Announcement PDF Gold Hydrogen Limited ABN 74 647 468 899 Annual Financial Report - 30 June 2026 Gold Hydrogen Limited Corporate directory 30 June 2026 1 Directors Alexander Downer - Non-Executive Chairman Neil McDonald - Managing Director Katherine Barnet - Non-Executive Director Roger Cressey - Executive Director Company secretary Karl Schlobohm Registered office and Level 14 principal place of business 110 Eagle Street Brisbane QLD 4000 Share register Automic Suite 2703, Level 27 111 Eagle Street Brisbane QLD 4000 Phone: 1300 288 664 Auditor BDO Audit Pty Ltd Level 18 360 Queen Street Brisbane QLD 4000 Solicitors Gadens 111 Eagle Street Brisbane QLD 4000 Bankers National Australia Bank Limited 259 Queen Street Brisbane QLD 4000 Stock exchange listing Gold Hydrogen Limited shares are listed on the Australian Securities Exchange (ASX code: GHY) Website www.goldhydrogen.com.au Corporate Governance Statement investorhub.goldhydrogen.com.au/corporate-governance Gold Hydrogen Limited Chairman's Letter 30 June 2026 2 Dear Shareholders The 2026 financial year has been another important period of progress for Gold Hydrogen as we continue to advance the Ramsay Project and build our understanding of its Natural Hydrogen and Helium potential. A major focus during the year was the continuation of our appraisal program on the Yorke Peninsula. The successful drilling of Ramsay 3 and Ramsay 4 built upon the knowledge gained from our earlier Ramsay 1 and Ramsay 2 wells and provided the Company with a significantly expanded technical dataset from which to plan its ongoing exploration, appraisal and testing activities. Importantly, during the year we also welcomed Toyota Motor Corporation, Mitsubishi Gas Chemical and ENEOS Xplora as strategic investors in Gold Hydrogen following their combined $14.5 million investment in July 2025. Their investment, together with the strategic collaboration established between the parties, represents significant external validation of the potential of the Ramsay Project and provides Gold Hydrogen with the opportunity to explore future technical, downstream and commercialisation initiatives with three highly respected international organisations. Our work has increasingly focused not simply on confirming the presence of Natural Hydrogen and Helium, but on understanding how these gases may ultimately be produced, processed and commercialised. During the year the Company continued to progress studies into potential downstream applications, including opportunities associated with Hydrogen utilisation, Helium development and green methanol. Since the end of the financial year, the Company has undertaken an extensive well testing program at Ramsay. Testing at Ramsay 1 has successfully demonstrated that Helium can be flowed to surface, separated and purified, while subsequent testing at Ramsay 2 has provided further evidence of continuity of the Helium-bearing zones within the Ramsay system. Testing activities are continuing across the Ramsay wells as we seek to better understand reservoir behaviour and the potential for future commercial production. The Company is also pleased that our strategic investors are now moving beyond their initial investment towards more active strategic participation in the development and evaluation of potential opportunities associated with the Project. While considerable technical work remains ahead of us, I believe Gold Hydrogen enters the new financial year with a stronger technical understanding of Ramsay and a group of strategic partners capable of contributing meaningfully to its future development. In closing, I would like to recognise my fellow Directors and the Company’s management, technical and operational teams for their considerable efforts during another very active year. I would also like to thank our shareholders, strategic partners, suppliers and other stakeholders for their continued support. We look forward to continuing the work required to demonstrate the commercial production potential of Natural Hydrogen and Helium at Ramsay. Yours sincerely The Hon Alexander Downer Non-Executive Chairman Gold Hydrogen Limited Directors' report 30 June 2026 3 The Directors present their report, together with the financial statements, on the consolidated entity (referred to hereafter as the 'Group') consisting of Gold Hydrogen Limited (referred to hereafter as Gold Hydrogen, 'the Company' or 'parent entity') and the entities it controlled at the end of, or during, the year ended 30 June 2026. Directors The following persons were Directors of Gold Hydrogen Limited during the whole of the financial year and up to the date of this report, unless otherwise stated: ● Alexander Downer – Non-Executive Chair ● Neil McDonald – Managing Director and Chief Executive Officer ● Katherine Barnet – Non-Executive Director ● Roger Cressey – Executive Director and Chief Operating Officer Principal activities The Group is focused on the discovery, appraisal and potential development