Announcement PDF QUARTERLY REPORT FOR THE PERIOD ENDING 31 December 30 June 20252021 ASX: AGE 2 Quarter Highlights Alligator Energy Limited (“Alligator”, “AGE” or the “Company”) is pleased to release the 30 June 2025 Quarterly Activities Report. Significant Highlights for the Quarter include: Samphire Project • • • • • The Program for Environment Protection and Rehabilitation (PEPR) addressing conditions of the RL and operation of the FRT is still in the assessment phase by DEM, the EPA, and the Department of Environment and Water (DEW). Achieved a key milestone in receiving the Works Approval License from the EPA for construction of the FRT. An update of the Blackbush JORC Mineral Resource Estimate (MRE) incorporating AGE’s 2024 drilling results has been completed. The Indicated portion of the MRE increased by 10% from the previous MRE to 14.2 Mlbs at an average grade of 786ppm U3O8. The Total MRE has increased by 3% to 18.0 Mlbs at an average grade of 676ppm U3O8. Drilling of three investigation wells required for the FRT groundwater baseline has been completed on site. Big Lake Project • • Big Lake exploration activities were postponed due to flooding in the Cooper Basin region following significant monsoonal rain in Qld. AGE has been monitoring the flood event and has begun preparing a revised AC drilling program planned for Q4 2025 if conditions allow. Sampling at the Adelaide drill core library, the collection of historic information from petroleum wells and the analysis of 2024 drilling data is ongoing. Alligator Rivers Projects • • A work program meeting was held with traditional owners and the NLC regarding planned work over the next two years. AGE is co-funding a component of the NTGS West Arnhem Ground Gravity Survey which covers key future target areas of the Tin Camp Creek (TCC) project. Corporate and Uranium Market • • • • • Cash balance at quarter end of $30.1 M, inclusive of the Share Placement concluded in June 2025 Successful completion of a Share Placement to raise $17.25M (before costs). The Share Placement was strongly supported by institutional investors, both in Australia and overseas and has materially strengthened the Alligator share register. During the quarter the Company advised that Andrea Marsland-Smith, the current COO, would be appointed to the CEO role on 1 July 2025 and Greg Hall moving to the part-time role of Executive Director - Marketing & Investor Relations. The spot U3O8 price ended the quarter at US$78.50/lb (March 2025: US$64/lb) but has since drifted lower. The long-term U3O8 price was maintained at US$80/lb U3O8 (March 2025: US$80/lb). Key uranium and nuclear market developments included: - President Trump signed four executive orders aimed at streamlining the regulatory process for the US nuclear fuel-cycle, including new reactor approvals, reactor extensions and new reactor technologies, with the objective of re-establishing the U.S. as the global leader in nuclear energy. - AI group Meta signed a 20-year Power Purchase Agreement with Constellation Energy. info@alligatorenergy.com.au | www.alligatorenergy.com.au | +61 (0) 7 3839 3904 ABN 79 140 575 604 | Suite 2, 128 Bowen St, Spring Hill, QLD 4000 | Page 2 of 19 3 - The World Bank removed its ban on funding nuclear energy, aiming to include it in a new comprehensive energy funding strategy. China’s State Council approved construction plans for 10 new reactors. 30 reactors are currently under construction and the country’s fleet is expected to reach 200 GW by 2040, versus 60 GW last year. Plans for the forthcoming quarter: • Samphire - • Big Lake - • AGE has been monitoring the flood event and has begun preparing a revised Air Core drilling program planned for Q4 2025 if conditions allow. Sampling and analysis of core at the Adelaide drill core library. Data mining of historic information from petroleum wells and analysis of 2024 drilling data is ongoing. Alligator Rivers - • Continue to engage with DEM, EPA and DEW regarding assessment of the PEPR and final approval, with FRT on-site construction start timing dependent on this