LAKE RESOURCES N.L. — Major Shareholding Notification 2023

Apr 12, 2023

605 Page 1 of 3

Form 605

Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme LAKE RESOURCES NL

ACN/ARSN/ ABN 49 079 471 980

1. Details of substantial holder (1)

Name JPMorgan Chase & Co. and its affiliates

ACN/ARSN (if applicable) NA

The holder ceased to be a substantial holder on

The holder ceased to be a substantial holder on 11/04/2023 The previous notice was given to the company on 10/04/2023 The previous notice was dated 06/04/2023

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

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Date of Person whose relevant Nature of change (4) Consideration Class (6) and Person's votes
change interest changed given in relation to number of affected
change (5) securities affected
JPMORGAN ASSET
Securities received as collateral 18,808 18,808
See MANAGEMENT (UK)
Appendix LIMITED due to securities lending See Appendix (Ordinary) (Ordinary)
JPMORGAN ASSET
Securities received as collateral 1,781 1,781
See MANAGEMENT
Appendix (JAPAN) LIMITED due to securities lending See Appendix (Ordinary) (Ordinary)
J.P. MORGAN Holder of securities subject to 5,000,000 5,000,000
See Appendix SECURITIES LLC an obligation to return under a securities lending agreement See Appendix (Ordinary) (Ordinary)
J.P. MORGAN Rehypothecation of client 5,007 5,007
See securities under a Prime
SECURITIES LLC See Appendix (Ordinary) (Ordinary)
Appendix Brokerage Agreement
J.P. MORGAN Purchase and sales of
146,117 146,117
See SECURITIES securities in its capacity as
Appendix AUSTRALIA LIMITED Principal/Proprietary See Appendix (Ordinary) (Ordinary)
J.P. MORGAN
Securities received as collateral 6,443 6,443
See INVESTMENT
Appendix MANAGEMENT INC. due to securities lending See Appendix (Ordinary) (Ordinary)
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3. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

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Name and ACN/ARSN (if applicable) Nature of association
J.P. MORGAN SECURITIES LLC Subsidiary of JPMorgan Chase & Co
J.P. MORGAN INVESTMENT MANAGEMENT INC. Subsidiary of JPMorgan Chase & Co
J.P. MORGAN SECURITIES AUSTRALIA LIMITED Subsidiary of JPMorgan Chase & Co
JPMORGAN ASSET MANAGEMENT (UK) LIMITED Subsidiary of JPMorgan Chase & Co
JPMORGAN ASSET MANAGEMENT (JAPAN) LIMITED Subsidiary of JPMorgan Chase & Co
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605 Page 2 of 3

4. Addresses

The addresses of persons named in this form are as follows:

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Name Address
JPMorgan Chase & Co. 383 Madison Avenue, New York, New York, NY, 10179, United States
J.P. MORGAN SECURITIES LLC 383 Madison Ave., New York, New York, NY, 10179, United States
J.P. MORGAN SECURITIES AUSTRALIA LIMITED Level 18, 83-85 Castlereagh Street, Sydney, NSW 2000, Australia
J.P. MORGAN INVESTMENT MANAGEMENT INC.
383 Madison Avenue, New York, New York, NY, 10179, United States
JPMORGAN ASSET MANAGEMENT (UK) LIMITED 60 Victoria Embankment, London, EC4Y0JP, England
JPMORGAN ASSET MANAGEMENT (JAPAN) LIMITED Tokyo Building, 7-3 Marunouchi 2 Chome,Chiyoda-ku, Tokyo, 100 6432, Japan
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Signature

print name Seshagiri Rao Singamsetty capacity Compliance Officer sign here date 13/04/2023

605 Page 3 of 3

DIRECTIONS

• (1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 4 of the form.

• (2) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.

• (3) See the definition of "associate" in section 9 of the Corporations Act 2001.

• (4) Include details of:

• (a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and

• (b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• (5) D aetails of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was cquired has, or may, o become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional n the happening or not of a contingency. aDetails must be included of any benefit paid on behalf of the substantial holder or its ssociate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

• (6) The voting shares of a company constitute one class unless divided into separate classes.