of Natural Hydrogen and Helium gas projects in South Australia. There was no change to the principal activities of the Group during the year. Dividends There were no dividends paid, recommended or declared during the current or previous financial year. Review of operations The loss for the Group after providing for income tax amounted to $2,479,159 (30 June 2025: $2,241,100). Industry and Corporate Overview Gold Hydrogen Limited and its controlled entities (the Group) are focused on the discovery, appraisal and potential development of Natural Hydrogen and Helium gases in South Australia. The Group’s flagship Ramsay Project is located within Petroleum Exploration Licence 687 (PEL 687) on the Yorke Peninsula and Kangaroo Island, in a region where historic drilling first recorded high-purity Natural Hydrogen occurrences in the early twentieth century. Natural Hydrogen, also known as gold or white hydrogen, is generated through geological processes and occurs naturally in the subsurface. If it can be produced at commercial rates, it may offer cost, infrastructure and emissions advantages relative to manufactured hydrogen. Helium is a scarce, non-substitutable gas used in medical imaging, semiconductor manufacture, data centres, aerospace, defence, quantum computing and cryogenic applications. Australia presently relies on imported Helium, providing a potential domestic-market opportunity if the Ramsay Project is successfully developed. At 30 June 2026, the Group’s gas-related exploration portfolio comprised PEL 687 and a series of exclusively held petroleum exploration licence applications across South Australia. Following the award of PELA 792, the Group’s combined tenure and application footprint is in excess of 75,000 km². The Group was also preferred applicant for four gas storage exploration licence applications covering approximately 8,000 km² within the Yorke Peninsula portion of PEL 687. Corporate and Project Objectives The Group’s strategy is to progress the Ramsay Project from exploration and appraisal through technical and commercial evaluation, with the objective of establishing whether Natural Hydrogen and Helium can be produced in commercial quantities. The development pathway remains subject to geological success, sustained flow rates, resource maturation, regulatory approvals, land access, engineering studies, funding and final investment decisions. With regard to its flagship Ramsay Project, the Group’s ongoing commercial and technical objectives are to: (1) continue exploration and appraisal activities to delineate the Natural Hydrogen and Helium systems encountered at Ramsay; (2) demonstrate sustained movement of Natural Hydrogen and/or Helium to surface and obtain the reservoir data required to assess commercial production potential; (3) progress the maturation of Prospective Resources and, subject to sufficient data, evaluate the potential recognition of Contingent Resources; (4) assess pilot and larger-scale commercialisation pathways for Natural Hydrogen and Helium, including domestic Helium supply, onsite power generation, compressed Natural Hydrogen, transport applications and green methanol; and (5) apply technical learnings from Ramsay to the Group’s broader South Australian portfolio. Gold Hydrogen Limited Directors' report 30 June 2026 4 Figure 1 – Gold Hydrogen gas tenure and application areas in South Australia. Summary of Operational Activities Strategic investment and expanded capability In July 2025, the Company completed a $14.5 million strategic placement to Toyota Motor Corporation, Mitsubishi Gas Chemical Company, Inc. and ENEOS Xplora Inc. The placement comprised 20,714,285 fully paid ordinary shares issued at $0.70 per share, representing a 22% premium to the Company’s closing share price on 2 July 2025. The proceeds were directed principally toward the 2025 drilling and 2026 flow-testing program and the assessment of downstream commercialisation opportunities. The investment also established a framework for potential technical collaboration and evaluation of opportunities across the Natural Hydrogen and Helium value chain, including exploration, extraction, purification, utilisation, offtake and downstream products. Gold Hydrogen Limited Directors' report 30 June 2026 5 The Company expanded its operational and commercial capability during the year through the appointment of Simon Talbot as Chief Commercial Officer, Hugo Beldame as a geologist, Leon Hennessey as General Manager – Operations under a contract arrangement, and Marshall Hood as Executive Vice President – Operations. These appointments supported the delivery of the Ramsay drilling and testing programs and the evaluation of potential development pathways. 