Notification regarding unquoted securities - ESR

In our recent announcement on February 19, 2025, Estrella Resources Limited disclosed the issuance of 12,250,000 Share Performance Rights under an employee incentive scheme. These securities, encompassing Class J, K, L, and M, are not intended for quotation on the ASX. The Class K Share Performance Rights vest based on a market cap target, while the Class J rights depend on compliance with reporting standards. Class L rights are tied to specific non-market performance metrics in Timor and Australia, and Class M rights are allocated to staff in Timor. The vesting period for all these shares extends until December 31, 2026. This transaction demonstrates our commitment to incentivizing and rewarding key team members within the company. For further details or inquiries about this announcement, investors are welcome to reach out for more information.