Annual report
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Oakajee Corporation Limited ABN 79 123 084 453 Annual Report for the year ended 30 June 2026
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Oakajee Corporation Limited Corporate directory 30 June 2026 1 Directors Mr Mark Jones - Managing Director Mr Garry Thomas - Non-Executive Director Mr Gary Watson - Non-Executive Director Mr Douglas Rose - Non-Executive Director Joint company secretaries Mr Henko Vos Mrs Geraldine Holland Registered office and principal 39 Clifton Street place of business Nedlands WA 6009 Telephone: +61 8 9389 6032 Facsimile: +61 8 9389 8226 Share register Automic Group Pty Ltd Level 5, 126 Phillip Street Sydney NSW 2000 Auditor HLB Mann Judd Level 4, 130 Stirling Street Perth WA 6000 Securities exchange listing Oakajee Corporation Limited shares are listed on the Australian Securities Exchange (ASX:OKJ)
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Oakajee Corporation Limited Contents 30 June 2026 2 Directors' report 3 Auditor's independence declaration 17 Consolidated statement of profit or loss and other comprehensive income 18 Consolidated statement of financial position 19 Consolidated statement of changes in equity 20 Consolidated statement of cash flows 21 Notes to the consolidated financial statements 22 Consolidated entity disclosure statement 38 Directors' declaration 39 Independent auditor's report 40 ASX additional information 45
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Oakajee Corporation Limited Directors' report 30 June 2026 3 The directors present their report, together with the financial statements, on the consolidated entity (referred to hereafter as the 'Group') consisting of Oakajee Corporation Limited (referred to hereafter as the 'Company' or 'parent entity') and the entities it controlled at the end of, or during, the year ended 30 June 2026. Directors The following persons were directors of Oakajee Corporation Limited during the whole of the financial year and up to the date of this report, unless otherwise stated: Mr Mark Jones Mr Garry Thomas Mr Gary Watson Mr Douglas Rose Principal activities During the financial year the principal continuing activities of the Group consisted of exploration and development activities in Australia. Review of operations The loss for the Group after providing for income tax amounted to $543,170 (30 June 2025: $528,690). During the period, Oakajee Corporation Ltd (Oakajee, OKJ or the Company) continued with the regional exploration of its Paynes Find project in Western Australia. Figure 1 - Paynes Find Project location.
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Oakajee Corporation Limited Directors' report 30 June 2026 4 Paynes Find Project – Western Australia Oakajee Corporation Ltd (“Oakajee” or “the Company”) completed Aircore (AC) drilling in October 2025 at the Paynes Find Gold Project in Western Australia. A total of 28 drill holes were completed to follow up and extend previously intersected gold mineralisation at the Paynes Find South target (refer ASX Announcements 19th February 2024 and 6th October 2025). The program revealed a new gold mineralised shear zone on the western side of the drilling. This zone is along an NNW trending interpreted mafic / felsic contact concealed beneath about 20m of lake clay and gravel. Figure 2 - Paynes Find tenure and drill-hole collars over magnetic Image-tmirtp1vd.
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Oakajee Corporation Limited Directors' report 30 June 2026 5 AC Drilling Program Two lines of 50m spaced drill holes were completed 300m and 500m further south. A new gold mineralisation zone (925ppb Au, PFAC122 and 100ppb Au, PFAC 123) associated with sheared mafic rocks was intersected on the western end of the drill line (Figure 3). The mineralisation is interpreted to strike NNW and to be close to granite contact which is thought to be immediately to the west. The mineralisation is currently open to the north, south and west. The target strike length is about 2km concealed beneath up to 20m of lake clay and gravel (Figure 4). Figure 3 - Aircore drill-hole collars coloured by Au ppb over TMI1VD magnetic image.
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Oakajee Corporation Limited Directors' report 30 June 2026 6 Figure 4 - Aircore drill-hole collars coloured by Au ppb over a terrain image.
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Oakajee Corporation Limited Directors' report 30 June 2026 7 Table 1 - Gold results >100ppb Hole ID From (m) To (m) Interval (m) Au ppb Pathfinder element association Geology PFAC103 44 48 4 120 Bi-Cu Lower saprolite gabbro PFAC104 36 40 4 498 As-Bi-Cu-Co-W Lower saprolite gabbro PFAC106 32 35 EOH 3 352 Cu-Co Massive weakly oxidised gabbro PFAC122 36 40 5 925 Bi-Cu-Co Saprolite sheared basalt PFAC123 56 57 EOH 1 100 Bi-Cu Weakly oxidised moderately sheared basalt PFAC124 16 20 4 159 As-Cu-Co-W Silcrete and saprolite gabbro PFAC125 24 28 4 326 Cu -W Silcrete and saprolite gabbro Table 2 - AC Drillhole Collars HoleID GDA E GDA N RL Incl Azm Depth PFAC103 566271 6760295 333 -60 90 56 PFAC104 566222 6760297 334 -60 90 56 PFAC105 566175 6760295 335 -60 90 60 PFAC106 566076 6760299 331 -60 90 35 PFAC107 566022 6760297 327 -60 90 52 PFAC108 566554 6760109 302 -60 90 45 PFAC109 566504 6760099 329 -60 90 41 PFAC110 566455 6760097 331 -60 90 36 PFAC111 566223 6760102 328 -60 90 41 PFAC112 566175 6760104 327 -60 90 33 PFAC113 566123 6760094 324 -60 90 39 PFAC114 566680 6759800 320 -60 90 36 PFAC115 566627 6759795 330 -60 90 48 PFAC116 566584 6759795 329 -60 90 39 PFAC117 566529 6759797 330 -60 90 43 PFAC118 566476 6759801 332 -60 90 48 PFAC119 566428 6759798 332 -60 90 53 PFAC120 566375 6759802 330 -60 90 42 PFAC121 566326 6759801 327 -60 90 43 PFAC122 566275 6759805 331 -60 90 45 PFAC123 566229 6759799 332 -60 90 57 PFAC124 566655 6759596 332 -60 90 42 PFAC125 566606 6759599 332 -60 90 33 PFAC126 566553 6759603 340 -60 90 45 PFAC127 566502 6759603 336 -60 90 46 PFAC128 566448 6759600 331 -60 90 57 PFAC129 566403 6759601 332 -60 90 45 PFAC130 566351 6759602 334 -60 90 42
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Oakajee Corporation Limited Directors' report 30 June 2026 8 Following the end of the period, the Company completed a successful follow -up AC drilling campaign test strike extensions. Results were released to ASX on 28 September 2026 and planning for a more extensive drilling program will commence shortly. Compliance Statement The information in this report that relates to Exploration Results is based on information compiled by Mr Reginald Beaton who is a Member of the Australian Institute of Geoscientists. Mr Beaton is an employee of Oakajee Corporation Limited and has sufficient experience which is relevant to the style of mineralisation under consideration to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr Beaton consents to the inclusion in the report of the matters based on the information compiled by him, in the form and context in which it appears. All technical information in this report has previously been released to ASX. No New Information To the extent that this announcement contains references to prior exploration results which have been cross referenced to previous market announcements made by the Company, unless explicitly stated, the Company confirms that it is not aware of any new info rmation or data that materially affects the information included in the relevant market announcements. Forward Looking Statement This report contains forward looking statements concerning the projects owned by Oakajee Corporation Limited. Statements concerning mining reserves and resources may also be deemed to be forward looking statements in that they involve estimates based on specific assumptions. Forward -looking statements are not statements of historical fact and actual events and results may differ materially from those described in the forward looking statements as a result of a variety of risks, uncertainties and other factors. Forward looking statements are based on management’s beliefs, opinions and estimates as of the dates the forward looking statements are made and no obligation is assumed to update forward looking statements if these beliefs, opinions and estimates should change or to reflect other future developments. Operating and Financial Risk The Group’s activities have inherent risk and the Board is unable to provide certainty as to the expected results of activities, or that any or all of the likely activities will be achieved. The material business risks faced by the Group that could influence the Group’s future prospects, and how the Group manages these risks, are detailed below. Operational Risk The Company may be affected by various operational factors. In the event that any of these potential risks eventuate, the Company's operational and financial performance may be adversely affected. No assurances can be given that the Company will achieve co mmercial viability through the successful exploration and/or mining of its tenement interest. Until the Company is able to realise value from its projects, it is likely to incur ongoing operating losses. The operations of the Company may be affected by various factors, including failure to locate or identify mineral deposits, failure to achieve predicted grades in exploration and mining, operational and technical difficulties encountered in mining, insufficient or unreliable infrastructure such as power, wa ter and transport, difficulties in commissioning and operating plant and equipment, unanticipated metallurgical problems which may affect extraction costs, adverse weather conditions, industrial and environmental accidents, industrial disputes and unexpect ed shortages or increases in the costs of consumables, spare parts, plant and equipment. The Company’s Mineral Resource estimates are made in accordance with the 2012 edition of the JORC Code. Mineral resources are estimates only. An estimate is an expression of judgement based on knowledge, experience and industry practice. Estimates which we re valid when originally calculated may alter significantly when new information or techniques become available. In addition, by their very nature, resource estimates are imprecise and depend to some extent on interpretations, which may prove to be inaccurate. The tenements are at various stages of exploration, and potential investors should understand that mineral exploration and development are speculative and high-risk undertakings that may be impeded by circumstances and factors beyond the control of the Company.
