Announcement PDF NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES FBR Limited Share Purchase Plan Letter to Shareholders 14 September 2026 Dear Shareholder Opportunity to increase your FBR shareholding through participation in Share Purchase Plan On behalf of the board of FBR Limited (ASX: FBR) (FBR), I am pleased to offer you the opportunity to participate in the FBR Share Purchase Plan (SPP) which was announced via the ASX on 7 September 2026 as part of a $4m capital raising when combined with $1.5m in firm commitments received for a placement of shares to institutional and sophisticated investors (Placement). The SPP seeks to raise a total of $2.5 million (before costs) and provides each eligible FBR shareholder the opportunity to subscribe for new fully paid ordinary shares in the capital of FBR (SPP Shares), subject to a total subscription amount of $30,000 pursuant to the SPP. Eligible shareholders who participate in the SPP are also entitled to one (1) option (SPP Option) for every one (1) SPP Share subscribed for and issued under the SPP (SPP Option Offer). The SPP Options will each be exercisable at $0.14 and will expire on the date that is 5 years after the date of issue. Each SPP Option gives the holder the right to subscribe for one Share upon exercise. The SPP Option Offer is being made under a prospectus which will be made available at the time of the SPP Option Offer and the issue of the SPP Options will be subject to shareholder approval. A copy of the prospectus will be made available online and sent via email or post (as applicable) to eligible shareholders that participated in the SPP. Subscribers under the Placement will also be issued one option for every one share subscribed for and issued under the placement on the same terms as the SPP Options. You will not be required to pay any brokerage or other fees in connection with your participation in the SPP. The SPP is fully underwritten by Alpine Capital Pty Ltd. The issue price of SPP Shares is equal to the lower of A$0.115 (the issue price under the Placement) and a 2.5% discount to the 5-trading day volume weighted average price of FBR shares (VWAP) immediately prior to the closing date of the SPP, rounded down to the nearest 0.1 cent (subject to satisfying the price restrictions in Exception 5 of Listing Rule 7.2) (Offer Price). The fixed price component of the Offer Price represents a 20.9% discount to the last traded price of $0.145 on 2 September 2026, an 18.1% discount to the 5-day VWAP and a 10.9% discount to the 15-day VWAP at which Shares traded on the ASX at that date. Proceeds after costs from the Placement and SPP will provide additional funding to complete Factory Acceptance Testing, commercial demonstrations and further development of the Mantis™ welding robot for additional applications; advance the commercialisation and deployment of the Hadrian® platform; repay short-term debt facilities and provide additional general working capital. Participation by Eligible Shareholders Participation in the SPP is optional and open to all shareholders who were registered as a holder of Shares as at 5:00pm (AWST) on Friday, 4 September 2026 (Record Date) and whose registered address is in Australia or New Zealand and who are not resident or located in the United States, and are not acting for the account or benefit of a person in the United States, or any other jurisdiction in or into which an offer of Shares would be unlawful (Eligible Shareholders). The right to participate in the SPP is not transferable. Certain Eligible Shareholders who are custodians holding Shares on behalf of certain beneficiaries on the Record Date are also invited to participate in the SPP on the terms and conditions set out in the SPP Offer Booklet. How to apply This letter is to notify you that the SPP is now open and to provide you instructions on how to obtain a copy of the SPP Offer Booklet and your personalised Application Form. Full details of the SPP and how to participate are contained in the terms and conditions set out in the SPP Offer Booklet available at the SPP Offer website (www.computersharecas.com.au/fbrspp) and the ASX NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES FBR Limited Share Purchase Plan 14 September 2026 2 FBR Limited (ASX:FBR) | ABN 58 090 000 276 +618 9380 0240 | www.fbr.com.au 88 Sultana Road West, High Wycombe, Western Australia 6057 Announcements Platform under the Company’s code “FBR”. To access the SPP Offer website you will need your SRN or HIN. Payment can be made via BPAY® (for Eligible Shareholders with an eligible Australian bank account) or electronic funds transfer (EFT) for New Zealand investors only, using the instructions on the Application Form. The Board encourages you to read the SPP Offer Booklet carefully and in its entirety, together with announcements made by the Company to ASX, before deciding whether to participate in the SPP. If you would like to participate in the SPP, your application together