Announcement PDF For the Half Year Ended 30 June 2026 Half Year Financial Report ABN 12 145 184 667 www.criticalresources.com.au CRITICAL RESOURCES LIMITED AND CONTROLLED ENTITIES CORPORATE INFORMATION DIRECTORS Mr Bilal Ahmad Non-Executive Chairman Mr Timothy Wither Managing Director Mr Joshua Gordon Non-Executive Director Mr John Markovic Non-Executive Director Mr Teck Eng (Alfred) Chong Non-Executive Director COMPANY SECRETARY Mr Harry Spindler REGISTERED AND PRINCIPAL OFFICE Level 45, 108 St Georges Terrace Perth WA 6000 Telephone (08) 9465 1024 Website www.criticalresources.com.au POSTAL ADDRESS Level 45, 108 St Georges Terrace Perth WA 6000 AUDITORS Stantons International Audit and Consulting Pty Ltd Level 2, 40 Kings Park Road West Perth WA 6005 SHARE REGISTER Computershare Investor Services Pty Limited GPO Box 2975 Melbourne, VIC 3001 Telephone 1300 850 505 Telephone Int. +61 (03) 9415 4000 Critical Resources Limited shares are listed on the Australian Securities Exchange (ASX) ASX Code CRR ACN 145 184 667 ABN 12 145 184 667 In this report, the following definitions apply: “Board” means the Board of Directors of Critical Resources Limited “Critical” or the “Company” means Critical Resources Limited ABN 12 145 184 667 “Group” means Critical Resources Limited and its controlled entities CRITICAL RESOURCES LIMITED AND CONTROLLED ENTITIES TABLE OF CONTENTS 1 AUDITOR’S INDEPENDENCE DECLARATION..................................................................... 9 CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME ..10 CONSOLIDATED STATEMENT OF FINANCIAL POSITION ..................................................11 CONSOLIDATED STATEMENT OF CASH FLOWS...............................................................12 CONSOLIDATED STATEMENT OF CHANGES IN EQUITY ....................................................13 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS ...............................................14 INDEPENDENT AUDITOR’S REVIEW REPORT ..................................................................24 DIRECTORS’ REPORT FOR THE HALF YEAR ENDED 30 JUNE 2026 2 The directors of Critical Resources Limited (”Critical Resources”, “CRR” or “the Company”) submit the financial report of the Company and its controlled entities (“the Group”) for the half year ended 30 June 2026. DIRECTORS The names and details of the Directors of Critical Resources in office during the half year and until the date of this report are set out below. Each director was in office for the entire period unless stated otherwise. The names and particulars of directors who are in office at the date of this report: Mr Bilal Ahmad Non-Executive Chairman Mr Timothy Wither Managing Director & CEO Mr Joshua Gordon Non-Executive Director Mr John Markovic Non-Executive Director Mr Teck Eng (Alfred) Chong Non-Executive Director (appointed 3 June 2026) The names and particulars of directors who are not in office at the date of this report but who held office during the period: Mr Nigel Broomham Non-Executive Director (resigned 3 June 2026) Directors have held office since the start of the half year to the date of this report unless otherwise stated. COMPANY SECRETARY Mr Harry Spindler PRINCIPAL ACTIVITIES The principal activity of the Group during the financial period was mineral exploration and development across a range of projects but with particular emphasis on the Company’s Mavis Lake Lithium Project in Canada, and Gold, Antimony and Tungsten Projects in New Zealand. There were no significant changes in the nature of the Group’s principal activity during the period. The Company remains committed to advancing exploration efforts across its highly prospective tenement portfolio and the advanced next-generation battery and thermal management technologies seeking to unlock value from critical minerals essential for a sustainable future. FINANCIAL RESULTS The result for the six months ended 30 June 2026 attributable to members of the Group was a net loss after tax of $917,645 (30 June 2025; $770,550). As of 30 June 2026, the Group had cash and cash equivalents of $1,219,533 (31 December 2025; $955,925) and net assets of $29,819,337 (31 December 2025; $28,645,982). DIVIDENDS No amounts have been paid or declared by way of dividend during or since the end of the financial year. REVIEW OF OPERATIONS Critical Resources is an ASX listed company focused on the advancement and development of critical metals projects, together with the laboratory-based evaluation of associated battery materials and thermal management technologies. 