G11 RESOURCES LIMITED — Director's Dealing 2025

May 22, 2025

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 G11 Resources Limited ABN 32 141 804 104

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	Martin Donohue
Date of last notice	21 May 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 giving rise to the relevantinterest.	Penstock Group Pty LtdMr Donohue is a Director and shareholder ofPenstock Group Pty Ltd.Olivers Hill Pty Ltd <Donohue Family A/C>Mr Donohue is a Director and shareholder ofOlivers Hill Pty and a beneficiary of theDonohue Family TrustOlivers Hill Pty Ltd <Olivers Hill SuperA/C>Mr Donohue is a Director and shareholder ofOlivers Hill Pty and a beneficiary of theOlivers Hill Super A/c
Date of change	22 May 2025

• See chapter 19 for defined terms.

01/01/2011

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	Penstock Group Pty Ltd1,000,000 fully paid ordinary shares12,024,354 unlisted options exercisable at$0.08 on or before 30/11/2027Olivers Hill Pty Ltd <Donohue Family A/C>149,715,376 fully paid ordinary sharesOlivers Hill Pty Ltd <Olivers Hill SuperA/C>8,500,000 fully paid ordinary shares	Penstock Group Pty Ltd1,000,000 fully paid ordinary shares12,024,354 unlisted options exercisable at$0.08 on or before 30/11/2027Olivers Hill Pty Ltd <Donohue Family A/C>149,715,376 fully paid ordinary sharesOlivers Hill Pty Ltd <Olivers Hill SuperA/C>8,500,000 fully paid ordinary shares	Penstock Group Pty Ltd1,000,000 fully paid ordinary shares12,024,354 unlisted options exercisable at$0.08 on or before 30/11/2027Olivers Hill Pty Ltd <Donohue Family A/C>149,715,376 fully paid ordinary sharesOlivers Hill Pty Ltd <Olivers Hill SuperA/C>8,500,000 fully paid ordinary shares	Penstock Group Pty Ltd1,000,000 fully paid ordinary shares12,024,354 unlisted options exercisable at$0.08 on or before 30/11/2027Olivers Hill Pty Ltd <Donohue Family A/C>149,715,376 fully paid ordinary sharesOlivers Hill Pty Ltd <Olivers Hill SuperA/C>8,500,000 fully paid ordinary shares
Class	Fully paid ordinary shares
				ares
Number acquired	3,648,	454 Fully pai	d ordinary sh
Number disposed	-
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated	$47,4	9.90
valuation
No. of securities held after change	Penst	ock Group P	ty Ltd	resxercisable atFamily A/C>haresll Superares
	1,000,1202	000 fully pai4354 unliste	ordinary shad options e
	,$0.08	,on or before	30/11/2027
	Olive	s Hill Pt Lt	<Donohue
	149,7	y15,376 fully p	aid ordinary s
	Oli	Hill Pt Lt	Oli H
	vers y <versA/C>
	12,14	8,454 fully pa	id ordinary sh
		k h	h
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue	On m	ret sare p	rcase
of securities under dividend reinvestment plan, participation in buy-back

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

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	No
If so, was prior written clearance provided to allow thetrade to proceed during this period?	N/A
If prior written clearance was provided, on what date wasthis provided?	N/A

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 3