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Oakajee Corporation Limited Directors' report 30 June 2026 9 There can no assurance that exploration of the Tenements, or any other exploration properties that may be acquired in the future, will result in the discovery of an economic mineral resource. Even if an apparently viable deposit is identified, there is no guarantee that it can be economically exploited. There is no assurance that exploration or project studies by the Company will result in the definition of an economically viable mineral deposit or that the exploration tonnage estimates, and conceptual project developments are able to be achieved. In the event the Company successfully delineates economic deposits on any Tenement, it will need to apply for a mining lease to undertake development and mining on the relevant Tenement. There is no guarantee that the Company will be granted a mining lease if one is applied for and if a mining lease is granted, it will also be subject to conditions which must be met. Further Capital Requirements The Company’s projects may require additional funding in order to progress activities. There can be no assurance that additional capital or other types of financing will be available if needed to further exploration or possible development activities and o perations or that, if available, the terms of such financing will be favourable to the Company. Native Title and Aboriginal Heritage There are areas of the Company’s projects over which legitimate common law and/or statutory Native Title rights of Aboriginal Australians exist. Where Native Title rights do exist, the Company must obtain consent of the relevant landowner to progress the exploration, development and mining phases of operations. Where there is an Aboriginal Site for the purposes of the Aboriginal Heritage legislation, the Company must obtain consents in accordance with the legislation. The Company’s Activities are Subject to Government Regulation and Approvals The Company is subject to certain Government regulations and approvals. Any material adverse change in government policies or legislation in Western Australian and Australia that affect mining, processing, development and mineral exploration activities, export activities, income tax laws, royalty regulations, government subsidiaries and environmental issues may affect the viability and profitability of any planned exploration or possible development of the Company's portfolio of projects. Global Conditions General economic conditions, movements in interest and inflation rates and currency exchange rates may have an adverse effect on the Company’s exploration, development and production activities, as well as on its ability to fund those activities. General e conomic conditions, laws relating to taxation, new legislation, trade barriers, movements in interest and inflation rates, currency exchange controls and rates, national and international political circumstances (including outbreaks in international hostil ities, wars, terrorist acts, sabotage, subversive activities, security operations, labour unrest, civil disorder, and states of emergency), natural disasters (including fires, earthquakes and floods), and quarantine restrictions, epidemics and pandemics, m ay have an adverse effect on the Company’s operations and financial performance, including the Company’s exploration, development and production activities, as well as on its ability to fund those activities. General economic conditions may also affect the value of the Company and its market valuation regardless of its actual performance. Dividends There were no dividends paid, recommended or declared during the current or previous financial year. Significant changes in the state of affairs There were no significant changes in the state of affairs of the Group during the financial year. Matters subsequent to the end of the financial year No matter or circumstance has arisen since 30 June 2026 that has significantly affected, or may significantly affect the Group's operations, the results of those operations, or the Group's state of affairs in future financial years.
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Oakajee Corporation Limited Directors' report 30 June 2026 10 Likely developments and expected results of operations Information on likely developments in the operations of the Group and the expected results of operations have not been included in this report because the directors believe it would be likely to result in unreasonable prejudice to the Group. Environmental regulation The Group is subject to and is compliant with all aspects of environmental regulation of its exploration and mining activities. The Directors are not aware of any environmental law that is not being complied with. Information on directors Name: Mark Jones Title: Managing Director Qualifications: BA in Psychology Experience and expertise: Mr Jones was previously a Non-Executive Director (Private Clients) of Patersons Securities Limited, one of the largest stockbroking firms in Australia and is currently the Chairman of Santa Fe Minerals Limited. He has been instrumental in raising capital for many exploration companies from IPO to production and brings over 30 years of mining and stock market experience. Mr Jones has been a Director of the Company since July 2008. Other current directorships: Santa Fe Minerals Limited (since 27 May 2011) Former directorships (last 3 years): None Special responsibilities: None Interests in shares: 6,400,000 Name: Garry Thomas Title: Non-Executive Director Qualifications: Associateship in Civil Engineering Experience and expertise: Mr Thomas is a Civil Engineer with over 35 years’ experience in civil construction, mine development and operations. He has been involved in the implementation of mining operations in Australia, Indonesia, Laos, Russia, Zimbabwe, Ghana, Zambia, South Africa, Algeria, Mexico and Mali. He has managed the construction and commissioning of over 20 CIL/CIP, flotation and heap leach plants in Australasia, Russia and Africa as well as many plant upgrades. Mr Thomas has been instrumental in the procurement and deve lopment of Elemental Minerals Limited’s potash project in West Africa. He was also the founding Managing Director of Intermet Engineering Pty Limited, a minerals processing engineering Company, since its inception in Australia in 2001 to its sale in 2008. Mr Thomas has been a Director of the Company since March 2012. Other current directorships: None Former directorships (last 3 years): Mithril Resources Ltd (ASX:MTH) (17 August 2020 to 30 June 2025) Special responsibilities: None Interests in shares: 6,333,334
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Oakajee Corporation Limited Directors' report 30 June 2026 11 Name: Gary Watson Title: Non-Executive Director Qualifications: Bachelor of Commerce degree from Curtin University and CFA Charterholder. Experience and expertise: Mr Watson has over 20 years of extensive experience in the resources, finance and infrastructure industries. He has held a number of different roles within the resources sector including feasibility studies, project engineering, construction management and operations. Mr Watson also spent several years as a resources focused Equity Analyst at Canaccord Genuity. Mr Watson has been a Director of the Company since August 2017. Other current directorships: None Former directorships (last 3 years): None Special responsibilities: None Interests in shares: Nil Name: Douglas Rose Title: Non-Executive Director Qualifications: Bachelor of Commerce degree from Curtin University Experience and expertise: Mr Rose is currently the Managing Director of Santa Fe Minerals Limited, an Australian gold and base metals exploration company. Mr Rose was previously a Private Client Adviser with Patersons Securities Limited. He has over 16 years’ experience in the financial services industry. Mr Rose has been a Director of the Company since October 2018. Other current directorships: Santa Fe Minerals Limited (since 1 July 2013) Former directorships (last 3 years): None Special responsibilities: None Interests in shares: 3,145,099 'Other current directorships' quoted above are current directorships for listed entities only and excludes directorships of all other types of entities, unless otherwise stated. 'Former directorships (last 3 years)' quoted above are directorships held in the last 3 years for listed entities only and excludes directorships of all other types of entities, unless otherwise stated. Company secretaries Henko Vos – appointed on 17 December 2020 Mr Vos is a member of the Australian Institute of Company Directors (AICD), the Governance Institute of Australia (GIA), and Chartered Accountants in Australia and New Zealand (CAANZ) with more than 20 years’ experience working within public practice, spec ifically within the area of corporate services and audit and assurance both in Australia and South Africa. He holds similar secretarial roles in various other listed public companies in both industrial and resource sectors. He is a Director at Horizon Nexus Partners. Mrs Geraldine Holland – appointed on 25 October 2024 Geraldine has over 15 years’ experience in company secretarial and corporate governance roles, with extensive expertise supporting ASX-listed and unlisted companies in meeting statutory reporting obligations to the ASX and ASIC, including the management of board and shareholder meetings. She holds an MBA (Finance) from UWA and a BA (Hons) in Accounting and Finance, is fluent in Mandarin, and currently serves as Company Secretary for several ASX-listed and unlisted companies.
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Oakajee Corporation Limited Directors' report 30 June 2026 12 Meetings of directors The number of meetings of the Company's Board of Directors ('the Board') held during the year ended 30 June 2026, and the number of meetings attended by each director were: Full Board Attended Held Mark Jones 2 2 Garry Thomas 2 2 Gary Watson 2 2 Douglas Rose 2 2 Held: represents the number of meetings held during the time the director held office. The Board works closely together on Company related matters and have formalised relevant matters via 5 circular resolutions during the year. Remuneration report (audited) The remuneration report details the key management personnel remuneration arrangements for the Group, in accordance with the requirements of the Corporations Act 2001 and its Regulations. Key management personnel are those persons having authority and responsibility for planning, directing and controlling the activities of the entity, directly or indirectly, including all directors. The remuneration report is set out under the following main headings: ● Principles used to determine the nature and amount of remuneration ● Details of remuneration ● Service agreements ● Share-based compensation ● Additional information ● Additional disclosures relating to key management personnel Principles used to determine the nature and amount of remuneration The Board of Directors is responsible for determining and reviewing compensation arrangements for the Directors. The Board assesses the appropriateness of the nature and amount of remuneration of such officers on a periodic basis by reference to relevant e mployment conditions, with the overall objective of ensuring maximum stakeholder benefit from the retention of a high-quality Board. The Board acts as the Remuneration Committee and assesses the nature and amount of compensation of key management personnel. All remuneration paid to key management personnel is expensed. Any options granted to key management personnel are valued using either the Black-Scholes or binomial option pricing models. The Board policy is to remunerate Non-Executive Directors at market rates for time, commitment and responsibilities. The Board determines payments to the Non -Executive Directors and will review their remuneration annually, based on market practice, duties and accountability and to ensure their remuneration is competitive in attracting, retaining and motivating people with appropriate skills and experience. Independent external advice is sought where required. The maximum amount of fees that can be paid to Non-Executive Directors is subject to approval by shareholders at the Annual General Meeting. Fees for Non -Executive Directors are currently fixed at up to $350,000 and are not linked to the performance of the Company. However, to align Directors’ interests with shareholder interests, the Directors are encouraged to hold shares in the Company.
