ARIKA RESOURCES LIMITED — Director's Dealing 2023

Dec 13, 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	Metalicity Limited
ABN	92 086 839 992

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	Justin Barton
Date of last notice	31 May 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.

Direct or indirect interest	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Director Controlled - Coventina Holdings Pty Ltd ATF
Date of change	12 December 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

Mr Barton’s relevant interest in securities comprises an indirect interest (held by Coventina Holdings Pty Ltd ATF , an entity associated with Mr Barton) in: • 64,599,511 Shares; and • 5,000,000 Performance Rights vesting on achievement of a closing share price of the Company’s ordinary shares listed on the ASX having exceeded $0.015 for 5 consecutive days, expiring 20 December 2025; • 5,000,000 Performance Rights vesting on achievement of a closing share price of the Company’s ordinary shares listed on the ASX having exceeded $0.025 for 5 consecutive days, expiring 20 December 2025; • 20,000,000 Tranche A Performance Rights vesting on achievement of a closing share price of the Company’s ordinary shares listed on the ASX reaching $0.01 for at least 1 trading day, expiring 31 May 2024; • 20,000,000 Tranche B Performance Rights vesting on achievement of a closing share price of the Company’s ordinary shares listed on the ASX reaching $0.02 for at least 1 trading day, expiring 31 May 2025. • 1,470,409 Listed Options exercisable at $0.01 on or before 1 June 2024; • 22,374,500 Class A Unlisted Options exercisable at $0.006 on or before 23 May 2026; and • 22,374,500 Class B Unlisted Options exercisable at $0.009 on or before 23 May 2026.

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Class	• Ordinary Fully Paid Shares • Unlisted Options – exercisable at $0.003, expiring 11 December 2025.
Number acquired	• 40,274,595 Ordinary Fully Paid Shares; • 20,137,298 Unlisted Options, with an exercise price of $0.003, expiring 11 December 2025.
Number disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	• Shares value at $80,549 (Placement $25,000 and Payment in Lieu of fees $55,549) • No payment made for Unlisted Options as they are free attaching. They are valued at $15,832. Refer to the Company’s Notice of Meeting for its AGM held on 24 November 2023 for further details.

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change

Mr Barton’s relevant interest in securities comprises an indirect interest (held by Coventina Holdings Pty Ltd ATF , an entity associated with Mr Barton) in: • 104,874,106 Shares; and • 5,000,000 Performance Rights vesting on achievement of a closing share price of the Company’s ordinary shares listed on the ASX having exceeded $0.015 for 5 consecutive days, expiring 20 December 2025; • 5,000,000 Performance Rights vesting on achievement of a closing share price of the Company’s ordinary shares listed on the ASX having exceeded $0.025 for 5 consecutive days, expiring 20 December 2025; • 20,000,000 Tranche A Performance Rights vesting on achievement of a closing share price of the Company’s ordinary shares listed on the ASX reaching $0.01 for at least 1 trading day, expiring 31 May 2024; • 20,000,000 Tranche B Performance Rights vesting on achievement of a closing share price of the Company’s ordinary shares listed on the ASX reaching $0.02 for at least 1 trading day, expiring 31 May 2025. • 1,470,409 Listed Options exercisable at $0.01 on or before 1 June 2024; • 22,374,500 Class A Unlisted Options exercisable at $0.006 on or before 23 May 2026; and • 22,374,500 Class B Unlisted Options exercisable at $0.009 on or before 23 May 2026. • 20,137,298 Unlisted Options exercisable at $0.003 on or before 11 December 2025.

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

Securities issued as part of a placement and in lieu of fees as approved by shareholders on 24 November 2023.

• See chapter 19 for defined terms.

Appendix 3Y Page 4

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
Date of change	N/A
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	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

art 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	N/A
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.

01/01/2011 Appendix 3Y Page 5

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	Metalicity Limited
ABN	92 086 839 992

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	Roger Steinepreis
Date of last notice	23 May 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.

