Announcement PDF Sign-up and log into ADN’s Investor Hub eerr Early Works Update: Transportation of Long Lead Items Complete Andromeda Metals Limited (ASX: ADN) (Andromeda, the Company) is pleased to confirm the arrival of the final long lead equipment item planned as part of the pre-construction Early Works activities for the Stage 1A+ development of the Great White Project (GWP). The last components of the Filter Press for Stage 1A+ have arrived in Australia and are now being stored after receiving customs clearance from Australian Border Force. This now sees all key long lead equipment items planned for transportation as part of the Early Works activities currently being stored in Australia. This, along with the completion of bulk earthworks and other associated Early Works activities, significantly de-risks anticipated development of Stage 1A+. Photos of Filter Press components being loaded at port of origin Photos of Filter Press components following arrival in Australia Andromeda Metals Limited ASX: ADN ASX Announcement 10/431 King William Street Adelaide, SA 5000 Tel:+61 8 7089 9800 ir@andromet.com.au 06 July 2026 ABN 75 061 503 375 Andromeda Metals Limited | 2 Status of pre-construction Early Works and associated activities for Stage 1A+: • Payment of environmental compliance payments ✓Complete • Site preparation activities, including: – Establishment of mine access – Bulk earthworks for the Stage 1A+ processing plant ✓Complete • Geotechnical Drilling ✓Complete • Grade Control Drilling ✓Complete • Insurance arrangements ✓Complete • Finalisation of the Engineering Detailed Design for: – Stage 1A+ processing plant – Supporting water infrastructure Progressed; now on hold • Transport of key long-lead equipment items, fabricated and warehoused overseas, to Australia ✓Complete Sarah Clarke, Andromeda’s Acting CEO said: “The successful completion of Early Works activities has materially advanced the Great White Project, by significantly de-risking anticipated construction of the initial Stage 1A+ development and establishing a strong foundation for future expansion. “Alongside the credit-approved $75 million debt facility from Merricks Capital, the completion of Early Works has reduced the balance of equity required to reach a final investment decision for Stage 1A+ to ~$40 million, which is being sought through an equity funding process.” This announcement has been approved for release by the Board of Directors of Andromeda Metals Limited. For more information about the Company and its projects, please visit our website, www.andromet.com.au or contact: Manager, Investor Relations & Corporate Affairs Patrick Sinclair t: 08 7089 9819 m: 0403 708 431 e: Patrick.Sinclair@andromet.com.au