CARNABY RESOURCES LIMITED — Director's Dealing 2025

Oct 29, 2025

Appendix 3Y

Change of Director’s Interest Notice

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: Carnaby Resources Limited ABN: 62 610 855 064

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	Robert Watkins
Date of last notice	6/02/2025

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 givingrise to the relevant interest.	COSMO HOLDINGS (WA) PTY LTD <THE WATKINSFAMILY A/C>Robert Watkins is a Director and Beneficiary
Date of change	27/10/2025
No. of securities held prior to change	COSMO HOLDINGS (WA) PTY LTD <THE WATKINSFAMILY A/C>- 6,666,999 ordinary fully paid shares- 500,000 unlisted options expiring 27/10/2025 @$0.45- 400,000 unlisted options expiring 24/11/2026 @$0.95- 480,000 unlisted options expiring 19/09/2027 @$1.10
Class	CNBAC Unlisted Options exercisable at $0.45 andexpiring on 27/10/2025 (Options).

• See chapter 19 for defined terms.

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Change of Director’s Interest Notice

Number acquired	Nil
Number disposed	500,000
Value/ConsiderationNote: If consideration is non-cash, providedetails and estimated valuation	N/A
No. of securities held after change	COSMO HOLDINGS (WA) PTY LTD <THE WATKINSFAMILY A/C>- 6,666,999 ordinary fully paid shares- 400,000 unlisted options expiring 24/11/2026 @$0.95- 480,000 unlisted options expiring 19/09/2027 @$1.10
Nature of changeExample: on-market trade, off-market trade,exercise of options, issue of securities underdividend reinvestment plan, participation inbuy-back	Expiry of Options in accordance with their terms.

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 inrelation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation	N/A

• See chapter 19 for defined terms.

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Change of Director’s Interest Notice

Interest after change N/A

Part 3 –[+] Closed period

art 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?
If prior written clearance was provided, on what date was thisprovided?

• See chapter 19 for defined terms.

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