ASX Announcement | 28 November 2025 Variscan Mines Limited (ASX:VAR) RESULTS OF ANNUAL GENERAL MEETING Variscan Mines Limited (“Variscan” or the “Company”) advises that all resolutions put to shareholders at today’s Annual General Meeting were passed on a poll. The details of the voting are set out in Appendix A. Details of Proxies received In accordance with Section 251AA(1) of the Corporations Act, a schedule of valid proxies received for the meeting is set out in Appendix B. This announcement has been approved for release by Mr Mark Pitts, Company Secretary, Variscan Mines Limited. For further information, please contact: Variscan Mines Limited (ASX:VAR) Stewart Dickson Managing Director & CEO E: stewart.dickson@variscan.com.au T: +44 (0) 7799 694195 Media & Investor Enquiries Jane Morgan Management Chloe Hayes E: chloe@janemorganmanagement.com.au P: +61 (0) 405 555 618 About Variscan Mines Limited (ASX:VAR) Variscan Mines Limited (ASX:VAR) is a growth oriented, natural resources company focused on the acquisition, exploration and development of high-quality strategic mineral projects. Its primary focus is the development of its advanced zinc projects in Spain. The Company’s name is derived from the Variscan orogeny, which was a geologic mountain building event caused by Late Paleozoic continental collision between Euramerica (Laurussia) and Gondwana to form the supercontinent of Pangea. To learn more, please visit: www.variscan.com.au For more information Follow us on LinkedIn Follow us on X (formerly Twitter) Visit our investor website: www.variscan.com.au Page | 2 RESULTS OF THE MEETING APPENDIX A Resolution For Against Excluded/ Result Abstain 1 Adoption of Remuneration Report 444,200,999 81,658,413 81,494,743 Passed 84.47% 15.53% 2 Re-Election of Mr Anthony Wehby 597,301,078 10,053,077 - Passed 98.34% 1.66% 3 Approval of 7.1A Mandate 532,931,846 74,380,494 41,815 Passed 87.75% 12.25% 4 Renewal of Proportional Takeover Provisions in the Constitution 588,319,077 19,035,078 - Passed 96.87% 3.13% 5 Approval to Issue Securities under an Incentive Plan 444,175,999 89,099,664 74,078,492 Passed 83.29% 16.71% 6 Increase in Total Remuneration for Non-Executive Directors 436,165,904 97,109,759 74,078,492 Passed 81.79% 18.21% 7 Approval of Earn-in and JV Agreement 346,841,279 95,310,510 165,202,366 Passed 78.44% 21.56% 8 Approval to Issue Securities to ZincCo 353,053,041 89,098,748 165,202,366 Passed 79.85% 20.15% Page | 3 SCHEDULE OF PROXIES RECEIVED FOR THE MEETING APPENDIX B Resolution For Against Discretionary Excluded/ Abstain 1 Adoption of Remuneration Report 444,150,964 81,658,413 50,035 72,827,931 2 Re-Election of Mr Anthony Wehby 588,584,231 10,053,077 50,035 - 3 Approval of 7.1A Mandate 524,214,999 74,380,494 50,035 41,815 4 Renewal of Proportional Takeover Provisions in the Constitution 579,602,230 19,035,078 50,035 - 5 Approval to Issue Securities under an Incentive Plan 444,125,964 89,099,664 50,035 65,411,680 6 Increase in Total Remuneration for Non- Executive Directors 436,115,869 97,109,759 50,035 65,411,680 7 Approval of Earn-in and JV Agreement 338,124,432 95,310,510 50,035 165,202,366 8 Approval to Issue Securities to ZincCo 344,336,194 89,098,748 50,035 165,202,366