Announcement PDF Annual Report 2026 Corporate Directory Directors Paul Chapman, Non-executive Chairman Dean Tuck, Managing Director Philip Crutchfield, Non-executive Director Joint Company Secretaries Jessamyn Lyons Debra Fullarton Registered Office & Postal Address Unit 1, 4 Burgay Court Osborne Park WA 6017 PO Box 712 Osborne Park DC WA 6916 ABN 40 119 031 864 T: +61 8 9473 8345 W: dreadnoughtresources.com.au Share Registry Automic Pty Ltd Level 5, 191 St Georges Terrace Perth, WA 6000 Australia hello@automicgroup.com.au (within Australia): 1300 288 664 (international): +61 2 9698 5414 Auditors PKF Perth Level 8, 905 Hay Street Perth WA 6000 Stock Exchange Australian Securities Exchange ASX Code: DRE Dreadnought Resources is an active West Australian explorer with a portfolio spanning gold, critical and base metals. Contents Chairman’s statement 1 Directors’ report 2 Auditor’s Independence Declaration 14 Consolidated statement of profit or loss and other comprehensive income 15 Consolidated statement of financial position 16 Consolidated statement of changes in equity 17 Consolidated statement of cash flows 18 Notes to the consolidated financial statements 19 Consolidated entity disclosure statement (CEDS) 41 Directors’ declaration 42 Independent Auditor’s Report 43 ASX additional information 48 Annual Report 2026 1 dreadnoughtresources.com.au Chairman’s statement Dear Fellow Shareholder, We are pleased to present the 2026 Annual Report for Dreadnought Resources Limited. The past year has been focussed on our strategy to deliver significant shareholder returns through the discovery of economic mineral deposits in the Tier 1 jurisdiction of Western Australia. The key objectives of this strategy are: • Self-Funding: Generating cash flow from Star of Mangaroon, followed closely by Metzke’s Find. • Discovery: Finding more gold, faster by making major life changing discoveries on 100% owned ground. • Commercialisation: Maintaining critical metal optionality and discovery funded by third parties. Self-Funding We have significantly progressed the outsourcing of the funding, development, haulage and processing of our small high-grade deposits to third parties to reduce future reliance on market funding. Star of Mangaroon (Mangaroon) • Upgraded the high-grade shallow Resource to 27,000 oz @ 11.1 g/t with 99% in Measured and Indicated categories. • Reached agreement with Black Cat Resources Ltd to mine and process ore at Paulsens. • Obtained required mining approvals and finalising road user agreements and bore extraction permits to bring the open pit into development. Metzke’s Find (Illaara) • Upgraded the high-grade shallow Resource to 24,900 oz @ 5.2 g/t with a 94% increase in the Indicated category. • Demonstrated exceptional gold recoveries (CIL 98.9%). • Secured a granted mining lease over the Resource. • Confirmed the Metzke’s North discovery with genuine potential to grow the deposit further. • Commenced scoping studies. Discovery We are focussed on making a significant discovery across our highly prospective tenure. Illaara Gold • Identified 13 distinct gold mineralised corridors ranging from ~1.5 to >7km in strike from first pass air core drilling program which tested only ~ 10% of the greenstone belt. • Commenced second pass air core drilling program to refine those targets and define the strike extent of the mineralised structures. Mangaroon Gold • Conducted target definition work at Steve’s Reward, Cullens and the High Range. • Completed extensive soil sampling to support discovery focused exploration. • Generated a 7th camp scale prospect (High Range Northwest). • Defined 15km gold-in-soil anomaly along Minga Bar. Mangaroon Critical Metals • Maintained critical metal optionality at Mangaroon with a combined Resource at the Gifford Creek Carbonatite (“Gifford Creek”) and the Yin Ironstones (“Yin”) of 40.82Mt @ 1.03% TREO (67% Measured and Indicated). • Discovered the Stinger Nb-REE-P-Ti-Sc-Zr bearing carbonatite and delivered the Stinger Niobium Exploration Target. • Consolidated the region with the acquisition of the Mick Well rare earth tenements. • Continued mineralogical and metallurgical test work to support renewed interest and investments from global investors. • Identified high-grade tungsten