IONIC RARE EARTHS LIMITED — Director's Dealing 2026

Apr 9, 2026

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ASX Announcement

10 April 2026

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ASX:IXR
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APPENDIX 3Y – LATE LODGEMENT

Ionic Rare Earths Limited (“IonicRE” or the “Company”) (ASX: IXR) advises that the Company

has lodged today the Appendix 3Y – Change of Director’s Interest Notice (Appendix 3Y) in relation to a change in Mr Brett Lynch shareholdings that occurred on 6 August 2025.

The delay in lodging the Appendix 3Y in respect of the change was due to an administrative oversight following sale of shares by the director’s broker to settle brokerage fees. Upon becoming aware of the transaction, the Company has lodged this notice immediately.

The Company believes that its current disclosure procedures are adequate. The Company is committed to strict compliance with the ASX Listing Rules and all applicable regulatory requirements. Authorised for release by Managing Director.

For enquiries, contact :

For Company Tim Harrison Ionic Rare Earths Limited investors@ionicre.com +61 (3) 9776 3434

For Investor Relations Peter Taylor NWR Communications peter@nwrcommunications.com.au +61 (0) 412 036 231

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Ionic Rare Earths Limited Suite 09, Level 5, North tower 525 Collins Street Melbourne Vic 3000 Australia

Phone: +61 3 9776 3434 Email: investors@ionicre.com Web: www.ionicre.com ACN: 083 646 477

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 Ionic Rare Earths Limited ABN 84 083 646 477

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	Mr Brett Lynch
Date of last notice	5 November 2025

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 and Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	1. DIXON SONOMA PTY LTD (Brett Lynch is the beneficial owner) 2.Brett Lynch (Direct) 3. Bond Street Custodians Limited (Brett Lynch is the beneficial owner) 4. EARLY MORN ENTERPRISES PTY LTD ATF EARLY MORN TRUST
Date of change	6 August 2025
No. of securities held prior to change	1. 38,461,539 Fully Paid Ordinary Shares - DIXON SONOMA PTY LTD 28,846,154 Options to acquire Fully Paid Ordinary Shares DIXON SONOMA PTY LTD 2. 55,000,000 Performance Rights (Direct) 3. 119,415,475 Fully Paid ordinary Shares Bond Street Custodians Limited 9,653,571 Options - Bond Street Custodians Limited 4. 5,000,000 Fully Paid Ordinary Shares EARLY MORN ENTERPRISES PTY LTD ATF EARLY MORN TRUST

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Class	Fully Paid Ordinary Shares	Fully Paid Ordinary Shares
Number acquired	NIL
Number disposed	70,941 Fully paid Ordinary Shares
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	0.018
No. of securities held after change	Pre-Consolidation 1. 38,461,539 Fully Paid Ordinary Shares - DIXON SONOMA PTY LTD FUND A/C> 28,846,154 Options to acquire Fully Paid Ordinary Shares DIXON SONOMA PTY LTD 2. 55,000,000 Performance Rights (Direct) 3. 119,344,534 Fully Paid ordinary Shares Bond Street Custodians Limited 9,653,571 Options - Bond Street Custodians Limited 4. 5,000,000 Fully Paid Ordinary Shares EARLY MORN ENTERPRISES PTY LTD ATF EARLY MORN TRUST	Post-Consolidation 1. 1,282,051 Fully Paid Ordinary Shares - DIXON SONOMA PTY LTD FUND A/C> 961,539 Options to acquire Fully Paid Ordinary Shares DIXON SONOMA PTY LTD 2. 1,833,334 Performance Rights (Direct) 3. 3,978,151 Fully Paid ordinary Shares Bond Street Custodians Limited 321,786 Options - Bond Street Custodians Limited 4. 166,667 Fully Paid Ordinary Shares EARLY MORN ENTERPRISES PTY LTD ATF EARLY MORN TRUST
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	On-market trade

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

No. and class of securities to which N/A interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed Interest acquired N/A Interest disposed N/A Value/Consideration N/A Note: If consideration is non-cash, provide details and an estimated valuation Interest after change N/A

Part 3 –[+] Closed period

art 3– +Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance **was required? **	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	NA
If prior written clearance was provided, on what date was this provided?	NA

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 3