ADAVALE RESOURCES LIMITED — Director's Dealing 2024

Dec 1, 2024

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity Adavale Resources Limited ABN 96 008 719 015

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	John Desmond Hicks
Date of last notice	3 January 2024

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Nambour Valley Pty Ltd A/C> (a company which Mr Hicks is a director) Equity Plan Services Pty Ltd – Adavale Resources Rights Share Trust (a trust which Mr Hicks is a beneficiary)
Date of change	29 November 2024

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	5,425,760 Fully Paid Ordinary Shares 789,473 Listed Options exercisable at $0.03 each expiring 31 December 2025 2,000,000 Unlisted Options exercisable at $0.15 each expiring 13 January 2025 3,300,000 Class A Performance Rights expiring 31 December 2024 3,300,000 Class B Performance Rights expiring 31 December 2025 3,000,000 Class C Performance Rights expiring 31 December 2026 1,500,000 Class D Performance Rights expiring 31 December 2026
Class	1) Fully Paid Ordinary Shares 2) Options exercisable at $0.005 expiring 31 December 2027
Number acquired	1) 3,500,000 2) 3,500,000
Number disposed	-
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$10,500
No. of securities held after change	8,925,760 Fully Paid Ordinary Shares 789,473 Listed Options exercisable at $0.03 each expiring 31 December 2025 2,000,000 Unlisted Options exercisable at $0.15 each expiring 13 January 2025 3,500,000 Unlisted Options exercisable at $0.005 each expiring 31 December 2027 3,300,000 Class A Performance Rights expiring 31 December 2024 3,300,000 Class B Performance Rights expiring 31 December 2025 3,000,000 Class C Performance Rights expiring 31 December 2026 1,500,000 Class D Performance Rights expiring 31 December 2026

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Nature of change Participation in Placement as approved by Example: on-market trade, off-market trade, exercise of options, shareholders at the General Meeting. issue of securities under dividend reinvestment plan, participation in buy-back

The

Part 2 – Change of director’s interests in contracts

The Part 2 – Change of director’s interests in contracts	The Part 2 – Change of director’s interests in contracts
Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in thispart.
Detail of contract	-
Nature of interest	-
Name of registered holder (if issued securities)	-
Date of change	-
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	-
Interest acquired	-
Interest disposed	-
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	-
Interest after change	-

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	-
If prior written clearance was provided, on what date was this provided?	-

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity Adavale Resources Limited ABN 96 008 719 015

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Maurice Dominic Matich
Date of last notice	31 July 2024

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Cigar Shark Investments Pty Ltd (a Company where Mr Matich is a beneficiary)
Date of change	29 November 2024
No. of securities held prior to change	-
Class	1) Fully Paid Ordinary Shares 2) Options exercisable at $0.005 expiring 31 December 2027
Number acquired	1) 4,333,333 2) 4,333,333
Number disposed	-
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$13,000

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change 4,333,333 Fully Paid Ordinary Shares 4,333,333 Unlisted Options exercisable at $0.005 each expiring 31 December 2027 Nature of change Participation in Placement as approved by Example: on-market trade, off-market trade, exercise of options, shareholders at the General Meeting. issue of securities under dividend reinvestment plan, participation in buy-back

The

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	-
Nature of interest	-
Name of registered holder (if issued securities)	-
Date of change	-
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	-
Interest acquired	-
Interest disposed	-
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	-
Interest after change	-

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed No above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the trade - to proceed during this period? If prior written clearance was provided, on what date was this - provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011