A call with Investor Relations, page-62

ENSURING SHAREHOLDERS ARE PROTECTED

I am writing as a shareholder of FBR Limited to formally request the postponement of the Extraordinary General Meeting scheduled for May 6, 2025.

This request is made in good faith and in the interest of ensuring that shareholders — particularly retail investors who appear to hold a majority of shares — are able to make fully informed decisions.

POSTPONING THE 5/6/2025 TO GET CLARITY ON RECENT EVENTS & PROTECT TRANSFER OF (IP)

• The company has not provided sufficient answers regarding the Fidelity share allocation, rationale, strategic impact.

• There has been no explanation for the abrupt resignation of former CEO Mike Pivac, a co-founder and technical lead at a pivotal time. (Stock sale prior to drop in price)

• There are ongoing questions regarding the protection and potential transfer of core intellectual property.

• The company has declined to allow and address general business discussion or a Q&A at the 5/6/2025 meeting.

• An ASIC complaint has been filed regarding these issues and is pending review.

Given the strategic and financial implications of the resolutions being voted on, and the recent lack of transparency, I have respectfully request the EGM be postponed until:

• Shareholders are provided complete and clear disclosure regarding IP safeguards;

• Questions submitted to management are answered publicly;

• A reasonable forum for open discussion (including virtual attendance) is made available.

I am gathering support from shareholders of FBR Limited (ASX: FBR) to initiate a Special Resolution under Section 249N of the Corporations Act 2001 (Cth). The goal is to ensure that any sale, transfer, or licensing of FBR’s core intellectual property (including Hadrian X and related patents)cannot be completed without approval by 75% of voting shareholders. This resolution is aimed at protecting shareholder value and increasing transparency during a time of major restructuring, dilution, and executive turnover. All information provided will be kept confidential and used only to verify shareholder support and coordinate next steps. I am also requesting for the 5/6/2025 meeting be postponed until shareholders are properly informed regarding the recent significant activity that is occuring.

If you believe the IP is FBR’s most valuable asset and should not be transferred without oversight — please complete the following form.

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