GALAN LITHIUM LIMITED — Director's Dealing 2022

Jun 22, 2022

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 entity	GALAN LITHIUM LIMITED
ABN	87 149 349 646

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	Richard Homsany
Date of last notice	4 March 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 (2)
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances givingrise to the relevant interest.	Indirect (1)Richard and Rosa Homsany ATF the Homsany Family A/c – Trusteeand beneficiaryIndirect (2)Cardinals Corporate Pty Ltd (Cardinals Corporate A/c) – beneficiaryand sole director and shareholder
Date of change	22 June 2022
No. of securities held prior tochange	Direct:NilIndirect (1):205,676 Fully Paid Ordinary SharesIndirect (2):727,583 Fully Paid Ordinary Shares1,000,000 Options expiring 8 October 2023 @ $0.211,500,000 Performance rights (with varying vesting conditions)
Class	Fully paid ordinary shares
Number acquired	15,808
Number disposed	Nil

• See chapter 19 for defined terms.

Appendix 3Y Page 1

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Appendix 3Y Change of Director’s Interest Notice

Value/Consideration

Value/Consideration $16,470 Note: If consideration is non-cash, provide details and estimated valuation

No. of securities held after change Direct: Nil Indirect (1): 205,676 Fully Paid Ordinary Shares Indirect (2): 743,391 Fully Paid Ordinary Shares 1,000,000 Options expiring 8 October 2023 @ $0.21 1,500,000 Performance rights (with varying vesting conditions) Nature of change On market trades 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.

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 contracts No detailed above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the trade to proceed during this period?

If prior written clearance was provided, on what date was this provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002