CTM H1 2026 Financial Report

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Centaurus Metals Limited and its controlled entities ABN 40 009 468 099 Condensed Interim Financial Report 30 June 2026

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Centaurus Metals Limited ABN 40 009 468 099 And its controlled entities Page 2 of 22 Contents Directors’ Report .................................................................................................................................................................. 3 Auditor’s Independence Declaration .................................................................................................................................... 9 Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income ................................................ 10 Condensed Consolidated Statement of Financial Position ................................................................................................. 11 Condensed Consolidated Statement of Changes in Equity ................................................................................................. 12 Condensed Consolidated Statement of Cash Flows ........................................................................................................... 13 Notes to the Condensed Consolidated Interim Financial Statements ................................................................................ 14 Directors’ Declaration ......................................................................................................................................................... 20 Independent Auditor’s Report ............................................................................................................................................ 21

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Centaurus Metals Limited ABN 40 009 468 099 And its controlled entities Page 3 of 22 Directors’ Report The directors present their interim financial report on the Consolidated Entity (Group) consisting of Centaurus Metals Limited (Centaurus or the Company) and the entities it controlled at the end of, or during, the half-year ended 30 June 2026. 1 Directors The following persons were directors of the Company during the half-year and up to the date of this report:  Mr D M Murcia Independent Non-Executive Chair  Mr D P Gordon Managing Director  Mr B R Scarpelli Executive Director  Mr M D Hancock Independent Non-Executive Director  Mr C A Banasik Independent Non-Executive Director  Dr N Streltsova Independent Non-Executive Director 2 Review of Operations 2.1 Financial Position The total consolidated loss for the half -year was $6,722,832 (2025: $9,457,991). Included in the loss is exploration expenditure of $4,033,112 (2025: $6,816,821). At the end of the half -year the Group had a net cash balance of $ 17,498,772 (2025: $24,577,181) and net assets of $41,372,529 (2025: $45,058,256). 2.2 Operations Review The half year ending 30 June 202 6 was a period of significant progress across the Company’s asset portfolio in Brazil, with continued advancement of engineering, financing and early -stage development activities at the Company's flagship Jaguar Nickel Sulphide Project, encouraging exploration results from the combined Boi Novo -Rio Novo Copper -Gold Project, and highly encouraging pilot plant results supporting the potential production of a Direct Reduction (DR) quality pellet feed concentrate from the Jambreiro Iron Ore Project. 2.2.1 Jaguar Nickel Sulphide Project The Jaguar Nickel Sulphide Project is located in the world-class Carajás Mineral Province of northern Brazil ( Figure 1). The Project is approximately 250km from the regional city of Parauapebas (population ~267,000) in the northern Brazilian State of Pará and sits within a 30km 2 tenement package in the São Félix do Xingu municipality. The Carajás Mineral Province is Brazil’s premier mining hub, containing one of the world’s largest known concentrations of bulk tonnage Iron Oxide-Copper- Gold (IOCG) and iron ore deposits. Jaguar represents one of the few potential new sources of nickel supply outside of Indonesia . Jaguar’s first quartile cost positioning enables it to compete with Indonesia n nickel projects and generate strong margins through the nickel price cycle.

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Centaurus Metals Limited ABN 40 009 468 099 And its controlled entities Page 4 of 22 Figure 1 – The Jaguar Nickel Sulphide Project location in the Carajás Mineral Province, Brazil KEY APPOINTMENT During the reporting period, Centaurus appointed highly experienced mining executive Thiago Costa, a mechanical engineer with over 25 years’ experience in Brazil, as Project Director to lead the development of the Jaguar Nickel Project. ENGINEERING & PROJECT DEVELOPMENT Basic Engineering activities were completed during the period, with revisions to the data packages that form the basis of detailed engineering and procurement in Brazil now finalised, including the associated designs, engineering data packages and specifications for the procurement of major equipment. Core engineering deliverables , including the p rocess design criteria, process flow diagrams (PFDs), piping and instrumentation drawings (P&IDs), mechanical equipment list, mass balance and project layout, were revised to incorporate process flowsheet modifications combining high and low-sulphide waste streams into a single facility, simplifying the tailings circuit and eliminating the requirement for a separate sulphide waste concentrate stream. The tailings storage facility design was revised to reflect the integration of the two tailings streams, with updated dam geotechnical assessments, dam break studies and amendments to operating plans completed. Optimisation of the site layout has reduced the overall project disturbance footprint by 72 hectares (7.5%), including a 1.3-hectare reduction in primary forest impact. Material take off (MTO) work covering the major construction packages commenced during the period , with this work expected to assist in the development of the final CAPEX estimate and support a f inal investment decision (FID). Following the key appointment of Thiago Costa as Project Director for Jaguar, the project team has continued to expand, with some high-quality additions in the areas of engineering, procurement and project controls. The Company expects that the project team will continue to ramp up as work activities advance on multiple fronts. Third-party engineering reviews of the project layout, integrated waste landform (IWL) and 230kV transmission line designs are underway, with design revisions to be locked down early in the next reporting period. Engagement with key engineering groups, construction contractors and other suppliers is also ramping up to prepare for the commencement of critical path work once a positive FID has been made. Amendments to the process flowsheet, tailings storage facility and site layout were submitted to the Pará State environmental authority (SEMAS) in accordance with Installation Licence (LI) conditions and have since been approved and formally incorporated into the project's LI.