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Oakajee Corporation Limited Directors' report 30 June 2026 13 Use of remuneration consultants Due to the size of the Company’s operations, the Company has not engaged remuneration consultants to review and measure its remuneration policy and strategy. The Board reviews remuneration strategy periodically and may engage remuneration consultants in future to assist with this process. Voting and comments made at the Company's Annual General Meeting ('AGM'). At the 21 November 2025 AGM, 100% of the votes received supported the adoption of the remuneration report for the year ended 30 June 2026. The Company did not receive any specific feedback at the AGM regarding its remuneration practices. Details of remuneration Amounts of remuneration Details of the remuneration of key management personnel of the Group are set out in the following tables. The key management personnel of the Group consisted of the following directors of Oakajee Corporation Limited: ● Mark Jones (Managing Director) ● Garry Thomas (Non-Executive Director) ● Gary Watson (Non-Executive Director) ● Douglas Rose (Non-Executive Director) Short-term benefits Post-employment benefits Cash salary and fees Superannuation Total 2026 $ $ $ Non-Executive Directors: Garry Thomas 22,831 2,740 25,571 Gary Watson 22,831 2,740 25,571 Douglas Rose 35,000 4,200 39,200 Executive Director: Mark Jones 100,000 12,000 112,000 180,662 21,680 202,342 Short-term benefits Post-employment benefits Cash salary and fees Superannuation Total 2025 $ $ $ Non-Executive Directors: Garry Thomas 22,831 2,626 25,457 Gary Watson 22,831 2,626 25,457 Douglas Rose 35,000 4,025 39,025 Executive Director: Mark Jones 100,000 11,500 111,500 180,662 20,777 201,439 No percentage of 2026 and 2025 remuneration paid is performance based with remuneration not linked to any specific performance criteria. No other long-term benefits or equity compensation were granted to key management personnel in 2026 or 2025.
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Oakajee Corporation Limited Directors' report 30 June 2026 14 Service agreements Remuneration and other terms of employment for key management personnel are formalised in service agreements. Details of these agreements are as follows: Name: Mark Jones Title: Managing Director Term of agreement: $100,000 per annum plus statutory superannuation. Termination of employment by either party giving written notice of not less than 3 (three) months’ notice. The Group may elect to pay in lieu of notice. At any time during the Employee’s employment, should a Change of Control Event occur, the Group must pay the Employee a payment equal to twelve months of the Employee’s annual remuneration package. Name: Garry Thomas Title: Non-Executive Director Term of agreement: $22,831 per annum exclusive of statutory superannuation. Name: Gary Watson Title: Non-Executive Director Term of agreement: $22,831 per annum exclusive of statutory superannuation. Name: Douglas Rose Title: Non-Executive Director Term of agreement: $35,000 per annum exclusive of statutory superannuation. Key management personnel have no entitlement to termination payments in the event of removal for misconduct. Service agreements with Directors are separate from any responsibility they may have to the Group or the role they perform as a result of their appointment as a Director of the Group. The Directors may also be paid for travelling and other expenses properly incurred by them in attending, participating in and returning from meetings of the Directors or any committee of the Directors or general meetings of the Group or otherwise in connection with the business of the Group. A Director may also receive remuneration for performing extra services or making special exertion in going or residing abroad or otherwise for the Group by payment of a fixed sum determined by the Directors which may be either in addition to or in substitution for the Director’s usual remuneration. Share-based compensation Issue of shares There were no shares issued to directors and other key management personnel as part of compensation during the year ended 30 June 2026. Options There were no options over ordinary shares granted to or vested by directors and other key management personnel as part of compensation during the year ended 30 June 2026.
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Oakajee Corporation Limited Directors' report 30 June 2026 15 Additional information The earnings of the Group for the five years to 30 June 2026 are summarised below: 2026 2025 2024 2023 2022 $ $ $ $ $ Revenue and other income 3,909 16,018 37,786 28,454 1,622 Loss after income tax (543,170) (528,690) (675,299) (497,612) (535,057) The factors that are considered to affect total shareholders return ('TSR') are summarised below: 2026 2025 2024 2023 2022 Share price at financial year end ($) 0.05 0.02 0.01 0.01 0.08 Basic earnings/(loss) per share (cents per share) (0.59) (0.58) (0.74) (0.54) (0.59) Diluted earnings/(loss) per share (cents per share) (0.59) (0.58) (0.74) (0.54) (0.59) Additional disclosures relating to key management personnel Shareholding The number of shares in the Company held during the financial year by each director and other members of key management personnel of the Group, including their personally related parties, is set out below: Balance at Received Balance at the start of as part of Disposals/ the end of the year remuneration Additions other the year Ordinary shares Mark Jones 6,400,000 - - - 6,400,000 Garry Thomas 6,333,334 - - - 6,333,334 Gary Watson - - - - - Douglas Rose 3,145,099 - - - 3,145,099 15,878,433 - - - 15,878,433 During the year ended 30 June 2026, the Group paid $26,985 (excluding GST) to a Director related entity of Mark Jones for rental of an office premises (30 June 2025: $28,628). As at 30 June 2026, there was $10,398 outstanding balance ( 30 June 2025 : $8,665). There were no other related party transactions during the year ended 30 June 2026. This concludes the remuneration report, which has been audited. Shares under option There were no unissued ordinary shares of Oakajee Corporation Limited under option outstanding at the date of this report. Shares issued on the exercise of options There were no ordinary shares of Oakajee Corporation Limited issued on the exercise of options during the year ended 30 June 2026 and up to the date of this report. Indemnity and insurance of officers The Group currently has Directors and Officers insurance. The Group has entered into deeds with each Director indemnifying each Director against liabilities arising out of their conduct while acting in the capacity of a Director of the Group to the full extent permitted by Corporations Act 2001.
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Oakajee Corporation Limited Directors' report 30 June 2026 16 The insurance premium relates to liabilities that may arise from their position as Directors and Officers of the Group, with the exception of conduct involving a wilful breach of duty or improper use of information or position to gain personal advantage. The Officers covered by the insurance policies are the Directors and the Group Secretary. The contract of insurance prohibits disclosure of the nature of the liability and the amount of the premium. Indemnity and insurance of auditor The Company has not, during or since the end of the financial year, indemnified or agreed to indemnify the auditor of the Company or any related entity against a liability incurred by the auditor. During the financial year, the Company has not paid a premium in respect of a contract to insure the auditor of the Company or any related entity. Proceedings on behalf of the Company No person has applied to the Court under section 237 of the Corporations Act 2001 for leave to bring proceedings on behalf of the Company, or to intervene in any proceedings to which the Company is a party for the purpose of taking responsibility on behalf of the Company for all or part of those proceedings. Non-audit services Details of the amounts paid or payable to the auditor for non-audit services provided during the financial year by the auditor are outlined in note 22 to the financial statements. The directors are of the opinion that the services as disclosed in note 22 to the financial statements do not compromise the external auditor's independence requirements of the Corporations Act 2001 for the following reasons: ● all non-audit services have been reviewed and approved to ensure that they do not impact the integrity and objectivity of the auditor; and ● none of the services undermine the general principles relating to auditor independence as set out in APES 110 Code of Ethics for Professional Accountants issued by the Accounting Professional and Ethical Standards Board, including reviewing or auditing the auditor's own work, acting in a management or decision -making capacity for the Company, acting as advocate for the Company or jointly sharing economic risks and rewards. Officers of the Company who are former partners of HLB Mann Judd There are no officers of the Company who are former partners of HLB Mann Judd. Auditor's independence declaration A copy of the auditor's independence declaration as required under section 307C of the Corporations Act 2001 is set out immediately after this directors' report. Auditor HLB Mann Judd continues in office in accordance with section 327 of the Corporations Act 2001. This report is made in accordance with a resolution of directors, pursuant to section 298(2)(a) of the Corporations Act 2001. On behalf of the directors. Mark Jones Director 29 September 2026 Perth, WA
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17 AUDITOR’S INDEPENDENCE DECLARATION As lead auditor for the audit of the consolidated financial report of Oakajee Corporation Limited for the year ended 30 June 2026, I declare that to the best of my knowledge and belief, there have been no contraventions of: a) the auditor independence requirements of the Corporations Act 2001 in relation to the audit; and b) any applicable code of professional conduct in relation to the audit. Perth, Western Australia 29 September 2026 D B Healy Partner
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Oakajee Corporation Limited Consolidated statement of profit or loss and other comprehensive income For the year ended 30 June 2026 Consolidated Note 2026 2025 $ $ The above consolidated statement of profit or loss and other comprehensive income should be read in conjunction with the accompanying notes. 18 Revenue Interest income 3,909 16,018 Expenses Administrative expenses 5 (237,148) (230,463) Depreciation and amortisation expense 10 (5,460) (15,509) Employee benefits expenses 6 (236,537) (231,605) Exploration expenditure (67,934) (67,131) Loss before income tax expense (543,170) (528,690) Income tax expense 7 - - Loss after income tax expense for the year attributable to the owners of Oakajee Corporation Limited (543,170) (528,690) Other comprehensive income Items that will not be reclassified subsequently to profit or loss Gain on the revaluation of equity instruments at fair value through other comprehensive income, net of tax 12 2,590,826 489,000 Other comprehensive income for the year, net of tax 11,16 2,590,826 489,000 Total comprehensive income / (loss) for the year attributable to the owners of Oakajee Corporation Limited 2,047,656 (39,690) Cents Cents Basic earnings/(loss) per share 18 (0.59) (0.58) Diluted earnings/(loss) per share 18 (0.59) (0.58)
