Forward Looking Statements This report is intended to highlight some of the
Company’s sustainability efforts during the fiscal year ended June 30, 2025; it is not a comprehensive description or representation of all of the Company’s sustainability activities during that time. Forward Looking Statements Information
included in this report constitutes forward-looking statements. Often, but not always, forward-looking statements can generally be identified by the use of forward-looking words such as “may,” “will,” “expect,” “intend,” “plan,” “estimate,”
“anticipate,” “continue,” and “guidance,” or other similar words. Forward-looking statements in this report may include, without limitation, statements, information, and opinions regarding plans, strategies and objectives of management,
anticipated production or construction commencement dates, expected costs or production outputs, or sustainability initiatives, aspirations, and goals, including related to procurement, policy, environment, employee, data privacy,
cybersecurity, and philanthropy matters. Forward-looking statements inherently involve known and unknown risks, uncertainties and other factors that are often difficult to predict, which may cause the Company’s actual results, performance, and
achievements to differ materially from any future results, performance or achievements predicted in such statements. Relevant factors may include, but are not limited to, changes in commodity prices, foreign exchange fluctuations and general
economic conditions, increased costs and demand for production inputs, the speculative nature of exploration and project development, including the risks of obtaining necessary licenses and permits and diminishing quantities or grades of
reserves, political and social risks, changes to the regulatory framework within which the company operates or may in the future operate, environmental conditions, including extreme weather conditions, recruitment and retention of personnel,
industrial relations issues and litigation, as well as other uncertainties and risks set out in filings made by the Company from time to time with the Australian Securities Exchange (“ASX”) and the U.S. Securities and Exchange Commission
(“SEC”). Forward-looking statements are based on the Company and its management’s current expectations and assumptions relating to the financial, market, regulatory and other relevant environments that will exist and affect the Company’s
business and operations in the future. Forward-looking statements are not promises or guarantees that such expectations and assumptions will be met. The Company does not give any assurance that the assumptions on which forward-looking
statements are based will prove to be correct, or that the Company’s business or operations will not be affected in any material manner by these or other factors not foreseen or foreseeable by the Company or management or beyond the Company’s
control. There may be other factors that could cause actual results, performance, achievements, or events not to be as anticipated, estimated or intended, and many events are beyond the reasonable control of the Company. Accordingly, readers
are cautioned not to place undue reliance on forward-looking statements. Forward-looking statements in this report speak only at the date of issue. Except as required by applicable law or stock exchange listing rules, the Company does not
undertake any obligation to publicly update or revise any of the forward-looking statements or to advise of any change in events, conditions, or circumstances on which any such statement is based, regardless of any historical practice of doing
so. IperionX SASB Content Index FY25 continued Table 2. Activity Metrics Metric (1) metal ores and saleable TOPIC CODE ACTIVITY METRIC CATEGORY UNIT OF MEASURE FY25 RESPONSE Activity EM-MM-000.A Production of Quantitative Metric
tons (t) (1) Zero (0) metric tons About This Report of metal ores were (2) finished metal products produced in FY25; and (2) Not reported. Activity Metric EM-MM-000.B Total number of employees, percentage
contractors Quantitative Number, Percentage (%) IperionX ended FY25 with 75 employees, with 7% being independent contractors. Our People Section, P. 27 Note 1: These tables of Sustainability Disclosure Topics & Metrics and Activity
Metrics is from the SASB Standards (now part of IFRS Foundation), Metals & Mining Sustainability Accounting Standard, Extractives & Minerals Processing Sector, Sustainable Industry Classification System® (SICS®) EM-MM, Under Stewardship
of the International Sustainability Standards Board, Industry Standard Version 2023-12. 72 Contents Introduction Governance People Environment Appendices 73