Announcement PDF Appendix 3H - Notification of cessation of securities Appendix 3H - Notification of cessation of securities 1 / 4 Announcement Summary Entity name INVESTIGATOR SILVER LIMITED Announcement Type New announcement Date of this announcement Wednesday December 24, 2025 Details of +securities that have ceased ASX +security code Security description Number of +securities that have ceased The +securities have ceased due to Date of cessation IVRAAC OPTION EXPIRING 19-DEC-2025 EX $0.076 25,844,655 Expiry of option or other convertible security without exercise or conversion 19/12/2025 Refer to next page for full details of the announcement Appendix 3H - Notification of cessation of securities Appendix 3H - Notification of cessation of securities 2 / 4 Part 1 - Announcement Details 1.1 Name of +Entity INVESTIGATOR SILVER LIMITED We (the entity named above) provide the following information about our issued capital. 1.2 Registered Number Type ACN Registration Number 115338979 1.3 ASX issuer code IVR 1.4 The announcement is 1.5 Date of this announcement 24/12/2025 New announcement Appendix 3H - Notification of cessation of securities Appendix 3H - Notification of cessation of securities 3 / 4 Part 2 - Details of +equity securities or +debt securities that have ceased ASX +Security Code and Description IVRAAC : OPTION EXPIRING 19-DEC-2025 EX $0.076 Unquoted +equity securities that have ceased Number of securities that have ceased 25,844,655 Reason for cessation Expiry of option or other convertible security without exercise or conversion Date of cessation 19/12/2025 Is the entity paying any consideration for the cessation? Any other information the entity wishes to notify to ASX about the cessation? No Appendix 3H - Notification of cessation of securities Appendix 3H - Notification of cessation of securities 4 / 4 Part 3 - Issued capital following changes Following the cessation of the +securities the subject of this notification, the issued capital of the entity will comprise: The figures in parts 3.1 and 3.2 below are automatically generated and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX for processing. 3.1 Quoted +equity securities and +debt securities (total number of each +class of +securities quoted on ASX) ASX +security code and description Total number of +securities on issue IVR : ORDINARY FULLY PAID 1,980,411,641 IVROB : OPTION EXPIRING 24-MAR-2028 467,374,590 3.2 Unquoted +equity securities (total number of each +class of +equity securities issued but not quoted on ASX) ASX +security code and description Total number of +securities on issue IVRAAC : OPTION EXPIRING 19-DEC-2025 EX $0.076 0 IVRAAE : OPTION EXPIRING 01-MAR-2028 EX NIL 2,500,000 IVRAD : PERFORMANCE RIGHTS 35,636,364 IVRAE : OPTION EXPIRING 04-DEC-2028 EX $0.0825 4,000,000 Note: the figures stated in the tables above are used to calculate the total market capitalisation of the entity published by ASX from time to time. The table will not include those classes of +securities that have ceased or lapsed in their entirety in ASX records before the announcement date described in Q1.5, even if the entity has advised ASX of a change to that class of +security in Part 2 of this form.