with payment must be received before the Closing Date (unless varied or extended). Scale back and oversubscriptions The Board reserves the right to reject or scale back any applications in whole or in part at its absolute discretion (Scale Back). If there is a Scale Back you may not receive all the SPP Shares for which you have applied. In the event of a Scale Back, excess funds will be returned to applicants, without interest. Please refer to the SPP Offer Booklet for further information regarding the Scale Back. At this stage, the Company is targeting a maximum amount under the SPP of $2,500,000 (before costs). However, the Company reserves the right to accept oversubscriptions, subject to compliance with the ASX Listing Rules and Corporations Act 2001 (Cth) in its sole and absolute discretion. Key dates Event Date Record Date Friday, 4 September 2026 Announcement Date Monday, 7 September 2026 SPP Offer Booklet made available to Eligible Shareholders / Offer Opens Monday, 14 September 2026 Offer closes 5:00pm (AWST) on Friday, 25 September 2026 Issue of SPP Shares Friday, 2 October 2026 Commencement of trading of SPP Shares Monday, 5 October 2026 Shareholder meeting to approve the issue of the SPP Options November 2026 Lodgement of Prospectus and issue of SPP Options November 2026 The above dates are indicative only and are subject to change. FBR may, in its discretion, vary any of the above dates by lodging a revised timetable with ASX. Enquiries If you are unable to access the SPP offer website to download the SPP Offer Booklet or Application Form, please contact the Company on (08) 9380 0240 between 8:00am and 4:00pm (AWST), Monday to Friday, during the Offer Period. Yours faithfully, Mark Pivac Chief Executive Officer NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES FBR Limited Share Purchase Plan 14 September 2026 FBR LIMITED - SHARE PURCHASE PLAN OFFER BOOKLET YOU SHOULD READ THIS BOOKLET IN FULL This Share Purchase Plan (SPP) Offer Booklet (Booklet) contains important information. You should read this Booklet in full and seek advice from your stockbroker, accountant or other professional adviser if you have any questions about your investment in FBR Limited (FBR) or about the impact of the transactions contemplated in this Booklet. This Booklet does not provide financial advice and has been prepared without taking into account your personal circumstances, objections, financial situation or needs. This Booklet has been prepared for informational purposes only and is not intended to amount to financial product advice or a recommendation in relation to any investments or securities. You should not rely on it to make investment decisions. This Booklet contains general factual information only and has not been independently verified. Any opinions or information expressed in the Booklet is subject to change without notice. If you apply for fully paid ordinary shares in the capital of FBR (Shares) under the SPP, there is a risk that the market price of Shares may change between the date you apply for Shares under the SPP and the date on which the Shares are issued to you under the SPP. This means there is a risk that FBR’s market price at the time the Shares under the SPP are issued will be less than the price at which Shares are issued under the SPP. By applying for Shares under the SPP, you will be acknowledging and accepting this risk. If you have any questions in relation to how to participate in the SPP after reading this Booklet, please contact the Company on (08) 9380 0240 (within Australia) or +61 8 9380 0240 (outside Australia) between 8:00am and 4:00pm (AWST), Monday to Friday, between Monday, 14 September 2026 and Friday 25 September 2026. This Booklet is not for release or distribution outside of Australia and New Zealand. NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES FBR Limited Share Purchase Plan 14 September 2026 2 FBR Limited (ASX:FBR) | ABN 58 090 000 276 +618 9380 0240 | www.fbr.com.au 88 Sultana Road West, High Wycombe, Western Australia 6057 Dear Shareholder On behalf of the Directors, I am pleased to offer you the opportunity to participate in FBR Limited’s (FBR or the Company) Share Purchase Plan (SPP) which was announced on 7 September 2026. The SPP provides each eligible FBR shareholder the opportunity to subscribe for new fully paid ordinary shares in the capital of FBR (SPP Shares), subject to a total subscription amount of $30,000 pursuant to this SPP and any prior share purchase plan or similar arrangement undertaken by FBR in the past 12 months. Eligible shareholders who participate in the SPP are also entitled to one (1) option (SPP Option) for every one (1) SPP Share subscribed for and issued under the SPP (SPP Option Offer). The SPP Options are to be in the same class as the Placement Options with each exercisable at $0.14 and expiring on the date that is 5 years after the date of issue. Each SPP Option gives the holder the right to subscribe for one Share upon