• (7) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

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TRADES FOR RELEVANT PERIOD Appendix
dfs
Transaction Date Entity Product Type Type of Transaction Quantity Price (AUD) Consideration
Balance at start of relevant period 71,303,065
11-Apr-23 J.P. MORGAN SECURITIES LLC Equity On-Lend 5,007 - $ -
11-Apr-23 J.P. MORGAN SECURITIES LLC Equity Borrow Return (5,000,000) - $ -
11-Apr-23 J.P. MORGAN SECURITIES AUSTRALIA LIMITED Equity Buy 9,891 0.46 $ 4,549.86
11-Apr-23 J.P. MORGAN SECURITIES AUSTRALIA LIMITED Equity Buy 24,699 0.47 $ 11,485.04
11-Apr-23 J.P. MORGAN SECURITIES AUSTRALIA LIMITED Equity Sell (60,094) 0.46 $ 27,820.22
11-Apr-23 J.P. MORGAN SECURITIES AUSTRALIA LIMITED Equity Buy 96,323 0.46 $ 44,357.80
11-Apr-23 J.P. MORGAN SECURITIES AUSTRALIA LIMITED Equity Buy 47,587 0.46 $ 21,967.63
11-Apr-23 J.P. MORGAN SECURITIES AUSTRALIA LIMITED Equity Buy 8,863 0.47 $ 4,126.39
11-Apr-23 J.P. MORGAN SECURITIES AUSTRALIA LIMITED Equity Sell (1,703) 0.46 $ 789.83
11-Apr-23 J.P. MORGAN SECURITIES AUSTRALIA LIMITED Equity Sell (50,000) 0.46 $ 23,200.95
11-Apr-23 J.P. MORGAN SECURITIES AUSTRALIA LIMITED Equity Sell (424) 0.46 $ 196.73
11-Apr-23 J.P. MORGAN SECURITIES AUSTRALIA LIMITED Equity Buy 241 0.46 $ 109.66
11-Apr-23 J.P. MORGAN SECURITIES AUSTRALIA LIMITED Equity Sell (180) 0.46 $ 81.90
11-Apr-23 J.P. MORGAN SECURITIES AUSTRALIA LIMITED Equity Buy 2,395 0.46 $ 1,089.73
11-Apr-23 J.P. MORGAN SECURITIES AUSTRALIA LIMITED Equity Sell (4,738) 0.46 $ 2,179.48
11-Apr-23 J.P. MORGAN SECURITIES AUSTRALIA LIMITED Equity Sell (7,239) 0.46 $ 3,329.94
11-Apr-23 J.P. MORGAN SECURITIES AUSTRALIA LIMITED Equity Buy 80,496 0.46 $ 37,028.16
11-Apr-23 J.P. MORGAN INVESTMENT MANAGEMENT INC. Equity Collateral In 83 - $ -
11-Apr-23 J.P. MORGAN INVESTMENT MANAGEMENT INC. Equity Collateral In 1,273 - $ -
11-Apr-23 J.P. MORGAN INVESTMENT MANAGEMENT INC. Equity Collateral In 4,235 - $ -
11-Apr-23 J.P. MORGAN INVESTMENT MANAGEMENT INC. Equity Collateral In 852 - $ -
11-Apr-23 JPMORGAN ASSET MANAGEMENT (UK) LIMITED Equity Collateral In 9,882 - $ -
11-Apr-23 JPMORGAN ASSET MANAGEMENT (UK) LIMITED Equity Collateral In 192 - $ -
11-Apr-23 JPMORGAN ASSET MANAGEMENT (UK) LIMITED Equity Collateral In 29 - $ -
11-Apr-23 JPMORGAN ASSET MANAGEMENT (UK) LIMITED Equity Collateral In 1,474 - $ -
11-Apr-23 JPMORGAN ASSET MANAGEMENT (UK) LIMITED Equity Collateral In 7,227 - $ -
11-Apr-23 JPMORGAN ASSET MANAGEMENT (UK) LIMITED Equity Collateral In 4 - $ -
11-Apr-23 JPMORGAN ASSET MANAGEMENT (JAPAN) LIMITED Equity Collateral In 1,781 - $ -
Balance at End of relevant period 66,481,221
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1/1

Appendix: Prescribed information pursuant to securities lending arrangement disclosed under the substantial shareholding notice filed with ASX.