Direct or indirect interest	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Ranchland Holdings Pty Ltd (controlled entity) Jacqueline Steinepreis (related party of Director) Genteel Nominees Pty Ltd (control a 50% interest)
Date of change	12 December 2023

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	Ranchland Holdings Pty Ltd (controlled entity) • 5,000,000 fully paid ordinary shares; Jacqueline Steinepreis (related party of Director) • 900,000 fully paid ordinary shares Genteel Nominees Pty Ltd (control a 50% interest) • 166,666,666 fully paid ordinary shares • 83,333,333 Class A Unlisted Options exercisable at $0.006 on or before 23 May 2026; and • 83,333,333 Class B Unlisted Options exercisable at $0.009 on or before 23 May 2026.
Class	• Fully Paid Ordinary Shares • Unlisted Options – expiring 11 December 2025, exercisable at $0.003
Number acquired	• 167,498,295 fully paid ordinary shares; and • 83,749,148 Unlisted Options exercisable at $0.003 on or before 11 December 2025.
Number disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	• Fully Paid Ordinary Shares $334,997 ($34,997 payment in lieu of fees and $300,000 placement). • No payment made for Unlisted Options as they are free attaching. They are valued at $50,249. Refer to the Company’s Notice of Meeting for its AGM held on 24 November 2023 for further details.

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change

Ranchland Holdings Pty Ltd (controlled entity) • 5,000,000 fully paid ordinary shares; Jacqueline Steinepreis (related party of Director) • 900,000 fully paid ordinary shares Genteel Nominees Pty Ltd (control a 50% interest) • 334,164,961 fully paid ordinary shares; • 83,333,333 Class A Unlisted Options exercisable at $0.006 on or before 23 May 2026; • 83,333,333 Class B Unlisted Options exercisable at $0.009 on or before 23 May 2026; and • 83,749,148 Unlisted Options exercisable at $0.003 on or before 11 December 2025.

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

Issue of securities as part of the placement and payment in lieu of fees approved by shareholders on 24 November 2023.

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	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
Date of change	N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

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	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

art 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	N/A
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

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	Metalicity Limited
ABN	92 086 839 992

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	Steven Wood
Date of last notice	23 May 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.

Direct or indirect interest	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Nardie Group Pty Ltd (Director controlled and beneficiary)
Date of change	12 December 2023
No. of securities held prior to change	• 9,696,666 Fully Paid Ordinary Shares; • 4,848,333 Class A Unlisted Options exercisable at $0.006 on or before 23 May 2026; and • 4,848,333 Class B Unlisted Options exercisable at $0.009 on or before 23 May2026.
Class	Ordinary Fully Paid Shares Unlisted options exercisable at $0.003, on or before 11 December 2025

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number acquired	• 26,195,098 Fully Paid Ordinary Shares; and • 13,097,549 Unlisted Options exercisable at $0.003, on or before 11 December 2025.
Number disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Fully Paid Ordinary Shares valued at $52,390 (comprising $20,000 invested in placement and $32,390 worth of shares issued in lieu of fees). No payment made for Unlisted Options as they are free attaching. The options were valued at $7,859. Refer to the Company’s Notice of Meeting for the AGM held on 24 November 2023 for further details.
No. of securities held after change	• 35,891,764 Fully Paid Ordinary Shares; • 4,848,333 Class A Unlisted Options exercisable at $0.006 on or before 23 May 2026; • 4,848,333 Class B Unlisted Options exercisable at $0.009 on or before 23 May 2026; and • 13,097,549 Unlisted Options exercisable at $0.003 on or before 11 December 2025.
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Securities issued as part of a placement and in lieu of fees as approved by shareholders at the Company’s AGM on 24 November 2023.

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	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Date of change	N/A
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	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

art 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	N/A
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.

01/01/2011 Appendix 3Y Page 3