Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Announcement Summary Entity name WESTGOLD RESOURCES LIMITED. Date of this announcement Tuesday November 28, 2023 The +securities the subject of this notification are: +Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX Total number of +securities to be issued/transferred ASX +security code New class - code to be confirmed Security description Performance Rights - Expiring 1 October 2026 Refer to next page for full details of the announcement Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 1/7 Total number of +securities to be issued/transferred Issue date 5,645,937 27/11/2023 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Part 1 - Entity and announcement details 1.1 Name of entity WESTGOLD RESOURCES LIMITED. We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities. 1.2 Registered number type Registration number ABN 60009260306 1.3 ASX issuer code WGX 1.4 The announcement is New announcement 1.5 Date of this announcement 28/11/2023 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 2/7 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Part 2 - Issue details 2.1 The +securities the subject of this notification are: +Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX 2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which: does not have an existing ASX security code ("new class") Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 3/7 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Part 3C - number and type of +securities the subject of this notification (new class) where issue has not previously been notified to ASX in an Appendix 3B ASX +security code +Security description New class - code to be confirmed Performance Rights - Expiring 1 October 2026 +Security type ISIN code Other Date the +securities the subject of this notification were issued 27/11/2023 Will all the +securities issued in this class rank equally in all respects from their issue date? Yes Were any of the +securities issued to +key management personnel (KMP) or an +associate? Yes Provide details of the KMP or +associates being issued +securities. Name of KMP Name of registered holder Number of +securities Wayne Bramwell Lisa Michelle Johnston 760,541 Su Hau Heng Su Hau Heng 264,590 Phillip Wilding Phillip Wilding 304,528 Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. Refer Resolution 9 - Notice of 2022 AGM - https://announcements.asx.com.au/asxpdf/20221024/pdf/45gnm1m4rd1wl4.pd f Refer Resolution 3 - Notice of 2023 AGM (Wayne Bramwell's Performance Rights approval) - https://announcements.asx. com.au/asxpdf/20231020/pdf/05w9xx4vkd14np.pdf Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms Refer Resolution 9 - Notice of 2022 AGM - https://announcements.asx.com.au/asxpdf/20221024/pdf/45gnm1m4rd1wl4.pd f Refer Resolution 3 - Notice of 2023 AGM (Wayne Bramwell's Performance Rights approval) - https://announcements.asx. com.au/asxpdf/20231020/pdf/05w9xx4vkd14np.pdf Any other information the entity wishes to provide about the +securities the subject of this notification Issue of performance rights to the MD (as approved at the 2023 AGM) and key staff. Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 4/7 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Issue details Number of +securities 5,645,937 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 5/7 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Part 4 - +Securities on issue Following the issue, conversion or payment up of the +securities the subject of this application, the +securities of the entity will comprise: (A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.) 4.1 Quoted +Securities (Total number of each +class of +securities quoted) Total number of +securities on issue ASX +security code and description WGX : ORDINARY FULLY PAID 473,622,730 4.2 Unquoted +Securities (Total number of each +class of +securities issued but not quoted on ASX) Total number of +securities on issue ASX +security code and description WGXAG : PERFORMANCE RIGHTS EXPIRING 01-OCT-2025 2,502,309 WGXAF : PERFORMANCE RIGHTS EXPIRING 30-JUN-2024 1,161,058 New class - code to be confirmed : Performance Rights - Expiring 1 October 2026 5,645,937 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 6/7 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Part 5 - Other Listing Rule requirements 5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? Yes 5.1a Select the number of the applicable exception in Listing Rule 7.2 13 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 7/7