notification. Preparation of scope documents ahead of commencing a tender process to select definitive feasibility study consultants. Continued review and technical interpretation of 2024 geochemistry and geophysics in conjunction with all Alligator River project data, and target development and work program generation. Mine Management Plan approvals finalised for future work at TCC. Field visit for rehabilitation/environmental monitoring and reporting in conjunction with local community stakeholder engagement and site maintenance. Annual audit inspection by the Office of the Supervising Scientist (OSS) scheduled for late August. Piedmont - Based on the limited market interest in acquiring the Project, in mid-July work commenced to relinquish the four granted licences. info@alligatorenergy.com.au | www.alligatorenergy.com.au | +61 (0) 7 3839 3904 ABN 79 140 575 604 | Suite 2, 128 Bowen St, Spring Hill, QLD 4000 | Page 3 of 19 4 Samphire Uranium Project Development The Company received formal advice from the DEM on 13 January 2025 of the grant of a RL for the purposes of conducting a field recovery trial at the Samphire Project. AGE submitted the Program for Environment Protection and Rehabilitation (PEPR) to DEM on 14th March 2025 which governs how the trial will be conducted. Formal request for information (RFI) was received from DEM on 23 May 2025. AGE submitted its responses in mid-June which remain under assessment by DEM, EPA and DEW. • Approval of the PEPR is the final step in the DEM regulatory process to commence on-site construction of the FRT infrastructure. Figure 1 shows the indicative Schedule for Samphire Field Recovery Trial - PEPR approval, construction and operations. • Construction licensing with the EPA and SafeworkSA licensing completed. • Drilling of three investigation wells required for the FRT groundwater baseline characterisation and then for the FRT has been completed on site. Figure 1 – Indicative Schedule for Samphire Field Recovery Trial - PEPR approval, construction and operations. Subject to DEM (and Co-Regulators) approval of the PEPR • An update of the JORC Mineral Resource Estimate (MRE) for the Blackbush deposit has been completed (Figure 2). - - With the addition of the 2024 resource drilling, the Indicated portion of the MRE has been further increased by 10% from the previous MRE to 14.2 Mlbs at an average grade of 786ppm U3O8. The Total MRE (Inferred and Indicated) has increased by 3% to 18.0 Mlbs at an average grade of 676ppm U3O8. 0.5 Mlbs were added to the Total Resource, and 1.3 Mlbs were converted to the Indicated Resource Category. info@alligatorenergy.com.au | www.alligatorenergy.com.au | +61 (0) 7 3839 3904 ABN 79 140 575 604 | Suite 2, 128 Bowen St, Spring Hill, QLD 4000 | Page 4 of 19 5 Figure 2 – Collar locations (pre 2024 blue dots, 2024 in black dots) and current Indicated (red shell), Inferred (green shell) and Unclassified (pale green shell) MRE. Big Lake Uranium (BLU) Project • As per ASX release 23 October 2024, drilling at BLU Site 10 on EL6367 (Figure 3) returned significant thicknesses of unconsolidated sands and elevated uranium values which were confirmed by assay (Figures 3 & 4). Four holes recorded uranium values at over 100 ppm, including two intersections within porous sands of greater than 20 m thickness. • Approval of the exploration PEPR was received early Q1 for a program comprising up to 30 aircore holes to test targets identified in the Namba Formation and up to 20 rotary-mud holes to test targets identified in the Eyre Formation to approximately 250m depth. • In late February 2025 the Company initiated a rotary mud drilling program at the Big Lake Project targeting both the Namba and Eyre formations, with two drill holes completed. • In March flood alerts were issued for the Cooper and Strzelecki Creeks with local graziers and oil and gas companies commencing flood mitigation procedures. After considering the potential for a significant period of disruption and the safety of personnel and equipment, AGE decided to initiated demobilisation procedures and issued