shareholding notice	filed with ASX.
Date:	13-Apr-2023
Company’s name:	LAKE RESOURCES NL
ISIN:	AU000000LKE1
Date of change of relevant interests:	11-Apr-2023
Schedule
Type of agreement	Global Master Securities Lending Agreement ("GMSLA")
Parties to agreement	JPMorgan Chase Bank, N.A. (acting as agent) (“lender”) and Morgan Stanley & Co. International PLC (Borrower)
Transfer date	Settlement Date 22-Feb-23 24-Feb-23 13-Mar-23 14-Mar-23 20-Mar-23 31-Mar-23 05-Apr-23 12-Apr-23
Holder of voting rights	Borrower
Are there any restriction on voting rights	Yes
If yes, detail	The borrower undertakes to use its best endeavors to arrange for the voting rights to be exercised in accordance with the instructions of the lender, provided that the lender uses its best endeavors to notify the borrower of its instructions in writing no later than 7 business days prior to the date upon which such votes are exercisable or as otherwise agreed between the parties. This undertaking is set out in clause 6.6 of the standard form GMSLA.
Scheduled return date(if any)	None
Does the borrower have the right to **return early? **	Yes
If yes, detail	Borrower has right to return all and any equivalent securities early at any time in accordance with the lender's instructions.
Does the lender have the right to **recall early? **	Yes
If yes, detail	Lender has right to recall all or any equivalent securities at any time by giving notice on any business day of not less than the standard settlement time for such equivalent securities on the exchange or in the clearing organisation through which the relevant borrowed securities were originally delivered (and where there is a difference between the settlement time for sales and purchases on the relevant exchange or clearing organisation, the standard settlement time shall be the shorter of the two times). The borrower must return the securities not later than the expiry of such notice in accordance with the lender's instructions.
Will the securities be returned on settlement?	Yes
If yes, detail any exceptions	No exceptions
Statement	If requested by the company to whom the prescribed form must be given, or if requested by ASIC, a copy of the agreement will begiven to that companyor ASIC.

Appendix: Prescribed information pursuant to securities lending arrangement disclosed under the substantial shareholding notice filed with ASX.

Date:	13-Apr-2023
Company’s name:	LAKE RESOURCES NL
ISIN:	AU000000LKE1
Date of change of relevant interests:	11-Apr-2023
Schedule
Type of agreement	Australian Master Securities Lending Agreement (“AMSLA”)
Parties to agreement	JPMorgan Chase Bank, N.A. (acting as agent) (“lender”) and UBS Securities Australia Ltd (Borrower)
Transfer date	Settlement Date 29-Mar-23 06-Apr-23
Holder of voting rights	Borrower
Are there any restriction on voting rights	Yes
If yes, detail	The borrower undertakes to use its best endeavors to arrange for the voting rights to be exercised in accordance with the instructions of the lender, provided that the lender uses its best endeavors to notify the borrower of its instructions in writing no later than 7 business days prior to the date upon which such votes are exercisable or as otherwise agreed between the parties. This undertaking is set out in clause 4.3 of the standard form AMSLA.
Scheduled return date(if any)	None
Does the borrower have the right to **return early? **	Yes
If yes, detail	Borrower has right to return all and any equivalent securities early at any time in accordance with the lender’s instructions.
Does the lender have the right to **recall early? **	Yes
If yes, detail	Lender has right to recall all or any equivalent securities at any time by giving notice on any business day of not less than the standard settlement time for such equivalent securities on the exchange or in the clearing organisation through which the relevant borrowed securities were originally delivered (and where there is a difference between the settlement time for sales and purchases on the relevant exchange or clearing organisation, the standard settlement time shall be the shorter of the two times). The borrower must return the securities not later than the expiry of such notice in accordance with the lender’s instructions.
Will the securities be returned on settlement?	Yes
If yes, detail any exceptions	No exceptions
Statement	If requested by the company to whom the prescribed form must be given, or if requested by ASIC, a copy of the agreement will begiven to that companyor ASIC.

Appendix: Prescribed information pursuant to securities lending arrangement disclosed under the substantial shareholding notice filed with ASX.

