Siren Gold Limited Annual Report 2021

Note 2021 $ 2020 $ Continuing operations Revenue Other income 2 1,751 4,243 1,751 4,243 Compliance costs (103,693) (144,302) Employment costs (341,281) (179,924) Exploration and evaluation – (63,975) Information technology costs (24,220) (30,490) Insurance (83,420) (25,078) Interest expenses (3,347) (2,091) Legal fees (9,511) (135,506) Professional fees (335,958) (283,265) Public relations, marketing and advertising (122,608) (103,939) Rent (153,652) (46,549) Travel and accommodation costs (35,546) (99) Other expenses (108,263) (6,036) Share-based payment expense 14 – (405,240) (1,321,499) (1,426,494) Loss before tax (1,319,748) (1,422,251) Income tax benefit 4 – – Net loss for the year (1,319,748) (1,422,251) Other comprehensive income, net of income tax Items that may be reclassified subsequently to profit or loss (102,153) (37,931) Other comprehensive income for the year, net of tax (102,153) (37,931) Total comprehensive loss for the year (1,421,901) (1,460,182) ¢ ¢ Earnings per share: Basic and diluted loss per share 3 (1.574) (3.464) The consolidated statement of profit or loss and other comprehensive income is to be read in conjunction with the accompanying notes. Consolidated Statement of Profit or Loss and Other Comprehensive Income for the year ended 31 December 2021 Siren Gold Limited 28

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