2025 Ramsay drilling campaign The Group recommenced field drilling in November 2025 following the integration of the Ramsay 1 and Ramsay 2 drilling and testing results with the interpretation of the 2024 regional 2D seismic survey. Ramsay 3 and Ramsay 4 were selected to appraise the lateral continuity and reservoir characteristics of the Natural Hydrogen and Helium-bearing formations identified in the earlier wells. The 2025 wells were designed with larger-diameter wellbores and 7-inch casing to provide greater flexibility for subsequent production-style flow testing. The principal objectives were to delineate the gas systems beyond Ramsay 1 and Ramsay 2, provide improved conditions for lifting formation water and moving gas to surface, mature the Ramsay Project toward commercial evaluation, and develop a repeatable exploration and appraisal approach for the Group’s wider acreage portfolio. Figure 2 – Ramsay well locations, including Ramsay 3 and Ramsay 4, relative to the earlier Ramsay wells. Ramsay 3 Ramsay 3 was spudded on 10 November 2025 approximately 2.3 kilometres from Ramsay 1 and Ramsay 2 and was drilled to a total depth of 884 metres. Elevated Natural Hydrogen responses were recorded in the Parara Limestone, while elevated Helium responses were recorded at several depths within the Kulpara Dolomite. Gas responses correlated with key intervals encountered in Ramsay 2, supporting the potential continuity of the Natural Hydrogen and Helium-bearing zones across the approximately 2.3-kilometre distance between the wells. Full technical details are available from the Company’s ASX release of 2 December 2025. Gold Hydrogen Limited Directors' report 30 June 2026 6 Ramsay 4 Ramsay 4 was spudded on 3 December 2025 approximately 500 metres north of Ramsay 2 and was drilled to a total depth of 855 metres. The well penetrated porous and permeable intervals within the Parara, Kulpara and Winulta formations. Formation evaluation showed strong lateral correlation with Natural Hydrogen and Helium-bearing formations sampled and tested in Ramsay 1 and Ramsay 2. A comprehensive wireline logging suite was acquired, including nuclear magnetic resonance, acoustic and resistivity imaging logs. Mud-gas and wellhead samples were collected, including samples associated with a loss zone encountered at approximately 330 metres. The interval was interpreted to correlate with a fractured zone in Ramsay 1 and was considered prospective for subsequent flow testing. Full technical details are available from the Company’s ASX release of 16 December 2025. Figure 3 – Ramsay 4 wellsite during the December 2025 drilling campaign. Petrophysical interpretation and reservoir definition Independent specialist processing of the Ramsay 3 and Ramsay 4 borehole imaging data improved the quality of the resistivity and acoustic images and increased confidence in the interpretation of fractures and porous intervals. Preliminary interpretation identified additional open fracture zones and porous intervals across the Natural Hydrogen and Helium- bearing reservoirs. As a result of this work, the interpreted gross reservoir thickness across the combined Parara, Kulpara and Winulta formations in Ramsay 3 increased by more than 200%, adding further intervals to the planned flow-testing program. Additional quality control, processing and integration of wireline and laboratory data continued during the year. Full technical details are available from the Company’s ASX release of 28 April 2026. Gold Hydrogen Limited Directors' report 30 June 2026 7 Figure 4 – Example of processed borehole image data used to identify fractures and porous intervals in the Ramsay wells. Ramsay flow-testing campaign By 30 June 2026, the Ramsay flow-testing campaign had moved into implementation. Site preparation was well advanced, equipment and crews were mobilising, and key early-works and groundwater reinjection approvals had been received. The campaign has been designed to test Ramsay 1, Ramsay 2 and Ramsay 3 over a period of up to three months, including separate zonal testing of selected Natural Hydrogen and Helium-bearing formations. The principal objective is to measure sustained flow rates and gather pressure, fluid, gas composition and reservoir-response data required for commercial assessment, potential resource maturation, future field development planning and engineering studies. The 2026 program represents a significant increase in pumping capacity compared with the 2024 testing campaign. Ramsay 1 and Ramsay 2 are to be tested using a 2,000-barrel-per-day electric submersible pump, while the larger wellbore at Ramsay 3 was designed to accommodate a pump rated up to 20,000 barrels per day. Figure 5 – Mobilisation and electric submersible pump equipment for the 2026 Ramsay flow-testing campaign. Gold Hydrogen Limited Directors' report 30 June 2026 8 Geochemical sampling pilot study During March 2026, 39 soil-gas samples were collected across the Ramsay area and adjoining road reserves using a mobile sampling unit. Samples were analysed in the field using a portable gas chromatograph capable of separately measuring Natural Hydrogen and Helium. The maximum Natural Hydrogen result was 2,160 parts per million, almost 4,000 times atmospheric background, with a further adjoining sample recording 635 parts per million. Four samples exceeded 500 parts per million, including 1,100 parts per million at the Ramsay 1 location. The results supported confidence in the sampling method and indicated possible extension of the Ramsay system south of the existing wells. The Group intends to use the method to assist with the maturation and de-risking of further drilling targets across PEL 687. Full technical details are available from the Company’s ASX release of 28 April 2026. Figure 6 – Location and relative Natural Hydrogen results from the 39-sample Ramsay soil-gas pilot study Regional fluid inclusion study The Group continued preliminary subsurface studies across its exclusively held application areas. A total of 51 rock samples from historic drill core and cuttings were selected from the northern Yorke Peninsula and Fleurieu Peninsula and analysed using SLB Fluid Inclusion Stratigraphy technology. Natural Hydrogen concentrations exceeded background thresholds in 23 samples and Helium exceeded background thresholds in 29 samples. Thirteen samples recorded Helium at more than ten times background thresholds. The detections occurred across multiple lithologies and geological settings, supporting the potential for regionally extensive Natural Hydrogen and Helium generation systems beyond the Ramsay Project. Field activity within the application areas remains dependent on the relevant licences being granted. Full technical details are available from the Company’s ASX release of 28 April 2026. Gold Hydrogen Limited Directors' report 30 June 2026 9 Figure 7 – Regional fluid inclusion sampling program across Gold Hydrogen application areas Commercialisation and development studies The Group progressed a range of preliminary commercialisation pathways during FY2026. Each pathway remains contingent on successful flow testing, resource definition, engineering and feasibility studies, regulatory approvals, land access, offtake arrangements, funding and Board approval. The pathways identified include: ● Natural Hydrogen to power: an onsite fuel-cell concept under which Natural Hydrogen could generate electricity for a modular Helium purification plant and demonstrate an off-grid power application. ● Purified compressed Natural Hydrogen: a modular purification concept producing fuel-cell-grade gas for transport in high-pressure tube trailers, with potential longer-term scaling to liquid Natural Hydrogen and export applications. ● Modular Helium pilot: a smaller-scale skid-mounted purification plant potentially matched to one or two wells, aimed at generating operating data and potentially re-establishing domestic Helium supply. ● Scaled Helium development: gaseous and/or liquid Helium production, with plant size, product form and phasing to be optimised against flow-test results and future resource definition. Green methanol collaboration In June 2026, Gold Hydrogen entered into a non-binding memorandum of understanding with strategic shareholder Mitsubishi Gas Chemical Company, Inc. to study the potential development of a green methanol production facility on the Yorke Peninsula using Natural Hydrogen from the Ramsay Project. Subject to confirmation of suitable Natural Hydrogen supply conditions, the parties intend to evaluate feedstock, utilities, plant location, biogenic carbon sources, infrastructure, route-to-market and preliminary project economics through a pre- feasibility study. Subject to satisfactory outcomes, the work may progress to a definitive feasibility study and front-end engineering design. Full technical details are available from the Company’s ASX release of 20 May 2026. Gold Hydrogen Limited Directors' report 30 June 2026 10 Helium commercial assessment Worley completed an independent high-level commercial assessment of indicative Helium development scenarios using inputs provided by the Company. The assessment considered typical process arrangements and recoveries and provided order-of-magnitude technical and cost information for gaseous and liquid Helium cases. The indicative modelling suggested that a two-well development may have commercial potential if each well can sustain a Helium flow rate of approximately 29 thousand standard cubic feet per day, with scale-up to a larger number of wells improving the indicative commercial metrics. The scenarios were not based on a defined Contingent Resource and did not constitute a feasibility study or forecast of project economics. The Group intends to refine the work using actual flow-test data and any subsequent resource definition. Full technical details are available from the Company’s ASX release of 29 June 2026. Corporate Activities The strategic investment completed in July 2025 materially strengthened the Company’s funding position and introduced three industry participants with capabilities relevant to the Company’s intended development pathway. In addition to field activity, the Company continued engagement with potential technology providers, customers, investors, government and strategic partners. During the March 2026 quarter, the Company received an R&D tax refund of $2,708,806 relating to eligible FY2025 activities. The refund assisted in funding the Group’s ongoing exploration, appraisal and technical work programs. The Group continued to progress Native Title and other preliminary work required to advance its petroleum exploration licence applications toward grant. Desktop geological, geophysical and geochemical studies were undertaken to prioritise future field programs once the relevant titles are granted. Resources and Reserves Statements Table 1 – Prospective Resource Statement for Natural Hydrogen Gold Hydrogen’s Ramsay Project: Prospective Resources of Hydrogen in '000 tonnes – effective 30 September 2021 PEL Prospects SPE-PRMS Sub-class 1U Low 2U Best Mean 3U High Pg Pd Pc PEL 687 All Prospects and Leads 207 1,313 4,187 8,820 22% 48% 10% Yorke Peninsula PEL 687 Ramsay FB Prospect 124 931 2,712 6,989 22% 50% 11% PEL 687 Ramsay Lst Prospect 10 70 191 492 26% 50% 13% PEL 687 Maitland Lead 7 26 40 92 17% 35% 6% Kangaroo Island PEL 687 Navigator Lead 34 152 280 678 19% 40% 8% PEL 687 Kanmantoo Prospect 32 134 237 569 25% 40% 10% * This estimate of Natural Hydrogen Prospective Resources must be read in conjunction with the notes below, and it should be noted that the estimated quantities of Natural Hydrogen that may potentially be recovered by the application of a future development project(s) relate to undiscovered accumulations. These estimates have both an associated risk of discovery and a risk of development. Further exploration, appraisal and evaluation is required to determine the existence of a significant quantity of potentially recoverable Natural Hydrogen. Gold Hydrogen Limited Directors' report 30 June 2026 11 Notes: 1 This reserves statement presents Gold Hydrogen’s Prospective Resources. Gold Hydrogen currently has no Reserves and no Contingent Resources. 2 Estimates are assessed to comply with the ASX Listing Rules for Prospective Resources and SPE-PRMS 2018 with the understanding that naturally occurring Hydrogen may be considered a hydrocarbon since it has energy content and can be used stand alone and/or blended with sales gas. “U” implies Prospective Resources. 3 Per ASX Listing Rules 5.28.4 and 5.28.5 estimates are unrisked and aggregated arithmetically by category, hence caution that the aggregate low estimate may be a very conservative estimate and the aggregate high estimate may be a very optimistic estimate due to the portfolio effects of arithmetic summation. 4 Probabilistic methods are used to prepare the estimates. The distribution of the estimates is the “full distribution” and has not been truncated by application of the MEPS (minimum economic pool size concept). 5 The Reference Point is at the wellhead/edge of lease (i.e. wellhead facilities) so the estimates have no deduction for flare, vent or fuel consumed in operations. 6 Pg (Chance of Geologic Discovery), Pd (Chance of Development) and Pc (Chance of Commerciality = Pg x Pd) are calculated as a weight average of the P50’s of the H2 (‘000 Tonnes) of the prospects. 7 Pg incorporates Play Risk and Prospect Risk. 8 Pd incorporates an assessment across all SPE-PRMS Commerciality Criteria (i.e. not just economics). 9 Information in the table is rounded. Some totals in the tables may not add due to rounding. 10 This reserves statement: a. is based on, and fairly represents, information and supporting documentation prepared by the qualified petroleum reserves and resources evaluators listed in note 14 below. Details of each qualified petroleum reserves and resources evaluator’s employment and professional organisation membership are set out in note 13 below; b. has been approved by Luke Titus, who is a qualified petroleum reserves and resources evaluator and whose employment and professional organisation membership details are set out in note 14 of this reserves statement; c. is issued with the prior written consent of Luke Titus and Teof Rodrigues & Associates (“TRA” - involving Teof Rodrigues, Paul Strong, and Greg Horton, whose employment and professional organisation membership details are set out in note 13 of this reserves statement) as to the form and context in which the estimated Natural Hydrogen resources and the supporting information are presented. 11 There is no change to information or additional information, since the effective date of 30 September 2021, that Gold Hydrogen and TRA are aware of that would materially change the estimates in this reserves statement. 12 Gold Hydrogen engages independent experts TRA to evaluate reserves and resources. 