Date:	13-Apr-2023
Company’s name:	LAKE RESOURCES NL
ISIN:	AU000000LKE1
Date of change of relevant interests:	11-Apr-2023
Schedule
Type of agreement	Global Master Securities Lending Agreement ("GMSLA")
Parties to agreement	JPMorgan Chase Bank, N.A. (acting as agent) (“lender”) and Merrill Lynch International(Borrower)
Transfer date	Settlement Date 19-Aug-22 01-Dec-22 10-Jan-23 12-Jan-23 16-Jan-23 02-Feb-23 10-Feb-23 02-Mar-23 03-Mar-23 13-Mar-23 04-Apr-23 06-Apr-23 11-Apr-23 12-Apr-23
Holder of voting rights	Borrower
Are there any restriction on voting rights	Yes
If yes, detail	The borrower undertakes to use its best endeavors to arrange for the voting rights to be exercised in accordance with the instructions of the lender, provided that the lender uses its best endeavors to notify the borrower of its instructions in writing no later than 7 business days prior to the date upon which such votes are exercisable or as otherwise agreed between the parties. This undertaking is set out in clause 6.6 of the standard form GMSLA.
Scheduled return date(if any)	None
Does the borrower have the right to **return early? **	Yes
If yes, detail	Borrower has right to return all and any equivalent securities early at any time in accordance with the lender's instructions.
Does the lender have the right to **recall early? **	Yes
If yes, detail	Lender has right to recall all or any equivalent securities at any time by giving notice on any business day of not less than the standard settlement time for such equivalent securities on the exchange or in the clearing organisation through which the relevant borrowed securities were originally delivered (and where there is a difference between the settlement time for sales and purchases on the relevant exchange or clearing organisation, the standard settlement time shall be the shorter of the two times). The borrower must return the securities not later than the expiry of such notice in accordance with the lender's instructions.
Will the securities be returned on settlement?	Yes
If yes, detail any exceptions	No exceptions

If requested by the company to whom the prescribed form must be given, or if requested by ASIC, a copy of the agreement will be given to that company or ASIC.

Statement

Appendix: Prescribed information pursuant to securities lending transaction disclosed under the substantial shareholding notice filed with ASX.

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Date: 13-Apr-2023
Company’s name: LAKE RESOURCES NL
ISIN: AU000000LKE1
Date of change of
11-Apr-2023
relevant interests:
Schedule
Type of agreement Institutional Account Agreement
JP Morgan Securities LLC for itself and as agent and trustee for the other J.P. Morgan Entities and Blackrock ,
NATIONAL FINANCIAL SERVICES LLC - AS AGENT and State Street Bank and Trust Co (As Agent),
GOLDMAN SACHS BANK USA ( AGENCY LENDING AS AGENT) (herein referred to as “JPMS” )“ J.P. Morgan
Parties to agreement Entities” means, as the context may require or permit, any and all of JPMSL, JPMorgan Chase Bank, N.A., J.P. Morgan
Securities LLC., J.P. Morgan Markets Limited, J.P. Morgan Securities Australia Limited, J.P. Morgan Securities (Asia
Pacific) Limited, J.P. Morgan Securities Japan Co., Ltd and J.P. Morgan Prime Nominees Limited and any additional
entity notified to the Company from time to time.
Settlement Date:
13-Jan-2023
Transfer date 21-Feb-2023
07-Mar-2023
09-Mar-2023
JPMS is the holder of the voting rights from the time at which it exercises its right to borrow. Notwithstanding this,
Holder of voting
please note that the Company has the right to recall equivalent securities if it wishes to exercise its voting rights in
rights
respect of the securities.
Are there any
restriction on voting Yes
rights
JPMS will not be able to exercise voting rights in circumstances where the Company has recalled equivalent securities
If yes, detail from JPMS before the voting rights have been exercised. In these circumstances, JPMS must return the securities to
the Company and the Company holds the voting rights.
Scheduled return
N/A. There is no term to the loan of securities.
date (if any)
Does the borrower
have the right to Yes.
return early?
If yes, detail JPMS has the right to return all and any securities or equivalent securities early at any time.
Does the lender have
the right to recall Yes.
early?
If yes, detail The Company has the right to recall all or any equivalent securities on demand.
Will the securities be
Yes. Settlement of the loan will occur when JPMS returns equivalent securities to the Company. There is no term to
returned on
the loan of securities.
settlement?
If yes, detail any
exceptions
If requested by the company to whom the prescribed form must be given, or if requested by ASIC, a copy of the
Statement
agreement will be given to that company or ASIC.
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Appendix: Prescribed information pursuant to securities lending transaction disclosed under the substantial shareholding notice filed with ASX.