1. Executive Summary The first half of 2026 was a period of sustained exploration activity and technical progress for Critical Resources Limited (“Critical Resources” or “the Company”). Field programs across the Company’s New Zealand gold, antimony and tungsten portfolio in the Otago Region, and across the northern part of the Mavis Lake Lithium Project in Ontario, Canada, defined and prioritised a pipeline of drill-ready targets at both. In parallel, the Company’s laboratory-based technology evaluation programs continued to advance. DIRECTORS’ REPORT FOR THE HALF YEAR ENDED 30 JUNE 2026 3 The period’s programs were funded through a placement completed in February 2026 and a loyalty options offer completed in May 2026, and were delivered alongside a renewal of the Board. Work across the portfolio remained deliberately low-cost and high-impact, consistent with the Company’s focus on disciplined capital management while lithium markets remain subdued and gold and antimony markets remain strong. Highlights: • Mavis Lake – Ontario, Canada: 2026 exploration program defined over the northern prospects, with 14 targets identified and field work completed at the Corona target. Government Advisory and Environmental Consulting engaged to advance the Mavis Lake permitting pathway. • New Zealand – Otago: permit transfers approved; shallow RC drilling confirmed a gold system at Cap Burn; sampling confirmed a gold-antimony system at Croesus; and high-grade tungsten was confirmed by channel sampling. • Halls Peak – NSW, Australia: major gold-antimony-silver system emerging at the Amoco Prospect. • Technology: solid-state lithium-ion battery evaluation program with the South Dakota School of Mines and Technology advanced during the period. • Corporate: $1.75 million placement completed in first quarter 2026; loyalty options offer completed in June 2026; Mr Teck Eng (Alfred) Chong appointed as a Non-Executive Director in June 2026. 2. Mavis Lake Lithium Project – Ontario, Canada Mavis Lake remains the cornerstone of CRR’s mineral portfolio, with the project’s existing 8Mt @ 1.07% Li₂O Inferred Resource (ASX:CRR 5 May 2023) unchanged during the period. Activity in the half-year focused on the northern part of the project, where the Company defined its 2026 exploration programs (ASX:CRR 19 January 2026), completed field work at the Corona target (ASX:CRR 13 April and 12 May 2026) and identified 14 targets following the northward extension of the project’s prospective corridor (ASX:CRR 10 June 2026). This work was deliberately low-cost and designed to build a drill-ready target inventory that can be executed quickly in line with market conditions improvement. In parallel, the Company engaged SLR Consulting (Canada) Ltd to advance a permitting road map for the project (ASX:CRR 8 January 2026), directed at establishing a clear regulatory pathway to development. Subsequent to the period, geochemical results prioritised the northern drill targets (ASX:CRR 17 July 2026) and claim staking consolidated the project’s land position (ASX:CRR 19 August 2026). Highlights: • Resource base: 8Mt @ 1.07% Li₂O (Inferred) – open along strike and at depth. • 14 targets identified across the northern part of the project. • Corona target: field program completed; geochemistry prioritised northern drill targets post-period. • Government advisory, Pathway Group, and environmental permitting advisory, SLR Consulting, engaged to prepare a permitting road map; land position consolidated post-period. 