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Centaurus Metals Limited ABN 40 009 468 099 And its controlled entities Page 5 of 22 On site, test pitting at major load locations within the plant site and the IWL has been completed in support of the feasibility and Jaguar Value Engineering Project studies. Further geotechnical drilling and laboratory testing commenced subsequent to the end of the reporting period , which will also confirm geotechnical characteristics for IWL construction materials and sources of engineered fill. EARLY DEVELOPMENT WORKS Towards the end of the reporting period, the Company mobilised earthmoving contractors to site to commence select early development activities. This work included earthworks for the project site office and establishing the foundational infrastructure required to support ongoing construction activities and project management operations. In parallel, the earthmoving contractors began the initial phase of roadworks, with road widening , improved drainage and grading upgrades along the site access road (Três Marias Road) that connects the Jaguar Project site to the municipal road that runs between Tucumã and Ladeira Vermelha (Laranjeiras Road). These early works on the road are aimed at improving site accessibility and ensuring the route can adequately support the increased traffic anticipated during the construction phase. Further select road improvements will be made on Laranjeiras Road over the next few months to support smooth site access once FID is made. APPROVALS Subsequent to the reporting period, Centaurus Níquel Ltda, the Company's wholly-owned Brazilian subsidiary which controls 100% of the Jaguar Nickel Sulphide Project , received approval from the Operador Nacional do Sistema Elétrico – ONS (National Operator of the Electric Grid) to connect the project to the national 230kV power grid. The approval secures an initial allocation of 20MW of power and represents an importa nt infrastructure milestone in the project’s ongoing development, providing access to reliable, low -cost electricity through connection to the Brazilian national high -voltage power grid which connects the entire country through an extensive transmission network. Centaurus holds all key environmental approvals and mining licences required to commence construction of the Jaguar Project. PARÁ STATE TAX INCENTIVES During the reporting period, Cent aurus Níquel Ltda was selected by the State of Pará to receive wide- ranging State tax incentives supporting the project's development, effective immediately. These incentives are granted to nickel operations that meet a set of criteria spanning ESG credentials and the scale of the project's investment in the State. OFFTAKE AND STRATEGIC PARTNERING During the reporting period, the Company f urther strengthened the project’s development pathway, with the execution of a binding Offtake Agreement with Glencore for the supply of nickel concentrate representing approximately 30% of the planned LOM annual production from the Jaguar Project. This Glencore offtake agreement, together with ongoing offtake discussions with other potential customers, continue to support the ongoing processes to secure debt and equity funding for the Project. The Company is continuing to explore all equity funding options to support FID. PROJECT FINANCING During the reporting period, the Company advanced the project financing process for the Jaguar Project. Strong interest was received from 10 leading institutions for debt funding, with non- binding offers received for up to US$320 million including multiple proposals over US$250 millio n. The proposals included a non- binding Letter of Intent for long -term debt funding from the Brazilian National Development Bank, who are strongly supportive of funding critical mineral projects in Brazil. The Company negotiated with short -listed potential financiers and appointed independent technical expert (ITE) and independent environmental and social consultant (IESC), SLR Consulting. The ITE and IESC processes are nearing completion which will then allow the Company to select it’s preferred financier group and service credit approved term s, early in the next reporting period. The receipt of credit approved terms will be one of the key catalysts for making a FID.

