GALAN LITHIUM LIMITED — Director's Dealing 2021

Sep 21, 2021

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 entityGALAN LITHIUM LIMITED
ABN87 149 349 646

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	Terry Gardiner
Date of last notice	12 October 2020

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	Indirect
(including registered holder)Note: Provide details of the circumstances givingrise to the relevant interest.	TJ & VH Gardiner (Terry Gardiner Super Fund A/c), an accountin which Mr Gardiner is a beneficiary
Date of change	17 September 2021
No. of securities held prior to	Direct
change	3,548,600 Fully paid ordinary shares
	207,143 Options expiring 31 March 2022 @ $0.25
	1,500,000 Options expiring 8 October 2023 @ $0.21
	Indirect
	2,850,000 Fully paid ordinary shares
	150,000 Options expiring 31 March 2022 @ $0.25
Class	Fully paid ordinary shares
Number acquired	50,000
Number disposed	Nil
Value/Consideration	$12,500
Note: If consideration is non-cash, provide details
and estimated valuation

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change Direct 3,548,600 Fully paid ordinary shares 207,143 Options expiring 31 March 2022 @ $0.25 1,500,000 Options expiring 8 October 2023 @ $0.21 Indirect 2,900,000 Fully paid ordinary shares 100,000 Options expiring 31 March 2022 @ $0.25 Nature of change Conversion of options Example: on-market trade, off-market trade, 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.

Note: In the case of a company, interests which come within paragraph (ii) ofpart.	ote: In the case of a company, interests which come within paragraph (ii) ofart.	ote: In the case of a company, interests which come within paragraph (ii) ofart.	ote: In the case of a company, interests which come within paragraph (ii) ofart.	ote: In the case of a company, interests which come within paragraph (ii) ofart.	the definition of “notifiable interest of a director” should be disclosed in this	the definition of “notifiable interest of a director” should be disclosed in this	the definition of “notifiable interest of a director” should be disclosed in this	the definition of “notifiable interest of a director” should be disclosed in this	the definition of “notifiable interest of a director” should be disclosed in this
Detail of contractNature of interestName of registered holder(if issued securities)Date of changeNo. and class of securities to which interestrelated prior to changeNote: Details are only required for a contract in relation to which theinteresthas changedInterest acquiredInterest disposedValue/ConsiderationNote: If consideration is non-cash, provide details and an estimatedvaluation Interest after changePart 3 –+Closed period.Were the interests in the securities or contractsdetailed above traded during a+closed periodwhere prior written clearance was required?If so, was prior written clearance provided toallow the trade to proceed during this period?If prior written clearance was provided, on whatdate was this provided?	Detail of contract
		a o coac
	Na	ture of interest
	Na(if	me of registered hol	der
		issued securities)
	Date of change
	No. and class of securities to which interestrelated prior to changeNote: Details are only required for a contract in relation to which theinteresthas changed
	Interest acquired
	Interest disposed
	VaNotvalu	lue/Consideratione: If consideration is non-cashation	, provide details and an e	stimated
	Int	erest after change
		3 –+Closed period
	Were the interests in the securities or contractsdetailed above traded during a+closed periodwhere prior written clearance was required?	ere the interests in thtild b tdd	e securities or coni+ld	tractsid	No
	If so, was prior written clearance provided toallow the trade to proceed during this period?
	If prior written clearance was provided, on whatdate was this provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002