3. Halls Peak Gold‑Antimony Projects – NSW, Australia Halls Peak remains a prospective gold-antimony and base metals project, with the Amoco and Mayview prospects and a pipeline of targets defined from earlier rock chip sampling, petrographic work and the re- interpretation of aeromagnetic data. The project also hosts an Inferred Mineral Resource. During the period the Company reported an emerging gold-antimony-silver system at the Amoco Prospect (ASX:CRR 9 February 2026), building on the rock chip sampling, petrographic work and structural targeting previously completed at Amoco and Mayview. The Company continued discussions with landholders to secure the access required to complete low-impact exploration and to execute the maiden RC drilling programs previously permitted at Amoco and Mayview. Halls Peak remains part of the Company’s exploration portfolio and is included in the Company’s planned exploration expenditure. DIRECTORS’ REPORT FOR THE HALF YEAR ENDED 30 JUNE 2026 4 Highlights: • Amoco Prospect: maiden RC drill program completed with major gold-antimony-silver system emerging (ASX:CRR 9 February 2026). • Mayview Prospect: orogenic gold-antimony targets defined by earlier sampling and petrographic work. Land access negotiations continuing. • Gibson Base Metal Project Resource base: 840,000 tonnes @ 3.7% Zn, 1.5% Pb, 0.44% Co, 30 g/t Ag and 0.1 g/t Au (@ 2.0% Zn cut-off) (Inferred). 4. New Zealand Gold-Antimony-Tungsten Projects – Otago, New Zealand The Company’s New Zealand portfolio, centred on the Otago Region of the South Island, became the focus of field activity during the period. Ministry approval for the transfer of the permits was received on 26 March 2026 (ASX:CRR 26 March 2026), allowing systematic work to commence across the portfolio. At Cap Burn, shallow RC drilling confirmed a gold system (ASX:CRR 25 March 2026). At Lammerlaw, priority targets were defined (ASX:CRR 23 February 2026) and gold was confirmed at Devils Creek alongside a new target (ASX:CRR 26 May 2026). At Croesus, sampling confirmed a gold-antimony system (ASX:CRR 11 June 2026). Tungsten emerged as a second commodity theme across the portfolio during the period, with high-grade results reported as fieldwork commenced (ASX:CRR 31 March 2026), the tungsten priority elevated (ASX:CRR 1 May 2026), a permit expansion application lodged (ASX:CRR 14 May 2026) and high-grade tungsten subsequently confirmed by channel sampling (ASX:CRR 23 June 2026). Subsequent to the period, multiple new gold pathfinder targets were defined at Lammerlaw (ASX:CRR 11 August 2026). The New Zealand portfolio matters because it gives the Company drill-ready gold and antimony targets in a Tier-1 jurisdiction at low holding cost, alongside an emerging tungsten position. Highlights: • Permit transfers approved, enabling systematic fieldwork across the portfolio. • Cap Burn: shallow RC drilling confirmed a gold system. Croesus: sampling confirmed a gold- antimony system. • Lammerlaw: priority targets defined and gold confirmed at Devils Creek; further pathfinder targets defined post-period. Tungsten: high-grade results confirmed by channel sampling and a permit expansion application lodged. 5. Technology Programs The Company holds an exclusive option over several advanced solid-state battery patents and provisional patents from the South Dakota School of Mines and Technology. During the period the Company continued laboratory-based technology evaluation programs. The battery materials program covers the Company’s Dry Supersonic Deposition (DSD) cathode/electrolyte deposition process and its solid-state electrolyte. Work during the half-year included validation of the dry cathode manufacturing process (ASX:CRR 5 March 2026), progress on the solid-state electrolyte (ASX:CRR 18 March and 28 May 2026), and advancement of the DSD cathode to full-format pouch cells (ASX:CRR 18 June 2026). The evaluation program was extended during the period (ASX:CRR 30 April and 21 May 2026). The Company holds an exclusive worldwide licence to two-phase cooling technology for lithium-ion batteries and high-performance compute and data centre applications, held through a wholly owned subsidiary CriticalX Neo Pty Ltd. Subsequent to the period the Company appointed a technical thermal management adviser (ASX:CRR 20 July 2026) and entered into a co-funded collaborative research project with CSIRO (ASX:CRR 27 August 2026). These programs are laboratory-based evaluation and research activities. They are stage-gated, carry no obligation to proceed, and mineral exploration remains the Company’s main undertaking. DIRECTORS’ REPORT FOR THE HALF YEAR ENDED 30 JUNE 2026 5 6. Corporate & Financial Position The Company completed a placement to raise $1.75 million before costs during the period (ASX:CRR 29 January 2026). The Company subsequently launched a loyalty options offer to eligible shareholders (ASX:CRR 10 April 2026), the results of which were announced on 29 May 2026. The Board was renewed during the period. Mr Teck Eng (Alfred) Chong was appointed as a Non-Executive Director and Mr Nigel Broomham resigned as a Non-Executive Director, both effective 3 June 2026 (ASX:CRR 4 June 2026). The Company’s Annual General Meeting was held on 29 May 2026, with all resolutions carried. The Company also announced a change of auditor during the period (ASX:CRR 29 April 2026). As at 30 June 2026 the Group held cash and cash equivalents of $1,219,533 (31 December 2025: $955,925) and net assets of $29,819,337 (31 December 2025: $28,645,982). The loss after tax for the half-year was $917,645 (30 June 2025: $770,550). The Company continues to evaluate multiple critical mineral and technology opportunities globally and looks forward to updating shareholders as discussions progress. There is no certainty that current discussions will result in new project or technology acquisitions. 7. Other Projects The Company, indirectly via its wholly owned subsidiary Gentor Resources Limited, retains majority interests in Al Fairuz Mining LLC and Al Thuraya Mining LLC. The exploration licences over Block 4 and Block 5 previously expired and were not renewed, having reached the end of their stated renewal period, and the Company applied for and was granted a five-year extension of the Block 5 mining licences. Discussions with in-country management regarding the future of the projects remain ongoing. Gentor is party to a deed with Savannah Resources Plc (SAV.L) comprising a $3.5 million loan repayable on achievement of mine development and production milestones on Block 5, and a 1.0% net smelter royalty over the Company's proportionate share of metal sales from Blocks 4 and 5 (Savannah Deed). Savannah has issued Gentor a notice of default, which Gentor disputes. The parties are in discussions directed at resolving the matter. No agreement has been reached and there is no certainty as to outcome or terms. 8. Outlook – H2 2026 Priorities The second half of 2026 will be focused on follow-up drilling at Cap Burn in Otago, New Zealand, and on fieldwork across the Croesus tungsten and gold-antimony targets. At Mavis Lake, low-cost technical work will continue to advance the prioritised northern drill targets, alongside the permitting road map, so that the project is positioned to move quickly when lithium market conditions improve. In the technology programs, the Company will commence the co-funded collaborative research project with CSIRO and continue the stage-gated laboratory evaluation of its battery materials and thermal management technologies. Across all activities the Company will maintain disciplined capital management while pursuing value-accretive opportunities aligned with its critical minerals focus. Highlights: • New Zealand: follow-up drilling at Cap Burn and fieldwork at Croesus, including the Granite Creek tungsten target. • Mavis Lake: advance the prioritised northern drill targets and the permitting road map. • Halls Peak: continue land access discussions to enable low-impact exploration and the permitted drilling programs. • Technology: commence the CSIRO collaborative research project and progress the thermal management evaluation on a stage-gated basis. DIRECTORS’ REPORT FOR THE HALF YEAR ENDED 30 JUNE 2026 6 9. Capital Structure As of 30 June 2026: Australian Securities Exchange security code and description Total number on issue Ordinary fully paid shares on issue (CRR) 3,194,085,445 Option Expiring 3 October 2027 - Exercise price of $0.015 (CRRAP) 112,000,000 Option Expiring 14 February 2028 - Exercise price of $0.015 (CRRAA) 265,935,484 Option Expiring 23 April 2028 - Exercise price of $0.008 (CRRO) 602,284,548 Option Expiring 22 December 2028 - Exercise price of $0.02 (CRRAD) 10,000,000 Option Expiring 22 December 2028 - Exercise price of $0.03 (CRRAQ) 10,000,000 Option Expiring 22 December 2028 - Exercise price of $0.04 (CRRAR) 10,000,000 ASX ANNOUNCEMENTS This report contains