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Results of the Share Purchase Plan

Capital Raise19 March 2026SMIMaterials

GPO Box 1305
Brisbane, QLD4000

T: +61 7 3221 7501

Santana Minerals Ltd

Level 1, 371 Queen St

Brisbane, QLD 4000

ABN 37 161 946 989


20 March 2026


Results of the Share Purchase Plan



Santana Minerals Limited (ASX/NZX: SMI) (Santana) is pleased to announce completion of its share

purchase plan (SPP) following the close of the SPP on 13 March 2026.


All valid applications under the SPP were accepted in full, raising approximately A$4.1 million which

follows the placement of A$130 million announced by Santana in February 2026.


Approximately 4.56 million new fully paid ordinary shares in Santana at A$0.90 per share (SPP Shares)

are scheduled to be issued today.


The SPP offer was sent to approximately 4,200 eligible shareholders and Santana received valid

applications from approximately 860 eligible shareholders.


An Appendix 2A for the Shares issued under the SPP will be lodged with the ASX today.


This announcement has been authorised for release by Santana’s board of directors.


Enquiries:

Damian Spring Sam Smith

Exec. Director & CEO Exec. Director & CDO

dspring@santanaminerals.com ssmith@santanaminerals.com


ANNOUNCEMENT

ASX: SMI

NZX: SMI

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