opportunities. Other • Advanced the Money Intrusion Ni-Cu-Co-PGE prospect (Mangaroon) via the Teck Resources Limited Farm-in/JV. • Released an independent Inferred Resource at Orion (Kimberley – Tarraji Yampi) with a diverse range of commodities and critical minerals including copper, cobalt, antimony, gold, silver, lead and zinc. Corporate • Undertook a significant placement providing a solid foundation for furthering our objectives of Finding More Gold Faster. • Acquired a strategic landholding with rare earth and tungsten mineralisation in the Gascoyne. • Expanded the exploration team with a structural specialist and additional exploration geologists. We have made good progress this year and look forward to an eventful and prosperous 2027. In closing, we would like to thank our stakeholders including local communities, employees, joint venture partners, suppliers and other business partners. We also would take this opportunity to thank our fellow shareholders for your ongoing support. Paul Chapman Chairman Directors’ report Annual Report 2026 2 dreadnoughtresources.com.au Directors’ report Your directors present their report on the consolidated entity (referred to hereafter as the Group) consisting of Dreadnought Resources Limited (referred to hereafter as the Parent Entity, Dreadnought or the Company) and the entities it controlled at the end of, or during, the year ended 30 June 2026. Directors Directors of the Company during the whole of the financial year and up to the date of this report, unless otherwise stated, were: Person Role Appointed Paul Chapman Non-executive Chairman 9 April 2019 Dean Tuck Managing Director 9 April 2019 Philip Crutchfield Non-executive Director 13 September 2022 Principal activities The principal activities of the Group during the financial year were minerals exploration and evaluation activities. There were no significant changes in the nature of activities of the Group during the year. Dividends No dividends have been declared or paid during the year (2025: Nil). Operating results and financial position The net result of operations for the financial year was a loss of $2,616,172 (2025: $18,882,469). This includes impairment of exploration of $43,643 (2024: $17,147,180). The net assets of the Group have increased by $17,735,297 during the financial year from $52,032,360 at 30 June 2025 to $69,767,657 at 30 June 2026. Review of operations The Group is an ASX-listed exploration and evaluation company focusing on acquiring and exploring high-quality projects within the state of Western Australia. The Company’s strategy is to discover major deposits either by itself or in joint venture with major mining companies. Below are highlights and significant changes in the state of affairs during the year and to date. Operational Highlights to 30 June 2026 Illaara Gold (100%) • Illaara covers 70 strike km and ~800km2 of the Illaara Greenstone Belt within a highly prospective gold province. • All historic workings and known gold occurrences relate to outcropping mineralisation with minimal modern exploration. • Illaara hosts a small shallow, high-grade gold resource at Metzke’s Find of ~25koz @ 5.2g/t Au. • Further work is being undertaken to bring Metzke’s Find into production with the Mining Lease recently being granted and scoping studies underway. • The first ever systematic air core drilling program was undertaken across the belt and is delivering encouraging results. An infill drill program to define emerging mineralised corridors has commenced on 25-50m spacing. Mangaroon Gold (100%) • Mangaroon hosts numerous high-grade gold occurrences which have seen minimal modern exploration. • An upgraded scoping study on an open pit at Star of Mangaroon targets initial production of ~24koz @ 8.3g/t Au (99% measured and indicated). The commercialisation of these high-grade gold targets is expected to deliver ~$78m in free cashflow @ $5,500oz with a maximum cash drawdown of ~$5.4m. • The Company has outsourced funding, development, haulage and processing of the Star of Mangaroon to generate cashflow to provide exploration funding for life changing discoveries. Requisite approvals are being finalised. • Discovery focused exploration is ongoing at Steve’s Reward, Cullens and the High Range. Gifford