information extracted from ASX announcements reported in accordance with the 2012 edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves' (2012 JORC Code). Further details (including 2012 JORC Code reporting tables where applicable) of exploration results referred to in this report can be found in the following announcements lodged on the ASX: Date Announcement Headline 31/08/2026 Historical Review Defines Three Targets - Silver Peaks NZ 31/08/2026 $1.6M Placement to Advance Exploration & Technology Programs 27/08/2026 CSIRO to Collaborate with CRR on DSD Battery Technology 19/08/2026 Claim Staking Consolidates Mavis Lake Lithium Project 11/08/2026 Multiple New Gold Pathfinder Targets Defined at Lammerlaw NZ 27/07/2026 TechKnow Investor Conference Presentation 24/07/2026 Quarterly Activities/Appendix 5B Cash Flow Report 20/07/2026 Technical Thermal Management Adviser Appointed 17/07/2026 Mavis Lake Geochemistry Prioritises Northern Drill Targets 2/07/2026 Peer Review Validates Dry Cathode Manufacturing Process 23/06/2026 High-Grade NZ Tungsten Confirmed 16.63% WO3 Channel Sample 18/06/2026 DSD Cathode Advances to Full-Format Pouch Cells 16/06/2026 CRR Builds Solid-State Battery Layer in a Single Step 11/06/2026 Croesus New Zealand - Sampling Confirms Gold-Antimony System 10/06/2026 Mavis Lake Lithium Expands North - 14 Targets Identified 4/06/2026 Appointment and resignation of Director 29/05/2026 Results of Annual General Meeting 29/05/2026 2026 AGM Presentation 29/05/2026 Loyalty Option Offer Results 29/05/2026 Change of Director's Interest Notice 28/05/2026 Solid-State Electrolyte Rivals Sulphide-Class at Room Temp 26/05/2026 Gold Confirmed at Devils Creek & New Target at Lammerlaw NZ 21/05/2026 CRR advances battery technology evaluation program 14/05/2026 NZ Tungsten Target Permit Expansion Application Lodged 13/05/2026 Loyalty Options Offer - Letter to Eligible Shareholders 13/05/2026 Loyalty Options Offer - Letter to Ineligible Shareholders 13/05/2026 Loyalty Options Offer Now Open Dispatch of Offer Documents 12/05/2026 Field Program Commences at Corona Target Mavis Lake 4/05/2026 Loyalty Options Offer - Letter to Optionholders 4/05/2026 Loyalty Options Prospectus 1/05/2026 New Zealand Fieldwork Tungsten Priority Elevated 30/04/2026 CRR extends battery technology evaluation program 29/04/2026 Change of Auditor 29/04/2026 Notice of Annual General Meeting/Proxy Form 15/04/2026 Quarterly Activities/Appendix 5B Cash Flow Report 13/04/2026 Corona Field Program Advances Mavis Lake Lithium Project DIRECTORS’ REPORT FOR THE HALF YEAR ENDED 30 JUNE 2026 7 Date Announcement Headline 10/04/2026 CRR Launches Loyalty Options Offer 9/04/2026 Annual General Meeting Details 8/04/2026 Addendum ASX Announcement 31 March 2026 1/04/2026 Change of Director's Interest Notice (x2) 1/04/2026 Capital Raising Completion and Cleansing Statement 31/03/2026 Appendix 4G and Corporate Governance Statement 31/03/2026 Annual Report to shareholders 31/03/2026 High-Grade Tungsten up to 42.6% WO3 as NZ Fieldwork Commences 26/03/2026 CRR Receives Approval for Transfer of New Zealand Permits 25/03/2026 Shallow RC Drilling Confirms Gold System at Cap Burn 20/03/2026 Results of Meeting 18/03/2026 Solid-State Electrolyte Progress De-Risks Battery Program 5/03/2026 Game-Changing Dry Cathode Technology Successfully Validated 26/02/2026 Investor Presentation 23/02/2026 Priority Targets Defined at Lammerlaw Gold Project 18/02/2026 Investor Webinar, Solid-State Battery Evaluation Program 17/02/2026 Notice of General Meeting/Proxy Form 17/02/2026 CRR Appoints Leading Solid-State Battery Specialist Advisor 11/02/2026 Capital Raising Completion and Cleansing Statement 11/02/2026 Solid-State Lithium-Ion Battery Evaluation Program 9/02/2026 Major Gold Antimony Silver System Emerging at Amoco 2/02/2026 CRR Advances Solid State Battery Evaluation Pathway 30/01/2026 Quarterly Activities/Appendix 5B Cash Flow Report 29/01/2026 Critical Resources Secures $1.75M Placement 19/01/2026 2026 Mavis Lake Exploration Programs, Northern Prospects 8/01/2026 Lapsing of Performance Rights 8/01/2026 CRR Engages SLR Consulting to Advance Mavis Lake Permitting Compliance Statement This report contains information regarding the Mavis Lake Mineral Resource