Application for quotation of securities - PVT

Announcement Summaryp.1

Part 1 - Entity and announcement detailsp.2

PIVOTAL METALS LIMITED applies for quotation of the following securities and agrees to the matters set out in Appendix 2A of the ASX Listing Rules.p.2

Registered number type: ACN. Registration number: 623130987. ASX issuer code: PVT. The announcement is: New announcement. Date of this announcement: 11/6/2026.p.2

Part 2 - Type of Issuep.3

The securities to be quoted are: Securities issued, transferred or re-classified as a result of options being exercised or other convertible securities being converted. The class of securities to be quoted is: Additional securities in a class that is already quoted on ASX ("existing class").p.3

Part 3B - number and type of securities to be quoted (existing class) where issue has not previously been notified to ASX in an Appendix 3Bp.4

Existing securities converting into additional securities in an existing class. FROM (Existing Class): PVTAA : PERFORMANCE RIGHTS. TO (Existing Class): PVT : ORDINARY FULLY PAID. Number of options exercised or other convertible securities converted: 2,250,000. The last date the options were exercised or other convertible securities were converted: 11/6/2026.p.4

Is this all of the options or other convertible securities on issue of that type? No. The right of the holder of the options or other convertible securities to receive the underlying securities is being satisfied by: An issue of new securities. The underlying securities being received by the holder are: Intended to be, but are not yet, quoted by ASX. Were the options being exercised or other convertible securities being converted issued under an employee incentive scheme? No.p.4

Issue date: 11/6/2026. Will the securities to be quoted rank equally in all respects from their issue date with the existing issued securities in that class? Yes.p.4

Issue detailsp.5

Number of securities to be quoted: 2,250,000. Are the securities being issued for a cash consideration? No.p.5

Please describe the consideration being provided for the securities: Originally issued as part consideration for the provision of corporate advisory services relating the Company's Québec assets.p.5

Please provide an estimate (in AUD) of the value of the consideration being provided per security for the securities to be quoted: 0.011000.p.5

Part 4 - Issued capital following quotationp.6

Following the quotation of the securities the subject of this application, the issued capital of the entity will comprise the figures below. These figures 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.p.6