a force majeure notice to its drilling contractor. • By April many of AGE’s planned drilling areas were impacted, including our mobile camp site, and road access to Moomba, Innamincka and surrounds. Floodwaters have since begun to recede however damage to local infrastructure and current road closures still prevent access to the region. • AGE has been monitoring the flood event and has begun preparing a revised AC drilling program planned for Q4 2025 if conditions allow. Sampling at the Adelaide drill core library, the collection of historic information from petroleum and analysis of 2024 drilling data is ongoing. info@alligatorenergy.com.au | www.alligatorenergy.com.au | +61 (0) 7 3839 3904 ABN 79 140 575 604 | Suite 2, 128 Bowen St, Spring Hill, QLD 4000 | Page 5 of 19 6 Figure 3: Alligator’s significant tenement holding, southern Cooper Basin (Big Lake Project) - location of Site 10 denoted. Figure 4: Drillhole location map (Site 10) showing uranium grades (ppm) encountered in AGE’s 2024 drilling program. Rotary Mud drilling in this area will be targeted to both expand the mineralisation footprint and look for deeper sand units. info@alligatorenergy.com.au | www.alligatorenergy.com.au | +61 (0) 7 3839 3904 ABN 79 140 575 604 | Suite 2, 128 Bowen St, Spring Hill, QLD 4000 | Page 6 of 19 7 Alligator Rivers Uranium Province (ARUP) • Work at the Company’s ARUP Projects during the quarter focused on retaining the projects in good standing through compliance reporting and in-house technical works along with progressing approvals and targeting activities for the next phase of exploration activity. • The Company has taken up an option for co-funding a component of the NTGS West Arnhem Ground Gravity Survey which is due to commence during July 2025. The NTGS is set to undertake helicopter supported ground gravity across a large portion of the Alligator Rivers region and West Arnhem at 4km spacing with the option for exploration companies to fund infill areas at up to 500m spacing. Alligator has selected an area approximately 80km2 in the north of EL24922 (Tin Camp Creek) with broad sandstone cover up to 300m deep for infill by NTGS. The survey represents excellent value for the Company based on the cost per station, and that there is no logistics or support requirements from AGE. The capture of detailed gravity in this region will provide additional targeting mechanisms to identify key structures and stratigraphic intercepts below the unconformity in a region where strong radiogenic ground waters ebb from below the deep sandstone cover bearing key Uranium derived isotopes and indicators. • A work program meeting was held with traditional owners and the NLC in Gunbalanya during April consulting on a range of proposed and completed works at the Nabarlek North project, with consent obtained for all proposed work programs. While exploration activity will be limited during 2025 across the Alligator Rivers, key rehab inspections and targeting work is continuing, along with community engagement programs. Piedmont Nickel Cobalt Project - NW Italy (Ni, Au, Cu, Co – AGE: 51% JV) • Marketing of the Piedmont Project to interested parties continued during the quarter with the focus on outlining the gold exploration potential of the licences given the historical mine workings in the region. • Based on the limited market interest in acquiring the Project, the Company agreed with its JV partners in mid-July 2025 to relinquish the licences and discontinue this business operation. The financial impact of this decision at quarter end is immaterial as the Company has previously impaired most of the exploration expenditure on the Project. Investment in EnviroCopper Limited (ECL) – Cu ISR AGE: 15.61% interest • During the quarter, ECL received approval from the Department for Energy and Mining (DEM), for a 90 day in-ground Site Environmental Lixiviant Trial (SELT) to confirm economic modelling for potential copper extraction. The SELT is expected to commence in the coming quarter. If successful, this trial may lead to feasibility studies and a mining