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Oakajee Corporation Limited Consolidated statement of financial position As at 30 June 2026 Consolidated Note 2026 2025 $ $ The above consolidated statement of financial position should be read in conjunction with the accompanying notes . 19 Assets Current assets Cash and cash equivalents 8 106,359 178,225 Trade and other receivables 9 3,731 5,454 Other assets - 20,443 Total current assets 110,090 204,122 Non-current assets Property, plant and equipment 10 6,654 5,717 Exploration and evaluation 11 72,501 72,501 Financial assets at fair value through other comprehensive income 12 3,400,000 1,241,000 Total non-current assets 3,479,155 1,319,218 Total assets 3,589,245 1,523,340 Liabilities Current liabilities Trade and other payables 13 57,712 47,868 Employee benefits 14 132,815 124,410 Total current liabilities 190,527 172,278 Total liabilities 190,527 172,278 Net assets 3,398,718 1,351,062 Equity Issued capital 15 9,465,148 9,465,148 Reserves 16 (2,599,674) (4,246,000) Accumulated losses (3,466,756) (3,868,086) Total equity 3,398,718 1,351,062
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Oakajee Corporation Limited Consolidated statement of changes in equity For the year ended 30 June 2026 The above consolidated statement of changes in equity should be read in conjunction with the accompanying notes. 20 Issued Fair value Accumulated Total equity capital reserves losses Consolidated $ $ $ $ Balance at 1 July 2024 9,465,148 (4,735,000) (3,339,396) 1,390,752 Loss after income tax expense for the year - - (528,690) (528,690) Other comprehensive income for the year, net of tax - 489,000 - 489,000 Total comprehensive income / (loss) for the year - 489,000 (528,690) (39,690) Balance at 30 June 2025 9,465,148 (4,246,000) (3,868,086) 1,351,062 Issued Fair value Accumulated Total equity capital reserves losses Consolidated $ $ $ $ Balance at 1 July 2025 9,465,148 (4,246,000) (3,868,086) 1,351,062 Loss after income tax expense for the year - - (543,170) (543,170) Other comprehensive income for the year, net of tax - 2,590,826 - 2,590,826 Total comprehensive income / (loss) for the year - 2,590,826 (543,170) 2,047,656 Transactions with owners in their capacity as owners: Transfer of fair value reserve upon disposal of investments in equity instruments designated as FVOCI - (944,500) 944,500 - Balance at 30 June 2026 9,465,148 (2,599,674) (3,466,756) 3,398,718
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Oakajee Corporation Limited Consolidated statement of cash flows For the year ended 30 June 2026 Consolidated Note 2026 2025 $ $ The above consolidated statement of cash flows should be read in conjunction with the accompanying notes . 21 Cash flows from operating activities Payments to suppliers and employees (410,399) (433,722) Payments for exploration and evaluation expenditure (90,804) (85,336) Interest received 3,909 16,018 Net cash used in operating activities 21 (497,294) (503,040) Cash flows from investing activities Payments for purchase of investments 12 (732,676) - Payments for property, plant and equipment (6,396) (1,272) Proceeds from sale of equity investments 12 1,164,500 - Net cash from/(used in) investing activities 425,428 (1,272) Net cash from financing activities - - Net decrease in cash and cash equivalents (71,866) (504,312) Cash and cash equivalents at the beginning of the financial year 178,225 682,537 Cash and cash equivalents at the end of the financial year 8 106,359 178,225
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Oakajee Corporation Limited Notes to the consolidated financial statements 30 June 2026 22 1. General information The financial statements cover Oakajee Corporation Limited as a Group consisting of Oakajee Corporation Limited and the entities it controlled at the end of, or during, the year. The financial statements are presented in Australian dollars, which is Oakajee Corporation Limited's functional and presentation currency. Oakajee Corporation Limited is a public listed company limited by shares, incorporated and domiciled in Australia. Its registered office and principal place of business are: 39 Clifton Street Nedlands WA 6009 A description of the nature of the Group's operations and its principal activities are included in the directors' report, which is not part of the financial statements. The financial statements were authorised for issue, in accordance with a resolution of directors, on 25 September 2026. The directors have the power to amend and reissue the financial statements. 2. Material accounting policy information The accounting policies that are material to the Group are set out below. The accounting policies adopted are consistent with those of the previous financial year, unless otherwise stated. New or amended Accounting Standards and Interpretations adopted The Group has adopted all of the new or amended Accounting Standards and Interpretations issued by the Australian Accounting Standards Board ('AASB') that are mandatory for the current reporting period. Any new or amended Accounting Standards or Interpretations that are not yet mandatory have not been early adopted. New Accounting Standards and Interpretations not yet mandatory or early adopted Australian Accounting Standards and Interpretations that have recently been issued or amended but are not yet mandatory, have not been early adopted by the Group for the annual reporting period ended 30 June 2026. The Group has not yet assessed the impact of these new or amended Accounting Standards and Interpretations. Going concern The financial report has been prepared on the going concern basis, which contemplates continuity of normal business activities and the realisation of assets and settlement of liabilities in the ordinary course of business. At 30 June 2026, the Group has cash and cash equivalents of $106,359 and net operating cash outflows of $497,294 for the year ended on that date. The Company has equity investments with a market value of $3,400,000 at 30 June 2026 and $3,090,000 at 25 September 2026. These equity investments represent investments in listed Australian companies which are traded on ASX not subject to escrow and all or part of these investments could be sold to provide the Group with funds, if required. The Directors b elieve that Oakajee Corporation Limited has access to sufficient funding to enable it to continue as a going concern and that it is appropriate to adopt that basis of accounting in the financial report. Basis of preparation These general purpose financial statements have been prepared in accordance with Australian Accounting Standards and Interpretations issued by the Australian Accounting Standards Board ('AASB') and the Corporations Act 2001, as appropriate for for-profit oriented entities. These financial statements also comply with IFRS Accounting Standards as issued by the International Accounting Standards Board ('IASB').
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Oakajee Corporation Limited Notes to the consolidated financial statements 30 June 2026 2. Material accounting policy information (continued) 23 Historical cost convention The financial statements have been prepared under the historical cost convention, except for, where applicable, the revaluation of financial assets and liabilities at fair value through profit or loss, financial assets at fair value through other comprehensive income, investment properties, certain classes of property, plant and equipment and derivative financial instruments. Critical accounting estimates The preparation of the financial statements requires the use of certain critical accounting estimates. It also requires management to exercise its judgement in the process of applying the Group's accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements, are disclosed in note 3. Parent entity information In accordance with the Corporations Act 2001, these financial statements present the results of the Group only. Supplementary information about the parent entity is disclosed in note 24. Principles of consolidation The consolidated financial statements incorporate the assets and liabilities of all subsidiaries of Oakajee Corporation Limited ('Company' or 'parent entity') as at 30 June 2026 and the results of all subsidiaries for the year then ended. Oakajee Corporation Limited and its subsidiaries together are referred to in these financial statements as the 'Group'. Subsidiaries are all those entities over which the Group has control. The Group controls an entity when the Group is exposed to, or has rights to, variable returns from its involvement with the entity and has the ability to affect those returns through its power to direct the activities of the entity. Subsidiaries are fully consolidated from the date on which control is transferred to the Group. They are de-consolidated from the date that control ceases. Intercompany transactions, balances and unrealised gains on transactions between entities in the Group are eliminated. Unrealised losses are also eliminated unless the transaction provides evidence of the impairment of the asset transferred. Accounting pol icies of subsidiaries have been changed where necessary to ensure consistency with the policies adopted by the Group. The acquisition of subsidiaries is accounted for using the acquisition method of accounting. A change in ownership interest, without the loss of control, is accounted for as an equity transaction, where the difference between the consideration transferred and the book value of the share of the non -controlling interest acquired is recognised directly in equity attributable to the parent. Where the Group loses control over a subsidiary, it derecognises the assets including goodwill, liabilities and non - controlling interest in the subsidiary together with any cumulative translation differences recognised in equity. The Group recognises the fair value of the consideration received and the fair value of any investment retained together with any gain or loss in profit or loss. Investments and other financial assets Investments and other financial assets are initially measured at fair value. Transaction costs are included as part of the initial measurement, except for financial assets at fair value through profit or loss. Such assets are subsequently measured at either amortised cost or fair value depending on their classification. Classification is determined based on both the business model within which such assets are held and the contractual cash flow characteristics of the financial asset unless an accounting mismatch is being avoided. Financial assets are derecognised when the rights to receive cash flows have expired or have been transferred and the Group has transferred substantially all the risks and rewards of ownership. When there is no reasonable expectation of recovering part or all of a financial asset, its carrying value is written off. Financial assets at fair value through other comprehensive income Financial assets at fair value through other comprehensive income include equity investments which the Group intends to hold for the foreseeable future and has irrevocably elected to classify them as such upon initial recognition.
