Locke Proceedings

Locke Proceedings

AVZ Minerals Limited (AVZ or Company) advises that on 3 July 2025 the Company

was served with a Writ of Summons filed on 26 June 2025 in the Supreme Court of

Western Australia by Locke Capital I LLC against the Company.

Locke claim they are owed transaction fees of USD200,000 and a USD1,000,000

Break Fee, which the Company intends to vigorously defend.

T: + 61 8 6186 7600

F: + 61 8 6118 2106

E: [email protected]

W: www.avzminerals.com.au

This announcement was authorised for release by the board of directors of AVZ

Minerals Limited.

ABN 81 125 176 703

For further information, visit www.avzminerals.com.au or you can contact the

Company via telephone +61 8 6186 7600 or email [email protected]

Directors

Non-Executive Chairman: John Clarke

Managing Director: Nigel Ferguson