Date:	13-Apr-2023
Company’s name:	LAKE RESOURCES NL
ISIN:	AU000000LKE1
Date of change of relevant interests:	11-Apr-2023
Schedule
Type of agreement	Exclusive Securities Lending Agreement dated November 17, 2020 to the Global Master Securities Lending Agreement
Parties to agreement	SFT ("lending agent") - CALIFORNIA STATE TEACHERS' RETIREMENT SYSTEM ("lender") and J.P. Morgan Securities Plc("borrower")
Transfer date	Settlement date 11-Jul-22 25-Jul-22 9-Aug-22 15-Aug-22 19-Sep-22 28-Sep-22 20-Oct-22 20-Mar-23
Holder of voting rights	Borrower
Are there any restriction on voting rights	Yes
If yes, detail	The borrower shall have no obligation to arrange for voting rights to be exercised in accordance with the instructions of the other party, unless otherwise agreed between the parties.
Scheduled return date(if any)	None
Does the borrower have the right to **return early? **	Yes
If yes, detail	Borrower has the right to terminate a loan and redeliver all and any equivalent securities due and outstandingto the lender in accordance with lender's instructions and lender shall accept such redelivery.
Does the lender have the right to recall early?	Yes
If yes, detail	Lender has right to recall all or any equivalent securities at any time by giving notice on any business day of not less than the standard settlement time for such equivalent securities on the exchange or in the clearing organisation through which the relevant borrowed securities were originally delivered. The borrower must return the securities not later than the expiryof such notice in accordance with the lender’s instructions.
Will the securities be returned on settlement?	Yes
If yes, detail any exceptions	No exceptions
Statement	If requested by the company to whom the prescribed form must be given, or if requested by ASIC, a copy of the agreement will begiven to that companyor ASIC.

Appendix: Prescribed information pursuant to securities lending transaction disclosed under the substantial shareholding notice filed with ASX.

Date:	13-Apr-2023
Company’s name:	LAKE RESOURCES NL
ISIN:	AU000000LKE1
Date of change of relevant interests:	11-Apr-2023
Schedule
Type of agreement	Overseas Securities Lender's Agreement("OSLA")
Parties to agreement	J.P. Morgan Securities Plc ("borrower") and Citibank N.A. acting as Agent ("lender")
Transfer date	Settlement Date: 03-May-2022 10-May-2022 16-Jan-2023
Holder of voting rights	Borrower
Are there any restriction on voting rights	Yes
If yes, detail	The borrower undertakes to use its best endeavours to arrange for the voting rights to be exercised in accordance with the instructions of the lender, provided that the lender uses its best endeavours to notify the borrower of its instructions in writing no later than 7 business days prior to the date upon which such votes are exercisable or as otherwise agreed between the parties. This undertaking is set out in clause 4(B)(vi)of the standard form OSLA.
Scheduled return date (if any)	None
Does the borrower have **the right to return early? **	Yes
If yes, detail	Borrower has right to return all and any equivalent securities early at any time in accordance with the lender’s instructions.
Does the lender have the right to recall early?	Yes
If yes, detail	Lender has right to recall all or any equivalent securities at any time by giving notice on any business day of not less than the standard settlement time for such equivalent securities on the exchange or in the clearing organisation through which the relevant borrowed securities were originally delivered. The borrower must return the securities not later than the expiry of such notice in accordance with the lender’s instructions.
Will the securities be returned on settlement?	Yes
If yes, detail any exceptions	No exceptions
Statement	If requested by the company to whom the prescribed form must be given, or if requested by ASIC, a copy of the agreement will be given to that company or ASIC.

Appendix: Prescribed information pursuant to securities lending transaction disclosed under the substantial shareholding notice filed with ASX.

**Date: **	13-Apr-2023
Company’s name:	LAKE RESOURCES NL
ISIN:	AU000000LKE1
Date of change of relevant interests:	11-Apr-2023
Schedule
Type of agreement	Global Master Securities Lending Agreement ("GMSLA")
Parties to agreement	HSBC Bank PLC (as agent for Henderson Gartmore Fund) ("lender"), J.P. Morgan Securities plc ("borrower")
Transfer date	Settlement date 20-Feb-2023
Holder of voting rights	Borrower
Are there any restriction on voting rights	Yes
If yes, detail	The borrower has no obligation to arrange for voting rights to be exercised in accordance with the instructions of the other party, unless otherwise agreed between the parties.
Scheduled return date (if any)	None
Does the borrower have the right to return early?	Yes
If yes, detail	Subject to the terms of the loan, borrower has right to at any time terminate a loan and redeliver all and any equivalent securities to the lender in accordance with the lender's instructions.
Does the lender have the right to recall early?	Yes
If yes, detail	Lender has right to terminate a loan and to call for the redelivery of all or any equivalent securities at any time by giving notice on any business day of not less than the standard settlement time for such equivalent securities on the exchange or in the clearingorganisation through which the loan securities were originallydelivered.

	Borrower shall redeliver such equivalent securities not later than the expiry of such notice in accordance with lender's instructions.
Will the securities be returned on settlement?	Yes
If yes, detail any exceptions	No exceptions
Statement	If requested by the company to whom the prescribed form must be given, or if requested by ASIC, a copy of the agreement will be given to that company or ASIC.

Appendix: Prescribed information pursuant to securities lending transaction disclosed under the substantial shareholding notice filed with ASX.

Date:	13-Apr-2023
Company’s name:	LAKE RESOURCES NL
ISIN:	AU000000LKE1
Date of change of relevant interests:	11-Apr-2023
Schedule
Type of agreement	Overseas Securities Lender’s Agreement (“OSLA”)
Parties to agreement	JPMorgan Chase Bank, N.A. (acting as agent) (“lender”) J.P. Morgan Securities plc (“borrower”)
Transfer date	Settlement date 25-Jan-2023 1-Feb-2023 1-Mar-2023
Holder of voting rights	Borrower
Are there any restriction on voting rights	Yes
If yes, detail	The borrower undertakes to use its best endeavors to arrange for the voting rights to be exercised in accordance with the instructions of the lender, provided that the lender uses its best endeavors to notify the borrower of its instructions in writing no later than 7 business days prior to the date upon which such votes are exercisable or as otherwise agreed between the parties. This undertaking is set out in clause 4(B)(vi) of the standard form OSLA.
Scheduled return date(if any)	None
Does the borrower have the right to **return early? **	Yes
If yes, detail	Borrower has right to return all and any equivalent securities early at any time in accordance with the lender’s instructions.
Does the lender have the right to **recall early? **	Yes
If yes, detail	Lender has right to recall all or any equivalent securities at any time by giving notice on any business day of not less than the standard settlement time for such equivalent securities on the exchange or in the clearing organisation through which the relevant borrowed securities were originally delivered (and where there is a difference between the settlement time for sales and purchases on the relevant exchange or clearing organisation, the standard settlement time shall be the shorter of the two times). The borrower must return the securities not later than the expiryof such notice in accordance with the lender’s instructions.
Will the securities be returned on settlement?	Yes
If yes, detail any exceptions	No exceptions
Statement	If requested by the company to whom the prescribed form must be given, or if requested by ASIC, a copy of the agreement will begiven to that companyor ASIC.

Appendix: Prescribed information pursuant to securities lending transaction disclosed under the substantial shareholding notice filed with ASX.

shareholding notice	filed with ASX.
Date:	13-Apr-2023
Company’s name:	LAKE RESOURCES NL
ISIN:	AU000000LKE1
Date of change of relevant interests:	11-Apr-2023
Schedule
Type of agreement	Master Overseas Securities Borrowing Agreement
Parties to agreement	J.P. Morgan Securities Plc ("borrower") and The Northern Trust Company as agent ("lender")
Transfer date	Settlement date 24-Feb-2023
Holder of voting rights	Borrower
Are there any restriction on voting rights	Yes
If yes, detail	The borrower undertakes to use its best endeavours to arrange for the voting rights to be exercised in accordance with the instructions of the lender, provided that the lender uses its best endeavours to notify the borrower of its instructions in writing no later than 7 business days prior to the date upon which such votes are exercisable or as otherwise agreed between the parties. This undertaking is in clause 4(B)(vi) of the agreement.
Scheduled return date (if any)	None
Does the borrower have the right to **return early? **	Yes
If yes, detail	Borrower has the right to terminate a loan and redeliver all and any equivalent securities due and outstandingto the lender in accordance with lender's instructions and lender shall accept such redelivery.
Does the lender have the right to recall early?	Yes
If yes, detail	Lender has right to recall all or any equivalent securities at any time by giving notice on any business day of not less than the standard settlement time for such equivalent securities on the exchange or in the clearing organisation through which the relevant borrowed securities were originally delivered. The borrower must return the securities not later than the expiry of such notice in accordance with the lender’s instructions.
Will the securities be returned on settlement?	Yes
If yes, detail any exceptions	No exceptions
Statement	If requested by the company to whom the prescribed form must be given, or if requested by ASIC, a copy of the agreement will begiven to that companyor ASIC.

