LAKE RESOURCES N.L. — Director's Dealing 2025

Dec 3, 2025

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 becomes ASX's property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Introduced 30/09/01 Amended 01/01/11
Name of entity	Lake Resources N.L.
ABN	49 079 471 980

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	David Dickson
Date of last notice	13 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	Direct or indirect interest	Direct or indirect interest	Direct	Direct	Direct
Nature of indirect i(including registere	nterest		N/A
	d holder)
Date of change			03 Decem	ber 2025
N f iti h	ld i t h		11331	325 Odi Sh	10800000 hld b
o. o secures	pror o cange		(),HSBC CuNi	, - rnary arstody Nominees (Ausd tdi f h	s ,, e ytralia) Ltd (asbfiill
			omnee an cusoans o sares enecayowned by David Dickson.(2)11,688,462 - Employee Awards Plan -Performance Stock Units(3)17,776,456 - Employee Awards Plan - Restricted
			Stock Uni	ts
			(4)4,000,	000 - Employee Awar	ds Plan - Options
			(5)35,251,232 - Listed directors’ options and BonusLoyalty options exercise price $0.05 expiring 14October 2028
Class			(1) Employee Awards Plan - Performance StockUnits
			(2) Emplo	yee Awards Plan - Re	stricted Stock Units
Number acquired			19,230,76	9 - Employee Awards	Plan - Performance
			Stock Un12	tsEl A	Pl Ri
			9,30,769 - mpoyee wards an - estrctedStock Units
Number disposed			Nil
Value/Consideration			Nil

• See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director's Interest Notice

	Appendix 3YChange of Director's Interest Notice
No. of securities held after change	(1) 13,312,325 - Ordinary Shares 10,800,000 heldby HSBC Custody Nominees (Australia) Ltd (asNominee and custodians of shares beneficiallyowned by David Dickson.(2) 30,919,231 - Employee Awards Plan -Performance Stock Units(3) 37,007,225 - Employee Awards Plan - RestrictedStock Units(4) 4,000,000 - Employee Awards Plan - Options(5)35,251,232 - Listed directors’ options and BonusLoyalty options exercise price $0.05 expiring 14October 2028
Nature of change	Employee Award Plan - Restricted Stock Unit andPerformance Stock Unit Allotment

Part 2 - Change of director's relevant 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 securitiesto which interest relatedprior to change	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration	N/A
Interest after change	N/A

Part 3 -[+] Closed period

Were the interests in the securities orcontracts detailed above traded during a+closed period where prior written clearancewas required?	No
If so, was prior written clearance provided toallow the trade to proceed during this period?	N/A
If prior written clearance was provided, onwhat date was this provided?	N/A

• See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 2