GALAN LITHIUM LIMITED — Director's Dealing 2022

Apr 13, 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	Daniel Jimenez
Date of last notice	7 April 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	Direct
Nature of indirect interest(including registered holder)Note: Provide details of the circumstancesgiving rise to the relevant interest.
Date of change	8 April 2022
No. of securities held prior tochange	Direct2,346,913 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	Nil
Number disposed	37,700
Value/ConsiderationNote: If consideration is non-cash, providedetails and estimated valuation	$81,809
No. of securities held after change	Direct2,309,213 Fully paid ordinary shares1,000,000 Options expiring 8 October 2023 @ $0.211,500,000 Performance rights (with varying vesting conditions)

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Nature of changeExample: on-market trade, off-market trade,exercise of options, issue of securities underdividend reinvestment plan, participation inbuy-back	On-market trades to fund the 7/4/22 conversion of all $0.25options expiring 31/3/22

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 periodwhere prior written clearance was required?	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