BELARAROX LIMITED — Director's Dealing 2025

Nov 5, 2025

Appendix3Y Change of Director's Interest Notice

Rule 3.19A.2

Appendix 3Y

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.

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	Athanasios John Traicos
Date of last notice	12 December 2024

Part 1 - Change of director's relevant interests in securities

In the case afa 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:Providedetails of the circumstancesgivingrise to the relevant interest.	Cressing Pty Ltd ATF **Trust> Director of trustee and beneficiary
Date of change	5 November 2025
No. of securities held prior to change Cressing Pty Ltd ATF **Trust> Director of trustee and beneficiary	400,000 Performance Rights 70,000 – 2024 Short Term incentives 530,000 - 2024 Long Term incentives
Class	1 ) Ordinary Shares 2) Short Term incentives
Number acquired	1) 70,000 Ordinary Shares
Number disposed	2) 70,000 - 2024 Short Term Incentive Performance Rights
Value/Consideration Note: Ifconsiderationis non-cash, provide detailsand estimatedvaluation	Nil
No. of securities held after change Cressing Pty Ltd ATF **Trust>	70,000 Ordinary Shares 400,000 Performance Rights

Director of trustee and beneficiary 530,000 - 2024 Long Term incentives

Nature of change Conversion of 2024 Short Term Incentive of Example: on-market trade, off-market tradesecurities under dividend reinvestment plan, participation in buy- , exercise of options, issue Performance Rights into Shares back

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.

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Detail of contract N/A
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
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Part 3 - +closed period

Were the interests in the securities or contracts detailed NIA above traded during a +closed period where prior written clearance was required? If so, was prior written clearance provided to allow 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