ADX ENERGY LTD — Director's Dealing 2022

Nov 30, 2022

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: ADX Energy Ltd

ABN: 50 009 058 636

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	Paul Fink
Date of last notice	25 August 2022

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.

Note: In the case of a company, interests which come within paragraph (i)disclosed in this part.	of the definition of “notifiable interest of a director” should be
Direct or indirect interestNature of indirect interest(including registered holder)Note: Provide details of the circumstancesgiving rise to the relevant interest.Date of changeNo. of securities held prior to changeClassNumber acquired	Direct
	30 November 2022
	•98,239,896 Fully Paid Ordinary Shares•2,968,278 Unlisted Options. Exerciseprice Nil cents, expire 31/05/2026•2,296,875 Unlisted Options. Exerciseprice Nil cents, expire 31/07/2026
	Fully Paid Ordinary SharesUnlisted Options
	178,570 shares2,209,820 options

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number disposed	-
Value/ConsiderationNote: If consideration is non-cash, providedetails and estimated valuation	Shares - $,1250 Non-cash – value based ondirector feesOptions - $15,468 Non-cash – valued basedon consulting fees
No. of securities held after change	•98,418,466 Fully Paid Ordinary Shares•2,968,278 Unlisted Options. Exerciseprice Nil cents, expire 31/05/2026•2,296,875 Unlisted Options. Exerciseprice Nil cents, expire 31/07/2026•2,209,820 Unlisted Options. Exerciseprice Nil cents, expire 31/10/2026
Nature of changeExample: on-market trade, off-market trade,exercise of options, issue of securities underdividend reinvestment plan, participation inbuy-back	Shares - Issued pursuant to ADXs’ Directors’Share Plan approved by Shareholders on 27May 2022. Issued in consideration of partdirectors fees for the quarter ended 30September 2022. Number of shares based ondirectors fees to be paid via equity and VWAPfor that quarter.Options-grantedasapprovedbyShareholders on 27 May 2022. Granted inconsideration of part consulting fees for thequarter ended 30 September 2022. Numberof options based on fees to be paid via equityand VWAP for thatquarter.

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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 abovetraded during a+closed period where prior written clearancewas required?	No
If so, was prior written clearance provided to allow the trade toproceed during this period?	N/a
If prior written clearance was provided, on what date was thisprovided?	N/a

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3