Announcement PDF RNS Number : 1280M First Class Metals PLC 18 December 2025 The information contained within this announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The information is disclosed in accordance with the Company's obligations under Article 17 of the UK MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain. FIRST CLASS METALS PLC Issue of Equity& Total Voting Rights First Class Metals PLC ("First Class Metals", "FCM" or the "Company") the UK listed company focused on the discovery of economic metal deposits across its exploration properties in Ontario, Canada, announces it has received a conversion notice in respect of a portion of the Notes* issued pursuant to the Convertible Loan Note instrument announced on 12 November 2025 as detailed below. Notes to be converted: * & ** 50,000 Value of Notes to be converted: £50,000 Date of conversion notice: 16/12/2025 Number of Ordinary shares to be issued to satisfy the conversion 3,711,401 * Notes = 500,000 £1.00 interest-free convertible loan notes ** Using the conversion formula set out in the 12 Nov 2025 announcement Application will be made to the Financial Conduct Authority ("FCA") for admission of the 3,711,401 new ordinary shares to the Official List (Standard Segment), and to the London Stock Exchange for admission to trading on the Main Market for listed securities (together, "Admission"). Admission is expected to occur on or around 23 December 2025. Following Admission, the Company's issued share capital will consist of 237,644,221 ordinary shares of 0.1p each, each with one voting right. The Company does not hold any shares in treasury. Therefore, the total number of voting rights in the Company will be 237,644,221. This figure may be used by shareholders as the denominator for calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules. For further information, please contact: James Knowles, Executive Chair Email: JamesK@Firstclassmetalsplc.com Tel: 07488 362641 Marc J Sale, CEO and Executive Director Email: MarcS@Firstclassmetalsplc.com Tel: 07711 093532 AlbR Capital Limited (Financial Adviser) David Coffman/Dan Harris Website: www.albrcapital.com Tel: (0)20 7469 0930 Axis Capital Markets (Broker) Lewis Jones Website: Axcap247.com Tel: (0)203 026 0449 This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com. RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. END IOEFFEFSAEISEEE