September 1, 2025

GRANGEX AB (publ) (“Grangex” or “the Company”) is today pleased to announce the completion of a Definitive Feasibility Study (“DFS”) for the restart of operations at the Company’s Sydvaranger mine, located in Kirkenes, Northern Norway (the “Sydvaranger Mine”). Key highlights from the DFS include: • Pre-tax NPV8 of US$1,552m • Pre-Tax IRR of 37.7% • 25 years total mine life • Total production of 63.3mt of 70% ultra-high-grade direct reduction magnetite concentrate • Life of mine cash operating cost of US$56.1/t of concentrate • Phase 1 capital expenditure of US$193.6m and Phase 2 capital expenditure of US$223.8m

June 4, 2025

(“Grangex” or “the Company”) is today pleased to announce that it has executed an additional US$9,500,000 royalty agreement with Anglo American (“Additional Sydvaranger Royalty”). The proceeds of the Additional Sydvaranger Royalty will be utilized by the Company for the completion of a process to secure project financing for the Sydvaranger Mine post the completion of the currently underway new feasibility study (“Feasibility Study”) and for general working capital purposes.

February 20, 2025

Sydvaranger Drift AS and Bjørnevatn Idrettslag (BIL) have entered into a cooperation agreement that will contribute to the continued development of the club. The agreement, signed on Thursday, February 20th 2025, provides crucial support to Bjørnevatn IL's women's and men's teams, and they will have the Sydvaranger's logo set to feature on the team uniforms in the upcoming seasons. Special focus will be placed on the women's soccer team, which competes in the 2nd division.