Allied Critical Metals – Investors

Notes – As at Jan. 13 2026

1. Finder Warrants: Aug 18 2025 Placement – 1,072,659 finders’ warrants @ $0.30 per Unit (1 share + ½ $0.40 warrant), 2-year term. Total fully diluted shares of 1,608,989. These are recorded at their stated exercise prices; the $0.40 investor-warrant from the Aug 18 Units is included at the $0.40 price level
2. Property Vendor Share Grants (Unvested):

• Borralha Tungsten Project Vendor – $1.34 M face value, vesting no earlier than 12 months + 1-day post-April 17, 2025, convertible into a number of common shares determined by a share price equal to the greater of C$0.30/share or 20-day VWAP, for no additional consideration. Upon vesting all shares will be subject to a 3-year escrow, in addition to a full 2-year lock-up.

• Vila Verde Project Vendor – $2.68 M face value, vesting no earlier than 36 months + 1-day post-April 17, 2025 and only upon issuance of a definitive mining exploration license for commercial production at commercially viable levels from the Corporation’s Vila Verde Tungsten Project in Portugal on or before April 17, 2028, otherwise expires unvested. Convertible into a number of common shares determined by a share price equal to the greater of C$0.40/share or 20-day VWAP, for no additional consideration. There is no certainty as to whether this may vest, if ever at all. For further information please refer to Allied Critical Metal’s profile on Sedar+.