ADX ENERGY LTD — Director's Dealing 2024

May 22, 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: 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	Edouard Etienvre
Date of last notice	23 February 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.

	ote: 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	of the definition of “notifiable interest of a director” should be
	Direct or indirect interest	Direct and Indirect
	Nature of indirect interest(including registered holder)Note: Provide details of the circumstancesgiving rise to the relevant interest.	NGX Commodities Ltd. – which Mr Etienvre is abeneficiary
	Date of change	23 May 2024
		Direct•675,729 Fully Paid Ordinary SharesIndirect•4,223,584 Fully Paid Ordinary Shares•50,000 Unlisted Options. Exercise price$0.16,expire 31/12/2024
	No. of securities held prior to change	Direct•675,729 F	ully Paid Ordinary Sha
		Indirect•4,223,584	Fully Paid Ordinary Sh
		•50,000 U$0.16,ex	nlisted Options. Exercispire 31/12/2024
	Class	Fully Paid Ordinar	y Shares
	Number acquired	20,570 – Direct72,686 - Indirect
	Number disposed	-

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration	$14,734.37 Non-cash – value based on director
Note: If consideration is non-cash, provide	fees (including consulting)
details and estimated valuation
	Direct
	•696,299 Fully Paid Ordinary Shares
No. of securities held after change	Indirect•4,296,270 Fully Paid Ordinary Shares
	•50,000 Unlisted Options. Exercise price
	$0.16, expire 31/12/2024
	Issued pursuant to ADX’ Directors’ Share Plan
Nature of change	approved by Shareholders on 22 May 2024. 20,570
Example: on-market trade, off-market trade,	shares issued in consideration of part directors
exercise of options, issue of securities under	fees and 72,686 shares issued in consideration of
dividend reinvestment plan, participation in	part consulting fees for the quarter ended 31
buy-back	March 2024. Number of shares based on fees to be
	paid via equity and VWAP for the 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

art 3 –+Closed period
Were the interests in the securities or contracts	No
detailed above traded during a+closed period
where prior written clearance was required?
If so, was prior written clearance provided to allow	N/A
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