Creek Critical Metals (100%) • Mangaroon is a globally significant critical minerals complex with a combined Resource at Yin and Gifford Creek of 40.82Mt @ 1.03% TREO. The Yin Resource of 29.98Mt @ 1.05 TREO is 87% Measured and Indicated. • Gifford Creek has produced some of WA’s best niobium intercepts with ongoing mineralogy work confirming pyrochlore (a key niobium-bearing mineral) at Stinger. • Stinger continues to deliver shallow high-grade critical metals and the nature of Gifford Creek and ongoing mineralogy, and metallurgy work will continue to enhance the attractiveness of the project. • Mangaroon has the potential to evolve as a multi-commodity critical metals hub, within proximity to existing infrastructure. A Mining Lease application is underway. Directors’ report Annual Report 2026 3 dreadnoughtresources.com.au Tarraji-Yampi - Cu-Ag-Au-Co (80% / 100%) • Tarraji-Yampi is located entirely within a Commonwealth Defence Reserve in the West Kimberley and is accessed under a Deed of Access with the Commonwealth which is in the process of being extended. • The project has outcropping mineralisation including copper, cobalt, antimony, gold, silver, lead and zinc. • A Resource of 1.17Mt @ 1.2% Cu, 1.0g/t Au, 19.8g/t Ag and 0.06% Co containing 14,200t of Cu, 38,900oz of Au, 745,900oz Ag and 650t of Co was defined on Orion in December 2025. • At Orion there are four strong off-hole conductors identified with two Orion offset targets, and off-hole conductors. Money Intrusion - Ni-Cu-PGE (Teck Earn-In) • Mangaroon hosts the fertile Ni-Cu-Co-PGE along the >45km long Money Intrusion. • Dreadnought has partnered with Teck Resources, a leading Canadian resource company, to advance exploration over the Money Intrusion to provide shareholders with exposure to significant nickel and copper potential. • Teck Resources has committed to a $15m (with a minimum spend of $1m) Farm-in and Joint Venture agreement to earn up to 75% of the Money Intrusion tenements. Corporate Highlights to 30 June 2026 Capital raisings • In October 2025, the Company completed a placement at $0.035 per share to institutional and sophisticated investors raising $18,000,000 (before costs). On 16 October 2025, the Company issued 514,285,713 shares relating to the placement. • In addition, the directors contributed a further $610,000 (17,428,580 shares) to the placement, which was approved by shareholders at the annual general meeting. This brings the total investment by directors to $7.9m. Other share issues • 2,612,500 ordinary shares were issued in respect of the exercise of Employee Performance Rights associated with service conditions on 8 December 2025. • 13,475,000 ordinary shares were issued in respect of the exercise of Employee Performance Rights associated with appreciation of the weighted average share price of the Company on 8 December 2025. • 15,100,000 ordinary shares were issued in respect of the exercise of Employee Performance Rights associated with contractual arrangements for production from the Star of Mangaroon on 8 December 2025. • 23,207 ordinary shares were issued upon the exercise of options at $0.075 per share on 8 December 2025. • 92,642 ordinary shares were issued upon the exercise of options at $0.075 per share on 31 March 2026. • 82,682,358 ordinary shares were issued to Kingfisher Mining Limited at $0.024 per share on 31 March 2026. 41,341,179 of these shares are subject to a voluntary 12-month escrow until 31 March 2027. Performance rights granted On 5 December 2025, the Company issued 12,500,000 Performance Rights to a director and 41,400,000 to employees. These were divided into four equal tranches subject to the following vesting conditions: • Class L: The Volume Weighted Average Price ("VWAP") of the Company's shares being at least $0.025 for 30 trading days before 31 December 2026. • Class M: The VWAP of the Company's shares being at least $0.035 for 30 trading days before 31 December 2027. • Class N: Delivery of a 500,000oz gold JORC Resource with a cut-off of at least 0.5g/t Au or equivalent by 31 December 2027. • Class O: Delivery of a 1,000,000oz gold JORC Resource with a cut-off of at least 0.5g/t Au or equivalent by 31 December 2028. On 16 February 2026 8,400,000 Performance Rights were issued to a