5E Advanced Materials, Inc. — Share Issue/Capital Change 2024

Apr 1, 2024

Appendix 4A - Statement of CDIs on issue

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Part 1 - Entity and announcement details

1.1 Name of +Entity

5E ADVANCED MATERIALS INC.

1.2 Registered Number Type

ARBN

Registration Number 655137170

1.3 ASX issuer code

5EA

1.4 The announcement is

New announcement 1.5 Date of this announcement

2/4/2024

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Appendix 4A - Statement of CDIs on issue

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Part 2 - Details of +CDIs and other +securities on issue

2.1 Statement for month and year

March-2024

2.2a Number and class of all +CDIs issued over quoted +securities

ASX Security Code and Description +CDI Ratio 5EA : CHESS DEPOSITARY INTERESTS 10:1 10:1 Total number of +CDIs issued over Total number of +CDIs issued over Net Difference (A-B) quoted +securities at end of quoted +securities at end of previous 9,236,563 statement month (A): month (B): 323,039,923 313,803,360

Reason for change:

Common stock

Net transfers of securities between CDIs and

as quoted / held on

Nasdaq

If the total number of +CDIs issued over quoted +securities at the end of the statement month, is greater than the total number of +CDIs issued over quoted +securities for which the entity has previously paid an initial listing fee or an additional listing fee under Table 1A and 1C of Guidance Note 15A, the entity hereby applies for +quotation of the relevant securities and agrees to the matters set out in Appendix 2A of the ASX Listing Rules.

2.2b Number and class of all +securities on issue over which +CDIs have not been issued

ASX Security Code and Description

5EAAR : CONVERTIBLE NOTES

Total number of +securities at end of Total number of +securities at end of Net Difference (A-B) statement month (A) previous month (B) 0 65,671 65,671 ASX Security Code and Description 5EAAP : 10:1 CDI EQUIVALENT TO 5EAAO Total number of +securities at end of Total number of +securities at end of Net Difference (A-B) statement month (A) previous month (B) -9,236,563 309,818,437 319,055,000

Reason for change:

Transfers between CDIs and Common Stock.

ASX Security Code and Description

5EAAO : COMMON STOCK Total number of +securities at end of Total number of +securities at end of Net Difference (A-B) statement month (A) previous month (B) -923,656 30,981,844 31,905,500 Reason for change:

Transfers between CDIs and Common Stock.

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Appendix 4A - Statement of CDIs on issue

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ASX Security Code and Description

5EAAV : DIRECTOR SHARE UNITS

Total number of +securities at end of Total number of +securities at end of Net Difference (A-B) statement month (A) previous month (B) 0 11,103 11,103 ASX Security Code and Description 5EAAW : OPTION EXPIRING 24-APR-2033 EX USD 7.73 Total number of +securities at end of Total number of +securities at end of Net Difference (A-B) statement month (A) previous month (B) 0 400,000 400,000 ASX Security Code and Description 5EAAL : OPTION EXPIRING 01-JUN-2025 EX USD$14.62 Total number of +securities at end of Total number of +securities at end of Net Difference (A-B) statement month (A) previous month (B) 0 1,333,332 1,333,332

ASX Security Code and Description 5EAAN : OPTION EXPIRING 01-OCT-2025 EX USD$16.45 Total number of +securities at end of Total number of +securities at end of Net Difference (A-B) statement month (A) previous month (B) 0 233,333 233,333 ASX Security Code and Description 5EAAK : OPTION EXPIRING 07-APR-2025 EX USD$18.27 Total number of +securities at end of Total number of +securities at end of Net Difference (A-B) statement month (A) previous month (B) 0 100,000 100,000 ASX Security Code and Description 5EAAH : OPTION EXPIRING 30-JUL-2024 EX USD$3.65 Total number of +securities at end of Total number of +securities at end of Net Difference (A-B) statement month (A) previous month (B) 0 750,000 750,000 ASX Security Code and Description 5EAAI : OPTION EXPIRING 30-JUN-2024 EX USD$9.87 Total number of +securities at end of Total number of +securities at end of Net Difference (A-B) statement month (A) previous month (B) 0 59,000 59,000 ASX Security Code and Description 5EAAJ : OPTION EXPIRING 06-JUL-2024 EX USD$6.58 Total number of +securities at end of Total number of +securities at end of Net Difference (A-B) statement month (A) previous month (B) 0 910,000 910,000

ASX Security Code and Description 5EAAT : PERFORMANCE SHARE UNITS

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Appendix 4A - Statement of CDIs on issue

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Total number of +securities at end of Total number of +securities at end of Net Difference (A-B) statement month (A) previous month (B) 0 212,405 212,405

ASX Security Code and Description 5EAAS : RESTRICTED SHARE UNITS

Total number of +securities at end of Total number of +securities at end of Net Difference (A-B) statement month (A) previous month (B) 0 346,323 346,323

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