Announcement PDF 1 ASX Announcement ASX:WIN ABN 77 648 687 094 Level 4, 220 St Georges Tce Perth, WA 6000 PO BOX 7713 Cloisters Square WA 6850 T: +61 8 6381 7250 F: +61 8 6381 7299 info@winmetals.com.au www.winmetals.com.au ASX:WIN 4 May 2026 RADIO DELIVERS BONANZA GOLD GRADES High-grade - 334g/t Au from underground sampling and drill results de- risk mine plan Key outcomes from the programme include: • 0.4 m @ 334 g/t Au and 0.3 m @ 314 g/t Au, outside the mine plan, highlighting upside potential and highlights “drill for structure, develop for grade” • High-grade gold mineralisation confirmed within and outside planned underground and open pit mining areas, supporting the current mine plan • Support a near-term development opportunity, with a development decision targeted for this financial year, subject to completion of studies, financing and all necessary approvals Key underground sampling results include: • 0.4 m @ 334 g/t Au • 0.3 m @ 314 g/t Au Key drilling results include: • 3 m @ 19.51 g/t Au • 2 m @ 16.01 g/t Au • 1 m @ 23.40 g/t Au • 3 m @ 6.66 g/t Au • 1 m @ 11.09 g/t Au • 2 m @ 5.25 g/t Au WIN Metals Ltd (ASX: WIN) (“WIN” or “the Company”) is pleased to report initial assay results from its 2026 drilling and underground sampling programs at the Company’s 100%-owned Radio Gold Project, located 38 km north of Southern Cross in Western Australia. The programs were designed to support mine planning at Radio and Repeater. Results have confirmed high‑grade gold mineralisation within proposed underground and open pit mining areas, increasing confidence in the current mine plan. Significant intersections from the program include 2 m @ 16.01 g/t Au at Radio and 3 m @ 19.51 g/t Au at the margin of the planned Repeater open pit. Underground sampling from recently developed workings accessed via the existing decline has returned exceptionally high grades of up to 334 g/t Au. These results occur outside the current resource envelope and mine design, highlighting the high-grade nature of the mineralisation and indicating potential upside beyond the current development plan. RADIO DELIVERS BONANZA GOLD GRADES 4 May 2026 2 ABN 77 648 687 094 Level 4, 220 St Georges Tce Perth, WA 6000 PO BOX 7713 Cloisters Square WA 6850 T: +61 8 6381 7250 F: +61 8 6381 7299 info@winmetals.com.au www.winmetals.com.au ASX:WIN With development targeted for 2026, subject to a final investment decision and receipt of all necessary approvals, these results increase geological confidence in areas targeted in the current mine plan and reinforce the potential for a near‑term production opportunity. Managing Director and CEO, Mr Steve Norregaard commented: “These results from our 2026 drilling and underground sampling programs confirm the high-grade nature of the Radio asset. Confirmation of high-grade mineralisation within the planned underground mining areas significantly increases confidence in the current mine plan, while exceptional grades returned outside the existing design highlight clear potential upside. It just cements the age-old adage of “drill for structure, develop for grade”. This work is improving our understanding of the mineralisation and advancing the project toward a development decision. In parallel, the acquisitions of the Princess Royal and Stumpy Doodle gold mines expand the broader Radio gold portfolio. These high-grade, strategically located projects introduce additional development optionality, with potential to deliver economically attractive ounces within trucking distance of Radio. Overall, Radio and its surrounding satellite assets represent a compelling near term production opportunity for WIN. Next Steps: • Remaining assay results from Radio Central and from drilling beneath the Repeater open pit are expected in the coming weeks • Updated Mineral Resource Estimate • Progress permitting and approvals for underground and open pit mining • Finalise financial modelling for processing options • Final investment decision to commence operations Drill Results Radio: Drilling has confirmed high‑grade mineralisation within planned stoping areas and identified additional zones outside the current mine design. Results including 1 m @ 23.40 g/t Au (26RDRC026) and 3 m @ 6.66 g/t Au (26RDRC028) confirm