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Oakajee Corporation Limited Notes to the consolidated financial statements 30 June 2026 2. Material accounting policy information (continued) 24 Impairment of financial assets The Group recognises a loss allowance for expected credit losses on financial assets which are either measured at amortised cost or fair value through other comprehensive income. The measurement of the loss allowance depends upon the Group's assessment at the end of each reporting period as to whether the financial instrument's credit risk has increased significantly since initial recognition, based on reasonable and supportable information that is available, without undue cost or effort to obtain. Where there has not been a significant increase in exposure to credit risk since initial recognition, a 12 -month expected credit loss allowance is estimated. This represents a portion of the asset's lifetime expected credit losses that is attributable to a default event that is possible within the next 12 months. Where a financial asset has become credit impaired or where it is determined that credit risk has increased significantly, the loss allowance is based on the asset's lifetime expected credit losses. The amount of expected credit loss recognised is measured on the basis of the probability weighted present value of anticipated cash shortfalls over the life of the instrument discounted at the original effective interest rate. For financial assets mandatorily measured at fair value through other comprehensive income, the loss allowance is recognised in other comprehensive income with a corresponding expense through profit or loss. In all other cases, the loss allowance reduces the asset's carrying value with a corresponding expense through profit or loss. Property, plant and equipment Plant and equipment is stated at historical cost less accumulated depreciation and impairment. Historical cost includes expenditure that is directly attributable to the acquisition of the items. Depreciation is calculated on a straight-line basis to write off the net cost of each item of property, plant and equipment (excluding land) over their expected useful lives as follows: Office Furniture 15-20% Computer Software and Equipment 25% Motor Vehicle 25% The residual values, useful lives and depreciation methods are reviewed, and adjusted if appropriate, at each reporting date. An item of property, plant and equipment is derecognised upon disposal or when there is no future economic benefit to the Group. Gains and losses between the carrying amount and the disposal proceeds are taken to profit or loss. Impairment The carrying values of plant and equipment are reviewed for impairment at each reporting date, with recoverable amount being estimated when events or changes in circumstances indicate that the carrying value may be impaired. The recoverable amount of plant and equipment is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset. For an asset that does not generate largely independent cash inflows, recoverable amount is determined for the cash-generating unit to which the asset belongs, unless the asset's value in use can be estimated to be close to its fair value. An impairment exists when the carrying value of an asset or cash -generating units exceeds its estimated recoverable amount. The asset or cash-generating unit is then written down to its recoverable amount. Deferred exploration and evaluation expenditure Exploration and evaluation costs, excluding the costs of acquiring tenements and permits, are expensed as incurred. Acquisition costs will be assessed on a case ‐by‐case basis and, if appropriate, they will be capitalised. These acquisition costs are carried forward only if the rights to tenure of the area of interest are current and either:
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Oakajee Corporation Limited Notes to the consolidated financial statements 30 June 2026 2. Material accounting policy information (continued) 25 ● they are expected to be recouped through successful development and exploitation of the area of interest or; ● the activities in the area of interest at the reporting date have not reached a stage which permits a reasonable assessment of the existence or otherwise of economically recoverable reserves, and active and significant operations in, or in relation to, the area of interest, are continuing. Accumulated acquisition costs in relation to an abandoned area are written off in full to the statement of profit or loss and other comprehensive income in the year in which the decision to abandon the area is made. The carrying values of acquisition costs are reviewed for impairment when events or changes in circumstances indicate the carrying value may not be recoverable. Where a decision has been made to proceed with development in respect of an area of interest the relevant exploration and evaluation asset is tested for impairment and the balance is then reclassified to development. Impairment of non-financial assets Non-financial assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. An impairment loss is recognised for the amount by which the asset's carrying amount exceeds its recoverable amount. Recoverable amount is the higher of an asset's fair value less costs of disposal and value -in-use. The value-in-use is the present value of the estimated future cash flows relating to the asset using a pre -tax discount rate specific to the asset or cash -generating unit to which the asset belongs. Assets that do not have independent cash flows are grouped together to form a cash-generating unit. Fair value measurement When an asset or liability, financial or non-financial, is measured at fair value for recognition or disclosure purposes, the fair value is based on the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date; and assumes that the transaction will take place either: in the principal market; or in the absence of a principal market, in the most advantageous market. Fair value is measured using the assumptions that market participants would use when pricing the asset or liability, assuming they act in their economic best interests. For non-financial assets, the fair value measurement is based on its highest and best use. Valuation techniques that are appropriate in the circumstances and for which sufficient data are available to measure fair value, are used, maximising the use of relevant observable inputs and minimising the use of unobservable inputs. Assets and liabilities measured at fair value are classified into three levels, using a fair value hierarchy that reflects the significance of the inputs used in making the measurements. Classifications are reviewed at each reporting date and transfers between levels are determined based on a reassessment of the lowest level of input that is significant to the fair value measurement. For recurring and non -recurring fair value measurements, external valuers may be used when internal expertise is either not available or when the valuation is deemed to be significant. External valuers are selected based on market knowledge and reputation. Where there is a significant change in fair value of an asset or liability from one period to another, an analysis is undertaken, which includes a verification of the major inputs applied in the latest valuation and a comparison, where applicable, with external sources of data. 3. Critical accounting judgements, estimates and assumptions The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the reported amounts in the financial statements. Management continually evaluates its judgements and estimates in relation to assets, liabilities, contingent liabilities, revenue and expenses. Management bases its judgements, estimates and assumptions on historical experience and on other various factors, including expectations of future events, management believes to be reasonable unde r the circumstances. The resulting accounting judgements and estimates will seldom equal the related actual results. The judgements, estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets a nd liabilities (refer to the respective notes) within the next financial year are discussed below.
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Oakajee Corporation Limited Notes to the consolidated financial statements 30 June 2026 3. Critical accounting judgements, estimates and assumptions (continued) 26 Exploration and evaluation expenditure The application of the Group’s accounting policy for exploration and evaluation expenditure requires judgment in determining whether it is likely that future economic benefits are likely either from future exploitation or sale or where activities have not reached a stage which permits a reasonable assessment of the existence of reserves. The determination of a Joint Ore Reserves Committee (JORC) resource is itself an estimation process that requires varying degrees of uncertainty depending on sub -classification and these estimates directly impact the point of deferral of exploration and ev aluation expenditure. The deferral policy requires management to make certain estimates and assumptions about future events or circumstances, in particular whether an economically viable extraction operation can be established. Estimates and assumptions made may change if new information becomes available. 4. Operating segments AASB 8 Operating Segments requires operating segments to be identified on the basis of internal reports about components of the Group that are regularly reviewed by the Chief Operating Decision Maker in order to allocate resources to the segment and to assess its performance. The Group’s operating segments have been determined with reference to the monthly management accounts used by the Chief Operating Decision maker to make decisions regarding the Group’s operations and allocation of working capital. Due to the size and nature of the Group, the Board as a whole has been determined as the Chief Operating Decision Maker. Based on qualitative thresholds included in AASB 8, there is only one reportable segment, being mineral exploration in Australia and investing in mineral exploration companies in Australia. The revenues and results of this segment are those of the Group as a whole and are set out in the consolidated statement of profit or loss and other comprehensive income and the assets and liabilities of the Group as a whole are set out in the consolidated statement of financial position. 5. Administration expenses Consolidated 2026 2025 $ $ Accounting and company secretarial fees 94,146 91,484 ASX fees 17,871 17,672 Audit fees 47,108 40,537 Insurance expenses 20,074 22,851 Office rental expenses 20,796 24,262 Other expenses 27,679 22,011 Share registry fees 9,018 9,230 Travel and accommodation 456 2,416 237,148 230,463
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Oakajee Corporation Limited Notes to the consolidated financial statements 30 June 2026 27 6. Employee benefits expenses Consolidated 2026 2025 $ $ Wages and salaries 203,690 198,867 Superannuation 24,443 23,305 Leave entitlement expenses 8,404 9,433 236,537 231,605 7. Income tax Consolidated 2026 2025 $ $ Numerical reconciliation of income tax expense and tax at the statutory rate Loss before income tax expense (543,170) (528,690) Tax at the statutory tax rate of 30% (2025: 30%) (162,951) (158,607) Tax effect amounts which are not deductible/(taxable) in calculating taxable income: Non-deductible expenses 535 864 Deferred tax assets and liabilities not recognised 162,416 157,743 Income tax expense - - Consolidated 2026 2025 $ $ Deferred tax assets / (liabilities) not recognised Deferred tax assets not recognised comprises temporary differences attributable to: Losses available for offset against future taxable income 1,728,052 1,574,986 Revaluations of equity investments 779,902 1,273,800 Accrued expenses 49,298 46,629 Other assets (150) (6,283) Total deferred tax assets not recognised 2,557,102 2,889,132 The Company has tax losses arising in Australia, the tax effect of these losses is $1,728,052 (2025: $1,574,986). The losses are available for offset against future taxable profits of the companies in which the losses arose. Subject to the Company passing continuity of the ownership test and/or similar business test in period on which the losses are intended to be used to offset the profit. The deductible temporary differences and tax losses do not expire under current tax legislation. Deferred tax assets have not been recognised in respect of these items because it is not probable that future taxable profit will be available against which the Company can utilise the benefits thereof. Consolidated 2026 2025 $ $ Capital losses comprise of: Losses available for offset against future taxable capital gains 908,807 908,807
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Oakajee Corporation Limited Notes to the consolidated financial statements 30 June 2026 7. Income tax (continued) 28 The above potential tax benefit from capital losses has not been recognised in the statement of financial position as the recovery of this benefit is uncertain. 8. Cash and cash equivalents Consolidated 2026 2025 $ $ Cash at bank 82,137 154,731 Cash on deposit 24,222 23,494 106,359 178,225 Cash at bank earns interest at floating rates based on daily bank deposit rates. Short -term deposits are made for varying periods of between one day and three months, depending on the immediate cash requirements of the Group, and earn interest at the respective short-term deposit rates. 9. Trade and other receivables Consolidated 2026 2025 $ $ BAS receivable 3,731 5,454 10. Property, plant and equipment Consolidated 2026 2025 $ $ Plant and equipment - at cost 19,688 13,291 Less: Accumulated depreciation (13,034) (12,150) 6,654 1,141 Motor vehicles - at cost 60,500 60,500 Less: Accumulated depreciation (60,500) (55,924) - 4,576 6,654 5,717
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Oakajee Corporation Limited Notes to the consolidated financial statements 30 June 2026 10. Property, plant and equipment (continued) 29 Reconciliations Reconciliations of the written down values at the beginning and end of the current and previous financial year are set out below: Plant and Motor equipment vehicles Total Consolidated $ $ $ Balance at 1 July 2024 253 19,701 19,954 Additions 1,272 - 1,272 Depreciation expense (384) (15,125) (15,509) Balance at 30 June 2025 1,141 4,576 5,717 Additions 6,397 - 6,397 Depreciation expense (884) (4,576) (5,460) Balance at 30 June 2026 6,654 - 6,654 11. Exploration and evaluation Consolidated 2026 2025 $ $ Exploration and evaluation - at cost 72,501 72,501 Exploration and evaluation costs, excluding the costs of acquiring tenements and permits, are expensed as incurred. The recoupment of costs carried forward in relation to areas of interest in the exploration and evaluation phases is dependent on the successful development and commercial exploitation or sale of the respective areas. 12. Financial assets at fair value through other comprehensive income Consolidated 2026 2025 $ $ Investment in listed entities at fair value through OCI 3,400,000 1,241,000 Reconciliation Reconciliation of the fair values at the beginning and end of the current and previous financial year are set out below: Opening fair value 1,241,000 752,000 Additions 732,674 - Disposals (1,164,500) - Revaluation increments 2,590,826 489,000 Closing fair value 3,400,000 1,241,000 Refer to note 20 for further information on fair value measurement.