exercise. The SPP Option Offer is being made under a prospectus which will be made available at the time of the SPP Option Offer and the issue of the SPP Options will be subject to shareholder approval. A copy of the prospectus will be made available online and sent via email or post (as applicable) to eligible shareholders that participated in the SPP. You will not be required to pay any brokerage or other fees in connection with your participation in the SPP. The SPP seeks to raise a total of $2.5 million. FBR reserves the right to accept oversubscriptions subject to compliance with the Listing Rules and Corporations Act and may scale back applications under the SPP in its absolute discretion. The SPP is fully underwritten by Alpine Capital Pty Ltd (Underwriter). Any shortfall under the SPP will be placed by the Underwriter using the Company’s placement capacity under Listing Rules 7.1 and 7.1A and thereafter subject to shareholder approval. As announced on 7 September 2026, FBR received firm commitments to raise $1.5 million by way of an issue of fully paid ordinary shares in the capital of FBR (Placement Shares) at an issue price of $0.115 per Share (Placement) as part of a private placement to institutional and sophisticated investors scheduled to be settled prior to the opening date of the SPP Offer using the Company’s available placement capacity pursuant to Listing Rules 7.1 and 7.1A. The Placement also includes one (1) free option exercisable at $0.14 on or before the date that is five years following the date of issue (Placement Options) for every one (1) share issued under the Placement. The Placement Options will be offered under a separate options prospectus and their issue remains subject to shareholder approval. The Company intends to seek quotation of the Placement Options subject to meeting ASX requirements for quotation. Proceeds after costs from the Placement and SPP will provide additional funding to complete Factory Acceptance Testing, commercial demonstrations and further development of the Mantis™ welding robot for additional applications; advance the commercialisation and deployment of the Hadrian® platform; repay short-term debt facilities and provide additional general working capital. This SPP gives you an opportunity to increase your holding in FBR by subscribing for SPP Shares on similar terms as the Placement, being an issue price per SPP Share equal to the lower of: • A$0.115 (the issue price under the Placement); and • a 2.5% discount to the 5-trading day volume weighted average price of FBR shares (VWAP) immediately prior to the closing date of the SPP, rounded down to the nearest 0.1 cent (subject to satisfying the price restrictions in Exception 5 of Listing Rule 7.2), (Offer Price). NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES FBR Limited Share Purchase Plan 14 September 2026 3 FBR Limited (ASX:FBR) | ABN 58 090 000 276 +618 9380 0240 | www.fbr.com.au 88 Sultana Road West, High Wycombe, Western Australia 6057 The fixed price component of the Offer Price represents a 20.9% discount to the last traded price of $0.145 on 2 September 2026, a 18.1% discount to the 5-day VWAP and a 10.9% discount to the 15-day VWAP at which Shares traded on the ASX up to that date. You may apply for a parcel of SPP Shares valued at any amount in multiples as set out in the Application Form between $1,000 and $30,000. Applications may be scaled back in the discretion of FBR and FBR reserves the right to close the SPP early without notice. FBR Directors are eligible to participate in the SPP and FBR’s Chief Executive Officer, Mark Pivac and Chief Operating Officer, Kiel Chivers, have both indicated their intention to participate in the SPP. The terms and conditions of the SPP are set out in this Booklet. Please read these materials in their entirety and seek your own financial and taxation advice in relation to the SPP before deciding whether to participate. The SPP opens on Monday, 14 September 2026 and is expected to close on Friday, 25 September 2026 at 5:00pm (AWST), unless varied in accordance with this Booklet. SPP Shares are expected to commence trading on ASX on Monday, 5 October 2026. On behalf of the Board, I thank you for your continued support. Yours sincerely, Shannon Robinson Non-Executive Chair NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES FBR Limited Share Purchase Plan 14 September 2026 4 FBR Limited (ASX:FBR) | ABN 58 090 000 276 +618 9380 0240 | www.fbr.com.au 88 Sultana Road West, High Wycombe, Western Australia 6057 KEY OFFER INFORMATION FBR Limited (ACN 090 000 276) (FBR or Company) wishes to implement a Share Purchase Plan (Plan or SPP). The Plan offers eligible shareholders the ability to subscribe for $1,000, $2,500 or thereafter in $2,500 increments up to a maximum of $30,000 worth of fully paid ordinary shares in the Company (SPP Shares) at an issue price per SPP Share of the lower of A$0.115 and a 2.5% discount to the 5-trading day volume weighted average