new employee as the incentive component of his remuneration. These were divided into four equal tranches subject to the following vesting conditions: • Class N & Class O: Vesting conditions as previously described above. • Class P: Completion of 12 months continued service from the date of commencement of service. • Class Q: Completion of 24 months continued service from the date of commencement of service. Directors’ report Annual Report 2026 4 dreadnoughtresources.com.au Tenement acquisitions On 2 March 2026 Dreadnought entered into a Binding Heads of Agreement with Kingfisher Mining Limited to acquire 12 tenements in the Gascoyne as a critical metal’s consolidation opportunity. The tenements also have strong gold, tungsten and copper potential. The $2,000,000 consideration was payable by issuing 82,682,358 ordinary DRE shares with 50% of those being subject to a 12-month escrow. There are also performance milestone cash payments upon announcing an Inferred Resource of >10 Mt @ 1% TREO ($500,000) and > 20 Mt @ 1 % TREO ($1,000,000). Completion occurred on 31 March 2026. Other The Company received a Research & Development (“R&D”) rebate of ~$278k on 18 November 2025 in respect of the year ended 30 June 2025. The rebate relates to continued metallurgical research and development studies on concentrates from Yin and Gifford Creek that are key to understanding the optimal extraction route into intermediate products and the development of a machine learning model to classify complex geological terrains. Future developments, prospects and business strategy The Group is focused on delivering significant shareholder returns through its current exploration and evaluation activities to discover economic mineral deposits in the Tier 1 jurisdiction of Western Australia. The Group will ultimately achieve these goals by delivering on the key objectives of our strategy: 1. Get the Star of Mangaroon into production to generate cash flow, followed closely by Metzke’s Find. 2. Find more gold, faster by making major life changing discoveries on 100% owned ground. 3. Maintain critical metals optionality. Matters subsequent to the end of the financial year There has not arisen in the interval between 1 July 2026 and the date of this report any item, transaction, or event of a material and unusual nature likely, in the opinion of the directors, to significantly affect the operations of the consolidated entity, the results of those operations, or the state of affairs of the consolidated entity, in future years. Environmental regulation The Group’s Environmental Management System includes identifying and assessing environmental impacts, setting environmental objectives and targets, and implementing strategies to reduce the impact on the environment. The operations of the Group are subject to environmental regulations under both Commonwealth and State legislation in Australia. In the mining industry, many activities are regulated by environmental laws. Operations are conducted under the necessary Commonwealth and State Licences and Works Approvals. The Group considers it has complied with all relevant environmental obligations. The Group does not have any material climate-related financial risks or opportunities. The Group falls outside of the scope of the mandatory sustainability reporting required and is not required to prepare a sustainability report. This assessment will be reviewed annually to ensure ongoing compliance. Social responsibility The Group strives to contribute to the social and economic wellbeing of the communities in which it operates by identifying opportunities that create shared value and economic benefit with our local communities including, where possible, maximising local procurement, employment, and training opportunities. We place as much emphasis on our behaviour as we do on our results. We provide a healthy, safe, and inclusive workplace through collective leadership. The status of the Group’s position on gender and culture is shown in the tables below, with acceptable ratios maintained. Gender diversity Category 2026 2025 Male Female Male Female Key Management Personnel* 3 2 3 2 Other senior management 3 1 2 1 Other employees - 2 - 3 Total 6 5 5 6 Overall % 55% 45% 45% 55% Cultural Diversity Category 