Announcement PDF Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Announcement Summary Entity name WIDGIE NICKEL LIMITED Date of this announcement Wednesday May 15, 2024 The +securities the subject of this notification are: +Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX Total number of +securities to be issued/transferred ASX +security code Security description New class - code to be confirmed Unlisted Option expiring 31 May 2028 exercisable at $0.04 Total number of +securities to be issued/transferred Issue date 9,369,792 15/05/2024 Refer to next page for full details of the announcement Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 1/7 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Part 1 - Entity and announcement details 1.1 Name of entity WIDGIE NICKEL LIMITED We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities. 1.2 Registered number type Registration number ACN 648687094 1.3 ASX issuer code WIN 1.4 The announcement is New announcement 1.5 Date of this announcement 15/5/2024 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 2/7 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Part 2 - Issue details 2.1 The +securities the subject of this notification are: +Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX 2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which: does not have an existing ASX security code ("new class") Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 3/7 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Part 3C - number and type of +securities the subject of this notification (new class) ASX +security code +Security description New class - code to be confirmed Unlisted Option expiring 31 May 2028 exercisable at $0.04 +Security type ISIN code Options Date the +securities the subject of this notification were issued 15/5/2024 Will all the +securities issued in this class rank equally in all respects from their issue date? Yes Were any of the +securities issued to +key management personnel (KMP) or an +associate? Yes Provide details of the KMP or +associates being issued +securities. Name of KMP Name of registered holder Number of +securities Graeme Scott Andrew Graeme Scott 3,645,833 Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1? Yes Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. Salary Foregone Options: https://www.widgienickel.com.au/site/pdf/e625c020-5ee9-4d80-b93d-c6f1129e9e83/Nonrenounceable-Rights-Issue-to-Ra ise-up-to-4m.pdf Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.04000000 31/5/2028 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option WIN : ORDINARY FULLY PAID Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms https://www.widgienickel.com.au/site/pdf/17a43020-b1ab-467b-bed6-5204295e1873/Notice-of-AGM-and-Proxy-8-Novem ber-2023.pdf Any other information the entity wishes to provide about the +securities the subject of this notification Salary Foregone Options issued to employees following agreement to reduced salaries for the next 12 months Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 4/7 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Issue details Number of +securities 9,369,792 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 5/7 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Part 4 - +Securities on issue Following the issue, conversion or payment up of the +securities the subject of this notification, the +securities of the entity will comprise: 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. 4.1 Quoted +securities (Total number of each +class of +securities issued and quoted on ASX) ASX +security code and description Total number of +securities on issue WINN : ORDINARY FULLY PAID DEFERRED 99,998,340 WIN : ORDINARY FULLY PAID 297,945,053 4.2 Unquoted +securities (Total number of each +class of +securities issued but not quoted on ASX) ASX +security code and description Total number of +securities on issue WINAD : OPTION EXPIRING 22-SEP-2024 EX $0.40 4,850,000 WINAV : OPTION EXPIRING 31-OCT-2025 DEFERRED 49,999,170 WINAB : OPTION EXPIRING 22-SEP-2024 EX $0.20 2,700,000 WINAC : OPTION EXPIRING 22-SEP-2024 EX $0.30 2,500,000 WINAR : OPTION EXPIRING 30-OCT-2027 EX $0.23 414,668 WINAS : OPTION EXPIRING 30-OCT-2028 EX $0.29 414,666 WINAT : OPTION EXPIRING 30-OCT-2029 EX $0.35 414,666 WINAQ : PERFORMANCE RIGHTS WINAO : OPTION EXPIRING 22-SEP-2024 EX $0.35 New class - code to be confirmed : Unlisted Option expiring 31 May 2028 exercisable at $0.04 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 1,649,000 350,000 9,369,792 6/7 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Part 5 - Other Listing Rule requirements 5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? Yes 5.1a Select the number of the applicable exception in Listing Rule 7.2 13 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 7/7