KALI METALS LIMITED — Share Issue/Capital Change 2025

Jan 19, 2025

Appendix 3H - Notification of cessation of securities

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Announcement Summary

Entity name

KALI METALS LIMITED

Announcement Type

New announcement

Date of this announcement

Saturday January 18, 2025

Details of +securities that have ceased

		Number of
ASX +security		+securities that	The +securities have	Date of
code	Security description	have ceased	ceased due to	cessation
KM1AE	PERFORMANCE RIGHTS	300,000	Cancellation by agreement	10/01/2025
			between the entity and the
			holder

Refer to next page for full details of the announcement

Appendix 3H - Notification of cessation of securities

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Appendix 3H - Notification of cessation of securities

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Part 1 - Announcement Details

1.1 Name of +Entity

KALI METALS LIMITED

We (the entity named above) provide the following information about our issued capital.

1.2 Registered Number Type Registration Number ACN 653279371

1.3 ASX issuer code

KM1

1.4 The announcement is

New announcement

1.5 Date of this announcement

18/1/2025

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Appendix 3H - Notification of cessation of securities

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Part 2 - Details of +equity securities or +debt securities that have ceased

ASX +Security Code and Description

KM1AE : PERFORMANCE RIGHTS

Unquoted +equity securities that have ceased

Number of securities that have ceased

300,000

Reason for cessation

Cancellation by agreement between the entity and the holder

Date of cessation Is the entity paying any consideration for the cessation? No 10/1/2025

Any other information the entity wishes to notify to ASX about the cessation?

Employee exited the business, performance rights accordingly lapsed in accordance with their terms.

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Appendix 3H - Notification of cessation of securities

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Part 3 - Issued capital following changes

Following the cessation of the +securities the subject of this notification, the issued capital of the entity will comprise:

The figures in parts 3.1 and 3.2 below are automatically generated and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX for processing.

3.1 Quoted +equity securities and +debt securities (total number of each +class of +securities quoted on ASX)

	Total number of
ASX +security code and description	+securities on issue
KM1 : ORDINARY FULLY PAID	76,827,624
3.2 Unquoted +equity securities (total number of each +class of +equity securities issued but not quoted on ASX)
	Total number of
ASX +security code and description	+securities on issue
KM1AA : ORDINARY FULLY PAID RESTRICTED	5,140,000
KM1AB : ORDINARY FULLY PAID RESTRICTED	62,664,250
KM1AD : PERFORMANCE RIGHTS RESTRICTED	7,541,704
KM1AC : OPTION EXPIRING VARIOUS DATES RESTRICTED	3,990,321
KM1AF : OPTION EXPIRING 04-DEC-2027 EX $0.243	2,375,000
KM1AG : OPTION EXPIRING 04-DEC-2027 EX $0.324	2,375,000
KM1AE : PERFORMANCE RIGHTS	4,423,211

3.2 Unquoted +equity securities (total number of each +class of +equity securities issued but not quoted on ASX)

Note: the figures stated in the tables above are used to calculate the total market capitalisation of the entity published by ASX from time to time. The table will not include those classes of +securities that have ceased or lapsed in their entirety in ASX records before the announcement date described in Q1.5, even if the entity has advised ASX of a change to that class of +security in Part 2 of this form.

Appendix 3H - Notification of cessation of securities

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