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Atlantic Lithium Limited — Director's Dealing 2025
Dec 10, 2025
10433_rns_2025-12-10_f4bbd003-3366-4e69-8045-3355657d2445.pdf
Director's Dealing
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11 December 2025
Notice of Changes to Directors’ Interests
The Board of Atlantic Lithium Limited (AIM: ALL, ASX: A11, GSE: ALLGH, “Atlantic Lithium” or the “Company”), the Africa-focused lithium exploration and development company targeting the delivery of Ghana's first lithium mine, provides notice of changes to directors’ interests in accordance with listing rule 3.19A.2, and as agent for the following directors for the purposes of section 205G of the Corporations Act 2001 (Cth):
- Keith Muller
Authorised for release by Amanda Harsas, Finance Director and Company Secretary, Atlantic Lithium Limited.
11 December 2025
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For any further information, please contact:
Atlantic Lithium Limited
Keith Muller (Chief Executive Officer)
Amanda Harsas (Finance Director and Company Secretary)
[www.atlanticlithium.com.au ]
Tel: +61 2 8072 0640
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Yellow Jersey PR Limited Canaccord Genuity Limited SP Angel Corporate Finance LLP Charles Goodwin Financial Adviser: Nominated Adviser Jeff Keating Bessie Elliot Raj Khatri (UK) / Charlie Bouverat [email protected] Duncan St John, Christian Calabrese Tel: +44 (0)20 3004 9512 (Australia) Tel: +44 (0)20 3470 0470 Corporate Broking: James Asensio Tel: +44 (0) 20 7523 4500
Notes to Editors:
About Atlantic Lithium
www.atlanticlithium.com.au
Atlantic Lithium is an AIM, ASX, and GSE-listed lithium company advancing its flagship project, the Ewoyaa Lithium Project, a lithium spodumene pegmatite discovery in Ghana, through to production to become the country’s first lithium-producing mine.
The Company published a Definitive Feasibility Study in respect of the Project in July 2023. The Project was awarded a Mining Lease in October 2023, an Environmental Protection Authority (“EPA”) Permit in September 2024, and a Mine Operating Permit in October 2024 and is being developed under an earn-in agreement with Elevra Lithium Inc.
Atlantic Lithium holds a portfolio of lithium projects within 509km[2] and 771km[2] of granted and under-application tenure across Ghana and Côte d'Ivoire respectively, which, in addition to the Project, comprises significantly under-explored, highly prospective licences.
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Notice of Changes to Directors’ Interests
Page 2 of 2
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: Atlantic Lithium Limited
ABN: 17 127 215 132
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 | Keith Muller |
|---|---|
| Date of last notice | 26 November 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 | Direct and Indirect |
|---|---|
| Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest. |
Securities registered in the name of Muller CT Holdings Pty Ltd as trustee for the Muller Family Trust |
| Date of change | 11 December 2025 |
| No. of securities held prior to change | Direct interest: 765,217 Ordinary Shares Indirect interest: 217,720 Performance Rights with a vesting date 31 July 2025 816,450 Performance Rights with a vesting date 31 July 2026 1,086,128 Performance Rights with a vesting date 31 July 2027 |
| Class | Ordinary Shares Performance Rights |
- See chapter 19 for defined terms.
01/01/2011
Appendix 3Y Page 1
Appendix 3Y Change of Director’s Interest Notice
| Number acquired | 217,720 Ordinary Shares |
|---|---|
| Number disposed | 217,720 Performance Rights with a vesting date 31 July 2025 |
| Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation |
Nil |
| No. of securities held after change | Direct interest: 765,217 Ordinary Shares Indirect interest: 217,720 Ordinary Shares 816,450 Performance Rights with a vesting date 31 July 2026 1,086,128 Performance Rights with a vesting date 31 July 2027 |
| Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back |
Exercise of vested Performance Rights |
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 |
- See chapter 19 for defined terms.
Appendix 3Y Page 2
01/01/2011
Appendix 3Y Change of Director’s Interest Notice
| 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
| 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.
01/01/2011
Appendix 3Y Page 3