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Oakajee Corporation Limited Notes to the consolidated financial statements 30 June 2026 30 13. Trade and other payables Consolidated 2026 2025 $ $ Trade payables 22,926 13,389 Accruals 26,000 25,674 Other payables 8,786 8,805 57,712 47,868 Trade creditors are non-interest bearing and are normally settled on 30 days terms. 14. Employee benefits Consolidated 2026 2025 $ $ Annual leave 103,583 97,064 Long service leave 29,232 27,346 132,815 124,410 Employee Benefits Movement: Consolidated 2026 2025 $ $ Annual Leave Add: Leave accrued during the year 97,064 89,744 Add: Leave accrued during the year 6,519 7,320 Closing Balance 103,583 97,064 Long Service Leave Opening balance 27,346 25,233 Add: Leave accrued during the year 1,886 2,113 Closing balance 29,232 27,346 Total Employee Benefits 132,815 124,410 15. Issued capital Consolidated 2026 2025 2026 2025 Shares Shares $ $ Ordinary shares - fully paid 91,446,030 91,446,030 9,465,148 9,465,148 Ordinary shares Ordinary shares entitle the holder to participate in dividends and the proceeds on winding up of the Group in proportion to the number of shares held. At shareholder meetings, each ordinary share is entitled to one vote when a poll is called, otherwise each shareholder has one vote on a show of hands.
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Oakajee Corporation Limited Notes to the consolidated financial statements 30 June 2026 15. Issued capital (continued) 31 Capital risk management The Group manages its capital to ensure that entities in the Group will be able to continue as a going concern while maximising the return to stakeholders through the optimisation of the debt and equity balance. The capital structure of the Group consists of cash and cash equivalents and equity attributable to equity holders of the parent, comprising issued capital, reserves and retained earnings. None of the Group’s entities are subject to externally imposed capital requirements. Operating cash flows are used to maintain and expand operations, as well as to make routine expenditures such as general administrative outgoings. The capital risk management policy remains unchanged from the 2025 Annual Report. 16. Reserves Consolidated 2026 2025 $ $ Financial assets at fair value through other comprehensive income reserve (2,599,674) (4,246,000) Financial assets at fair value through other comprehensive income reserve The reserve is used to recognise increments and decrements in the fair value of financial assets at fair value through other comprehensive income. Movements in reserves Movements in reserve during the current and previous financial year are set out below: Fair value reserve Consolidated $ Balance at 1 July 2024 (4,735,000) Change in fair value 489,000 Balance at 30 June 2025 (4,246,000) Change in fair value 2,590,826 Transfer on disposal of investments in equity investments at FVOCI (944,500) Balance at 30 June 2026 (2,599,674) 17. Dividends There were no dividends paid, recommended or declared during the current or previous financial year. 18. Loss per share Consolidated 2026 2025 $ $ Loss after income tax attributable to the owners of Oakajee Corporation Limited (543,170) (528,690)
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Oakajee Corporation Limited Notes to the consolidated financial statements 30 June 2026 18. Loss per share (continued) 32 Number Number Weighted average number of ordinary shares used in calculating basic earnings per share 91,446,030 91,446,030 Weighted average number of ordinary shares used in calculating diluted earnings per share 91,446,030 91,446,030 Cents Cents Basic earnings/(loss) per share (0.59) (0.58) Diluted earnings/(loss) per share (0.59) (0.58) 19. Financial instruments Financial risk management objectives The Group is exposed to: (i) market risk (which includes interest rate risk, equity price risk and commodity price risk), (ii) credit risk and (iii) liquidity risk. The Group does not enter into or trade financial instruments, including derivative financial instruments, for speculative purposes. Market risk Price risk The Group is not exposed to any significant price risk. Equity price risks The Group is exposed to equity price risks arising from equity investment assets. Equity investments are held for strategic rather than trading purposes. The Group does not actively trade these investments. All of the Group’s investments are publicly traded. The Group’s exposure to equity price risks at balance sheet date is not material and no sensitivity analysis has been performed. Average price increase Average price decrease Consolidated - 2026 % change Effect on profit before tax Effect on equity % change Effect on profit before tax Effect on equity Investment in listed entities at fair value through OCI 10% - 340,000 (10%) - (340,000) Average price increase Average price decrease Consolidated - 2025 % change Effect on profit before tax Effect on equity % change Effect on profit before tax Effect on equity Investment in listed entities at fair value through OCI 10% - 124,100 (10%) - (124,100)
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Oakajee Corporation Limited Notes to the consolidated financial statements 30 June 2026 19. Financial instruments (continued) 33 Interest rate risk The Group’s exposure to risks of changes in market interest rates relates primarily to the Group cash balances. The Company constantly analyses its interest rate exposure. Within this analysis, consideration is given to potential renewals of existing positions, alternative financing positions and the mix of fixed and variable interest rates. As the Group has no interest bearing borrowing, its exposure to interest rate movements is limited to the amount of interest income it can potentially earn on surplus cash deposits. Exposure arises predominantly from assets and liabilities bearing variable interest rates as the Group intends to hold fixed rate assets and liabilities to maturity. Interest rate risk is considered immaterial. Credit risk Credit risk is the risk that a counterparty fails to discharge an obligation to the Group. The Group is exposed to credit risk from financial assets including cash and cash equivalents held at banks and trade and other receivables. The Company does not have any significant credit risk exposure to any single counterparty or any group of counterparties having similar characteristics. The credit risk on liquid funds is limited because the counterparties are banks with high credit ratings assigned by international credit rating agencies. The carrying amount of financial assets recorded in the financial statements, net of any allowance for losses, represents the Group’s maximum exposure to credit risk without taking account of the value of any collateral obtained. Liquidity risk Ultimate responsibility for liquidity risk management rests with the board of Directors, who have built an appropriate liquidity risk management framework for the management of the Group’s short, medium and long -term funding and liquidity management requirements. The Group manages liquidity risk by maintaining adequate reserves, banking facilities and reserve borrowing facilities by continuously monitoring forecast and actual cash flows and matching the maturity profiles of financial assets and liabilities. Fair value of financial instruments Unless otherwise stated, the carrying amounts of financial instruments reflect their fair value. 20. Fair value measurement Fair value hierarchy The following tables detail the Group's assets and liabilities, measured or disclosed at fair value, using a three level hierarchy, based on the lowest level of input that is significant to the entire fair value measurement, being: Level 1: Quoted prices (unadjusted) in active markets for identical assets or liabilities that the entity can access at the measurement date Level 2: Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly Level 3: Unobservable inputs for the asset or liability Level 1 Level 2 Level 3 Total Consolidated - 2026 $ $ $ $ Assets Ordinary shares 3,400,000 - - 3,400,000 Total assets 3,400,000 - - 3,400,000
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Oakajee Corporation Limited Notes to the consolidated financial statements 30 June 2026 20. Fair value measurement (continued) 34 Level 1 Level 2 Level 3 Total Consolidated - 2025 $ $ $ $ Assets Ordinary shares 1,241,000 - - 1,241,000 Total assets 1,241,000 - - 1,241,000 There were no transfers between levels during the financial year. 21. Reconciliation of loss after income tax to net cash used in operating activities Consolidated 2026 2025 $ $ Loss after income tax expense for the year (543,170) (528,690) Adjustments for: Depreciation and amortisation 5,460 15,509 Change in operating assets and liabilities: Decrease in other assets and prepayments 19,952 2,471 Increase in trade and other payables 20,464 7,670 Net cash used in operating activities (497,294) (503,040) 22. Remuneration of auditors During the financial year the following fees were paid or payable for services provided by HLB Mann Judd, the auditor of the Company: Consolidated 2026 2025 $ $ Audit services - HLB Mann Judd Audit or review of the financial statements 47,108 40,537 Other services - HLB Mann Judd Tax compliance services 12,660 13,600 59,768 54,137 23. Related party transactions Parent entity Oakajee Corporation Limited is the parent entity. Subsidiaries Interests in subsidiaries are set out below: Oakajee Exploration Pty Ltd - 100%
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Oakajee Corporation Limited Notes to the consolidated financial statements 30 June 2026 23. Related party transactions (continued) 35 Key management personnel The Key management personnel are represented by the Directors of the Company: Mark Jones (Managing Director) Garry Thomas (Non-Executive Director) Gary Watson (Non-Executive Director) Douglas Rose (Non-Executive Director) Key management personnel remuneration has been included in the Remuneration Report of the Directors’ Report. The aggregate compensation paid to key management personnel of the Company is set out below: Consolidated 2026 2025 $ $ Short-term employee benefits 180,662 180,662 Post-employment benefits 21,680 20,777 202,342 201,439 Transactions with related parties The following transactions occurred with related parties: Consolidated 2026 2025 $ $ Services from other related party (office rent) - related to director Mark Jones 26,985 28,628 Receivable from and payable to related parties The following balances are outstanding at the reporting date in relation to transactions with related parties: Office rent - related to director Mark Jones $10,398 (30 June 2025 : $8,665). Loans to/from related parties There were no loans to or from related parties at the current and previous reporting date. Terms and conditions All transactions were made on normal commercial terms and conditions and at market rates.