high-grade mineralisation within the proposed underground mining areas. In addition, drilling has identified mineralisation outside the mine design, with 2 m @ 16.01 g/t Au (26RDRC029) and 1 m @ 11.09 g/t Au (26RDRC027), as shown in Figure 1 below. These zones represent potential upside to the current mine design and will be assessed in future mine planning. RADIO DELIVERS BONANZA GOLD GRADES 4 May 2026 3 ABN 77 648 687 094 Level 4, 220 St Georges Tce Perth, WA 6000 PO BOX 7713 Cloisters Square WA 6850 T: +61 8 6381 7250 F: +61 8 6381 7299 info@winmetals.com.au www.winmetals.com.au ASX:WIN Figure 1: Radio significant drill results against proposed mine design looking west (left) and radio mine design looking west (right) Drill Results Repeater: The first tranche of results from the Repeater drilling program comprises targeted and infill drilling immediately north of the proposed open pit, previously inaccessible. The program has returned encouraging results along the northern margin of the proposed open pit, including 3 m @ 19.51 g/t Au (26RDRC002), and has also identified additional mineralisation north of the proposed pit, with results of 2 m @ 5.25 g/t Au (26RDRC015) and a shallow intercept of 3 m @ 1.73 g/t Au from 14 m (26RDRC006), as shown in Figure 2. These zones present potential upside and will be assessed as part of ongoing mine planning. Figure 2: Repeater drill results (left, looking west), (right) open pit mine design) and plan view. RADIO DELIVERS BONANZA GOLD GRADES 4 May 2026 4 ABN 77 648 687 094 Level 4, 220 St Georges Tce Perth, WA 6000 PO BOX 7713 Cloisters Square WA 6850 T: +61 8 6381 7250 F: +61 8 6381 7299 info@winmetals.com.au www.winmetals.com.au ASX:WIN Underground Sampling: Underground sampling has confirmed the presence of extremely highgrade shoots on the 1315 level at Radio, with face and point samples returning up to 334 g/t Au and 314 g/t Au from laminated quartz veins. Most importantly the high-grade samples were taken from the current ore drive development face. A total of 46 underground samples were collected, providing a robust dataset that confirms the nuggety nature of the mineralisation with these results located outside the current resource envelope and mine design. Figure 3: 1315 East lode north ore drive face sample – outside the current mining plan RADIO DELIVERS BONANZA GOLD GRADES 4 May 2026 5 ABN 77 648 687 094 Level 4, 220 St Georges Tce Perth, WA 6000 PO BOX 7713 Cloisters Square WA 6850 T: +61 8 6381 7250 F: +61 8 6381 7299 info@winmetals.com.au www.winmetals.com.au ASX:WIN Figure 4: Face samples from 1315 East lode north ore drive outside the conceptual mine plan in gold (left), Radio UG design looking west (right) A key takeaway is that drilling reliably defines the quartz vein structure, but individual assay grades can vary significantly due to the nuggety character of the gold. At Radio, a drill hole intersecting quartz vein with a modest gold grade of >0.2 g/t Au may sit only a metre away from material capable of returning exceptionally high grades in excess of +300 g/t Au, as demonstrated in the 1315 East Lode North ore drive face shown in Figure 3, which is consistent with the mining rationale for some nuggety gold deposits: “drill for structure, develop for grade.” Mine Design: Underground and open pit mine designs have been completed and have now been incorporated into a detailed mining schedule to support evaluation of milling options available to the Company. Figure 5 shows the 2026 underground mine design for Radio and the open pit design for Repeater (in brown), the existing decline and box cut development (in grey), and the updated mineralisation model from the 2026 MRE update. RADIO DELIVERS BONANZA GOLD GRADES 4 May 2026 6 ABN 77 648 687 094 Level 4, 220 St Georges Tce Perth, WA 6000 PO BOX 7713 Cloisters Square WA 6850 T: +61 8 6381 7250 F: +61 8 6381 7299 info@winmetals.com.au www.winmetals.com.au ASX:WIN Figure 5: Mine designs and mineralisation looking west Mine Development, Processing and Permitting: The Company has made strong progress across mine development studies, including the advancement of underground and open pit designs, production schedules, and a supporting cost model to inform redevelopment