Estimate extracted from ASX market announcement dated 5 May 2023 and reported in accordance with the 2012 JORC Code and available for viewing at criticalresources.com.au. The Company confirms that it is not aware of any new information or data that materially affects the information included in any original announcement and that all material assumptions and technical parameters underpinning the estimates in the original market announcement continue to apply and have not materially changed. This report contains information regarding the Halls Peak Mineral Resource Estimate extracted from the ASX market announcement dated 30 June 2023 and reported in accordance with the 2012 JORC Code and available for viewing at criticalresources.com.au. The Company confirms that it is not aware of any new information or data that materially affects the information included in any original announcement and that all material assumptions and technical parameters underpinning the estimates in the original market announcement continue to apply and have not materially changed. This announcement contains information on the Mavis Lake Project extracted from ASX market announcements dated 25 October 2021, 16 June 2022, 21 July 2022, 13 September 2022, 25 October 2022, 31 October 2022, 20 December 2022, 23 January 2023, 9 February 2023, 27 March 2023, 3 April 2023, 18 May 2023, 16 June 2023, 27 June 2023, 17 July 2023, 24 July 2023, 21 August 2023, 13 September 2023, 19 September 2023, 19 October 2023, 24 October 2023, 2 November 2023, 15 November 2023, 13 February 2024, 18 March 2024, 17 April 2024, 2 May 2024, 22 May 2024, 29 May 2024, 2 July 2024, 8 July 2024, 24 July 2024, 22 August 2024, 28 October 2024, 30 October 2024, 2 December 2024, 27 June 2025, 25 August 2025, 3 November 2025, 27 November 2025, 13 April 2026, 12 May 2026, 10 June 2026, 17 July 2026 and 19 August 2026 reported in accordance with the 2012 JORC Code and available for viewing at www.criticalresources.com.au. This announcement contains information on the Amoco and Halls Peak Project extracted from ASX market announcements dated 22 November 2021, 30 June 2023, 28 August 2024, 12 September 2024, 3 October 2024, 8 November 2024, 19 November 2024, 4 December 2024, 16 December 2024, 12 February 2025, 20 March 2025, 4 June 2025, 2 July 2025, 18 September 2025, 1 October 2025, 13 October 2025, 5 December 2025 and 9 February 2026 reported in accordance with the 2012 JORC Code and available for viewing at www.criticalresources.com.au. This announcement contains information on the New Zealand Projects (Cap Burn, Silver Peaks, Lammerlaw, Tokomairiro, Croesus and Rock and Pillar) extracted from ASX market announcements dated 6 August 2025, 8 September 2025, 10 September 2025, 4 December 2025, 23 February 2026, 25 March 2026, 26 March 2026, 31 March 2026, 8 April 2026, 1 May 2026, 14 May 2026, 26 May 2026, 11 June 2026, 23 June 2026 and 11 August 2026 reported in accordance with the 2012 JORC Code and available for viewing at www.criticalresources.com.au. The Company confirms that it is not aware of any new information or data that materially affects the information included in any original ASX market announcement. DIRECTORS’ REPORT FOR THE HALF YEAR ENDED 30 JUNE 2026 8 Forward-looking statements This report may contain certain forward-looking statements and projections. Statements regarding CRR’s plans with respect to its mineral properties and programs are forward-looking statements. Such forward-looking statements/projections are estimates for discussion purposes only and should not be relied upon. Forward-looking statements/projections are inherently uncertain and may therefore differ materially from results ultimately achieved. There can be no assurance that CRR’s plans for development of its mineral properties or evaluation programs will proceed as currently expected. There can also be no assurance that CRR will be able to confirm the presence of additional mineral resources, that any mineralisation will prove to be economic or that a mine will successfully be developed on any of CRR’s mineral properties. Critical Resources Limited does not make any representations and provides no warranties concerning the accuracy of the projections and disclaims