INFINITY METALS LIMITED — Director's Dealing 2021

Dec 13, 2021

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

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 30/09/01 Amended 01/01/11

Name of entity: Infinity Lithium Corporation Limited ABN: 52 147 413 956

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	Jon Starink
Date of last notice	8 December 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 (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Lazarus Foundation Pty Ltd (Mr Starink is a director and shareholder of this Company)
Date of change	8 December 2021
No. of securities held prior to change	Lazarus Foundation Pty Ltd - 2,400,000 Share Appreciation Rights expiring on 5 October 2025 Refer Notice of Meeting lodged with ASX on 27 October 2020 for terms and conditions
Class	Unlisted Options exercisable at $0.25 on or before 8 December 2023.
Number acquired	4,500,000
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil Consideration. These options were valued in the Notice of Meeting lodged on 29 October 2021 at $350,955.

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change Lazarus Foundation Pty Ltd - 4,500,000 Unlisted Options exercisable at $0.25 on or before 8 December 2023 - 2,400,000 Share Appreciation Rights expiring on 5 October 2025 ** ** Refer Notice of Meeting lodged with ASX on 27 October 2020 for terms and conditions Nature of change Issue of Unlisted Options as approved by Shareholders Example: on-market trade, off-market trade, exercise of options, issue of at the AGM held on 30 November 2021. securities under dividend reinvestment plan, participation in buy-back

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	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
Date of change	N/A
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	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed No above traded during a[+] closed period where prior written clearance was required?

If so, was prior written clearance provided to allow the trade N/A to proceed during this period?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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

N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3