Admission to Euronext Growth Oslo Confirmed

23 October 2026

AJAX RESOURCES PLC

("Ajax" or the "Company")

Admission to Euronext Growth Oslo Confirmed

First Day of Trading on 26 October 2026

Holding in the Company

Ajax [AQSE: AJAX], the natural resources investment company, is pleased to announce that, further to its notifications of 20 October 2026 and 22 October 2026, the Company's application for the admission of its ordinary shares of 1 pence each ("Ordinary Shares") to trading on Euronext Growth Oslo has been approved ("Admission"). Trading in the Ordinary Shares on Euronext Growth Oslo is expected to commence at 9:00 a.m. (CET) on 26 October 2026 under the ticker “AJAXR”.

The Company confirms that the conditions to Admission set out in its announcement of 20 October 2026 have been satisfied.

Trading information

Continued quotation on the Aquis Growth Market

Following Admission, the Ordinary Shares will continue to be quoted on the Aquis Growth Market under the ticker AJAX. The Board believes that the dual-market structure will expand the Company's reach across Norway, the Nordic region and the wider Euronext European market network, while maintaining access to its established UK shareholder base.

Unless otherwise defined herein, defined terms used in this announcement have the same meaning as those set out in the Company's announcement released at 07:00 a.m. on 20 October 2026.

Ippolito Ingo Cattaneo, Chief Executive Officer of Ajax Resources Plc, commented:

“We are proud to join Euronext, the leading pan-European market, through our admission to Euronext Growth Oslo, the most sophisticated market in Europe for natural resources companies. Aquis Stock Exchange has provided an excellent platform for Ajax’s growth, and Ajax has become one of the most liquid issuers on the market. Our dual quotation builds on that platform, strengthening our access to Nordic and international investors while retaining our Aquis quotation and established UK shareholder base.

I wish to thank our new and existing shareholders for their support through the Financing, and Euronext, our advisers and everyone involved in completing the admission process. We believe Ajax is well positioned in a commodities supercycle, as copper becomes increasingly important to the global economy and gold and silver continue to play vital economic roles. We look forward to advancing our exploration programmes across South America and Europe and delivering value for our shareholders.”

Holding in the Company

The Company’s announcement of 21 October 2026 incorrectly stated that Elmlea Properties Limited (“Elmlea”) holds a total interest of 4,787,500 Ordinary Shares, equivalent to 3.98% of the issued Ordinary Shares. The correct number of Ordinary Shares held by Elmlea (together with any other Ordinary Shares in which Michael Hutchinson is connected) is 4,747,500, equivalent to 3.95% of the Ordinary Shares currently in issue and admitted to trading on the Aquis Growth market. The Company’s website will be updated to correct the holding.

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About Ajax Resources Plc

Ajax Resources Plc is a UK natural resources investment company listed on the Aquis Stock Exchange (AQSE: AJAX) and admitted to trading on Euronext Growth Oslo (OSLO: AJAXR). The Company was previously listed on the FCA Official List of the Main Market of the London Stock Exchange as a Special Purpose Acquisition Company (SPAC) before transitioning to its current strategy as an operational natural resources investment vehicle.

Ajax is focused on identifying, acquiring and advancing assets containing copper, gold, silver, zinc, uranium and lead - commodities supported by strong long-term demand fundamentals. The Company's strategy centres on the acquisition and development of assets with historical production, significant untapped or latent potential, and substantial exploration upside, typically secured on highly advantageous terms. Ajax aims to progress these assets through development and into production, with the objective of generating revenue and long-term shareholder value.