decisions. Evaluation of optimal processing pathways is ongoing, with options under consideration including third-party toll treatment, ore sale to third parties and a standalone owner-operated processing facility. As part of this assessment, the Company is evaluating the potential construction of a fit-for-purpose processing facility at Radio, leveraging previously sunk capital associated with historical on-site mill infrastructure. Three processing configurations have been assessed at a nominal throughput rate of 100,000 tonnes per annum: a) Batch processing (gravity and leaching) b) Continuous processing (gravity only) c) Continuous processing (gravity and leaching) A preferred processing option has been identified, with detailed engineering design and cost estimation nearing completion, after which the Company will undertake a comprehensive financial comparison of third‑party processing versus a standalone WIN owner‑operated facility to determine the optimal value outcome for shareholders. Permitting activities required under updated legislative frameworks are well advanced for the proposed mining operations. In parallel, the Company is progressing baseline studies and data collection to support potential on-site processing and tailings storage, should this pathway be selected. RADIO DELIVERS BONANZA GOLD GRADES 4 May 2026 7 ABN 77 648 687 094 Level 4, 220 St Georges Tce Perth, WA 6000 PO BOX 7713 Cloisters Square WA 6850 T: +61 8 6381 7250 F: +61 8 6381 7299 info@winmetals.com.au www.winmetals.com.au ASX:WIN The Company currently expects, subject to completion of detailed engineering and cost review, to advise the market of its preferred processing option within the coming weeks. Location and Project History The Radio Gold Project is situated within the Shire of Yilgarn in Western Australia, approximately 8km north of Bullfinch and 38 km north of Southern Cross in the Eastern Goldfields region of Western Australia. The site is accessed via the Mt Jackson Road, providing direct entry to the Project area. Figure 6: Location of Radio Gold Project Gold mining at the Radio Gold Project commenced in 1918, with approximately 71,000 ounces produced at an average head grade of 38 g/t Au between 1918 and 1974. Underground operation was re‑established in 2018 using the existing shaft, followed by development of a newsurface portal and 330metres of decline to the historicsecond level to enable mechanised mining. A shallow open pit to 25 metres depth was also completed however, most near surface mineralisation remains unmined,providing potential for future low-cost open pit production alongside underground targets. Historic production records for Repeater, Radio South and Green Harp are limited. Mining at Repeater has been confined to a very shallow open pit (<5 m) and minor underground development, while Radio South and Green Harp have been exploited via underground workings. Recent drilling at RADIO DELIVERS BONANZA GOLD GRADES 4 May 2026 8 ABN 77 648 687 094 Level 4, 220 St Georges Tce Perth, WA 6000 PO BOX 7713 Cloisters Square WA 6850 T: +61 8 6381 7250 F: +61 8 6381 7299 info@winmetals.com.au www.winmetals.com.au ASX:WIN Radio South has defined theextent of historical stoping,and historicmineplans for Green Harp have been sourced to support ongoing geological and mining studies. The Radio mine site remains intact and dewatered, with all necessary underground infrastructure in place, ideally positioning the Project for a potential rapid restart. Regional Geology The regional geology of the Radio Gold Project is defined by its position on the eastern margin of the Archean Southern Cross Greenstone Belt, within the central Yilgarn Craton of Western Australia. The Southern Cross Belt is an elongated, north-northwest trending sequence of predominantly mafic to ultramafic volcanic rocks, interlayered with banded iron formation (BIF) and minor sediments, intruded by voluminous granitoid domes such as the Ghooli Dome. The greenstone succession is highly deformed, manifesting major folding, faulting, and shearing, and is metamorphosed primarily to amphibolite facies near the granite boundaries, with lower greenschist facies preserved in the belt core. The structural architecture of the region is dominated by