Issued Capital $ Note 17 Share based payment reserve $ Note 18 Other reserves $ Note 18 Accumulated losses $ Total equity $ Balance at 1 July 2024 320,473,026 687,702 (1,132,945) (264,096,615) 55,931,168 Profit after income tax expense for the year – – (4,151,446) (4,151,446) Total comprehensive income for the year, net of tax – – – (4,151,446) (4,151,446) Issue of performance rights – 545,838 – – 545,838 Performance rights lapsed – (396,930) – 214,620 (182,310) Foreign currency translation reserve – – 3,783,082 – 3,783,082 Balance at 30 June 2025 320,473,026 836,610 2,650,137 (268,033,441) 55,926,331 Issued Capital $ Note 17 Share based payment reserve $ Note 18 Other reserves $ Note 18 Accumulated losses $ Total equity $ Balance at 1 July 2025 320,473,026 836,610 2,650,137 (268,033,441) 55,926,331 Profit after income tax expense for the year – – (50,220,823) (50,220,823) Total comprehensive income for the year, net of tax – – – (50,220,823) (50,220,823) Issue of fully paid ordinary shares 7,000,000 – – – 7,000,000 Share issue costs (422,200) – – – (422,200) Broker’s options issued as placement consideration (129,746) 129,746 – – – Issue of performance rights – 249,343 – – 249,343 Performance rights lapsed – (532,437) – 375,838 (156,599) Foreign currency translation reserve – – (624,399) – (624,399) Balance at 30 June 2026 326,921,080 683,262 2,025,738 (317,878,426) 11,751,654 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 2026 48 Melbana Energy Limited Annual Report 2026
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