CAZALY RESOURCES LIMITED — Director's Dealing 2023

Nov 2, 2023

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 30/9/2001.

Name of entity Cazaly Resources Limited ABN 23 101 049 334

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 Tara French

Date of last notice 14 September 2023

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

ote:In the case ofa company,interests whichcome w	ithinparagraph(i) of the definitionof “notifiableinterestofa director”should be disclosedin this part.
Direct or indirect interest	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Indirect Ms Tara French & Mr John Kolichis
Date of change	2 November 2023
No. of securities held prior to change	Direct 1,250,000 Fully paid ordinary shares 5,000,000 Performance Rights (with vesting conditions) 2,000,000 Director Options A exercisable at $0.067 (exp 19/11/23) 1,500,000 Director Options B exercisable at $0.056 (exp 12/10/24) 1,500,000 Director Options C exercisable at $0.056 (exp 12/10/25) Indirect Nil
Class	Fully paid ordinary shares
Number acquired	1,142,857
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$39,645

• See chapter 19 for defined terms.

11/3/2002

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change

Direct 1,250,000 Fully paid ordinary shares 5,000,000 Performance Rights (with vesting conditions) 2,000,000 Director Options A exercisable at $0.067 (exp 19/11/23) 1,500,000 Director Options B exercisable at $0.056 (exp 12/10/24) 1,500,000 Director Options C exercisable at $0.056 (exp 12/10/25) Indirect 1,142,857 Fully paid ordinary shares

Nature of change

Example: on-market trade, off-market trade, On market trades exercise of options, issue of securities under dividend reinvestment plan, participation in buyback

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 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 a valuation Interest after change

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 toproceed during thisperiod?
If prior written clearance was provided, on what date was thisprovided?

• See chapter 19 for defined terms.

11/3/2002

Appendix 3Y Page 2