ELEVRA LITHIUM LIMITED — Director's Dealing 2021

Oct 28, 2021

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 30/9/2001 Amended 01/01/11.

Name of entity SAYONA MINING LIMITED ABN 091 951 978

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	BRETT LYNCH
Date of last notice	31 August 2021

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.

		Indirect	Indirect	Indirect
	Direct or indirect interest	Indirect
				andstee.
	Nature of indirect interest(including registered holder)id dil f h i ii i h l	Lynch Fambeneficial i	ily Super Fund – Trusteenterest.
	Note: Prove etas o te crcumstances gvng rse to te reevantinterest.	Early MornDirector an	Enterprises Pty Ltd – Trud beneficial interest.
	Date of change	Disposal -	22 October 2021
		Acquisition	– 1 November 2021
	No of securities held rior to chane	106,701,6130,624,999	ordinary shareslisted options (SYAOC)
	. p g	14,534,8854000000	listed options (SYAOD)unlisted options
		,,
	Class	Ordinary s	hares
	Number acquired	3,030,118 o	rdinary shares
	Number disposed	2,850,000 o	rdinary shares
	Value/ConsiderationNote: If consideration is non-cash provide details and estimated valuation	Disposal -Aiiti	$449,700$439367
	,
	No. of securities held after change	106,881,737 ordinary shares30,624,999 listed options (SYAOC)14,534,885 listed options (SYAOD)4,000,000 unlisted options

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Disposal represents an on-market sale tofund participation in non-renounceablerights issue (Acquisition).

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 an estimated valuation Interest after change

Part 3 – + Closed period

Were the interests in the securities or contractsdetailed above traded during a+closed period whereprior written clearance was required?	No
If so, was prior written clearance provided to allowthe trade toproceed during thisperiod?	N/A
If prior written clearance was provided, on what datewas thisprovided?	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002