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Centaurus Metals Limited ABN 40 009 468 099 And its controlled entities Page 6 of 22 2.2.2 Boi Novo Copper-Gold Project The Boi Novo Copper -Gold Project covers 75km2 of highly prospective ground in northern Brazil and represents a district - scale copper-gold exploration opportunity in Brazil's Carajás Mineral Province. Boi Novo is located 30km from Parauapebas, the regional centre of the Carajás and the location of a load-out facility for the rail that takes Vale’s Northern System iron ore and copper concentrates from the Carajás to the port of São Luis (Figure 1). The Project is located on cleared farmland. A 5km gravel road connects to the State Highway, 25km from Parauapebas, with a high-voltage power line (230kV) crossing the tenement area. During the reporting period , Centaurus advanced both the established Boi Novo tenure and the newly acquired adjoining Rio Novo tenure, with drill results continuing to confirm strong copper-gold prospectivity across the combined project area. Significant activities undertaken during the reporting period at the Boi Novo and Rio Novo Copper -Gold projects included: • Initial surface exploration at Rio Novo identified several large -scale copper -in-soil anomalies within highly prospective geology, including BIF sequences, mafic volcanics, and a well -developed contact zone with the Estrela granite complex, with land access secured over ~95% of the tenement and coherent anomalies extending up to 2km along a structurally controlled BIF-mafic corridor. • The most recent 13 -hole (1,563m) drill program at Boi Novo took total drilling completed to date to 56 holes for 8,689m, with previously reported high-grade results of up to 36.7m at 1.58% Cu (including 9.2m at 2.73% Cu) 1 and 5.5m at 8.38% Cu (including 2.0m at 22.03% Cu) 2 confirming high -grade chalcopyrite -rich breccia zones at the Nelore Prospect. • Follow-up drilling at Nelore West defined mineralisation along a 500m structural corridor, including a key intercept of 6.7m at 1.53% Cu and 0.30g/t Au, while drilling at Nelore East confirmed copper-gold mineralisation along FLEM- defined conductive structures, including 3.9m at 1.78% Cu and 0.42g/t Au 3. • Preliminary bench-scale flotation testing at ALS Metallurgy (Perth) produced a +25% copper concentrate at ~95% recovery (including 1.3g/t gold at ~60% recovery), demonstrating that Boi Novo ore could potentially be processed at nearby small-scale Carajás flotation facilities. • Drilling continued to intersect both weathered and fresh BIF at Boi Novo, including 85.0m at 33.2% Fe from surface and 72.3m at 30.6% Fe from 47.3m, supporting the Project's Exploration Target of 520– 780Mt grading 30–35% Fe across four prospects (Bufalo, Guzera, Nelore and Zebu) 4. Over the next 12 months, work will focus on advancing Rio Novo through FLEM surveying and drone magnetic surveys ahead of a new drilling campaign planned for H2 2026, which will incorporate newly defined Rio Novo targets into a broader, project-wide Boi Novo drill program. In the interim, the Company will continue to refine the Boi Novo geological model. 2.2.3 Jambreiro Iron Ore Project The Company’s 100%-owned Jambreiro Project is located in south- east Brazil (Figure 2) close to the Company’s head office in the city of Belo Horizonte. It formed part of Centaurus’ foundational portfolio of strategic minerals projects in Brazil and comprises a substantial Mineral Resource for which Centaurus continues to evaluate potential development and monetisation pathways.

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Centaurus Metals Limited ABN 40 009 468 099 And its controlled entities Page 7 of 22 Figure 2 – Jambreiro Iron Ore Project Location. During the reporting period, t he Company continued offtake discussions, environmental re -licensing of the Project and completed a pilot plant testwork program, with highly encouraging results, confirming the potential to produce a high - quality direct reduction (DR) pellet feed product over the projected mine life. Over half a tonne of high-grade DR concentrate was successfully produced from the pilot program, with an average product specification of 67.8% iron, 1.45% silica and 0.48% alumina (silica + alumina of 1.93%) achieved. This specification comfortably meets the requirements for a DR quality product. Importantly, the average phosphorus grade in the concentrate product was also very low at 0.02% 5. The results showed an average metallurgical recovery of 89.3% (close to the 89.1% obtained in bench -scale tests) and an average mass recovery of 40.33% (higher than the bench -scale tests of 37.6% due to testing with a circulating load, which was not part of the bench scale work). Tails stream testing and laboratory tails geotechnical testwork for co -disposal of tails and waste was also completed during the period. The results can now be used to design the waste/tails dumps. 2.2.4 Occupational Health & Safety At the end of the reporting period, the Company’s personnel had worked more than 762,000 hours and 48 months without a Lost Time Injury (LTI). The 12 -month reportable injury frequency rate at the end of the period was 0 and the 12 -month severity rate was 0. 2.2.5 Environmental, Social & Governance Centaurus’ ESG program combines the Towards Sustainable Mining (TSM) A and Principles of Responsible Investment (PRI) guidelines with actions to be implemented during exploration and operations. During the reporting period, Centaurus published its 2025 Sustainability Report, which outlined the Company’s key sustainability initiatives and performance over the 2025 calendar year and its continued goals for the years ahead. A TSM - Principles developed by the Mining Association of Canada and PRI - a global organisation that promotes responsible investment practices in the investment industry.