2026 2025 Australian International** Australian International** Key Management Personnel* 3 2 3 2 Other senior management 1 3 - 3 Other employees 1 1 2 1 Total 5 6 5 6 Overall % 45% 55% 45% 55% * Key Management Personnel includes the joint company secretary, contracted via Occam Corporate Pty Ltd. ** International refers to cultural background rather than citizenship and includes United States, Africa, United Kingdom, New Zealand, and Philippines. Directors’ report Annual Report 2026 5 dreadnoughtresources.com.au Governance: compliance statement This report contains information extracted from reports available to view on the website www.dreadnoughtresources.com.au. In relying on the below ASX announcements and pursuant to ASX Listing Rule 5.23.2, the Company confirms that it is not aware of any new information or data that materially affects the information included in the below announcements or this Annual Report for the period ended 30 June 2026. ASX Listing Rules Compliance In preparing the Annual Report for the period ended 30 June 2026, the Company has relied on the following ASX announcements: ASX Announcement 07/09/2026 Gold and Tungsten-in-soil anomalies at Borda, Mangaroon Gold ASX Announcement 03/09/2026 Webinar Invitation to Shareholders ASX Announcement 02/09/2026 Air Core Drilling Commenced at Black Oak, Illaara Gold ASX Announcement 31/08/2026 Yin Rare Earth Mining Lease Application, Gifford Creek ASX Announcement 19/08/2026 Multiple Gold-in-Soil Anomalies within High Range, Mangaroon Gold ASX Announcement 17/08/2026 High-Grade Tungsten Opportunity Across Mangaroon ASX Announcement 12/08/2026 15km Gold-in-Soil Anomaly along Minga Bar, Mangaroon Gold ASX Announcement 10/08/2026 Significant Bedrock Anomalism at Black Oak and CRA Homestead. Illaara Gold ASX Announcement 27/07/2026 Quarterly Cash Flow and Activities Reports – June 2026 ASX Announcement 20/07/2026 12 Mineralised Corridors Identified and Growing, Illaara Gold ASX Announcement 13/07/2026 RC and Diamond Drilling Commenced at Metzke’s Find, Illaara Gold ASX Announcement 23/06/2026 94% Increase in High-Grade Indicated Resource Metzke’s Find, Illaara Gold ASX Announcement 22/06/2026 7km Strike Anomaly Identified and Growing, Illaara Gold ASX Announcement 15/06/2026 Notification of cessation of securities ASX Announcement 15/06/2026 Three 2km Strike and Growing Anomalies at Illaara Gold ASX Announcement 03/06/2026 Metzke’s North Discovery, Illaara Gold ASX Announcement 25/05/2026 Metzke’s Find Mining Lease Granted, Illaara Gold ASX Announcement 14/05/2026 Divestment of Mid-West Option ASX Announcement 06/05/2026 Target Definition Work Underway at Mangaroon Gold ASX Announcement 05/05/2026 High-Grade Extensions incl. 7m@49.9g/t Au, Illaara Gold ASX Announcement 04/05/2026 Exceptional Gold Recoveries from Metzke’s Find, Illaara Gold ASX Announcement 29/04/2026 Webinar Invitation to Shareholders ASX Announcement 29/04/2026 Cleansing Statement ASX Announcement 28/04/2026 RC Drilling Completed at Metzke’s Find, Illaara Gold ASX Announcement 27/04/2026 Quarterly Cash Flow and Activities Reports – March 2026 ASX Announcement 23/04/2026 Star of Mangaroon Key Approval Paves the Way for Development, Mangaroon Gold ASX Announcement 13/04/2026 Stinger Continues to Deliver High-Grade Critical Metals, Gifford Creek ASX Announcement 31/03/2026 KFM: Completion of Gascoyne REE Project Divestment ASX Announcement 31/03/2026 DRE: Completion of Strategic Acquisition at Mangaroon, Gifford Creek ASX Announcement 31/03/2026 Application of quotation of Securities & Cleansing Notice ASX Announcement 12/03/2026 Half Yearly Report and Accounts – 31 December 2025 ASX Announcement 10/03/2026 RC Drilling Commenced at Metzke’s Find, Illaara Gold ASX Announcement 04/03/2026 Notification of cessation of securities ASX Announcement 04/03/2026 Air Core Drilling Commenced at Illaara Gold ASX Announcement 02/03/2026 Proposed issue of securities ASX Announcement 02/03/2026 DRE: Critical Metals Consolidation, Gifford Creek ASX Announcement 02/03/2026 KFM: Kingfisher to Divest Gascoyne REE Project to Dreadnought ASX Announcement 24/02/2026 New Camp Scale Prospect at Mangaroon Gold ASX Announcement 16/02/2026 Notification regarding unquoted securities ASX Announcement 13/02/2026 