price of FBR shares (VWAP) immediately prior to the closing date of the SPP, rounded down to the nearest 0.1 cent (subject to satisfying the price restrictions in Exception 5 of Listing Rule 7.2) (Offer Price) on the terms and conditions set out in this Booklet (Offer). Eligible shareholders are those registered as a holder of fully paid ordinary shares in the Company (Shares), with a registered address in Australia or New Zealand as at 5.00pm (AWST) on Friday, 4 September 2026 (Eligible Shareholder). Eligible Shareholders who participate in the Offer are also entitled to one (1) option (SPP Options) for every one (1) SPP Share subscribed for and issued under the SPP (SPP Option Offer). Each SPP Option will be exercisable at $0.14 and will expire on the date that is 5 years after the date of issue. Each SPP Option gives the holder the right to subscribe for one Share upon exercise. The SPP Option Offer is being made under a prospectus and their issue remains subject to shareholder approval. A copy of the prospectus will be made available online and sent via email or post (as applicable) to Eligible Shareholders that participated in the SPP. Key Dates Event Date Record Date Friday, 4 September 2026 Announcement Date Monday, 7 September 2026 Booklet made available to Eligible Shareholders Offer Opens Monday, 14 September 2026 Offer closes 5:00pm (AWST) on Friday, 25 September 2026 Issue of SPP Shares Friday, 2 October 2026 Commencement of trading of SPP Shares Monday, 5 October 2026 Shareholder meeting to approve the issue of the SPP Options November 2026 Lodgement of Prospectus and issue of SPP Options November 2026 The above dates are indicative only and are subject to change. FBR may, in its discretion, vary any of the above dates by lodging a revised timetable with ASX. NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES FBR Limited Share Purchase Plan 14 September 2026 5 FBR Limited (ASX:FBR) | ABN 58 090 000 276 +618 9380 0240 | www.fbr.com.au 88 Sultana Road West, High Wycombe, Western Australia 6057 Key Information You should read this section in conjunction with the Terms and Conditions which commence on page 8 of this Booklet What is the SPP? The SPP is an offer to Eligible Shareholders to each subscribe for up to $30,000 worth of SPP Shares without brokerage or other transaction costs to raise up to $2.5 million (before costs) under the SPP. Under the SPP, Eligible Shareholders may each apply for SPP Shares in parcels valued at a minimum of $1,000 up to a maximum of $30,000 in multiples set out in clause 4.1 of the Terms and Conditions. Applications may be scaled back in the discretion of FBR. Eligible Shareholders who participate in the SPP are also entitled to one option (SPP Option) for every one SPP Share subscribed for and issued under the SPP (SPP Option Offer). Each SPP Option will be exercisable at $0.14 and will expire on the date that is 5 years after the date of issue of the SPP Option. Each SPP Option gives the holder the right to subscribe for one Share upon exercise. The SPP Option Offer is not being made under this Booklet. The SPP Option Offer will be made under a separate prospectus which will be made available online and sent via email or post (as applicable) to Eligible Shareholders that participated in the SPP. Do I have to participate? No, participation in the SPP is completely voluntary. Before making a decision to participate in the SPP, you should consult your financial and other professional advisers. If you do not wish to participate in the SPP, you do not need to do anything and the offer to participate in the SPP will lapse at 5:00pm (AWST) on Friday, 25 September 2026 (unless varied by FBR in accordance with this Booklet). Who is eligible to participate in the SPP? Shareholders with a registered address in either Australia or New Zealand as at 5:00pm (AWST) on Friday, 4 September 2026 are eligible to participate in the SPP. Is the SPP underwritten? Yes, the SPP is fully underwritten by Alpine Capital Pty Ltd (Underwriter). Can a third party participate in the SPP in my place? No, the offer to participate in the SPP is non-renounceable and cannot be transferred to a third party. How much can I invest under the SPP? The maximum investment under the SPP is $30,000. You may apply to purchase a parcel valued at $1,000, $2,500, $5,000, $7,500, $10,000, $12,500, $15,000, $17,500, $20,000, $22,500, $25,000, $27,500 or $30,000. If FBR receives an application for an amount of SPP Shares that is not equal to one of the above parcels, or a subscription of over $30,000 worth of SPP Shares, by an Eligible Shareholder, FBR may either: NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES FBR Limited Share Purchase Plan 14 September 2026 6 FBR Limited (ASX:FBR) | ABN 58 090 000 276 +618 9380 0240 | www.fbr.com.au 88 Sultana Road West, High Wycombe, Western Australia 6057 • reject the application and refund in full any application monies (without interest); or • round down the dollar