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Oakajee Corporation Limited Notes to the consolidated financial statements 30 June 2026 36 24. Parent entity information Set out below is the supplementary information about the parent entity. Statement of profit or loss and other comprehensive income Parent 2026 2025 $ $ Loss after income tax (542,685) (514,641) Other comprehensive income for the year, net of tax 2,590,826 489,000 Total comprehensive income / (loss) 2,048,141 (25,641) Statement of financial position Parent 2026 2025 $ $ Total current assets 98,678 196,799 Total assets 3,505,332 1,438,941 Total current liabilities 190,527 172,278 Total liabilities 190,527 172,278 Net assets 3,314,805 1,266,663 Equity Issued capital 9,465,148 9,465,148 Financial assets at fair value through other comprehensive income reserve (2,599,674) (4,246,000) Accumulated losses (3,550,669) (3,952,485) Total equity 3,314,805 1,266,663 Guarantees entered into by the parent entity in relation to the debts of its subsidiaries The parent entity had no guarantees in relation to the debts of its subsidiaries as at 30 June 2026 and 30 June 2025. Contingent liabilities The parent entity had no contingent liabilities as at 30 June 2026 and 30 June 2025. Capital commitments The parent entity had no capital commitments for exploration and evaluation at 30 June 2026 and 30 June 2025. Material accounting policy information The accounting policies of the parent entity are consistent with those of the Group, as disclosed in note 2, except for the following: ● Investments in subsidiaries and loans are accounted for at cost, less any impairment, in the parent entity.
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Oakajee Corporation Limited Notes to the consolidated financial statements 30 June 2026 37 25. Commitments Exploration commitments The Company has certain obligations to perform minimum exploration work and to spend minimum amounts on exploration tenements. The obligations may be varied from time to time subject to approval and are expected to be fulfilled in the normal course of the operations of the Company. Due to the nature of the Company’s operations in exploring and evaluating areas of interest, it is difficult to accurately forecast the nature and amount of future expenditure beyond the next year. Expenditure may be reduced by seeking exemption from individual commitments, by relinquishing of tenure or any new joint venture agreements. Expenditure may be increased when new tenements are granted. Commitment contracted for at balance sheet date but not recognised as liabilities are as follows: Consolidated 2026 2025 $ $ Capital commitments Committed at the reporting date but not recognised as liabilities, payable: Exploration and evaluation 200,000 278,000 Lease – office premises The Company holds a lease for office premises with no fixed term. Annual rent for the lease for the year ended 30 June 2026 was $26,985 (excluding GST) (2025: $24,262). The Company has availed itself of the short -term lease exemption contained in AASB 16, and as a result, has not been required to record the effects of this lease in its accounting records. 26. Contingent liabilities The Group has no contingent liabilities as at 30 June 2026 and 30 June 2025. 27. Events after the reporting period No matter or circumstance has arisen since 30 June 2026 that has significantly affected, or may significantly affect the Group's operations, the results of those operations, or the Group's state of affairs in future financial years.
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Oakajee Corporation Limited Consolidated entity disclosure statement As at 30 June 2026 38 Basis of preparation The consolidated entity disclosure statement has been prepared in accordance with the s295(3A)(a) of the Corporations Act 2001 and includes the required information for Oakajee Corporation Limited and the entities it controls in accordance with AASB 10 Consolidated Financial Statements. Tax Residency S295(3A)(vi) of the Corporations Act 2001 defines tax residency as having the meaning in the Income Tax Assessment Act 1997. The determination of tax residency may involve judgement as there are different interpretation that could be adopted and which could give rise to different conclusions regarding residency. In determining tax residency , the Group has applied the following interpretations: Australian Tax Residency Current legislation and judicial precent has been applied, including having regard to the Tax Commissioner’s public guidance. Foreign tax residency Where appropriate, independent tax advisers have been engaged to assist in the determination of tax residence to ensure applicable foreign tax legislation has been complied with. Place formed / Ownership interest Entity name Entity type Country of incorporation % Tax residency Oakajee Corporation Limited Body corporate Australia - Australia Oakajee Exploration Pty Ltd Body corporate Australia 100.00% Australia * Oakajee Corporation Limited (the parent entity) and its wholly -owned Australian subsidiary have formed an income tax consolidated group under the tax consolidation regime.
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Oakajee Corporation Limited Directors' declaration 30 June 2026 39 In the directors' opinion: ● the attached financial statements and notes comply with the Corporations Act 2001, the Accounting Standards, the Corporations Regulations 2001 and other mandatory professional reporting requirements; ● the attached financial statements and notes comply with IFRS Accounting Standards as issued by the International Accounting Standards Board as described in note 2 to the financial statements; ● the attached financial statements and notes give a true and fair view of the Group's financial position as at 30 June 2026 and of its performance for the financial year ended on that date; ● there are reasonable grounds to believe that the Company will be able to pay its debts as and when they become due and payable; and ● the information disclosed in the attached consolidated entity disclosure statement is true and correct. The directors have been given the declarations required by section 295A of the Corporations Act 2001. Signed in accordance with a resolution of directors made pursuant to section 295(5)(a) of the Corporations Act 2001. On behalf of the directors. Mark Jones Director 29 September 2026 Perth, WA
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40 INDEPENDENT AUDITOR’S REPORT To the Members of Oakajee Corporation Limited Report on the Audit of the Financial Report Opinion We have audited the financial report of Oakajee Corporation Limited (“the Company”) and its controlled entities (“the Group”), which comprises the consolidated statement of financial position as at 30 June 2026, the consolidated statement of profit or loss and other comprehensive income, the consolidated statement of changes in equity and the consolidated statement of cash flows for the year then ended, notes to the financial statements, including material accounting polic y information, the consolidated entity disclosure statement and the directors’ declaration. In our opinion, the accompanying financial report of the Group is in accordance with the Corporations Act 2001, including: (a) giving a true and fair view of the Group’s financial position as at 30 June 2026 and of its financial performance for the year then ended; and (b) complying with Australian Accounting Standards and the Corporations Regulations 2001. Basis for Opinion We conducted our audit in accordance with Australian Auditing Standards. Our responsibilities under those standards are further described in the Auditor’s Responsibilities for the Audit of the Financial Report section of our report. We are independent of the Group in accordance with the auditor independence requirements of the Corporations Act 2001 and the ethical requirements of the Accounting Professional and Ethical Standards Board’s APES 110 Code of Ethics for Professional Accountants (including Independence Standards) (“the Code”) that are relevant to audit s of the financial report of public interest entities in Australia. We have also fulfilled our other ethical responsibilities in accordance with the Code. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Key Audit Matters Key audit matters are those matters that, in our professional judgement, were of most significance in our audit of the financial report of the current period. These matters were addressed in the context of our audit of the financial report as a whole, and in forming our opinion thereon, and we do not provide a separate opinion on these matters. We have determined the matters described below to be the key audit matters to be communicated in our report.
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41 Key Audit Matter How our audit addressed the key audit matter Financial assets at fair value through other comprehensive income Refer to Note 12 The Group holds equity interests in listed companies. The Group is required to consider its accounting policy in relation to this asset in light of accounting standard AASB 9 Financial Instruments and has elected to measure these investments at fair value through other comprehensive income (“FVOCI”). At 30 June 2026, the Group’s financial assets had a fair value (Level 1) of $3,400,000. During the year the Group sold a parcel of investments for proceeds of $1,164,500 and acquired investments for $732,674. The Group recorded a fair value gain through other comprehensive income of $2,590,826 for year ended 30 June 2026 and transferred the fair value reserve of $944,500 to accumulated losses upon disposal. We considered this to be a key audit matter due to this item representing a significant asset of the Group and the judgements required by management in ensuring the Group complied with AASB 9 as well as its election to measure these investments at FVOCI. Our audit procedures included but were not limited to the following: - We obtained an understanding of the key processes associated with accounting for financial assets at fair value through other comprehensive income; - We checked the closing market price of the investments to readily available market data, to ensure the investments fair value at 30 June 2026 was correct; - We tested sales and purchases of investments by agreeing to broker statements and vouching the cash consideration received and paid to bank statements; - We verified that the Group had ownership of the listed investments at balance date; - We ensured that the Group accounted for the disposal of the equity investments in accordance with AASB 9; and - We assessed the adequacy of the Group’s disclosures in the financial report relating to its equity investments. Carrying value of deferred exploration and evaluation expenditure Refer to Note 11 The Group has capitalised exploration and evaluation expenditure of $72,501 as at balance date in accordance with AASB 6 Exploration for and Evaluation of Mineral Resources. We considered this to be a key audit matter as the capitalised exploration and evaluation expenditure is a significant asset of the Group. There is a risk that the capitalised exploration and evaluation expenditure no longer meets the recognition criteria of AASB 6. Our procedures included but were not limited to the following: - We obtained an understanding of the key processes associated with management’s review of the carrying value of exploration and evaluation expenditure; - We considered the Directors’ assessment of potential indicators of impairment; - We obtained evidence that the Group has current rights to tenure of its areas of interest; - We enquired with management and reviewed ASX announcements and minutes of Directors’ meetings to ensure that the Group had not decided to discontinue exploration and evaluation at its areas of interest; - We examined the exploration budget for the year ending 30 June 2027 and discussed with management the nature of planned ongoing activities; and - We assessed the adequacy of the Group’s disclosures in the financial report relating to exploration and evaluation expenditure.
