GALAN LITHIUM LIMITED — Director's Dealing 2022

Mar 3, 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	3 December 2021

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.

Part 1 - Change of director’s relevant interests in securitiesIn the case of a trust, this includes interests in the trust made available b	Part 1 - Change of director’s relevant interests in securitiesIn the case of a trust, this includes interests in the trust made available b	Part 1 - Change of director’s relevant interests in securitiesIn the case of a trust, this includes interests in the trust made available b	Part 1 - Change of director’s relevant interests in securitiesIn the case of a trust, this includes interests in the trust made available b	y the responsible en	tity of the trust	tity of the trust
Note: In the case of a company, interests which come within paragraph (i) of the depart.				finition of “notifiable i	nterest of a director”		should be disclosed in this
Direct or indirect interestDirect
		Direct or indirect interest	Direct
		Nature of indirect interestildi id hld
		(ncung regstere oer)Note: Provide details of the circumstances giving
		rise to the relevant interest.
		Date of change	25 February2022 – 28 February2022
		No. of securities held prior tochange	Direct2,004,471 Fully paid ordinary shares324,442 Options expiring 31 March 2022 @ $0.251,000,000 Options expiring 8 October 2023 @ $0.21
			324,442 Options expiring 31 Mar1,000,000 Options expiring 8 Oct			ch 2022 @ $0.25ober 2023 @ $0.21
		Class	1.Fully paid ordinary shares2.Performance rights (with var			ying vesting condition		s)
		Number acquired	1.18,000 Fully paid ordinary s2.1,500,000 Performance right			haress
		Number disposed	Nil
		Value/ConsiderationNote: If consideration is non-cash, provide detailsand estimated valuation	1.$25,4522.Nil

• 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 2,022,471 Fully paid ordinary shares 324,442 Options expiring 31 March 2022 @ $0.25 1,000,000 Options expiring 8 October 2023 @ $0.21 1,500,000 Performance rights (with varying vesting conditions) Nature of change 1. On market trades

Example: on-market trade, off-market trade, 2. As approved by shareholders at the AGM held on 28/1/22 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 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