,000 NFL Unquoted Options 2,000,000 NFL Unquoted Options 2,000,000 Tranche 1 Performance Rights 2,000,000 Tranche 2 Performance Rights 3,000,000 Tranche 3 Performance Rights Number disposed Nil. Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation 200,000 NFL Fully paid ordinary shares were acquired for $20,000.00 (200,000 were free attaching shares pursuant to the placement). 2,000,000 NFL Unquoted Options were issued for nil consideration as part of the Company’s employee incentive scheme per shareholder approval on 3 August 2026. Estimate valuation $86,600 (refer to Notice of Meeting dated 3 July 2026). Tranche 1, Tranche 2 and Tranche 3 Performance Rights were issued for nil consideration as part of the Company’s employee incentive scheme per shareholder approval on 3 August 2026. Estimate valuation for all these performance rights $555,000 (refer to Notice of Meeting dated 3 July 2026). Appendix 3Y Change of Director’s Interest Notice + See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 3 No. of securities held after change (a) 2,675,000 Ordinary Shares. (b) 750,000 Unquoted Options with an exercise price of $0.25 and expiry date of 18 November 2026. (c) 1,050,000 Unquoted Options with an exercise price of $0.25 and expiry date of 14 March 2027. (d) 330,000 Unquoted Options with an exercise price of $0.30 and expiry date of 29 November 2026. (e) 750,000 Class A Performance Rights. (f) 750,000 Class B Performance Rights. (g) 1,000,000 Unquoted Options with an exercise price of $0.20 and expiry date of 28 September 2028. (h) 200,000 NFL Unquoted Options with an exercise price of $0.15 and expiry date of 29 September 2029. (i) 2,000,000 NFL Unquoted Options with an exercise price of $0.15 and expiry date of 11 October 2029. (j) 2,000,000 Tranche 1 Performance Rights. (k) 2,000,000 Tranche 2 Performance Rights. (l) 3,000,000 Tranche 3 Performance Rights. Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back Issue and allotment of Director shares, options and performance rights as approved via resolution 3, 13 and 16 at the Company’s Shareholder meeting on 3 August 2026. Part 2 – Change of director’s interests in contracts Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part. Detail of contract N/A Nature of interest N/A Name of registered holder (if issued securities) N/A Date of change N/A Appendix 3Y Change of Director’s Interest Notice + See chapter 19 for defined terms. Appendix 3Y Page 4 01/01/2011 No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed N/A Interest acquired N/A Interest disposed N/A Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation N/A Interest after change N/A Part 3 – +Closed period Were the interests in the securities or contracts detailed above traded during a +closed period where prior written clearance was required? No If so, was prior written clearance provided to allow the trade to proceed during this period? N/A If prior written clearance was provided, on what date was this provided? N/A Date of Notice: 16 October 2026