Proposed issue of securities ASX Announcement 11/02/2026 Webinar Invitation to Shareholders ASX Announcement 09/02/2026 High Grade Gold Upgrades, Mangaroon Gold ASX Announcement 03/02/2026 High-Grade Infill & Extensional Drilling, Illaara Gold ASX Announcement 19/01/2026 Quarterly Cash Flow and Activities Reports – December 2025 ASX Announcement 02/01/2026 Notification of cessation of securities & Change of Director’s Interest Notice ASX Announcement 16/12/2025 Notification of cessation of securities & Change of Director’s Interest Notice ASX Announcement 15/12/2025 Change of Director’s Interest Notice x 3 ASX Announcement 15/12/2025 Application of quotation of Securities & Cleansing Notice ASX Announcement 15/12/2025 Initial Orion Cu-Au-Ag-Co Resource, Tarraji-Yampi ASX Announcement 11/12/2025 Stinger Continues to Deliver High Grade Critical Metals, Gifford Creek ASX Announcement 09/12/2025 Application of quotation of Securities x 2 ASX Announcement 08/12/2025 Notification regarding unquoted securities & Change in Director’s Interest Notice ASX Announcement 03/12/2025 Notification regarding unquoted securities & Change in Director’s Interest Notice ASX Announcement 02/12/2025 DRE: Turn-key Funding, Development, Haulage and Processing, Mangaroon Gold ASX Announcement 02/12/2025 BC8: Black Cat enters JV to mine Star of Mangaroon, Mangaroon Gold ASX Announcement 01/12/2025 Change in substantial holding ASX Announcement 28/11/2025 Results of Annual General Meeting ASX Announcement 28/11/2025 AGM Presentation and Chair’s Address to Shareholders ASX Announcement 24/11/2025 Thick, Near Surface Gold Intercepts form Cullens Find ASX Announcement 12/11/2025 Drilling Commenced at Metzke’s Find, Illaara Gold ASX Announcement 10/11/2025 Encouragement from Early-Stage Drilling at Steve’s Reward Directors’ report Annual Report 2026 6 dreadnoughtresources.com.au ASX Announcement 07/11/2025 Change in substantial holding ASX Announcement 04/11/2025 Mangaroon Gold and REE/Niobium RC Drilling Complete ASX Announcement 29/10/2025 Upgraded Study for Star of Mangaroon, Mangaroon Gold ASX Announcement 29/10/2025 Notice of Annual General Meeting/Proxy Form ASX Announcement 23/10/2025 Webinar Invitation to Shareholders ASX Announcement 23/10/2025 Quarterly Cash Flow and Activities Reports – September 2025 ASX Announcement 20/10/2025 Rare Earth/Niobium Drilling to Commence, Gifford Creek ASX Announcement 16/10/2025 Becoming a substantial holder ASX Announcement 16/10/2025 Application of quotation of Securities & Cleansing Notice ASX Announcement 15/10/2025 Promising Structures at Mangaroon Gold ASX Announcement 10/10/2025 Notification of cessation of securities & Proposed issue of securities x 2 ASX Announcement 10/10/2025 Successful $18m Capital Raising. Finding More Gold, Faster ASX Announcement 08/10/2025 Trading Halt ASX Announcement 07/10/2025 Steves Reward Drilling Update, Mangaroon Gold ASX Announcement 03/10/2025 Option to Acquire Strategic Landholding in Mid-West ASX Announcement 29/09/2025 Fresh Rare Earth Surprise – 140m @ 0.9% TREO from Stinger, Gifford Creek ASX Announcement 24/09/2025 36% Increase in High-Grade M&I Resource – Star of Mangaroon, Mangaroon Gold ASX Announcement 15/09/2025 Drilling Resumes, Mangaroon Gold ASX Announcement 12/09/2025 Appendix 4G and 2025 Corporate Governance Statement ASX Announcement 12/09/2025 Annual Report to Shareholders – 30 June 2025 ASX Announcement 08/09/2025 Star of Mangaroon Daylights with 15m@20.5g/t Au from Surface, Mangaroon Gold ASX Announcement 02/09/2025 Change of Director’s Interest Notice x 2 ASX Announcement 01/09/2025 Notification regarding unquoted securities ASX Announcement 01/09/2025 Star of Mangaroon Shines Gold Including 7m @ 46.7 g/t Au, Mangaroon Gold ASX Announcement 25/08/2025 Shallow, Thick, High-Grades at Mangaroon incl 8m@16.2 g/t Au, Mangaroon Gold ASX Announcement 18/08/2025 Gold and Critical Metal Drilling Complete, Mangaroon (100%) ASX Announcement 30/07/2025 Completion of Unmarketable Parcel Sale Facility ASX Announcement 25/07/2025 Noosa Mining Conference Presentation ASX Announcement 24/07/2025 Shallow Gold in First Drilling at Steves Reward, Mangaroon Gold ASX Announcement 23/07/2025 Webinar Invitation to Shareholders ASX Announcement 22/07/2025 