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42 Other Information The directors are responsible for the other information. The other information comprises the information included in the Group’s annual report for the year ended 30 June 2026, but does not include the financial report and our auditor’s report thereon. Our opinion on the financial report does not cover the other information and accordingly we do not express any form of assurance conclusion thereon. In connection with our audit of the financial report, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial report, or our knowledge obtained in the audit or otherwise appears to be materially misstated. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. Responsibilities of the Directors for the Financial Report The directors of the Company are responsible for the preparation of: (a) the financial report (other than the consolidated entity disclosure statement) that gives a true and fair view in accordance with Australian Accounting Standards and the Corporations Act 2001; and (b) the consolidated entity disclosure statement that is true and correct in accordance with the Corporations Act 2001, and for such internal control as the directors determine is necessary to enable the preparation of: (a) the financial report (other than the consolidated entity disclosure statement) that gives a true and fair view and is free from material misstatement, whether due to fraud or error; and (b) the consolidated entity disclosure statement that is true and correct and is free from material misstatement, whether due to fraud or error. In preparing the financial report, the directors are responsible for assessing the ability of the Group to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the Group or to cease operations, or have no realistic alternative but to do so. Auditor’s Responsibilities for the Audit of the Financial Report Our objectives are to obtain reasonable assurance about whether the financial report as a whole is free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with Australian Auditing Standards will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of this financial report.
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43 As part of an audit in accordance with the Australian Auditing Standards, we exercise professional judgement and maintain professional scepticism throughout the audit. We also: − Identify and assess the risks of material misstatement of the financial report, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. − Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Group’s internal control. − Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the directors. − Conclude on the appropriateness of the directors’ use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Group’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial report or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the Group to cease to continue as a going concern. − Evaluate the overall presentation, structure and content of the financial report, including the disclosures, and whether the financial report represents the underlying transactions and events in a manner that achieves fair presentation. We communicate with the directors regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. We also provide the directors with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, actions taken to eliminate threats or safeguards applied. From the matters communicated with the directors, we determine those matters that were of most significance in the audit of the financial report of the current period and are therefore the key audit matters. We describe these matters in our auditor’s report unless law or regulation precludes public disclosure about the matter or when, in extremely rare circumstances, we determine that a matter should not be communicated in our report because the adverse consequences of doing so would reasonably be expected to outweigh the public interest benefits of such communication. REPORT ON THE REMUNERATION REPORT Opinion on the Remuneration Report We have audited the Remuneration Report included within the Directors’ Report for the year ended 30 June 2026. In our opinion, the Remuneration Report of Oakajee Corporation Limited for the year ended 30 June 2026 complies with Section 300A of the Corporations Act 2001.
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44 Responsibilities The directors of the Company are responsible for the preparation and presentation of the Remuneration Report in accordance with Section 300A of the Corporations Act 2001. Our responsibility is to express an opinion on the Remuneration Report, based on our audit conducted in accordance with Australian Auditing Standards. HLB Mann Judd D B Healy Chartered Accountants Partner Perth, Western Australia 29 September 2026
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Oakajee Corporation Limited Shareholder information 30 June 2026 45 The shareholder information set out below was applicable at 14 September 2026. A. Shareholding 1. Substantial Shareholders The names of the substantial shareholders: Holder No. Shares % Mr Cesare Ceniviva (including his associated entities) 12,273,334 13.42% Success Concept Investment Ltd 9,513,447 10.40% Mr Mark Jones (including his associated entities) 6,400,000 7.00% Mr Garry Thomas (including his associated entities) 6,333,334 6.93% Mr Stephen Schmedje (including his associated entities) 5,543,886 6.06% BNP Paribas Nominees Pty Ltd 4,922,698 5.38% Total 44,986,699 49.19% 2. Number of holders in each class of equity securities There are 388 holders of ordinary shares. 3. Voting Rights Each shareholder is entitled to one vote per share held. On a poll, every holder of ordinary shares present at a meeting, either in person or by proxy, is entitled to one vote for each share held. 4. Distribution schedule of the number of ordinary shareholders Size of Holding No. of Holders Shares Held % of Issued Capital 1 - 1,000 19 4,707 0.01% 1,001 - 5,000 23 67,026 0.07% 5,001 - 10,000 78 706,639 0.77% 10,001 – 100,000 189 7,573,006 8.28% 100,001 and over 79 83,094,652 90.87% Total 388 91,446,030 100.00% 5. Unmarketable Parcel Based on the share price of $0.04, there are 123 shareholders with a total unmarketable holding of 814,372 fully paid ordinary shares, amounting to 0.89% of the Company’s issued capital. 6. Restricted Securities There was no restricted security under escrow at the date of this report. 7. On-market Buy Back At the date of this report, the Company is not involved in an on-market buyback.
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Oakajee Corporation Limited Shareholder information 30 June 2026 46 The shareholder information set out below was applicable at 14 September 2026. A. Shareholding (continued) 8. 20 largest holders of each class of quoted equity security The 20 largest shareholders of ordinary shares: Rank Shareholder No. Shares % 1 Mr Cesare Ceniviva (including his associated entities) 12,273,334 13.42% 2 Success Concept Investment Ltd 9,513,447 10.40% 3 Mr Mark Jones (including his associated entities) 6,400,000 7.00% 4 Mr Garry Thomas (including his associated entities) 6,333,334 6.93% 5 Mr Stephen Schmedje (including his associated entities) 5,543,886 6.06% 6 BNP Paribas Nominees Pty Ltd 4,922,698 5.38% 7 Sancoast Pty Ltd 4,500,000 4.92% 8 Mr Douglas Rose (including his associated entities) 3,145,099 3.44% 9 Mr Jeffrey Jones (including his associated entities) 3,072,228 3.36% 10 Falfaro Investments Limited 3,000,000 3.28% 11 Simdilex Pty Ltd <NSD A/C> 1,600,000 1.75% 12 Finnian Group Pty Ltd 1,311,301 1.43% 13 Santa Fe Minerals Limited 1,286,250 1.41% 14 Mrs Rosa Di Falco (including her associated entities) 1,285,010 1.41% 15 HSBC Custody Nominees (Australia) Limited 1,268,968 1.39% 16 Vassago Pty Ltd <Aston A/C> 1,207,659 1.32% 17 Mr Kim Meldrum 1,000,834 1.09% 18 Talex Investments Pty Ltd 990,000 1.08% 19 Mrs Kelly Anne Seville (including her associated entities) 750,000 0.82% 20 Raccolto Investments Pty Ltd <Mapleleaf Super Fund A/C> 700,000 0.77% Total 70,104,048 76.66% B. Other Details 1. Company Secretaries The names of the Company Secretaries are Henko Vos and Geraldine Holland. 2. Address and telephone details of the Company’s registered and administrative office 39 Clifton Street Nedlands WA 6009 Telephone: +61 8 9389 6032 Facsimile: +61 8 9389 8226 3. Address of the office at which a register of securities is kept Automic Group Pty Ltd Level 5, 126 Phillip Street Sydney NSW 2000
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Oakajee Corporation Limited Shareholder information 30 June 2026 47 The shareholder information set out below was applicable at 14 September 2026. B. Other Details (continued) 4. Securities Exchange on which the Company’s securities are quoted: The Company’s listed equity securities are quoted on the Australian Securities Exchange (ASX:OKJ). 5. Review of Operations A review of operations is contained in the Directors’ Report. C. Interests in Mining Tenements as at the date of this Report Summary of Mining Tenements As at 30 June 2026, the Company currently has an interest in the following projects: Western Australian Tenements – Paynes Find Gold Project The Company and relevant parties below have formed an unincorporated joint venture for the purpose of exploration and development of the relevant part of the Paynes Find Gold Project. The Company will be manager and have control over all operations pertaining to the Paynes Find Gold Project. The Company is the beneficial holder of the below tenements: • an 80% interest in the non-lithium mineral rights in respect of E59/2055 and E59/2092 • an 80% interest in E59/2312 and M59/549. Tenement Lease Manager & Operator Registered Holder Location Status E59/2055 Oakajee Corporation Ltd Sayona Lithium Pty Ltd WA Granted E59/2092 Oakajee Corporation Ltd Sayona Lithium Pty Ltd (80%) Bruce Robert Legendre (20%) WA Granted E59/2312 Oakajee Corporation Ltd Bruce Robert Legendre (20%) Oakajee Exploration Pty Ltd (80%) WA Granted M59/549 Oakajee Corporation Ltd Bruce Robert Legendre (20%) Oakajee Exploration Pty Ltd (80%) WA Granted The below tenement at the Paynes Find Gold Project is wholly owned by Oakajee Corporation Limited and does not fall under any joint venture agreement: Tenement Lease Manager & Operator Registered Holder Location Status E59/2391 Oakajee Corporation Ltd Oakajee Exploration Pty Ltd (100%) WA Granted