major north to northwest trending axes and ovoid granitoid intrusions, resulting in complex dome-and-keel geometries. Gold mineralisation in the province is typically structurally controlled, associated with late stage transpressional shear zones and contacts between greenstones and granitoids. The Radio Gold Project lies at a key geological interface between sheared greenstones and the Ghooli granitoid, a setting recognised as highly prospective for high-grade, vein-hosted orogenic gold deposits. Local Geology The local geology of the Radio Gold Project is defined by its position along the eastern margin of the Archean Southern Cross Greenstone Belt, near the triple junction of three granite bodies. The immediate mine area comprises six steeply dipping, northwest-trending tectono-stratigraphic units. The northeastern part of the tenement is underlain by sub-cropping granite containing rafts of banded iron formation (BIF) and ultramafic–mafic schists. Adjacent to this granite is a 500–1,500 m wide zone of strongly foliated amphibolite interlayered with BIF, ultramafic rocks and rare sediments. The Radio Gold Mine itself is developed within the Ghooli granite dome, with quartz lodes extending west from the main granite body. Granitic rocks at Radio display strong S2–S3 fabrics, indicative of syn to late-tectonic granite emplacement related to regional folding and faulting. The central part of the mine sequence is dominated by a 5km wide,northwest trending greenstone package of tholeiitic basalt and minor dolerite dykes, generally lacking pervasive foliation. BIFs within the greenstone sequence mark key stratigraphic horizons and are commonly associated with mafic and ultramafic schists in the southwest part of the project. Quartz lodes hosting gold mineralisation (Main and East lodes) exploit faulted granite contacts and adjacent amphibolite or sericite–kaolinite–chlorite–pyrite-altered granites. Geological Interpretation Gold mineralisation at Radio is localised within two narrow high-grade quartz lodes, the Main (Footwall) Lode and the East (Hanging wall) Lode hosted by sheared granite along the greenstone belt margin. These subparallel lodes strike northeast and dip 30–60° east southeast, with continuity mapped for 130 m underground and up to 700 m at surface. The lodes comprise laminated to massive quartz veins within sericite altered granitic gneiss, typically 0.2–1 m wide, with localised RADIO DELIVERS BONANZA GOLD GRADES 4 May 2026 9 ABN 77 648 687 094 Level 4, 220 St Georges Tce Perth, WA 6000 PO BOX 7713 Cloisters Square WA 6850 T: +61 8 6381 7250 F: +61 8 6381 7299 info@winmetals.com.au www.winmetals.com.au ASX:WIN thickening in dilation zones. The vein system forms en-echelon arrays and stacked mineralised shoots (100–300 m in length), commonly pitching obliquely to the main lode trend—reflecting a structurally complex, brittle–ductile shear system. Gold occurs predominantly as coarse, free gold, with accessory pyrite, galena and arsenopyrite, consistent with an orogenic quartz vein style. Three primary mineralised zones have been delineated at the Radio Gold Project: • Radio – The central and most developed zone of mineralisation comprising two closely spaced subparallel en-echelon lodes (Main and East lodes) positioned approximately 1 – 5 m apart. These lodes represent the core of historical production and remain the principal focus for ongoing resource definition. Figure 7: Section of Radio Main and East lodes looking north east • Radio Repeater – Located immediately north of Radio Main, this zone is interpreted as a geological continuation of the Radio mineralised system with three stacked en-echelon lodes defined It is separated from the central zone by a mafic intrusive unit that forms a barren structural partition between the two mineralised corridors. RADIO DELIVERS BONANZA GOLD GRADES 4 May 2026 10 ABN 77 648 687 094 Level 4, 220 St Georges Tce Perth, WA 6000 PO BOX 7713 Cloisters Square WA 6850 T: +61 8 6381 7250 F: +61 8 6381 7299 info@winmetals.com.au www.winmetals.com.au ASX:WIN Figure 8: Section of Repeater lodes looking north east • Radio South/Green Harp – Situated south of the main mineralised trend, this zone consists of multiple gold-bearing lodes that dip