Strong Gold Anomaly at Steves Reward, Mangaroon Gold ASX Announcement 17/07/2025 Quarterly Cashflow Report and Quarterly activities Report – June 2025 ASX Announcement 16/07/2025 Notification of cessation of securities ASX Announcement 07/07/2025 Critical Metals Update – Gifford Creek Carbonatites Directors’ report Annual Report 2026 7 dreadnoughtresources.com.au Information on directors Directors have been in office for the entire period unless otherwise stated. Paul Chapman Independent Non-Executive Chairman B.Comm, CA, Grad. Dip. Tax, MAICD, MAusIMM. Appointed 9 April 2019. Experience and expertise Mr Chapman is a company director with over 40 years’ experience in the resource sector. Mr Chapman has held senior management roles across a range of commodity businesses and public companies in Australia and the USA. Mr Chapman was a founding director and shareholder of Sunshine Metals, Reliance Mining, Encounter Resources, Rex Minerals, Silver Lake Resources, Black Cat Syndicate and Dreadnought Resources. Interests held 343,451,853 ordinary shares 9,708,774 options Current external appointments Non-executive chairman of Meeka Metals Limited (ASX:MEK) (since May 2022). Non-executive chairman of Black Cat Syndicate Limited (ASX:BC8) (since Aug 2017). Former directorships in the last 3 years Resigned as non-executive director of Encounter Resources Limited (ASX:ENR) on 24 November 2023. Resigned as non-executive director of Sunshine Metals Limited (ASX:SHN) on 31 October 2025. Dean Tuck Managing Director B.Sc (Hons), FGAA, MAIG. Appointed 9 April 2019. Experience and expertise Mr Tuck is an experienced geologist and exploration manager having worked across a wide range of commodities in Australia, Brazil and Southeast Asia from project generation through to resource evaluation. He has held senior level positions at BHP Billiton and ASX listed junior explorers. Mr Tuck has been instrumental in several discoveries including the Strickland gold, Malinda and Malinda LCT pegmatites and Wonmunna iron ore. Mr Tuck is a non-executive member of the JORC Committee. Interests held 53,226,589 ordinary shares 23,125,000 performance rights Current external appointments None. Former directorships in the last 3 years None. Philip Crutchfield Non-Executive Director B. Comm, LLB (Hons), LL.M LSE. Appointed 13 September 2022. Experience and expertise Mr Crutchfield is a senior barrister specialising in commercial law and is also a long-standing and large shareholder in Dreadnought. Interests held 152,584,367 ordinary shares 8,899,068 options Current external appointments Non-executive director of Hamelin Gold Limited (ASX:HMG) (since 31 Aug 2021). Non-executive director of Encounter Resources Limited (ASX:ENR) (since 9 Oct 2019). Former directorships in the last 3 years Resigned as non-executive director of Applyflow Limited (ASX:AFW) on 31 July 2023. Joint company secretaries Jessamyn Lyons BComm, AGIA ICSA. Appointed 1 July 2020. Experience and expertise Ms Lyons is a Chartered Secretary, a Fellow of the Governance Institute of Australia and holds a Bachelor of Commerce from the University of Western Australia with majors in Investment Finance, Corporate Finance and Marketing. Ms Lyons also has 15 years of experience working in the stockbroking and banking industries and has held various positions with Macquarie Bank, UBS Investment Bank (London) and more recently Patersons Securities (now Canaccord Genuity). She is contracted via Occam Corporate Pty Ltd. Debra Fullarton CA, AGIA, GAICD. Appointed 13 February 2025. Experience and expertise Mrs Fullarton is a Chartered Accountant, an Associate of the Governance Institute of Australia, a Graduate of the Australian Institute of Company Directors and holds an Honours Bachelor of Accounting Science Degree from the University of South Africa. Mrs Fullarton has held several senior financial, executive, and board positions in Australia over the past 25 years. Directors’ report Annual Report 2026 8 dreadnoughtresources.com.au Meetings of directors The numbers of meetings of the Company's Board held during the year ended 30 June 2026, and the numbers of meetings attended by each director were as follows: Director Meetings of Directors A B P Chapman 8 8 D Tuck 8 8 P Crutchfield 8 8 A = number