lease application under the Mining Act (SA) for a Copper ISR mine at Kapunda. • First stage pump testing has been undertaken during the quarter at ECL’s second project, Alford West, to establish hydrogeological parameters and test ISR amenability. Initial pumping test results fall in the range for successful ISR operations. Once this testing has been completed then tracer tests will be planned for later in the quarter, subject to receipt of Drain and Discharge permit approvals. • ISR factors arising from the Kapunda approval process have now been included in the DEM’s ePEPR form. This initiative provides a “template” for companies to take to other ISR projects which may significantly improve approval timeframes. • ECL remains in ongoing investment discussions with international investors focused on copper ISR for a significant equity injection. info@alligatorenergy.com.au | www.alligatorenergy.com.au | +61 (0) 7 3839 3904 ABN 79 140 575 604 | Suite 2, 128 Bowen St, Spring Hill, QLD 4000 | Page 7 of 19 8 Market Update The spot U3O8 price ended the quarter 22% higher at ~US$78.50/lb (March 2025 - ~US$64.23/lb), however has since drifted lower. The UxC long term price indicator was maintained at US$80/lb U 3O8 for the month of June 2025. Key market drivers by both Governments and big technology companies during the quarter were: • United States President Trump signed four executive order reforms aimed at streamlining the regulatory process for the US nuclear fuel-cycle, including approvals on new reactors, reactor extensions and new reactor technologies, with the objective of re-establishing the U.S. as the global leader in nuclear energy. President Trump also issued an executive order to address U.S. reliance on foreign sources for processed critical minerals, including uranium, under Section 232 of the Trade Expansion Act. Meta signed a 20-year Power Purchase Agreement to buy 1,121 megawatts from Constellation Energy’s Clinton nuclear plant in Illinois starting in mid-2027. Westinghouse and Google are partnering to apply AI tools to streamline construction of the Westinghouse AP1000 nuclear reactors, with a successful proof of concept achieved. The World Bank removed its ban on funding nuclear energy, aiming to include it in a new comprehensive energy strategy, with funding to be available for extensions of existing reactors and the development of SMRs. The World Bank and the International Atomic Energy Agency (IAEA) signed an agreement to support the safe and responsible use of nuclear energy in developing countries. • Asia China’s State Council approved construction plans for 10 new reactors. 30 reactors are under construction, and the country’s nuclear reactor fleet is expected to reach 200 gigawatts by 2040, versus 60 gigawatts last year. India announced a target to increase uranium imports almost four-fold by 2033, from ~5.7 MMlbs U3O8 over the past 5-years, to ~19.8 MMlbs in total over 2025-2033 Indonesia plans to build 10 GWe of nuclear power by 2040 as part of a broader 103 GWe clean energy expansion to reach carbon neutrality before 2050. Japan enacted the GX Decarbonized Power Sources Act, lifting the 60-year cap on nuclear reactor lifespans to support energy security and decarbonization goals. • Europe The European Commission projects a base case of 109 GWe by 2050 (from 98 GWe in 2025), or a level of 144 GWe by 2050 if all existing reactor lives are extended and existing planned projects are delivered. Poland approved €14.5 billion in financing for its first nuclear power plant, in partnership with U.S.