Ongoing Capital Raising Orion Minerals Limited Incorporated in the Commonwealth of Australia Australian Company Number 098 939 274 ASX share code: ORN JSE share code: ORN ISIN: AU000000ORN1 Ongoing Capital Raising Orion Minerals Limited (ASX/JSE: ORN) (Orion or the Company) refers to its announcement on 30 September 2025 regarding a capital raising being undertaken by the Company to raise A$5 million (~ZAR57) million (with the ability to accept additional subscriptions) via a placement to sophisticated and professional investors and Orion Chairman, Denis Waddell (Placement). Orion confirms that it is continuing to conduct the Placement as described in the announcement yesterday and currently expects to release an announcement regarding the results of the Placement on Thursday, 2 October 2025, at which time trading in Orion shares is expected to resume. For and on behalf of the Board. Denis Waddell Chairman 1 October 2025 ENQUIRIES Investors Media JSE Sponsor Anthony Lennox – Managing Director & CEO Nicholas Read Monique Martinez Denis Waddell – Chairman Read Corporate, Australia Merchantec Capital T: +61 (0) 3 8080 7170 T: +61 (0) 419 929 046 T: +27 (0) 11 325 6363 E: info@orionminerals.com.au E: nicholas@readcorporate.com.au E: monique.martinez@merchantec.com Date: 01-10-2025 09:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.