steeply (60°– 80°) to the southeast. The lodes display a distinct structural orientation relative to the main Radio system, indicating a separate yet related deformation event controlling gold deposition. Figure 9: Section of Radio South lodes looking north east RADIO DELIVERS BONANZA GOLD GRADES 4 May 2026 11 ABN 77 648 687 094 Level 4, 220 St Georges Tce Perth, WA 6000 PO BOX 7713 Cloisters Square WA 6850 T: +61 8 6381 7250 F: +61 8 6381 7299 info@winmetals.com.au www.winmetals.com.au ASX:WIN Exploration Potential and Further Work The Radio Gold Project presents significant exploration and growth potential, supported by both historical production data and newly updated geological models. Growth potential remains at all prospects and will be fully evaluated in 2026. Beyond the central prospects, numerous untested historical workings and structural trends within WIN’s tenure provide additional exploration upside. Priority targets include the Repeater North, Manxman and Queenslander lines of workings, and the along strike extensions of the Mistletoe and Two Boys line of workings in the southwest of the tenure. About WIN Metals WIN Metals Limited (ASX: WIN) is an Australian mineral exploration company with a portfolio of quality gold, nickel, and lithium assets across approximately 30 km² of granted tenure in the Southern Goldfields and Kimberley regions of Western Australia. The Radio Gold Project, located 8 km north of Bullfinch and approximately 38 km northwest of Southern Cross, is another cornerstone asset within WIN’s portfolio. Over its mine life, Radio produced roughly 71,000 ounces of gold at an average grade of 38 g/t Au. WIN’s 2026 Mineral Resource Estimate for the Project totals 345,000 t @ 3.70 g/t Au for 41,000 ounces of contained gold1 . The Mt Edwards Nickel and Faraday–Trainline Lithium Projects are located near Widgiemooltha, approximately 80 km south of Kalgoorlie-Boulder and 30km south of Kambalda. • The Mt Edwards Nickel Project is a collection of eleven (11) nickel deposits with a combined mineral resource of 12.7 Mt @ 1.43% Ni for 180,900 t of contained nickel2 . • The Faraday-Trainline Lithium Project hosts a reported mineral resource of 1.96 Mt at 0.69% Li2O3 . In the Kimberley region, the Butchers Creek Gold Project lies 30 km southeast of Halls Creek. The project is centred on a historic gold production area and hosts a global Mineral Resource of 5.6 Mt @ 1.98 g/t Au for 359,000 ounces of gold4 . Historical mining between 1995 and 1997 produced approximately 52,000 ounces. WIN Metals remains focused on advancing its diversified portfolio of critical and precious metal projects through targeted exploration and development activities aimed at building long-term shareholder value. Table 1: WIN Metals Radio Gold Project Mineral Resource Estimate Deposit Resource Classification Tonnes Au g/t Contained Gold (Oz) East Indicated 37,000 3.63 4,300 Main Indicated 66,000 4.69 10,000 Repeater Indicated 48,000 3.90 6,000 Radio South Indicated 10,000 2.21 700 1 ASX:WIN “Radio Gold Project Mineral Resource Update” Released 29 January 2026 2 ASX:WIN “Sale of non-core assets yield $1.4M for WIN to advance gold Assets” Released 1 July 2025 3 ASX:WIN “375% Growth in Faraday-Trainline Lithium Mineral Resource” Released 8 November 2023 4 ASX:WIN “WIN advances Butchers Creek towards development following resource update” Released 16 April 2025 RADIO DELIVERS BONANZA GOLD GRADES 4 May 2026 12 ABN 77 648 687 094 Level 4, 220 St Georges Tce Perth, WA 6000 PO BOX 7713 Cloisters Square WA 6850 T: +61 8 6381 7250 F: +61 8 6381 7299 info@winmetals.com.au www.winmetals.com.au ASX:WIN Deposit Resource Classification Tonnes Au g/t Contained Gold (Oz) East Inferred 44,000 5.35 7,500 Main Inferred 81,000 2.45 6,300 Repeater Inferred 32,000 3.86 3,900 Radio South Inferred 17,000 2.91 1,600 Green Harp Inferred 7,000 2.34 600 Mill Inferred 3,000 0.92 100 Total Indicated + Inferred 345,000 3.70 41,000 Note: Figures are rounded and reported at 0.5 g/t cut-off to 50m below surface (open pit) and 1.0g/t below 50m of surface. Table 2: WIN Metals Butchers Creek Gold Mineral Resource Estimates Deposit Last Update Resource Classification Tonnes (Mt) Au (g/t) Contained Gold (Oz) Butchers Creek Apr-25 Indicated 3.58 2.24 258,000 Inferred 1.65 1.18 63,000 Golden Crown Jun-21 Inferred 0.40 3.10 38,000 Total Indicated + Inferred 5.63 1.98 359,000 Note: Butchers Creek figures are rounded and reported at 0.5g/t Au cut-off to 150m below surface (open pit) and 0.8g/t Au cut-off below 150m of surface. Golden Crown figures are rounded and reported above a 0.8 g/t Au cut-off. Table 3: WIN Metals Mt Edwards Nickel Mineral Resource Estimates Deposit Indicated Inferred Total Resources Tonne (Mt) Nickel (%) Tonne (Mt) Nickel (%) Tonne (Mt) Nickel (%) Nickel Tonnes Gillett* 2.27 1.35 0.87 1.16 3.14 1.30 40,770 Widgie 3* 0.51 1.34 0.22 1.95 0.73 1.53 11,200 Widgie Townsite* 1.65 1.60 0.85 1.38 2.50 1.53 38,260 Armstrong* 0.95 1.45 0.01 1.04 0.96 1.44 13,820 132N 0.03 2.90 0.43 1.90 0.46 2.00 9,050 Cooke 0.15 1.30 0.15 1.30 2,000 Inco Boundary 0.46 1.20 0.46 1.20 5,590 McEwen 1.13 1.35 1.13 1.35 15,340 McEwen Hangingwall 1.92 1.36 1.92 1.36 26,110 Mt Edwards 26N 0.87 1.43 0.87 1.43 12,400 Zabel 0.27 1.94 0.05 2.04 0.33 1.96 6,360 TOTAL 5.68 1.48 6.97 1.39 12.66 1.43 180,900 All Resources reported at 1.0% Ni cut-off except for WTS, Widgie 3, Gillett and Armstrong which are reported at 0.7% Ni cut- off. Tonnes and grade have been rounded to reflect the relative uncertainty of the estimates. Table 4: WIN Metals Mt Edwards Lithium Mineral Resource Estimates RADIO DELIVERS BONANZA GOLD GRADES 4 May 2026 13 ABN 77 648 687 094 Level 4, 220 St Georges Tce Perth, WA 6000 PO BOX 7713 Cloisters Square WA 6850 T: +61 8 6381 7250 F: +61 8 6381 7299 info@winmetals.com.au www.winmetals.com.au ASX:WIN Deposit Measured Indicated Inferred TOTAL Resources Tonne (kt) Li2O (%) Tonne (kt) Li2O (%) Tonne (kt) Li2O (%) Tonne (kt) Li2O (%) Li2O Tonnes Faraday 550 0.75 250 0.66 220 0.61 1,020 0.7 7,100 Trainline - - 780 0.69 160 0.63 940 0.68 6,300 TOTAL 550 0.75 1,020 0.68 390 0.62 1,960 0.69 13,500 Reported above a cut-off grade of 0.30% Li2O to a depth of 310mRL (65m below surface) and 0.50% Li2O below 310mRL to 250mRL. Tonnes and grade have been rounded to reflect the relative uncertainty of the estimates. Figure 10: WIN’s Gold, Nickel and Lithium Project Locations Competent Person Statement – WIN Metals The information in this announcement that relates to WIN’s Global Mineral Resources, Exploration Results for Radio and Repeater, are based on, and fairly reflects, information compiled and reviewed by Mr William Stewart, employee and shareholder of WIN Metals Ltd. Mr Stewart is a Member of the Australasian Institute of Mining and Metallurgy (AusIMM Member No. 224335) and has sufficient experience relevant to the style of mineralisation, type of deposit under consideration,and the activities undertakentoqualify as a Competent Personas defined in the 2012 RADIO DELIVERS BONANZA GOLD GRADES 4 May 2026 14 ABN 77 648 687 094 Level 4, 220 St Georges Tce Perth, WA 6000 PO BOX 7713 Cloisters Square WA 6850 T: +61 8 6381 7250 F: +61 8 6381 7299 info@winmetals.com.au www.winmetals.com.au ASX:WIN Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code). Mr Stewart consents to the inclusion in this announcement of the matters based on his information in the form and context in which it appears. WIN Metals Ltd confirms that it is not aware of any new information or data that materially affects the information contained in previous ASX announcements referenced in this report. Forward Looking Statements This announcement includes forward-looking statements that are only predictions and are subject to known and unknown risks, uncertainties, assumptions and other important factors, many of which are beyond the control of WIN Metals Ltd, the directors and the Company’s management. Such forward-looking statements are not guarantees of future performance. Examplesof forward-looking statements used in this announcement include use of the words ‘may’, ‘could’, ‘believes’, ’estimates’, ‘targets’, ’expects’, or ‘intend’ and other similar words that involve risks and uncertainties. These statements are based on an assessment of present economic and operating conditions, and on a number of assumptions regarding future events and actions that, as at the date of announcement, are expected to take place. Actual values, results, interpretations or events may