ELEVRA LITHIUM LIMITED — Director's Dealing 2023

Apr 30, 2023

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	30 November 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	Indirect
Nature of indirect interest	Lynch Family Super Fund – Trustee and
(including registered holder)	beneficial interest.
Note: Provide details of the circumstances giving rise to the relevantinterest.	Early Morn Enterprises Pty Ltd – Trustee,
	Director and beneficial interest.
Date of change	1. 26 April 20232. 28 April 2023
No. of securities held prior to change	138,233,039 ordinary shares30,624,999 listed options(SYAOC)
Class	Ordinary shares and listed options
Number acquired	2. 30,642,999 ordinary shares
Number disposed	1. 4,578,000 ordinary shares2. 30,642,999 listed options(SYAOC)
Value/Consideration	1. $892,509
Note: If consideration is non-cash, provide details and estimated valuation	2. $612,500
No. of securities held after change	168,858,038 ordinary shares
Nature of change	1. On-market trade
Example: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	2. Exercise of options

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

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