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Centaurus Metals Limited ABN 40 009 468 099 And its controlled entities Page 8 of 22 Local Workforce Training Programs Centaurus continues to provide training programs in conjunction with the Brazilian industry training college , SENAI. Centaurus intends to train over 1,500 people in various trades that will allow them to seek employment once construction of the Jaguar Project commences. Over the reporting period, the Company delivered three training sessions on information technology and d igital transformation to entrepreneurs from São Félix do Xingu, including Ladeira Vermelha and Minerasul, as well as Tucumã and Ourilândia do Norte. Local Community Support Plan The Company also continued its technical training program for local suppliers surrounding the Jaguar Project, aimed at upskilling suppliers so they can provide goods and services and support the future development of the Jaguar Project. The partnerships with local primary schools in the nearby villages also continued, offering further educational support to 50 teachers from three participating schools, providing ongoing support to continue the schools’ vegetable garden program, to promote healthy eating to students. 3 Relevant Market Announcements This report contains information relating to exploration results and exploration targets extracted from the ASX market announcements made by the Company listed below. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements, that all material assumptions and technical parameters underpinning the estimates in the original market announcements continue to apply and have not materially changed. The Company confirms that the form and context in which the competent person’s findings were presented have not been materially modified from the original announcements. The information in this report that relates to Exploration Targets is based on information compiled by Mr Roger Fitzhardinge, who is a Member of the Australasia Institute of Mining and Metallurgy. Mr Fitzhardinge is a permanent employee and shareholder of Centaurus Metals Limited. Mr Fitzhardinge has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr Fitzhardinge consents to the inclusion in the report of the matters based on his information in the form and context in which it appears. 1 ASX Announcement 5 June 2025 2 ASX Announcement 28 January 2025 3 ASX Announcement 6 May 2026 4 ASX Announcement 30 June 2025 5 ASX Announcement 16 February 2026 4 Events Subsequent to Reporting Date There has not arisen, in the interval between the end of the period and the date of this report an item, transaction or event of a material and unusual nature likely, in the opinion of the directors of the Company, to affect significantly the operations of the Group, the results of those operations, or the state of affairs of the Group, in future financial years. A copy of the auditor’s independence declaration as required under section 307C of the Corporations Act 2001 for the half- year ended 30 June 2026 is set out on page 9. D P Gordon Managing Director Perth 10 September 2026

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Centaurus Metals Limited ABN 40 009 468 099 And its controlled entities Page 10 of 22 Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income For the half-year ended 30 June 2026 Profit or Loss Notes 30 June 2026 $ 30 June 2025 $ Other Income 42,081 4,385 Exploration and evaluation expenditure (4,033,112) (6,816,821) Impairment of other receivables 6 (117,867) (107,814) Employee beneﬁts expense (1,443,609) (1,451,518) Share - based payments expense 5 (676,496) (540,587) Listing and share registry fees (101,858) (94,174) Professional fees (265,490) (206,886) Depreciation (133,924) (136,865) Other expenses (499,192) (414,748) Results from operating activities (7,229,467) (9,765,028) Interest income 541,784 345,005 Finance expense (35,149) (37,968) Loss before income tax (6,722,832) (9,457,991) Income tax expense - - LOSS FOR THE PERIOD (6,722,832) (9,457,991) Other Comprehensive Income Items that may be reclassiﬁed subsequently through proﬁt or loss Exchange diﬀerences arising on retranslation of foreign operations 468,992 1,079,187 Other comprehensive income for the period 468,992 1,079,187 TOTAL COMPREHENSIVE LOSS FOR THE PERIOD (6,253,840) (8,378,804) Earnings per Share Cents Cents Basic loss per share (1.19) (1.92) Diluted loss per share (1.19) (1.92) The above Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income should be read in conjunction with the accompanying Notes.

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Centaurus Metals Limited ABN 40 009 468 099 And its controlled entities Page 11 of 22 Condensed Consolidated Statement of Financial Position As at 30 June 2026 Notes 30 June 2026 $ 31 December 2025 $ Current assets Cash and cash equivalents 17,498,772 24,577,181 Other receivables and prepayments 6 802,954 494,838 Inventories 80,033 87,760 Total current assets 18,381,756 25,159,779 Non-current assets Other receivables and prepayments 6 213,033 206,917 Property, plant and equipment 7 8,547,043 8,429,509 Exploration and evaluation assets 8 1,614,324 1,570,025 Mine development properties 9 19,292,202 15,392,119 Total non-current assets 29,666,602 25,598,570 Total assets 48,048,358 50,758,349 Current liabilities Trade and other payables 10 2,609,925 1,896,004 Provisions 11 892,327 894,083 Lease liability 12 245,199 217,746 Employee beneﬁts 1,165,938 1,012,330 Total current liabilities 4,913,389 4,020,163 Non-current liabilities Provisions 11 1,204,344 1,032,663 Lease liability 12 418,749 506,681 Employee beneﬁts 139,347 140,586 Total non-current liabilities 1,762,440 1,679,930 Total liabilities 6,675,829 5,700,093 NET ASSETS 41,372,529 45,058,256 Equity Share capital 307,315,096 305,423,479 Reserves (6,867,765) (7,371,588) Accumulated losses (259,074,802) (252,993,635) TOTAL EQUITY 41,372,529 45,058,256 The above Condensed Consolidated Statement of Financial Position should be read in conjunction with the accompanying Notes.