-based Westinghouse, aiming for full commercial operation by early 2039. Norway has launched its first formal review of nuclear power with an EIA plan led by three national agencies, due by September. The UK government is investing GBP 14.2 billion to build Sizewell C—a “replica” of Hinkley Point C with two EPR reactors (3.2 GW) to power around six million homes for at least 60 years. info@alligatorenergy.com.au | www.alligatorenergy.com.au | +61 (0) 7 3839 3904 ABN 79 140 575 604 | Suite 2, 128 Bowen St, Spring Hill, QLD 4000 | Page 8 of 19 9 Corporate • Cash balance at quarter end of $30.1 M, inclusive of the proceeds from the June 2025 share placement referred to below. • In June 2025, the Company received firm commitments to raise $17.25M (before costs) via placement to institutional and sophisticated investors. The Placement was strongly supported by institutional investors, both in Australia and overseas and has materially strengthened the Alligator share register. The Placement involved the issue of 556M new ordinary shares at $0.031 per share and a one for two option issue (Options) at an exercise price of $0.047 with a two-year life from the date of issue. • The Options are intended to be quoted options, subject to compliance with the relevant ASX Listing Rules and the Corporations Act, and will be issued subject to shareholder approval, to be sought at a general meeting of the Company scheduled for 28 August 2025. • The funds raised through the Placement will enable the Company to accelerate progress and expand its work programs on its key uranium projects and enable evaluation of business development opportunities. • During the quarter, the Company advised that Greg Hall, CEO and Managing Director, would be moving to the part-time role of Executive Director - Marketing & Investor Relations and that Andrea Marsland-Smith the current COO would be assuming the CEO role effective from 1 July 2025. • Recruitment is underway for two executive operational roles supporting the new CEO, namely General Manager, Approvals and Sustainability and General Manager, Operations. • Capital Structure and Listing Rule 5 disclosures At 30 June 2025, the Company had the following capital structure and cash balances: As at 30 June 2025 Cash Balance A$30.1M Ordinary Fully Paid Ordinary Shares (AGE) 4,430.1M Listed Options 7.8c (Exp 28/11/25) (AGEOC) 273.9M Unlisted Options 8.1c (Exp 01/12/25) 132.0M Unlisted Employee Incentive Performance Options 39.9M Director Share Options 14.4M Expenditure on exploration and evaluation activities during the June 2025 quarter totalled $1,969k (previous quarter - $2,061k) and related principally to advancing the Samphire Project and upcoming Field Recovery Trial. Payments to related parties including non-executive director fees and the salary of the CEO and Managing Director for the March quarter totalled $139k (previous quarter $129k). This announcement has been authorised for release by the CEO. info@alligatorenergy.com.au | www.alligatorenergy.com.au | +61 (0) 7 3839 3904 ABN 79 140 575 604 | Suite 2, 128 Bowen St, Spring Hill, QLD 4000 | Page 9 of 19 10 Contacts: For more information, please contact: Ms Andrea Marsland-Smith Mr. Mike Meintjes CEO CFO & Company Secretary ams@alligatorenergy.com.au mm@alligatorenergy.com.au For media enquiries, please contact: Alex Cowie Media & Investor Relations alexc@nwrcommunications.com.au Competent Person’s Statement Uranium Information in this report is based on current and historic Exploration and Resource Drilling Results related to the Alligator projects is based on and fairly represents information provided by Dr Andrea Marsland-Smith who is a Member of the AusIMM. Dr Marsland-Smith is employed by Alligator Energy as Chief Executive Officer (CEO) and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity she is undertaking (including 21 years working with ISR uranium development and operations) to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Dr Marsland-Smith consents to the inclusion in this release of the matters based on her information in the form and context in which it appears. In relation to Exploration results referred to in this Quarterly report, the Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. In relation to the mineral resource estimate referred to in AGE ASX release 6 May 2025 or the production target referred to in AGE ASX release 14 December 2023 that is relevant for underpinning the field recovery trial at Samphire, the Company confirms that all material assumptions underpinning the production target, and the forecast financial information