Target Market Determination

Made by:                Krakatoa Resources Limited (ACN 155 231 575) of Level 8, London House, 216 St Georges Terrance, Perth WA 6000 (Company)

Product:                Quoted options to be issued in connection with a prospectus, lodged by the Company on 20 November 2025, to acquire fully paid ordinary shares in the capital of the Company with an exercise price of $0.02 and an expiry date of 29 September 2028 (New Options).

Effective Date:      20 November 2025

Further information – Target Market Determination