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Centaurus Metals Limited ABN 40 009 468 099 And its controlled entities Page 12 of 22 Condensed Consolidated Statement of Changes in Equity For the half-year ended 30 June 2026 Issued Capital $ Share-Based Payments Reserve $ Foreign Currency Translation Reserve $ Accumulated Losses $ Total Equity $ Balance at 1 January 2026 305,423,479 2,082,354 (9,453,942) (252,993,635) 45,058,256 Loss for the period - - - (6,722,832) (6,722,832) Foreign currency translation diﬀerence for foreign operations - - 468,992 - 468,992 Total comprehensive loss for the period - - 468,992 (6,722,832) (6,253,840) Share-based payment transactions - 676,496 - - 676,496 Issue of ordinary shares 162,000 162,000 Share options exercised 1,749,493 - - - 1,749,493 Share issue costs (19,876) - - - (19,876) Transfer of options lapsed - (641,665) - 641,665 - Total transactions with owners 1,891,617 34,831 - 641,665 2,568,113 BALANCE AT 30 JUNE 2026 307,315,096 2,117,185 (8,984,950) (259,074,802) 41,372,529 Balance at 1 January 2025 282,542,038 2,267,749 (9,950,042) (239,431,201) 35,428,544 Loss for the period - - - (9,457,991) (9,457,991) Foreign currency translation diﬀerence for foreign operation - - 1,079,187 - 1,079,187 Total comprehensive loss for the period - - 1,079,187 (9,457,991) (8,378,804) Share-based payment transactions - 540,587 - - 540,587 Transfer of options lapsed - (745,636) - 745,636 - Total transactions with owners - (205,049) - 745,636 540,587 BALANCE AT 30 JUNE 2025 282,542,038 2,062,700 (8,870,855) (248,143,556) 27,590,327 The above Condensed Consolidated Statement of Changes in Equity should be read in conjunction with the accompanying Notes.

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Centaurus Metals Limited ABN 40 009 468 099 And its controlled entities Page 13 of 22 Condensed Consolidated Statement of Cash Flows For the half-year ended 30 June 2026 Notes 30 June 2026 $ 30 June 2025 $ Cash flows from operating activities Exploration and evaluation expenditure (3,353,199) (7,235,111) Payments to suppliers and employees (inclusive of GST) (2,241,414) (2,027,314) Other receipts 19,319 3,885 Interest received 568,453 400,911 Net cash used in operating activities (5,006,841) (8,857,629) Cash flows from investing activities Payments for mine development (3,282,798) (87,891) Payments for property plant & equipment (165,423) (24,493) Payment of security deposits (217,389) - Proceeds from the sale of property plant and equipment 34,949 500 Net cash used in investing activities (3,630,661) (111,884) Cash flows from financing activities Proceeds from exercise of options 1,749,493 - Capital raising costs (19,876) - Payment of lease liability (190,697) (151,125) Net cash from financing activities 1,538,920 (151,125) Net increase/ (decrease) in cash and cash equivalents (7,098,582) (9,120,638) Cash and cash equivalents at the beginning of the period 24,577,181 18,043,388 Eﬀect of exchange rate ﬂuctuations on cash held 20,173 148,664 CASH AND CASH EQUIVALENTS AT 30 JUNE 17,498,772 9,071,414 The above Condensed Consolidated Statement of Cash Flows should be read in conjunction with the accompanying Notes.

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Centaurus Metals Limited ABN 40 009 468 099 And its controlled entities Page 14 of 22 Notes to the Condensed Consolidated Interim Financial Statements For the half-year ended 30 June 2026 Note 1. Reporting Entity Centaurus Metals Limited (the Company) is a company domiciled in Australia. These condensed consolidated interim financial statements (interim financial statements) as at and for the six months ended 30 June 202 6 comprise the Company and its subsidiaries (together referred to as the Group). The Group is primarily involved in exploration for and evaluation of mineral resources & development. Note 2. Basis of Preparation 2.1 Statement of Compliance The condensed consolidated interim financial statements are general purpose financial statements prepared in accordance with AASB 134 Interim Financial Reporting and the Corporations Act 2001. They do not include all the information required for a complete set of IFRS financial statements. However, selected explanatory notes are included to explain the events and transactions that are significant to an understanding of the changes in the Group’s financial position and performance since the last annual consolidated financial statements as at and for the year ended 31 December 2025. The interim financial statements were authorised for issue by the Board of Directors on 10 September 2026. 2.2 Judgements and Estimates In preparing these interim financial statements, management make judgements, estimates and assumptions that affect the application of accounting policies and the reported amounts of assets and liabilities, income and expenses. Actual results may differ from these estimates. The significant judgements made by management in applying the Group’s accounting policies and the key sources of estimation uncertainty, other than the estimations required for asset acquisitions were the same as those applied to the consolidated financial statements as at and for the year ended 31 December 2025. 2.3 Going Concern The interim financial statements for the period ended 30 June 2026 have been prepared on a 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. The Group incurred a loss of $ 6,722,832 for the period with net cash outflows of $ 7,089,582. The Group has a working capital surplus of $13,468,367. While the Group had cash on hand of $17,498,772 as at 30 June 2026, the Group will need additional funding in order to meet the its stated strategic objectives , including targeting a Final Investment Decision on the Jaguar Nickel Project . Whilst there is no certainty that additional funding will be available to achieve its planned objectives, the directors believe that the Group will be able to secure funding based on the Company’s historical success of raising capital and progress in its debt-funding process . The form, value and timing of any future transactions that may provide funding is yet to be determined and will depend amongst other things, on capital markets, commodity prices and the outcome of planned development activities. The directors have a reasonable expectation that further funding will be obtained to meet the Group’s objectives. In addition, the directors have considered the minimum expenditure requirements necessary in order to maintain tenements in good standing and to meet committed expenditures for the 12 -month period from the date of this report. In undertaking this analysis, the directors have considered which expenditure can be reduced if necessary. Based on this assessment, the directors consider the going concern basis of preparation to be appropriate.

