Further Subscription & Issue of Fee Shares

Vast Resources plc (AIM: VAST), the AIM-quoted mining and resource development company with a portfolio of producing and development-stage precious and polymetallic projects in Tajikistan and Romania, is pleased to announce that, as contemplated in the Company's announcement of 19 August 2026, it has raised £427,000 (gross) through a subscription (the "Further Subscription") of 6,837,600 new ordinary shares of £0.025 (2.25 pence) each in the Company (the "Further Subscription Shares") at a price of 6.25 pence each. The subscriber is an individual who was not able to participate in the Subscription, announced on 31 July 2026, due to time constraints.

The terms of the Further Subscription are the same as those in the Subscription both as to price and as to the undertakings given by the subscriber, it being understood that the subscriber has the intention of being a long-term holder of the shares.

In particular the subscriber is subject to the same orderly market provisions as the Subscribers. This includes, that for six months from Admission, he may not effect a transfer of his share (subject to minor exceptions) other than through the Company's broker subject to protections as to receiving terms relating to price and execution that are no less favourable than those being offered by other brokers for similar transactions.

The proceeds of the Further Subscription will be applied to general working capital.

Fee Shares

In addition to the Further Subscription, and on the same terms (as set out above), certain consultants to the Company have asked to covert fees owed to them by Vast into New Ordinary Shares at the Subscription Price (6.25 pence). This amounts to £58,355 which has been satisfied by the issue of 933,680 New Ordinary Shares (the "Fee Shares").

Total Voting Rights

Application will be made to AIM for the Further Subscription Shares and the Fee Shares, which will rank pari passu with existing ordinary shares, to be admitted to trading on AIM ('Admission'). It is expected that Admission will become effective and dealing will commence on or around 25 August 2026. The Further Subscription and Fee Share issuance is conditional on Admission.

Following the Admission, the total issued share capital of the Company will be 1,653,712,836 of £0.025 each. The Company does not hold any ordinary shares in Treasury and accordingly the above figure of 1,653,712,836 may then be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in Vast under the FCA's Disclosure and Transparency Rule.

For further information, please visit the Company's website at www.vastplc.com or contact: