MC MINING LIMITED DISCLOSURECurrent Reports (8-K / ad hoc)

MCM secures bridge funding and further capital support

ANNOUNCEMENT 13 August 2026 MC MINING SECURES US$16 MILLION OF FURTHER CAPITAL SUPPORT FROM KINETIC DEVELOPMENT GROUP THROUGH A US$8 MILLION BRIDGE LOAN AND ADDITIONAL SHARE SUBSCRIPTION MC Mining Limited (MC Mining or the Company) is pleased to announce that, on 12 August 2026, the Company entered into a loan agreement (the Loan Agreement) and a share subscription agreement (the Share Subscription Agreement) with its controlling shareholder, Kinetic Development Group Limited (KDG), pursuant to which KDG will provide the Company with capital support of up to US$16,000,000 in aggregate (together, the Transaction). The Transaction comprises an unsecured bridge loan of US$8,000,000, to be advanced to the Company shortly following satisfaction of the conditions precedent to drawdown, and a subscription by KDG (or by a wholly-owned subsidiary of KDG nominated by it) for new fully paid ordinary shares in the Company (Shares) for an aggregate subscription amount of US$16,000,000, to be subscribed in two equal tranches, at an issue price of US$0.2089 per Share (subject to adjustment in accordance with the ASX Listing Rules to reflect any subdivision, consolidation, bonus issue or rights issue of Shares occurring after the date of the Share Subscription Agreement). The bridge loan provides the Company with immediate access to working capital in advance of the shareholder meeting at which approval of the share subscription will be sought. BACKGROUND Shareholders are referred to the Company's announcement dated 5 May 2026, in which the Company confirmed completion of the staged subscription programme by KDG (through its wholly-owned special purpose vehicle, Kinetic Crest) and that, with effect from 22 April 2026, KDG became the controlling shareholder of MC Mining, holding 51.00% of the Company's ordinary shares on a fully diluted basis. Shareholders are further referred to the Company's previous announcements in relation to the on going convertible loan note programme under which the Company was funded in the aggregate amount of US$9,936,000 (the Convertible Loan Note Programme), comprising US$6,136,000 committed by KDG and US$3,800,000 committed by Eagle Canyon International Group Holding (Hong Kong) Limited (Eagle Canyon). The Transaction constitutes new and additional funding. It is not a variation, refinancing or extension of the Co