derived from the production target, in the initial announcement continue to apply and have not materially changed. info@alligatorenergy.com.au | www.alligatorenergy.com.au | +61 (0) 7 3839 3904 ABN 79 140 575 604 | Suite 2, 128 Bowen St, Spring Hill, QLD 4000 | Page 10 of 19 11 Forward Looking Statement This announcement contains projections and forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of the Company. These risks and uncertainties could cause actual results and the Company’s plans and objectives to differ materially from those expressed in the forward-looking information. Actual results and future events could differ materially from anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and expressly qualified in their entirety by this notice. The Company assumes no obligation to update forward-looking information should circumstances or management’s estimates or opinions change. About Alligator Energy Alligator Energy Ltd is an Australian, ASX-listed, exploration company focused on uranium and energy related minerals, principally through its equity interest in EnviroCopper Limited. Alligator’s Directors have significant experience in the exploration, development and operations of both uranium and copper projects. Projects info@alligatorenergy.com.au | www.alligatorenergy.com.au | +61 (0) 7 3839 3904 ABN 79 140 575 604 | Suite 2, 128 Bowen St, Spring Hill, QLD 4000 | Page 11 of 19 12 Alligator Group Tenure Holdings at Quarter End: The following information is provided pursuant to Listing Rule 5.3.3 for the quarter ended 30 June 2025. ARUP (NT) Uranium Licence Number Ownership Interest Area (km2) State Status TCC Project P/L 100 76.79 NT Granted TCC Project P/L 100 194.59 NT Granted TCC Project P/L 100 11.55 NT Granted EL24291 Tenement Name Tin Camp Creek Tin Camp Creek Tin Camp Creek Beatrice Alligator Energy Ltd 100 337.21 NT Granted EL26796 Beatrice 100 19.77 NT Granted EL27252 Nabarlek North 100 6.75 NT Granted EL27253 Nabarlek North 100 5.61 NT Granted EL28389 Nabarlek North 100 110.83 NT Granted EL28390 Nabarlek North 100 33.58 NT Granted EL29991 Nabarlek North 100 26.87 NT Granted EL29992 Nabarlek North 100 63.81 NT Granted EL29993 Nabarlek North 100 57.06 NT Granted EL31480 Nabarlek North Alligator Energy Ltd Northern Prospector P/L Northern Prospector P/L Northern Prospector P/L Northern Prospector P/L Northern Prospector P/L Northern Prospector P/L Northern Prospector P/L Northern Prospector P/L 100 188.44 NT Granted Alligator Energy Ltd 100 123.88 NT Application Northern Prospector P/L 100 907.44 NT Applications EL24921 EL24922 EL25002 EL26793, EL26794, Beatrice EL26795 EL27777, EL27778, EL28176, EL28293, EL28315, EL28863, EL28864, EL28865, Various EL28950, EL31452, EL31453, EL31454, EL32075, EL32389, EL32390, EL32391 Eyre Peninsula (SA) Uranium EL5926 Samphire S Uranium Pty Ltd 100 332 SA Granted EL6350 Samphire S Uranium Pty Ltd 100 38 SA Granted EL6835 Samphire S Uranium Pty Ltd 100 61 SA EL6901 Samphire S Uranium Pty Ltd 100 119 SA Granted Granted 100 818 SA Granted 100 841 SA Granted 100 877 SA Granted 100 978 SA Granted 100 939 SA Granted 100 994 SA Granted Cooper Basin (SA) Uranium EL6367 Big Lake EL6847 Big Lake EL6848 Big Lake EL6849 Big Lake EL6902 Big Lake EL6903 Big Lake Big Lake Uranium Pty Ltd Big Lake Uranium Pty Ltd Big Lake Uranium Pty Ltd Big Lake Uranium Pty Ltd Big Lake Uranium Pty Ltd Big Lake Uranium Pty Ltd info@alligatorenergy.com.au | www.alligatorenergy.com.au | +61 (0) 7 3839 3904 ABN 79 140 575 604 | Suite 2, 128 Bowen St, Spring Hill, QLD 4000 | Page 12 of 19 13 EL6904 Big Lake Big Lake Uranium Pty Ltd 100 975 ~51* 16.50 ~51* 13.50 ~51* 3.77 ~51* 36.78 SA Granted Piedmont (NW Italy) Ni-Co – JV P0038V Laghetto P0050V Gavala P0044V Valmaggia P0042V Sella Bassa AGE EV Minerale SrL AGE EV Minerale SrL AGE EV Minerale SrL AGE EV Minerale SrL PIE (Italy) PIE (Italy) PIE (Italy) PE (Italy) Granted Granted Granted Granted Blackbush Mineral Resource Estimate reported above a 250ppm U3O8 cut-off. JORC Category Mt Grade (U3O8 ppm) U3O8 Metal (Mlbs) Indicated 8.2 786 14.2 Inferred 3.9 