Melbana Energy Limited Annual Report 2024

Issued Capital $ Share based payment reserve $ Other reserves $ Accumulated losses $ Total equity $ Balance at 1 July 2022 303,177,819 1,453,859 (814,519) (266,644,897) 37,172,262 Loss after income tax expense for the year – – – (1,001,999) (1,001,999) Total comprehensive income for the year, net of tax – – – (1,001,999) (1,001,999) Exercise of Options 17,295,207 (1,433,127) – – 15,862,080 Expiry of Options – (20,732) – 20,732 – Issue of performance rights – 404,684 – – 404,684 Foreign Currency Translation Reserve – – 555,567 – 555,567 Balance at 30 June 2023 320,473,026 404,684 (258,952) (267,626,164) 52,992,594 Issued Capital $ Share based payment reserve $ Other reserves $ Accumulated losses $ Total equity $ Balance at 1 July 2023 320,473,026 404,684 (258,952) (267,626,164) 52,992,594 Profit after income tax expense for the year – – – 3,259,760 3,259,760 Total comprehensive income for the year, net of tax – – – 3,259,760 3,259,760 Issue of performance rights – 977,638 – – 977,638 Performance Rights Lapsed – (694,620) – 269,789 (424,831) Foreign Currency Translation Reserve – – (873,993) – (873,993) Balance at 30 June 2024 320,473,026 687,702 (1,132,945) (264,096,615) 55,931,168 The above consolidated statement of changes in equity should be read in conjunction with the accompanying notes Consolidated Statement of Changes in Equity for the year ended 30 June 2024 40 Melbana Energy Limited Annual Report 2024

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