any obligation to update or revise any forward-looking statements/projections based on new information, future events or otherwise, except to the extent required by applicable laws. While the information contained in this report has been prepared in good faith, neither Critical Resources Limited or any of its directors, officers, agents, employees or advisors give any representation or warranty, express or implied, as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this announcement. SIGNIFICANT EVENTS AFTER THE BALANCE DATE Other than operational results as detailed in the review of operations and below, there are no other significant matters subsequent to the period end which significantly affected the operations of the Group. On 31 August 2026, the Company announced that it had received firm commitments from professional and sophisticated investors to raise $1.6 million before costs through the issue of 320,000,000 fully paid ordinary shares at an issue price of $0.005 per share, together with one free attaching option for every two shares subscribed for, exercisable at $0.008 on or before 23 April 2028. The Placement comprises 225,000,000 shares to raise $1.125 million before costs under the Company's existing placement capacity and 95,000,000 shares to raise $475,000 before costs through participation by Directors, subject to shareholder approval. In August 2026, the Company entered into a collaborative research project with the Commonwealth Scientific and Industrial Research Organisation (CSIRO), co-funded through the CSIRO Kick-Start program, to support the optimisation and scale-up of the Company's Dry Supersonic Deposition battery technology. The Company's contribution to the project is approximately $50,000. SIGNIFICANT CHANGES IN THE STATE OF AFFAIRS There were no significant changes in the state of affairs of the Company during the half year. AUDITOR’S INDEPENDENCE DECLARATION The lead auditor’s independence declaration under section 307C of the Corporations Act 2001 is set out on page 9 for the half year ended 30 June 2026. This report is made in accordance with a resolution of directors. Mr Bilal Ahmad Non-Executive Chairman Perth, Western Australia 10 September 2026 Liability limited by a scheme approved under Professional Standards Legislation PO Box 1908 West Perth WA 6872 Australia Level 2, 40 Kings Park Road West Perth WA 6005 Australia Tel: +61 8 9481 3188 Fax: +61 8 9321 1204 ABN: 84 144 581 519 www.stantons.com.au Stantons is a member of the Russell Bedford International network of firms 10 September 2026 Board of Directors Critical Resources Limited Level 45, 108 St Georges Terrace Perth WA 6000 Dear Directors RE: CRITICAL RESOURCES LIMITED In accordance with section 307C of the Corporations Act 2001, I provide the following declaration of independence to the directors of Critical Resources Limited. As Audit Director for the review of the financial statements of Critical Resources Limited for the half-year ended 30 June 2026, I declare that to the best of my knowledge and belief, there have been no contraventions of: (i) the auditor independence requirements of the Corporations Act 2001 in relation to the review; and (ii) any applicable code of professional conduct in relation to the review. Yours faithfully STANTONS INTERNATIONAL AUDIT AND CONSULTING PTY LTD (An Authorised Audit Company) Waseem Akhtar Director CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME FOR THE HALF YEAR ENDED 30 JUNE 2026 10 CONS OLIDATED STATEMENT OF P ROFIT ORLOSS A ND OTHE RC OMP REHENSIVE INC OME 30 Jun 2026 30 Jun 2025 Notes $ $ Interest income 6,863 16,353 Administrative expenses (427,248) (259,141) Consulting and staff costs (645,276) (412,809) Exploration expensed (60,492) (66,747) Depreciation (33,160) (33,218) Research and development costs (52,320) - Share based payments 10 - (24,378) Foreign Exchange Gain 295,996 14,595 Finance costs (2,008) (5,205) Loss before income tax (917,645) (770,550) Income tax expense - - Loss for the period (917,645) (770,550) Other comprehensive loss Items that may be reclassified to profit or loss Exchange difference on translating foreign operations (419,682) (83,182) Items that will not be reclassified to profit or loss Revaluation and