Elevra (ELVR) converts 24,842 rights into ordinary shares

Rhea-AI Filing Summary

Elevra Limited reports the conversion of unquoted employee incentive securities into ordinary shares. A total of 24,842 ELV ordinary fully paid shares were issued or transferred on 2 March 2026 following the exercise or conversion of ELVAM performance rights. These underlying securities are already quoted on the ASX and were satisfied by a transfer of existing shares. After this change, Elevra has 169,376,771 ordinary fully paid shares on issue, alongside 2,708,166 ELVAM performance rights and 2,723,613 ELVAN options expiring 31 December 2028.

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Form 6-K: How Foreign Companies Report to the SEC →

Accepted by SEC EDGAR 03/04/2026 - 05:07 PM Learn about SEC filing dates

FAQ

What did Elevra Limited (ELVR) announce in its March 2026 Form 6-K?

Elevra Limited disclosed that 24,842 ELV ordinary fully paid shares were issued or transferred on 2 March 2026. These arose from the exercise or conversion of unquoted ELVAM performance rights into an existing class of ASX-quoted ordinary shares under an employee incentive arrangement.

How many new Elevra (ELVR) ordinary shares resulted from the performance rights conversion?

The conversion of ELVAM performance rights resulted in 24,842 ELV ordinary fully paid shares being issued or transferred. The filing states these underlying securities were already quoted on the ASX and that the holder’s rights were satisfied by a transfer of existing quoted ordinary shares.

Were Elevra’s (ELVR) performance rights converted under an employee incentive scheme?

Yes. The company states that the options or other convertible securities being exercised or converted were issued under an employee incentive scheme. None of the converted securities were held by key management personnel or their associates, according to the disclosure in the Form 6-K.

What is Elevra Limited’s (ELVR) total ordinary share count after this transaction?

After the issue or transfer associated with the conversion, Elevra reports 169,376,771 ELV ordinary fully paid shares on issue. The company notes that these figures are automatically generated and may not reflect other capital changes still being processed by the ASX.

What unquoted securities does Elevra Limited (ELVR) have on issue after the conversion?

Following the reported transaction, Elevra lists 2,708,166 ELVAM performance rights and 2,723,613 ELVAN options expiring 31 December 2028 with an exercise price of $4.80. These unquoted securities remain outstanding in addition to the company’s quoted ordinary share capital.

How were Elevra’s (ELVR) performance rights satisfied in this conversion event?

The filing explains that the right of the holder of the options or other convertible securities to receive underlying shares was satisfied by a transfer of existing securities. The underlying ELV ordinary fully paid shares were already quoted on the ASX before this conversion.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of March 2026

Commission File Number 001-42819

ELEVRA LITHIUM LIMITED

(Translation of registrant’s name into English)

Level 3,

10 Eagle Street

Brisbane, Queensland 4000

Australia

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F  ☒ Form 40-F  ☐

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

Announcement Summary

Entity name

ELEVRA LITHIUM LIMITED

Date of this announcement

Wednesday March 04, 2026

The +securities the subject of this notification are:

Unquoted options that have been exercised or other unquoted +convertible securities that have been converted

Total number of +securities to be issued/transferred

	ASX +security code	Security description	Total number of +securities to be issued/transferred		Issue date
	ELV	ORDINARY FULLY PAID	24,842		02/03/2026

Refer to next page for full details of the announcement

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 1 / 5

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

Part 1 - Entity and announcement details

1.1 Name of entity

ELEVRA LITHIUM 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	Registration number
ABN	26091951978

1.3 ASX issuer code

ELV

1.4 The announcement is

New announcement

1.5 Date of this announcement

4/3/2026

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 2 / 5

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

Part 2 - Issue details

2.1 The +securities the subject of this notification are:

Unquoted options that have been exercised or other unquoted +convertible securities that have been converted

2.2 b The +securities being issued, transferred or re-classified as a result of the options being exercised or other +convertible securities being converted are:

securities that have already been quoted on ASX ("existing class")

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 3 / 5

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

Part 3B - number and type of +securities the subject of this notification (existing class) where issue has not previously been notified to ASX in an Appendix 3B

The right of the holder of the options or other +convertible securities to receive the +underlying securities is being satisfied by:

A transfer of existing +securities

The underlying securities being received by the holder are:

Already quoted by ASX

Existing +securities converting into an existing class

FROM (Existing Class)

ASX +Security code and description

ELVAM : PERFORMANCE RIGHTS

TO (Existing Class)

ASX +Security code and description

ELV : ORDINARY FULLY PAID

Please state the number of options that were exercised or other +convertible securities that were converted   24,842 The first date the options were exercised or other +convertible securities were converted   20/1/2026 The last date the options were exercised or other +convertible securities were converted
2/3/2026

Is this all of the options or other +convertible securities on issue of that type?

No

Were the options being exercised or other +convertible securities being converted issued under an +employee incentive scheme?

Yes

Are any of the options being exercised or other +convertible securities being converted held by +key management personnel (KMP) or an +associate?

No

Date the +securities the subject of this notification were issued/transferred

2/3/2026

Any other information the entity wishes to provide about the +securities the subject of this notification

Exercise of unlisted Performance Rights under the Elevra Lithium Limited Equity Incentive Plan. Further information regarding the terms of the unlisted Performance Rights can be found in Elevra Lithium Limited's 2025 Annual Report published on its website at: www.elevra.com

Issue details

Number of +securities

24,842

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 4 / 5

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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
ELV : ORDINARY FULLY PAID	169,376,771

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
ELVAM : PERFORMANCE RIGHTS	2,708,166
ELVAN : OPTION EXPIRING 31-DEC-2028 EX $4.80	2,723,613

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 5 / 5

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	ELEVRA LITHIUM LIMITED
Date: March 4, 2026	By:	/s/ Dylan Roberts
		Name: Dylan Roberts
		Title: Company Secretary and General Counsel