ARIKA RESOURCES LIMITED — Director's Dealing 2026

Jan 7, 2026

ASX: ARI

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ASX RELEASE: 8 JANUARY 2026

CHANGE OF DIRECTOR INTEREST NOTICE

Arika Resources Limited (ASX: ARI) (“Arika” or “Company”) confirms the following change to director interests.

On 20 December 2025 performance rights held by Mr Barton lapsed, unfortunately due to an administrative oversight Appendix 3Y was not filed as required. The attached 3Y include an update for the above lapse.

The Company advises it is aware of its listing rule obligations in relation to these disclosures and specifically listing rules 3.19A and 3.19B. In this respect the Company makes the following statements about the attached Appendix 3Y.

1. The Appendix 3Y is being filed to correct an administrative oversight;

2. The Company has informed all Directors of the disclosure requirements set out in the listing rules 3.19, 3.19B and s 205G of the Corporations Act. In addition the Company has adopted a Securities Trading Policy which has been disclosed to the market and outlines the requirements for disclosure and approval of all securities trading; and

3. The Company is confident that the arrangements it currently has in place are adequate and doesn’t believe that any additional steps are required to ensure ongoing compliance with listing rule 3.19B.

This announcement is approved by the Board of Arika Resources Limited.

ENQUIRIES

Investors

Justin Barton Managing Director +61 8 6500 0202 enquiries@arika.com.au

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ABN: 92 086 839 992 www.arika.com.au

Phone: 08 6500 0202 enquiries@arika.com.au

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	Arika Resources 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	12 December 2025

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 tothe relevant interest.	Director Controlled - Coventina Holdings Pty Ltd ATF
Date of change	20 December 2025

• 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	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:
	•	28,122,371 Shares; and
	•	500,000PerformanceRightsvestingon
		achievement of a closing share price of the
		Company’s ordinary shares listed on the ASX having
		exceeded $0.15 for 5 consecutive days, expiring 20
		December 2025;
	•	500,000PerformanceRightsvestingon
		achievement of a closing share price of the
		Company’s ordinary shares listed on the ASX having
		exceeded $0.25 for 5 consecutive days, expiring 20
		December 2025;
	•	2,237,450 Class A Unlisted Options exercisable at
		$0.06 on or before 23 May 2026; and
	•	2,237,450 Class B Unlisted Options exercisable at
		$0.09 on or before 23 May 2026.
	•	333,333 Unlisted Options exercisable at $0.025,
		expiring 19 March 2026.
	•	6,000,000 Unlisted Options exercisable at $0.05 on
		or before 18 December 2027
	•	6,000,000 Unlisted Options exercisable at $0.06 on
		or before 18 December 2027
Class	•	Performance Rights vesting on achievement of a
		closing share price of the Company’s ordinary
		shares listed on the ASX having exceeded $0.15 for
		5 consecutive days, expiring 20 December 2025;
	•	Performance Rights vesting on achievement of a
		closing share price of the Company’s ordinary
		shares listed on the ASX having exceeded $0.25 for
		5 consecutive days, expiring 20 December 2025;
Number acquired	-
Number disposed	•	500,000PerformanceRightsvestingon
		achievement of a closing share price of the
		Company’s ordinary shares listed on the ASX having
		exceeded $0.15 for 5 consecutive days, expiring 20
		December 2025;
	•	500,000PerformanceRightsvestingon
		achievement of a closing share price of the
		Company’s ordinary shares listed on the ASX having
		exceeded $0.25 for 5 consecutive days, expiring 20
		December 2025;
Value/Consideration	Nil
Note: If consideration is non-cash, provide details and
estimated valuation

• 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	No. of securities held after change	Mr Barton’s relevant interest in securities comprisesan indirect interest (held by Coventina Holdings PtyLtd ATF , an entityassociated with Mr Barton) in:• 28,122,371 Shares; and• 2,237,450 Class A Unlisted Options exercisable at$0.06 on or before 23 May 2026; and• 2,237,450 Class B Unlisted Options exercisable at$0.09 on or before 23 May 2026.• 333,333 Unlisted Options exercisable at $0.025,expiring 19 March 2026.• 6,000,000 Unlisted Options exercisable at $0.05 onor before 18 December 2027• 6,000,000 Unlisted Options exercisable at $0.06 onor before 18 December 2027	Mr Barton’s relevant interest in securities comprisesan indirect interest (held by Coventina Holdings PtyLtd ATF , an entityassociated with Mr Barton) in:• 28,122,371 Shares; and• 2,237,450 Class A Unlisted Options exercisable at$0.06 on or before 23 May 2026; and• 2,237,450 Class B Unlisted Options exercisable at$0.09 on or before 23 May 2026.• 333,333 Unlisted Options exercisable at $0.025,expiring 19 March 2026.• 6,000,000 Unlisted Options exercisable at $0.05 onor before 18 December 2027• 6,000,000 Unlisted Options exercisable at $0.06 onor before 18 December 2027	Mr Barton’s relevant interest in securities comprisesan indirect interest (held by Coventina Holdings PtyLtd ATF , an entityassociated with Mr Barton) in:• 28,122,371 Shares; and• 2,237,450 Class A Unlisted Options exercisable at$0.06 on or before 23 May 2026; and• 2,237,450 Class B Unlisted Options exercisable at$0.09 on or before 23 May 2026.• 333,333 Unlisted Options exercisable at $0.025,expiring 19 March 2026.• 6,000,000 Unlisted Options exercisable at $0.05 onor before 18 December 2027• 6,000,000 Unlisted Options exercisable at $0.06 onor before 18 December 2027
	Nature of change		Lapse of p	erformance rights.
	Example: on-market trade, off-market trti i f iti d diid	ade, exercise ofd itt
	opons, ssue o secures uner ven renvesmenplan, participation in buy-back

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

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 whichinterest related prior to changeNote: Details are only required for a contract in relationto which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details andan estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

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

o

• See chapter 19 for defined terms.

Appendix 3Y Page 4

01/01/2011