443 3.8 Total 12.1 676 18.0 The model is reported unconstrained and above a 250 ppm U3O8 lower cut-off grade for all zones in consideration of potential for recovery by in situ leach processes. There is no historical depletion by production within the model area. Estimation of the disequilibrium factored and topcut gamma data (feU3O8c) is by ordinary kriging using dynamic anisotropy for the mineralised zone. Density is estimated by nearest neighbour estimation within the Kanaka Beds on the basis of logged geology as either 1.79 t/m3 for lignitic material or 1.92 t/m3 for other sediments; other paleochannel stratigraphies had a default of 1.90 t/m3 assigned; saprolite capping the basement granite was assigned a bulk density of 2.16 t/m3 and the primary basement granite was assigned a nominal bulk density of 2.70 t/m3. The model assumes agglomeration of 12.5mE x 12.5mN x 1mRL parent blocks for definition of well fields for production. The model does not account for dilution, ore loss, hydrogeology, or recovery issues. These parameters should be considered during the mining study as being dependent on the ISL treatment process. Classification is according to JORC Code Mineral Resource categories. Totals may vary due to rounded figures. The mineral resource estimate in this report was reported by the Company in accordance with listing rule 5.8 on 6 May 2025. The Company confirms it is not aware of any new information or data that materially affects the information included in the previous announcement and that all material assumptions and technical parameters underpinning the estimates in the previous announcement continue to apply and have not materially changed. info@alligatorenergy.com.au | www.alligatorenergy.com.au | +61 (0) 7 3839 3904 ABN 79 140 575 604 | Suite 2, 128 Bowen St, Spring Hill, QLD 4000 | Page 13 of 19 14 Appendix 5B Mining exploration entity or oil and gas exploration entity quarterly cash flow report Name of entity Alligator Energy Limited ABN Quarter ended (“current quarter”) 140 575 604 30 June 2025 Consolidated statement of cash flows 1. Cash flows from operating activities 1.1 Receipts from customers 1.2 Payments for Current quarter $A’000 Year to date (12 months) $A’000 - - (a) exploration & evaluation - - (b) development - - (c) production - - (d) staff costs (incl State Payroll Taxes) (359) (1,545) (e) administration and corporate costs (320) (1,572) 80 1,111 1.3 Dividends received (see note 3) 1.4 Interest received 1.5 Interest and other costs of finance paid - - 1.6 Income taxes paid - - 1.7 Government grants and tax incentives 49 161 1.8 Other (annual insurances) - (134) 1.9 Net cash from / (used in) operating activities (550) (1,979) 2. Cash flows from investing activities 2.1 Payments to acquire or for: (a) entities - - (b) tenements - - (318) (769) (1,969) (10,361) (e) investments (EnviroCopper) - (1,100) (f) - - (c) property, plant and equipment (incl FRT construction) (d) exploration & evaluation other non-current assets info@alligatorenergy.com.au | www.alligatorenergy.com.au | +61 (0) 7 3839 3904 ABN 79 140 575 604 | Suite 2, 128 Bowen St, Spring Hill, QLD 4000 | Page 14 of 19 15 Consolidated statement of cash flows 2.2 Current quarter $A’000 Year to date (12 months) $A’000 Proceeds from the disposal of: (a) entities - - (b) tenements - - (c) property, plant and equipment - - (d) investments - - (e) other non-current assets - - 2.3 Cash flows from loans to other entities - - 2.4 Dividends received (see note 3) - - 2.5 Other (property and tenement bonds) - (186) 2.6 Net cash from / (used in) investing activities (2,287) (12,416) 3. Cash flows from financing activities 3.1 Proceeds from issues of equity securities (excluding convertible debt securities) 17,250 17,250 3.2 Proceeds from issue of convertible debt securities - - 3.3 Proceeds from exercise of options - - 3.4 Transaction costs related to issues of equity securities or convertible debt securities (1,041) (1,041) 3.5 Proceeds from borrowings - - 3.6 Repayment of borrowings - - 3.7 Transaction costs related to loans and borrowings - -