Application for quotation of securities - PVT

Part 1 - Entity and announcement detailsp.2

1.1 Name of entityp.2

PIVOTAL METALS LIMITEDp.2

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.p.2

1.2 Registered number typep.2

ACNp.2

Registration numberp.2

623130987p.2

1.3 ASX issuer codep.2

PVTp.2

1.4 The announcement isp.2

New announcementp.2

1.5 Date of this announcementp.2

20/8/2026p.2

Part 2 - Type of Issuep.3

2.1 The +securities to be quoted are:p.3

Otherp.3

Please refer to the response to Q2.3d for further information about the type of securities to be quoted and the circumstances of the issue.p.3

2.2 The +class of +securities to be quoted is:p.3

Additional +securities in a class that is already quoted on ASX ('existing class')p.3

2.3c Have these +securities been offered under a +disclosure document or +PDS?p.3

Nop.3

2.3d Please provide any further information needed to understand the circumstances in which you are applying to have these +securities quoted on ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3Bp.3

Refer to Appendix 3B dated 20-Aug-26: https://announcements.asx.com.au/asxpdf/20260820/pdf/072zyl11sljlc5.pdfp.3

2.4 Any on-sale of the +securities to be quoted within 12 months of their date of issue will comply with the secondary sale provisions in sections 707(3) and 1012C(6) of the Corporations Act by virtue of:p.3

The publication of a cleansing notice under section 708A(5), 708AA(2)(f), 1012DA(5) or 1012DAA(2)(f)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

Additional +securities to be quoted in an existing classp.4

ASX +security code and descriptionp.4

PVT : ORDINARY FULLY PAIDp.4

Issue datep.4

20/8/2026p.4

Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class?p.4

Yesp.4

Issue detailsp.4

Number of +securities to be quotedp.4

1,923,000p.4

Are the +securities being issued for a cash consideration?p.4

Nop.4

Please describe the consideration being provided for the +securitiesp.4

Consideration for exploration asset acquisition not subject to shareholder approvalp.4

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quotedp.4

0.015000p.4

Any other information the entity wishes to provide about the +securities to be quotedp.4

The purpose(s) for which the entity is issuing the securitiesp.4

To pay for the acquisition of an assetp.4

Please provide additional detailsp.4

Consideration for exploration asset acquisition not subject to shareholder approval as per ASX announcement dated 20-Aug-26: https://announcements.asx.com.au/asxpdf/20260820/pdf/072zc19jzy1ys1.pdfp.4

Part 4 - Issued capital following quotationp.5

Following the quotation of the +securities the subject of this application, the issued capital of the entity will comprise:p.5

The figures in parts 4.1 and 4.2 below 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.5

4.1 Quoted +securities (total number of each +class of +securities quoted on ASX following the +quotation of the +securities subject of this application)p.5

4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX)p.5

Part 5 - Other Listing Rule requirementsp.6

5.1 Are the +securities being issued under an exception in Listing Rule 7.2 and therefore the issue does not need any security holder approval under Listing Rule 7.1?p.6

Nop.6

5.2 Has the entity obtained, or is it obtaining, +security holder approval for the issue under listing rule 7.1?p.6

Nop.6

5.2b Are any of the +securities being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1?p.6

Yesp.6

5.2b.1 How many +securities are being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1?p.6

1,923,000 shares not subject to shareholder approvalp.6

5.2c Are any of the +securities being issued without +security holder approval using the entity's additional 10% placement capacity under listing rule 7.1A (if applicable)?p.6

Nop.6