ADX ENERGY LTD — Director's Dealing 2023

Nov 21, 2023

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

Name of entity:ADX Energy Ltd ABN:50 009 058 636	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 thepurposes of section 205G of the Corporations Act.
Name of Director	Ian Tchacos
Date of last notice	27 September 2023

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.

should be disclosed in thispart.
Direct or indirect interest	Direct and Indirect
Nature of indirect interest
(including registered holder)
Note: Provide details of the circumstances
givingrise to the relevant interest.
Date of change	22 November 2023

• 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

Indirect Warroorah Pty Ltd • 5,062,587 Fully Paid Ordinary Shares (50,625,865 Shares pre-consolidation at 1:10) Eonia Pty Ltd • 4,939,901 Fully Paid Ordinary Shares (49,399,009 Shares pre-consolidation at 1:10) Direct • 124,095 Fully Paid Ordinary Shares (1,240,949 Shares pre-consolidation at 1:10) • 511,608 Unlisted Options. Exercise price nil, expire 31/10/2024 (5,116,071 Options pre-consolidation at 1:10) • 725,000 Unlisted Options. Exercise price nil, expire 31/01/2025 (7,250,000 Options pre-consolidation at 1:10) • 314,584 Unlisted Options. Exercise price nil, expire 31/05/2025 (3,145,833 Options pre-consolidation at 1:10) • 245,625 Unlisted Options. Exercise price nil, expire 31/07/2025 (2,456,250 Options pre-consolidation at 1:10) • 329,465 Unlisted Options. Exercise price nil, expire 31/10/2025 (3,294,642 Options pre-consolidation at 1:10) • 185,796 Unlisted Options. Exercise price nil, expire 31/01/2026 (1,857,954 Options pre-consolidation at 1:10) • 311,719 Unlisted Options. Exercise price nil, expire 31/05/2026 (3,117,187 Options pre-consolidation at 1:10) • 269,532 Unlisted Options. Exercise price nil, expire 31/07/2026 (2,695,312 Options pre-consolidation at 1:10) • 380,358 Unlisted Options. Exercise price nil, expire 31/10/2026 (3,803,571 Options pre-consolidation at 1:10) • 283,929 Unlisted Options. Exercise price nil, expire 31/01/2027 (2,839,285 Options pre-consolidation at 1:10) • 275,893 Unlisted Options. Exercise price nil, expire 31/05/2027 (2,758,928 Options pre-consolidation at 1:10) • 300,000 Unlisted Options. Exercise price nil, expire 31/07/2027 (3,000,000 Optionspre-consolidation at 1:10)

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Class	Fully Paid Ordinary Shares Unlisted Options
Number acquired	13,889 shares (direct) 218,750 options (direct)
Number disposed	-
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Shares - $1250 Non-cash – value based on director fees Options - $19,687 Non-cash – valued based on consulting fees
No. of securities held after change	Indirect Warroorah Pty Ltd • 5,062,587 Fully Paid Ordinary Shares Eonia Pty Ltd • 4,939,901 Fully Paid Ordinary Shares Direct • 137,984 Fully Paid Ordinary Shares • 511,608 Unlisted Options. Exercise price nil, expire 31/10/2024 • 725,000 Unlisted Options. Exercise price nil, expire 31/01/2025 • 314,584 Unlisted Options. Exercise price nil, expire 31/05/2025 • 245,625 Unlisted Options. Exercise price nil, expire 31/07/2025 • 329,465 Unlisted Options. Exercise price nil, expire 31/10/2025 • 185,796 Unlisted Options. Exercise price nil, expire 31/01/2026 • 311,719 Unlisted Options. Exercise price nil, expire 31/05/2026 • 269,532 Unlisted Options. Exercise price nil, expire 31/07/2026 • 380,358 Unlisted Options. Exercise price nil, expire 31/10/2026 • 283,929 Unlisted Options. Exercise price nil, expire 31/01/2027 • 275,893 Unlisted Options. Exercise price nil, expire 31/05/2027 • 300,000 Unlisted Options. Exercise price nil, expire 31/07/2027 • 218,750 Unlisted Options. Exercise price nil,expire 31/10/2027

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

Appendix 3Y Change of Director’s Interest Notice

Nature of change

Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

Shares - Issued pursuant to ADXs’ Directors’ Share Plan approved by Shareholders on 12 May 2023. Issued in consideration of part directors fees for the quarter ended 30 September 2023. Number of shares based on directors fees to be paid via equity and VWAP for that quarter.

Options - granted as approved by Shareholders on 12 May 2023. Granted in consideration of part consulting fees for the quarter ended 30 September 2023. Number of options based on fees to be paid via equity and VWAP for that quarter.

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

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?	N/a
If prior written clearance was provided, on what date was this provided?	N/a

• See chapter 19 for defined terms.

Appendix 3Y Page 4

01/01/2011