BOTALA ENERGY LTD — Director's Dealing 2022

Dec 27, 2022

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	Botala Energy Ltd
ABN	41 626 751 620

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	Wolf-Gerhard Martinick
Date of last notice	14 October 2022

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
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.		N/A
Date of change		20 December 2022
No. of securities held prior to change		Wolf-Gerhard Martinick • 31,567,702 fully paid ordinary shares • 5,600,000 unquoted options exercisable at $0.25 each and expiring on 28 February 2025 • 1,000,000 unquoted performance rights Martinick Investments Pty Ltd • 4,000,000 fully paid ordinary shares

• See chapter 19 for defined terms.

01/01/2011

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Appendix 3Y Change of Director’s Interest Notice

Class		Fully Paid Ordinary Shares
Number acquired		131,560
Number disposed		N/A
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		$18,670
No. of securities held after change		Wolf-Gerhard Martinick • 31,699,262 fully paid ordinary shares • 5,600,000 unquoted options exercisable at $0.25 each and expiring on 28 February 2025 • 1,000,000 unquoted performance rights Martinick Investments Pty Ltd • 4,000,000 fully paid ordinary shares
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back	Acquisition of additional ordinary shares by on-market trades – 131,560 shares

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

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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

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