be materially different to those expressed or implied in this announcement. Given these uncertainties, recipients are cautioned not to place reliance on forward-looking statements in the announcement as they speak only at the date of issue of this announcement. Subject to any continuing obligations under applicable law and the ASX Listing Rules, WIN Metals Ltd does not undertake any obligation to update or revise any information or any of the forward-looking statements in this announcement or any changes in events, conditions or circumstances on which any such forward-looking statement is based Summary Information This announcement has been prepared by WINand includes information regarding WIN’s disclosure of results to the ASX. This announcement should also be read in conjunction with WIN’s other periodic and continuous disclosure announcements lodged with the ASX, which are available at www.asx.com.au and available on WIN’s website at www.winmetals.com.au. Table 5: Reference documents included in this announcement Number Date Company Title 1 29-Jan-26 WIN Radio Gold Project Mineral Resource Update 2 1-Jul-25 WIN Sale of non-core assets yield $1.4M for WIN to advance gold Assets 3 8-Nov-23 WIN 375% Growth in Faraday-Trainline Lithium Mineral Resource 4 16-Apr-25 WIN WIN advances Butchers Creek towards development following resource update Compliance Statement The Company confirms it is not aware of any new information or data that materially affects the information included in the original market announcement(s), and in the case of estimates of Mineral Resources that all material assumptions and technical parameters underpinning the estimates in the relevant announcement continue to apply and have not materially changed. The RADIO DELIVERS BONANZA GOLD GRADES 4 May 2026 15 ABN 77 648 687 094 Level 4, 220 St Georges Tce Perth, WA 6000 PO BOX 7713 Cloisters Square WA 6850 T: +61 8 6381 7250 F: +61 8 6381 7299 info@winmetals.com.au www.winmetals.com.au ASX:WIN Company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original announcement. Approved by: The Board of Directors -ENDS- For further details please contact: Steve Norregaard Paul Berson Managing Director Executive Adviser WIN Metals Ltd Corporate Storytime E steve@winmetals.com.au E paul@corporatestorytime.com T 0472 621 529 T 0421 647 445 RADIO DELIVERS BONANZA GOLD GRADES 4 May 2026 16 ABN 77 648 687 094 Level 4, 220 St Georges Tce Perth, WA 6000 PO BOX 7713 Cloisters Square WA 6850 T: +61 8 6381 7250 F: +61 8 6381 7299 info@winmetals.com.au www.winmetals.com.au ASX:WIN Appendices Table 6: Drill Collar Data Hole ID Northing (m) Easting (m) Elevation (m) Azimuth Dip EOH Depth (m) Hole Type 26RDRC001 6578340 699170 347 319 -61 36 RC 26RDRC002 6578331 699178 347 318 -61 42 RC 26RDRC003 6578356 699169 347 319 -60 30 RC 26RDRC004 6578347 699177 347 315 -60 36 RC 26RDRC005 6578337 699185 346 318 -61 42 RC 26RDRC006 6578371 699169 346 321 -61 24 RC 26RDRC007 6578362 699177 346 322 -61 30 RC 26RDRC008 6578353 699183 346 325 -60 36 RC 26RDRC009 6578349 699184 346 324 -76 42 RC 26RDRC010 6578383 699172 346 318 -61 30 RC 26RDRC011 6578374 699179 346 317 -61 30 RC 26RDRC012 6578368 699191 346 319 -61 36 RC 26RDRC013 6578359 699198 346 317 -61 48 RC 26RDRC014 6578351 699206 346 316 -61 54 RC 26RDRC015 6578338 699211 346 320 -61 66 RC 26RDRC016 6578330 699213 346 296 -81 66 RC 26RDRC017 6577922 698982 353 281 -55 54 RC 26RDRC018 6577903 698995 353 272 -56 72 RC 26RDRC019 6577905 699001 352 303 -61 72 RC 26RDRC020 6577949 699001 352 299 -61 60 RC 26RDRC021 6577921 699013 352 299 -60 72 RC 26RDRC022 6577935 699031 352 303 -55 78 RC 26RDRC023 6577930 699042 351 303 -70 90 RC 26RDRC024 6577930 699044 351 296 -85 90 RC 26RDRC025 6577991 699053 351 299 -61 66 RC 26RDRC026 6578005 699069 351 298 -61 72 RC 26RDRC027 6578030 699061 350 300 -56 60 RC 26RDRC028 6578019 699086 351 299 -61 78 RC 26RDRC029 6578069 699062 350 256 -56 54 RC 26RDRC030 6578071 699080 350 301 -61 60 RC 26RDRC031 6578063 699088 351 260 -56 72 RC 26RDRC032 6578057 699104 350 259 -61 84 RC 26RDRC033 6578045 699124 350 303 -60 84 RC 26RDRC034 6578024 699122 350 301 -61 95 RC RADIO DELIVERS BONANZA GOLD GRADES 4 May 2026 17 ABN 77 648 687 094 Level 4, 220 St Georges Tce Perth, W