Melbana Energy Limited Annual Report 2026

Note 29. Reconciliation of loss after income tax to net cash used in operating activities 30-June-26 $ 30-June-25 $ Profit/(Loss) after income tax expense for the year (50,220,823) (4,151,446) Adjustments for: Interest income (45,397) (235,468) Depreciation and amortisation 196,554 5,892 Impairment loss 35,739,556 – Share-based payments 92,744 281,218 Foreign exchange differences 5,832 329,559 Inventory write down Block 9 10,765,842 – Change in operating assets and liabilities: (Increase)/decrease in other receivables (75,796) 100,232 Decrease in prepayments 59,666 5,676 (Decrease) in trade and other payables (65,759) (302,468) Increase/(decrease) in provisions (439,898) 343,185 Net cash used in operating activities (3,987,479) (3,623,620) Note 30. Earnings per share 30-June-26 $ 30-June-25 $ Profit/(loss) after income tax attributable to the owners of Melbana Energy Limited (50,220,823) (4,151,446) Weighted average number of ordinary shares used in calculating basic earnings per share 3,714,096,286 3,370,204,104 Weighted average number of ordinary shares used in calculating diluted earnings per share 3,714,096,286 3,416,218,473 Cents Cents Basic earnings per share (1.35) (0.12) Diluted earnings per share15 (1.35) (0.12) 75 Melbana Energy Limited Annual Report 2026

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