GALAN LITHIUM LIMITED — Director's Dealing 2022

Feb 8, 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 Terry Gardiner

Date of last notice 17 January 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 circumstances givingrise to the relevant interest.	IndirectTJ & VH Gardiner (Terry Gardiner Super Fund A/c), an accountin which Mr Gardiner is a beneficiary
Date of change	3 February2022
No. of securities held prior tochange	Direct3,548,600 Fully paid ordinary shares500,000 Options expiring 8 October 2023 @ $0.21Indirect2,956,887 Fully paid ordinary shares
Class	Fully paid ordinary shares
Number acquired	50,000
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide detailsand estimated valuation	$75,664

• 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 3,598,600 Fully paid ordinary shares 500,000 Options expiring 8 October 2023 @ $0.21 Indirect 2,956,887 Fully paid ordinary shares 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 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
	Nature of interest
	Name of registered holder(if 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
	Value/ConsiderationNote: If consideration is non-cash, provide details and an estimatedvaluation
	Interest after change
	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