ELIXIR ENERGY LIMITED — Director's Dealing 2026

Apr 13, 2026

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 30/09/01 Amended 01/01/11

Name of entity ELIXIR ENERGY LIMITED ABN 51 108 230 995

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	Stuart Nicholls
Date of last notice	1 April 2026

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	The trustee of the Nicholls Family Trust
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant interest.	MHP Super Investment Pty Ltd <The Nicholls Family SF
	A/C>
Date of change	10 & 13 April 2026
No. of securities held prior to change	The Nicholls Family SF A/C:
	• 5,158,666 ordinary shares
	The Nicholls Family Trust:
	• 7,100,000 ordinary shares
	• 10,000,000 options exercisable at 12c/share expiring
	31 Dec 2026
	• 15,000,000 performance rights with various vesting
	prices expiring 2 Nov 2029
Class	Fully paid ordinary shares
Number acquired	5,000,000
Number disposed	1,600,000

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$0.16/share
No. of securities held after change	The Nicholls Family SF A/C: • 5,158,666 ordinary shares The Nicholls Family Trust: • 10,500,000 ordinary shares • 10,000,000 options exercisable at 12c/share expiring 31 Dec 2026 • 10,000,000 performance rights at 18c 30 Day VWAP expiring 2 Nov 2029
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Vesting and conversion of 5,000,000 performance rights into fully paid ordinary shares under ESIP. Sale of 1,600,000 shares were sold solely to satisfy PAYG tax obligations arising from the vesting of incentive performance rights.

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	None
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 which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

art 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	Yes
If so, was prior written clearance provided to allow the trade to proceed during this period?	Yes
If prior written clearance was provided, on what date was this provided?	10 April 2026

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011