Ann: Daydream-2 Stimulation Program Successfully Concluded, page-13

Excellent news nomechanical issues this time by the looks.

A couple of key points in bold

TheDaydream-2 well has now been successfully stimulated in six separate zones– the Lorelle
Sandstone (which as per ASX announcement dated 16 August 2024 has recently successfully flowed
gas); three sandstones above this; and, two coal zones.

Operationsare now turning to the flow testing phase. Elixir’s aims in this next phase are to:
1. Use various techniques to confirm a separate flow of gas from the coals – hence allowing the
commencement of a process of converting what are currently prospective resources into contingent resources.

Well done Team