13 Qualified Petroleum Reserves and Resources Evaluators are: Name Employer* Professional organisation Luke Titus Gold Hydrogen SPE Teof Rodrigues Teof Rodrigues & Associates SPE, PESA Paul Strong Teof Rodrigues & Associates GSL, AAPG, PESA Greg Horton Teof Rodrigues & Associates SPE * As at 30 September 2021 Table 2 – Prospective Resource Statement for Helium Gold Hydrogen Prospective Resources of Helium in Bcf – Ramsay Project (PEL 687 Yorke Peninsula), effective 21 February 2024 PEL Prospect SPE-PRMS sub-class Formation 1U Low 2U Best Mean 3U High Pg Pd Pc 687 All prospects All formations total 7 41 96 243 17% 60% 10% Ramsay Fault Block Prospect Kulpara Formation 0.8 3.6 7.0 17.1 29% 60% 17% 687 Ramsay Fault Block Prospect Winulta Formation 0.1 0.6 1.6 4.0 12% 60% 7% Ramsay Fault Block Prospect Fractured Formation 0.7 3.8 6.9 16.7 13% 60% 8% Ramsay Fault Block Total 2 8 15 38 20% 60% 12% South of Ramsay Fault Block Prospect Kulpara Formation 2.1 12.8 30.5 77.6 23% 60% 14% South of Ramsay Fault Block Prospect Winulta Formation 0.3 2.4 7.7 19.8 8% 60% 5% 687 South of Ramsay Fault Block Prospect Fractured Basement Hilbata Suite 1.6 10.3 25.5 65.2 12% 60% 7% South of Ramsay Fault Block Prospect Fractured Basement Yorke Peninsula Heel 1.4 7.7 17.0 42.7 12% 60% 7% South of Ramsay Fault Block Total 5 33 81 205 16% 60% 10% Gold Hydrogen Limited Directors' report 30 June 2026 12 * This estimate of Helium Prospective Resources must be read in conjunction with the notes below. These Helium Prospective Resources are estimated quantities of Helium that may potentially be recovered by the application of a future development project(s) relate to undiscovered accumulations. These estimates have both an associated risk of discovery (Pg) and a risk of development (Pd). Further exploration, appraisal and evaluation is required to determine the existence of a significant quantity of potentially recoverable Helium. Notes: 1 This table presents Gold Hydrogen's Prospective Resources for Helium in the Ramsay Field of Yorke Peninsula only. Gold Hydrogen currently has no Reserves and no Contingent Resources. 2 Estimates are assessed to comply with the ASX Listing Rules for Prospective Resources and SPE-PRMS 2018. SPE have provided guidance regarding the Extension of PRMS Principles to Non-Hydrocarbon/Non-Traditional Situations including Helium (and Hydrogen). Refer: https://www.spe.org/en/industry/reserves/non-hydrocarbons/ 3 Per ASX LRs 5.28.4&5 estimates are unrisked and aggregated arithmetically by category, hence caution that the aggregate low estimate may be a very conservative estimate and the aggregate high estimate may be a very optimistic estimate due to the portfolio effects of arithmetic summation. 4 Probabilistic methods are used to prepare the estimates. The distribution of the estimates is the "full distribution" and has not been truncated by application of the MEPS (minimum economic pool size) concept. 5 The Reference Point is at the wellhead/edge of lease (i.e. wellhead facilities) so the estimates have no deduction for flare, vent or fuel consumed in operations. 6 Pg (Chance of geologic Discovery), Pd (Chance of Development) and Pc (Chance of Commerciality = Pg x Pd) are calculated as a weight average of the P50's of the Helium Bcf (Billion Cubic Feet) of the prospect formations. 7 Pg incorporates Play Risk and Prospect Risk. 8 Pd incorporates an assessment across all SPE-PRMS Commerciality Criteria (i.e. not just economics). 9 Information in the table and throughout the Report is rounded. Some totals in the tables may not add due to rounding. 10 There is no change to information or additional information, since the effective date of 21 February 2024, that Gold Hydrogen and TRA are aware of that would materially change the estimates in this reserves statement. It should be noted that the estimated quantities of Helium that may potentially be recovered by the application of a future development project(s) relate to undiscovered accumulations. These estimates have both an associated risk of discovery and a risk of development. Further exploration, appraisal and evaluation is required to determine the existence of a significant quantity of potentially recoverable Helium. QPRRE Statement The Prospective Resource Statement in this announcement is based on, and fairly represents, information and supporting documentation prepared by independent consultants “Teof Rodrigues & Associates” (Mr Teof Rodrigues, Mr Paul Strong and Mr Greg Horton) and Mr Billy Hadi Subrata, Chief Technical Officer for Gold Hydrogen, with an effective date of 21 February 2024. The Prospective Resource Statement has been included in this announcement: (1) under the approval of Mr Billy Hadi Subrata, Chief Technical Officer for Gold Hydrogen, who is a Qualified Petroleum Reserves and Resources Evaluator; and (2) with the prior written consent of Mr Billy Hadi Subrata and “Teof Rodrigues & Associates” (Mr Teof Rodrigues, Mr Paul Strong and Mr Greg Horton) as to the form and context in which the Helium prospective resource statement and supporting information are presented. The employment and professional organisation membership details of Mr Billy Hadi Subrata, Mr Teof Rodrigues,