CARAVEL MINERALS LIMITED — Director's Dealing 2024

Aug 5, 2024

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 becomes ASX's property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity	Caravel Minerals Limited
ABN	41 120 069 089

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	Alasdair Cooke
Date of last notice	5March 2024

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	(1) Direct(2) Indirect(3) Indirect(4) Indirect(5) Indirect(6) Direct
Nature of indirect interest(including registered holder)	(1) Direct(2) Spouse(3) Director and Shareholder(4) Director and Shareholder(5) Director and Shareholder(6) Direct
Date of change	1-6 August 2024

• 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	(1) 2,900,000 - UNLISTED OPTIONS EXP31/10/2025 AT $0.33(2) 525,000 - ORDINARY FULLY PAID SHARES(3) 5,485,716 - ORDINARY FULLY PAID SHARES(4.1) 19,539,403 - ORDINARY FULLY PAIDSHARES(4.2) 928,182 - LISTED OPTIONS EXP 30/08/2025AT $0.33(5.1) 3,471,270 - ORDINARY FULLY PAIDSHARES(5.2) 568,181 - LISTED OPTIONS EXP 30/08/2025AT $0.33(6) 6,392,891 - ORDINARY FULLY PAID SHARES
Class	ORDINARY FULLY PAID SHARES
Number acquired	236,564 ORDINARY FULLY PAID SHARES
Number disposed	NIL
Value/Consideration	$36,110
No. of securities held after change	(1) 2,900,000 - UNLISTEDISTED OPTIONS EXP31/10/2025 AT $0.33(2) 525,000 - ORDINARY FULLY PAID SHARES(3) 5,485,716 - ORDINARY FULLY PAID SHARES(4.1) 19,775,967 - ORDINARY FULLY PAIDSHARES(4.2) 928,182 - LISTED OPTIONS EXP 30/08/2025AT $0.33(5.1) 3,471,270 - ORDINARY FULLY PAIDSHARES(5.2) 568,181 - LISTED OPTIONS EXP 30/08/2025AT $0.33(6) 6,392,891 - ORDINARY FULLY PAID SHARES
Nature of change	on-market purchase

Part 2 - Change of director's relevant 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 securitiesto which interest relatedprior to change	N/A
Interest acquired	N/A
Interest disposed	N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 2

Appendix 3Y Change of Director's Interest Notice

	Appendix 3YChange of Director's Interest Notice
Value/Consideration	N/A
Interest after change	N/A

Part 3 -[+] Closed period

Part 3 -+Closed period
Were the interests in the securities orcontracts detailed above traded during a+closed period where prior written clearancewas required?
If so, was prior written clearance provided toallow the trade to proceed during this period?	N/A
If prior written clearance was provided, onwhat date was this provided?	N/A

• See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 3