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Centaurus Metals Limited ABN 40 009 468 099 And its controlled entities Page 15 of 22 Note 3. Material Accounting Policies 3.1 Changes in Accounting Policy The accounting policies applied in these interim financial statements are the same as those applied in the Group’s consolidated financial statements as at and for the year ended 31 December 202 5. 3.2 Accounting Standards The Group has adopted all of the new, revised or amended Accounting Standards and Interpretations issued by the Australian Accounting Standards Board that are mandatory for the current reporting period. Any new, revised or amended Accounting Standards or Interpretations that are not yet mandatory have not been early adopted. The adoption of the new and revised Standards and Interpretations has not resulted in any changes to the Group’s accounting policies and has no effect on the amounts reported for current or prior periods. There are no accounting pronouncements which have become effective from 1 January 2026 that have a significant impact on the Group’s interim condensed consolidated financial statements . Note 4. Operating Segments The Group operates in the mineral exploration industry. For management purposes the Group is organised into one main operating segment which involves the exploration for and development of minerals. All of the Group’s activities are interrelated and financial information is reported to the Managing Director (Chief Operating Decision Maker) as a single segment. Accordingly, all significant operating decisions are based upon an analysis on the Group as one se gment. The financial results and financial position from this segment are largely equivalent to the financial statements of the Group as a whole. Geographical Segment Information 30 June 2026 Non-current Assets $ 31 December 2025 Non-current Assets $ Brazil 29,122,912 24,962,283 Australia 543,690 636,287 29,666,602 25,598,570 Note 5. Share-based Payments From time to time the Group may make share -based payments in connection with its activities. These payments may comprise the issue of options under various terms and conditions. Options granted carry no dividend or voting rights. When exercisable, each option is converted into one ordinary share of the Company with full dividend and voting rights. During the reporting period 4,151,886 options were issued to employees and executive directors (2025 : 4,900,298). Options issued to employees (2,301,104 options) were issued under the Employee Share Incentive Plan approved by shareholders at the Annual General Meeting on 2 6 May 2025. Options issued to executive directors were approved by shareholders at the Company’s Annual General Meeting on 28 May 2026 under ASX Listing Rule 10.11. 5.1 Reconciliation of Outstanding Employee and Director Share Options The number and weighted average exercise prices of share options issued to employees and directors are as follows: Weighted Average Exercise Price 30 June 2026 Number of Options 30 June 2026 Weighted Average Exercise Price 30 June 2025 Number of Options 30 June 2025 Outstanding at start of period $0.0000 10,337,358 $0.0000 6,662,280 Issued during the period $0.0000 4,151,886 $0.0000 4,900,298 Lapsed during the period $0.0000 (1,010,324) $0.0000 (701,982) Outstanding at balance date 13,478,920 $0.0000 10,860,596 Exercisable at balance date 524,840 $0.0000 523,238

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Centaurus Metals Limited ABN 40 009 468 099 And its controlled entities Page 16 of 22 The options outstanding at 30 June 2026 have an exercise price of $0.000 (2025: $0.000) and the weighted average remaining contractual life is 2.45 years (2025: 2.96 years). There were no options exercised during the period (2025: nil). There were 4,151,866 options issued during the period (2025: 4,900,298). Details of the options issued during the period are as follows: Grant Date Number of Options Vesting Period(1) Option Term Directors 28/05/26 925,391 36 months(2) 48 months 28/05/26 925,391 36 months(3) 48 months Total 1,850,782 Employees 07/02/26 1,150,552 36 months(2) 48 months 07/02/26 1,150,552 36 months(3) 48 months Total 2,301,104 (1) From 1 January 2026 subject to continued employment. (2) Options will vest in the future subject to performance and services based vesting conditions being met. The Company’s share price performance is measured via relative Total Shareholder Return (TSR). The Company’s TSR is measured against a peer group of companies. Vesting will occur subject to meeting a three -year service condition to 31 December 2028 and the performance condition tested against the relative TSR measure for the period 1 January 2026 to 31 December 2028. (3) Vesting will occur subject to meeting a three-year service condition to 31 December 2028 and the performance condition tested against the absolute TSR measure for the period 1 January 2026 to 31 December 2028. The following table sets out the vesting outcome based on the Company’s relative TSR performance. Percentile Ranking compared to Peers Vesting Less than 50th Percentile Zero Between 50th and 75th Percentile Pro rata between 50% and 100% Greater than 75th Percentile 100% No options will vest unless the percentile ranking of the Company’s TSR for the relevant performance year, as compared to the TSRs for the Peer Group companies, is at or above the 50th percentile. The following table sets out the vesting outcome based on the Company’s absolute TSR performance. Threshold TSR Level over Assessment Period Vesting Less than 15% Zero From 15% to less than 20% 25% From 20% the less than 25% 50% From 25% to less than 30% 75% 30% or greater 100% 5.2 Inputs for Measurement of Grant Date Fair Values The fair value at grant date of the share -based payments is charged to the income statement over the period which the benefits of the employee services are expected to be derived. The fair values of awards granted were estimated using a Monte Carlo simulation taking into account the following inputs:

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Centaurus Metals Limited ABN 40 009 468 099 And its controlled entities Page 17 of 22 Grant Date Expiry Date Exercise Price Life of Options Years Share Price at Grant Date Expected Share Price Volatility TSR Vesting Condition Risk Free Interest Rate Fair Value at Grant Date 07/02/26 31/12/29 $0.00 3.90 $0.520 65% Relative 4.196% $0.4387 07/02/26 31/12/29 $0.00 3.90 $0.520 65% Absolute 4.196% $0.3359 28/05/26 31/12/28 $0.00 3.60 $0.585 65% Relative 4.428% $0.5152 28/05/26 31/12/28 $0.00 3.60 $0.585 65% Absolute 4.428% $0.3886 5.3 Expenses Arising from Share Based Payment Transactions 30 June 2026 $ 30 June 2025 $ Total expense recognized as share based payment – share options 676,496 540,587 Note 6. Other Receivables and Prepayments 30 June 2026 $ 31 December 2025 $ Current Other receivables 152,918 131,566 Security deposits 234,892 10,133 Prepayments 415,144 353,139 802,954 494,838 Non Current Other receivables 4,834,999 4,853,828 Provision for impairment (4,834,999) (4,853,828) Security deposits 213,033 206,917 213,033 206,917 Non-current Other Receivables include Brazilian federal VAT (PIS-Cofins) levied on the Group’s purchases. Recoverability of PIS-Cofins assets is dependent upon the Group generating a federal company tax liability, which may be offset against the Group’s PIS-Cofins assets if the Group elects to do so. In line with the Jaguar Project’s early development stage, the Group continues to recogni se an impairment against PIS/COFINS assets. During the period the entity wrote off $255,332 which was previously provided for due to credits expiring (2025: $80,072). An impairment expense of $ 117,867 was recognized on indirect taxes receivable during the period (2025: $107,814). Note 7. Property, Plant and Equipment 30 June 2026 $ 31 December 2025 $ Opening net book value 8,429,509 8,327,944 Additions 208,560 390,217 Disposals (11,187) (5,396) Depreciation (301,344) (617,272) Eﬀect of movements in exchange rates 221,505 334,016 8,547,043 8,429,509

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Centaurus Metals Limited ABN 40 009 468 099 And its controlled entities Page 18 of 22 Note 8. Exploration and Evaluation Assets 30 June 2026 $ 31 December 2025 $ Opening net book value 1,570,025 12,415,962 Transferred to mine development properties - (10,765,841) Impairment - (192,188) Additions - 42,530 Eﬀect of movements in exchange rates 44,299 69,562 1,614,324 1,570,025 The Directors have concluded that the technical feasibility and commercial viability of the Jaguar Nickel Project is demonstrable and accordingly the carried forward exploration and evaluation expenditures have been reclassified to mine properties. The ultimate recoupment of exploration and evaluation expenditure carried forward is dependent on successful development and commercial exploitation or, alternatively, sale of the respective project areas. Note 9. Mine Development Properties 30 June 2026 $ 31 December 2025 $ Opening net book value 15,392,119 - Transferred from exploration and evaluation (refer to Note 8) - 10,765,841 Additions 3,633,889 4,376,525 Eﬀect of movements in exchange rates 266,194 249,753 19,292,202 15,392,119 Note 10. Trade and Other Payables 30 June 2026 $ 31 December 2025 $ Current Trade and other creditors 1,349,841 857,285 Accrued expenses 1,260,084 1,038,719 2,609,925 1,896,004 Note 11. Provisions 30 June 2026 $ 31 December 2025 $ Current 892,327 894,083 Non-Current 1,204,344 1,032,663 2,096,671 1,926,746 The grant of the Installation License application for the Jaguar Project gives rise to a liability of up to A$2.1m to the Para State Environmental Agency, SEMAS, for environmental compensation associated with the construction of the project. The settlement of the obligation will occur after the establishment of an agreed program. Note 12. Lease Liability 30 June 2026 $ 31 December 2025 $ Current 245,199 217,746 Non-Current 418,749 506,681 663,948 724,427

