Note 19. Related party transactions and Key Management Personnel (b) Amortisation expense of Options and Performance Rights (continued) Controlling entities The ultimate parent entity in the wholly-owned Group is Sunstone Metals Limited. Interests in subsidiaries are disclosed in Note 23. Key Management Personnel compensation 2026 $ 2025 $ Short-term employee benefits 1,437,543 1,570,795 Cash bonus 247,829 – Post employment benefits 136,608 155,848 Long-term benefits 21,882 47,574 Share based payments 650,697 246,053 Total Key Management Personnel compensation 2,494,559 2,020,270 There were no other related party transactions during the financial year (2025: Nil) Note 20. Capital and other commitments 2026 $ 2025 $ Commitments on tenements Not later than 12 months 235,624 334,576 Between 12 months and 5 years 2,982,441 3,467,822 Total commitments 3,218,065 3,802,398 Exploration tenement fees are required to keep licenses in good standing. The Group is committed to this expenditure on the current tenements. In order to maintain current rights to tenure of its mineral tenement leases, the Group will be required to pay exploration tenement/claim fees to the government in Ecuador in addition to proving reasonable exploration activities have been undertaken. These obligations may be varied from time to time, or subject to approval, and are expected to be fulfilled in the normal course of operations of the Group. At 30 June 2026, Sunstone held 74.5% of the highly prospective El Palmar copper-gold porphyry project in Ecuador. Following the signing of an Amended Staged Acquisition Agreement 3 July 2026, ownership increased to 82.6% following a payment of US$540,000 on 6 July 2026. Sunstone can increase ownership to 100% with a final payment of US$1,160,000 due by 1 July 2027. Note 21. Financial instruments and financial risk management The Group’s activities expose it to a variety of financial risks including credit risk, liquidity risk, interest rate risk and foreign currency risk. The Group’s overall risk management program focuses on the unpredictability of financial markets and seeks to minimise potential adverse effects on the financial performance of the Group. Risk management is carried out by the Board of Directors under policies approved by the Board. The Board identifies and evaluates financial risks and provides written principles for overall risk management. Notes to the Financial Statements for the year ended 30 June 2026 60 Sunstone Metals Limited Annual Report 2026
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