amount of SPP Shares that are applied for to the next lower parcel, and refund the balance of any application monies (without interest). How do I apply? If you wish to participate in the SPP, you must apply online on the Offer website at www.computersharecas.com.au/fbrspp and follow the instructions to access your personalised Application Form online. You will need to do either of the following set out below: Option 1: Eligible Shareholders with a registered address in Australia should pay via BPAY®. You can make a payment by BPAY®. To do this, you must use the specific biller code and unique reference number (used to identify your holding) shown on your personalised Application Form (accessible online at the SPP website: www.computersharecas.com.au/fbrspp). BPAY® payments must be made from an Australian dollar account of an Australian financial institution. If you use this method, you should be aware of your financial institution’s cut- off time (the time payment must be made by to be processed overnight). It is your responsibility to ensure funds are submitted correctly by the Closing Date and time. If you are unable to pay via BPAY® or access the website to complete the online application, please contact the Company between 8:00am and 4:00pm (AWST) Monday to Friday, on (08) 9380 0240 (within Australia) or +61 9380 0240 (outside Australia), to obtain a personalised Application Form. Option 2: Eligible Shareholders with a registered address in New Zealand or who are unable to pay by BPAY®, you may elect to make payment by electronic funds transfer (EFT). Your personalised Application Form is available at www.computersharecas.com.au/fbrspp. Please follow the instructions on the Application Form for details on how to pay by EFT. What are the rights attached to SPP Shares? SPP Shares will rank equally with all other Shares as at the date of issue. What do I do if I am a Custodian? The SPP is being extended to Eligible Shareholders who are Custodians and who wish to apply for SPP Shares on behalf of certain Eligible Beneficiaries. The SPP is being offered to Custodians as the registered Eligible Shareholders. Custodians are not required to participate on behalf of their Eligible Beneficiaries. If you wish to apply as a Custodian under the SPP to NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES FBR Limited Share Purchase Plan 14 September 2026 7 FBR Limited (ASX:FBR) | ABN 58 090 000 276 +618 9380 0240 | www.fbr.com.au 88 Sultana Road West, High Wycombe, Western Australia 6057 receive SPP Shares for one or more Eligible Beneficiaries, you must complete and submit an additional “Custodian Certificate” that contains further certifications and details (as required under the terms of ASIC Corporations (Share and Interest Purchase Plans) Instrument 2019/547) before your application will be accepted. Application by Custodians that are not accompanied by a duly completed Custodian Certificate will be rejected. By applying as a Custodian on behalf of Eligible Beneficiaries to purchase SPP Shares, you certify (amongst other things) that each Eligible Beneficiary’s aggregate participation in the SPP does not exceed the $30,000 limit. Please refer to clause 6.2 of the Terms and Conditions for further details on how to apply as a Custodian. When can I trade my SPP Shares? You can trade SPP Shares after the date the SPP Shares are allotted, expected to be Monday, 5 October 2026. Where can I get more information on the SPP? If you have any questions in relation to how to participate in the SPP, please contact the Company on (08) 9380 0240 (within Australia) or +61 8 9380 0240 (outside Australia) between 8:00am and 4:00pm (AWST), Monday to Friday, during the Offer Period or consult your financial or other professional adviser. If you have any questions in relation to whether an investment in FBR through the SPP is appropriate for you, please contact your stockbroker, accountant or other professional adviser. What will happen if the SPP is oversubscribed? The SPP seeks to raise $2.5 million (before costs). FBR may decide to accept applications (in whole or in part) that result in the SPP raising less or more than this amount, in its absolute discretion. FBR may, in its absolute discretion, scale back the number of SPP Shares that will be allotted to individual Shareholders under this SPP. In the event of a scale back, FBR may in its absolute discretion determine to apply the scale back to the extent and in the manner it sees fit, which may include taking into account a number of factors, including but not limited to, each applicant’s shareholding as at the Record Date, or each applicant’s proportional share of the applicant pool. However, the exact scale back method will be at the discretion of the Board. What will happen if the SPP is undersubscribed? As the SPP is fully underwritten by the Underwriter, in the event that less than $2.5 million is applied for by Eligible Shareholders under the SPP, the Underwriter will subscribe for, or procure subscriptions for, the shortfall. Any shortfall under the SPP will be placed using the Company’s placement capacity under Listing Rules 7.1 and 7.1A and thereafter be subject to shareholder approval. What is the issue price of the SPP Shares? The Offer Price is the lower of: • A$0.115; and • a 2.5% discount to the 5-trading day volume weighted average price of FBR shares (VWAP) immediately prior to the closing date of the SPP, rounded down to the nearest 0.1 cent (subject to satisfying the price restrictions in Exception 5 of Listing Rule 7.2). The fixed component of the Offer Price represents a 20.9% discount to the last traded price of $0.145 on 2 September 2026, a 18.1% discount to the 5- NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES FBR Limited Share Purchase Plan 14 September 2026 8 FBR Limited (ASX:FBR) | ABN 58 090 000 276 +618 9380 0240 | www.fbr.com.au 88 Sultana Road West, High Wycombe, Western Australia 6057 day VWAP and a 10.9% discount to the 15-day VWAP at which Shares traded on the ASX up to that date. There is a risk that the market price of Shares may rise or fall between the date of this Booklet and the time of issue of the SPP Shares under the SPP. This means that the price you pay for SPP Shares issued to you under the SPP may be less than or exceed the market price of Shares on the allotment date. Consequently, it is possible that, between the time you make your application and up to or after the allotment date, you may be able to buy Shares on market at a lower price that the Offer Price. Accordingly, you should monitor FBR’s announcements and its share price, which can be found on its website at https://www.fbr.com.au/ and on the ASX website https://www.asx.com.au/ (ASX code: FBR). You should be aware that your application, once made, is unconditional and cannot be withdrawn even if the market price of Shares is less than the Offer Price. What is the SPP Option Offer? The SPP Option Offer entitles Eligible Shareholders who participate in the SPP to be issued one SPP Option for every one SPP Share subscribed for and issued under the SPP. The SPP Option Offer is not being made under this Booklet. The SPP Option Offer will be made under a separate prospectus which will be made available online and sent via email or post (as applicable) to Eligible Shareholders that participated in the SPP. Further information in relation to the SPP Option Offer including how to apply and when the SPP Options will be issued will be set out in the prospectus. Are there any other terms and conditions attached to the SPP? The terms and conditions relating to the SPP are set out in full from page 10 of this Booklet onwards. Please read the Terms and Conditions carefully, as you will be bound by them in participating in the Offer. How much can I invest if I have multiple holdings? The maximum investment for each Eligible Shareholder is $30,000. If you receive more than one Offer (eg. due to multiple registered holdings), you may only apply for a parcel of SPP Shares with an aggregate value of $30,000 across all of those Offers. For example, you may apply for one maximum parcel of $30,000 for one holding, or alternatively, apply for parcels of SPP Shares across multiple holdings so long as the aggregate total amount applied for across those holdings does not exceed $30,000. How many SPP Shares will I receive? You may apply for a parcel of SPP Shares in the multiples set out in clause 4 of the Terms and Conditions. In the absence of a scale back, the number of SPP Shares to be issued to you will be calculated by dividing your chosen application amount by the Offer Price, with any resulting fractions of an SPP Share rounded down to the nearest whole number of SPP Shares. NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES FBR Limited Share Purchase Plan 14 September 2026 9 FBR Limited (ASX:FBR) | ABN 58 090 000 276 +618 9380 0240 | www.fbr.com.au 88 Sultana Road West, High Wycombe, Western Australia 6057 When will I receive my SPP Shares? Subject to FBR’s right (in its absolute discretion) to vary the indicative timetable, SPP Shares will be allotted on the allotment dated (Friday, 2 October 2026). What are the risks associated with the Company? There are a number of factors which may affect the development, future operational and financial performance and/or financial position of FBR, its prospects or the value of the SPP Shares. Many of the circumstances giving rise to these risks are beyond the control of FBR, the directors or its management. The Offer is being made without a prospectus or other disclosure document pursuant to the ASIC Corporations (Share and Interest Purchase Plans) Instrument 2019/547. Additionally, there may be other risks (including financial and taxation risks) that investors should consider in light of their own personal circumstances. Potential investors should consider an investment in SPP Shares as speculative and should consult their professional advisor befo