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Centaurus Metals Limited ABN 40 009 468 099 And its controlled entities Page 19 of 22 Note 13. Issued Capital 30 June 2026 Number of Shares 31 December 2025 Number of Shares On issue at beginning of period 562,827,818 496,701,213 Issue of ordinary shares upon exercise of unlisted options at $0.50 per share 3,498,986 - Issue of ordinary shares to consultants 300,000 - Issue of ordinary shares for placement at $0.3600 per share - 55,555,556 Issue of ordinary shares for share purchase plan at $0.3600 per share - 8,549,850 Issue of ordinary shares on exercise of unlisted zero exercise price options - 523,238 Issue of ordinary shares to brokers (capital raising fees) - 1,497,961 On issue at the end of the period – Fully paid 566,626,804 562,827,818 At the end of the half year, 30 June 2026, there were 42,781,537 unissued shares under option at various issue prices and vesting dates subject to vesting conditions. Note 14. Contingent Liabilities 14.1 Guarantees The Company has given guarantees in respect of bank security bonds amounting to $ 387,376 (2025: $217,715), secured by cash deposits lodged as security with the bank. 14.2 Jaguar Project Acquisition The terms of the Jaguar Sale and Purchase Agreement (as amended by the acquisition of the offtake rights by the Company in June 2023) with Vale give rise to the following contingent liabilities related to the Jaguar Project Acquisition.  US$5.0 million on first commercial production from the project payable to Vale;  a royalty of 2.00% on Net Operating Revenue generated from any future concentrate production from the project payable to Vale; and  a royalty of 1.8% on Net Operating Revenue generated from any future concentrate production from the project payable to BNDES. No material losses are anticipated in respect of any of the above contingent liabilities. There are no other contingent liabilities that require disclosure. Note 15. Subsequent Events There has not arisen, in the interval between the end of the period and the date of this report an y item, transaction or event of a material and unusual nature likely, in the opinion of the directors of the Company, to affect significantly the operations of the Group, the results of those operations, or the state of affairs of the Group, in future finan cial years.

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Centaurus Metals Limited ABN 40 009 468 099 And its controlled entities Page 20 of 22 Directors’ Declaration In the opinion of the directors of Centaurus Metals Limited (the “Company”): a) The condensed consolidated financial statements and notes set out on pages 10 to 19 are in accordance with the Corporations Act 2001, including: i) Giving a true and fair view of the Group’s financial position as at 30 June 2026 and of its performance, for the half-year ended on that date; and ii) Complying with Australian Accounting Standards (including the Australian Accounting Interpretations) and the Corporations Regulations 2001; and b) There are reasonable grounds to believe that the Company will be able to pay its debts as and when they become due and payable. Signed in accordance with a resolution of the directors. __________________ D P Gordon Managing Director Perth 10 September 2026

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KPMG, an Australian partnership and a member firm of the KPMG global organisation of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved. The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organisation. Liability limited by a scheme approved under Professional Standards Legislation. Independent Auditor’s Review Report To the shareholders of Centaurus Metals Limited Conclusion We have reviewed the accompanying Condensed Interim Financial Report of Centaurus Metals Limited. Based on our review, which is not an audit, we have not become aware of any matter that makes us believe that the Condensed Interim Financial Report of Centaurus Metals Limited does not comply with the Corporations Act 2001, including:  Giving a true and fair view of the Group’s financial position as at 30 June 2026 and of its performance for the half- year ended on that date; and  Complying with Australian Accounting Standard AASB 134 Interim Financial Reporting and the Corporations Regulations 2001. The Condensed Interim Financial Report comprises: • Condensed consolidated statement of financial position as at 30 June 2026; • Condensed consolidated statement of profit or loss and other comprehensive income, Condensed consolidated statement of changes in equity and Condensed consolidated statement of cash flows for the Half-year ended on that date; • Notes 1 to 15 comprising material accounting policies and other explanatory information; and • The Directors’ Declaration. The Group comprises Centaurus Metals Limited (the Company) and the entities it controlled at the Half year’s end or from time to time during the Half-year. Basis for Conclusion We conducted our review in accordance with ASRE 2410 Review of a Financial Report Performed by the Independent Auditor of the Entity. Our responsibilities are further described in the Auditor’s Responsibilities for the Review 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 our audit of the annual financial report of public interest entities in Australia. We have also fulfilled our other ethical responsibilities in accordance with these requirements.

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Responsibilities of the Directors for the Condensed Interim Financial Report The Directors of the Company are responsible for:  The preparation of the Condensed Interim Financial Report that gives a true and fair view in accordance with Australian Accounting Standards and the Corporations Act 2001; and  Suc h internal control as the Directors determine is necessary to enable the preparation of the Co ndensed Interim Financial Report that gives a true and fair view and is free from material mi sstatement, whether due to fraud or error. Auditor’s responsibilities for the Review of the Condensed Interim Financial Report Our responsibility is to express a conclusion on the Condensed Interim Financial Report based on our review. ASRE 2410 requires us to conclude whether we have become aware of any matter that makes us believe that the Condensed Interim Financial Report does not comply with the Corporations Act 2001 including giving a true and fair view of the Group’s financial position as at 30 June 2026 and its performance for the Half-Year ended on that date, and complying with Australian Accounting Standard AASB 134 Interim Financial Reporting and the Corporations Regulations 2001. A review of a Condensed Interim Financial Report consists of making enquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Australian Auditing Standards and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. KPMG Laura Cardy Partner Perth 10 September 2026

Interim report