Announcement PDF Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 1 / 6 Announcement Summary Entity name PARADIGM BIOPHARMACEUTICALS LIMITED.. Date of this announcement Tuesday February 17, 2026 The +securities the subject of this notification are: Total number of +securities to be issued/transferred ASX +security code Security description Total number of +securities to be issued/transferred Issue date New class - code to be confirmed Unlisted performance rights with 3 year expiry 5,508,000 17/02/2026 Refer to next page for full details of the announcement Other Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 2 / 6 Part 1 - Entity and announcement details 1.1 Name of entity PARADIGM BIOPHARMACEUTICALS LIMITED.. We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities. 1.2 Registered number type ACN Registration number 169346963 1.3 ASX issuer code PAR 1.4 The announcement is 1.5 Date of this announcement 17/2/2026 New announcement Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 3 / 6 Part 2 - Issue details 2.1 The +securities the subject of this notification are: Please specify Issue of performance rights to employees & Director. Issue to Director was approved at Nov 2025 AGM. 2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which: does not have an existing ASX security code ("new class") Other Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 4 / 6 Part 3C - number and type of +securities the subject of this notification (new class) New +securities ASX +security code New class - code to be confirmed +Security description Unlisted performance rights with 3 year expiry +Security type Other ISIN code Date the +securities the subject of this notification were issued 17/2/2026 Will all the +securities issued in this class rank equally in all respects from their issue date? Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. The material terms of the performance rights were set out in the Notice of Annual General Meeting announcement lodged with the ASX on 25 October 2023 Any other information the entity wishes to provide about the +securities the subject of this notification Each Performance Right converts to one Share when meeting the primary goal at the end of a vesting period. Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B N/A Issue details Number of +securities 5,508,000 Were the +securities issued for a cash consideration? Please describe the consideration being provided for the +securities Offered as long-term incentive. Purpose of the issue Other Additional Details A long-term incentive to employees No Yes Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 5 / 6 Part 4 - +Securities on issue Following the issue, conversion or payment up of the +securities the subject of this notification, the +securities of the entity will comprise: The figures in parts 4.1 and 4.2 below are automatically generated and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX for processing. 4.1 Quoted +securities (Total number of each +class of +securities issued and quoted on ASX) ASX +security code and description Total number of +securities on issue PAR : ORDINARY FULLY PAID 433,682,549 4.2 Unquoted +securities (Total number of each +class of +securities issued but not quoted on ASX) ASX +security code and description Total number of +securities on issue PARAAC : PERFORMANCE RIGHTS 6,558,600 PARAAE : OPTION EXPIRING 30-JUN-2027 EX $0.65 3,000,000 PARAAD : CONVERTIBLE NOTES 6,250,000 New class - code to be confirmed : Unlisted performance rights with 3 year expiry 5,508,000 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 6 / 6 Part 5 - Other Listing Rule requirements 5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? 5.2 Has the entity obtained, or is it obtaining, +security holder approval for the issue under listing rule 7.1? 5.2a Date of meeting or proposed meeting to approve the issue under listing rule 7.1 19/11/2025 Yes No