Appendix: Prescribed information pursuant to securities lending transaction disclosed under the substantial shareholding notice filed with ASX.

Date:	13-Apr-2023
Company’s name:	LAKE RESOURCES NL
ISIN:	AU000000LKE1
Date of change of relevant interests:	11-Apr-2023
Schedule
Type of agreement	Australian Master Securities LendingAgreement("AMSLA")
Parties to agreement	Citibank N.A. as agent (“lender”), J.P. Morgan Securities Australia Limited (“borrower”)
Transfer date	Settlement Date 23-Jun-2022 22-Jul-2022 18-Jan-2023
Holder of voting rights	Borrower
Are there any restriction on voting rights	Yes
If yes, detail	The borrower undertakes to use its best endeavours to arrange for the voting rights to be exercised in accordance with the instructions of the lender, provided that the lender uses its best endeavours to notify the borrower of its instructions in writing no later than 7 business days prior to the date upon which such votes are exercisable or as otherwise agreed between the parties. This undertaking is set out in clause 4.3 of the standard form AMSLA
Scheduled return date (if any)	None
Does the borrower have **the right to return early? **	Yes
If yes, detail	Borrower has right to return all and any securities or equivalent securities early at any time in accordance with the lender’s instructions.
Does the lender have the right to recall early?	Yes
If yes, detail	Lender has right to recall all or any equivalent securities on any business day by giving such notice as agreed by the parties. The borrower must return the securities not later than the expiry of such notice in accordance with the lender’s instructions.
Will the securities be returned on settlement?	Yes
If yes, detail any exceptions	No exceptions
Statement	If requested by the company to whom the prescribed form must be given, or if requested by ASIC, a copy of the agreement will be given to that company or ASIC.

Appendix: Prescribed information pursuant to securities lending transaction disclosed under the substantial shareholding notice filed with ASX.

Date:	13-Apr-2023
Company’s name:	LAKE RESOURCES NL
ISIN:	AU000000LKE1
Date of change of relevant interests:	11-Apr-2023
Schedule
Type of agreement	Australian Master Securities Lending Agreement ("AMSLA")
Parties to agreement	JPMorgan Chase Bank, N.A. (acting as agent) ("lender"), J.P. Morgan Securities Australia Limited ('borrower')
Transfer date	Settlement Date 25-Jan-23 05-Apr-23
Holder of voting rights	Borrower
Are there any restriction on voting rights	Yes
If yes, detail	The borrower undertakes to use its best endeavours to arrange for the voting rights to be exercised in accordance with the instructions of the lender, provided that the lender uses its best endeavours to notify the borrower of its instructions in writing no later than 7 business days prior to the date upon which such votes are exercisable or as otherwise agreed between the parties. This undertaking is set out in clause 4.3 of the standard form AMSLA.
Scheduled return date(if any)	None
Does the borrower have the right to **return early? **	Yes
If yes, detail	Borrower has right to return all and any securities or equivalent securities early at any time in accordance with the lender’s instructions.
Does the lender have the right to **recall early? **	Yes
If yes, detail	Lender has right to recall all or any equivalent securities on any business day by giving such notice as agreed by the parties. The borrower must return the securities not later than the expiry of such notice in accordance with the lender’s instructions.
Will the securities be returned on settlement?	Yes
If yes, detail any exceptions	No exception
Statement	If requested by the company to whom the prescribed form must be given, or if requested by ASIC, a copy of the agreement will begiven to that companyor ASIC.

Appendix: Prescribed information pursuant to securities lending transaction disclosed under the substantial shareholding notice filed with ASX.

Date:	13-Apr-2023
Company’s name:	LAKE RESOURCES NL
ISIN:	AU000000LKE1
Date of change of relevant interests:	11-Apr-2023
Schedule
Type of agreement	Global Master Securities Lending Agreement ("GMSLA")
Parties to agreement	State Street Bank and Trust Company ("lender") and J.P. Morgan Securities Australia Limited ("borrower")
Transfer date	Settlement Date: 10-Mar-2023
Holder of voting rights	Borrower
Are there any restriction on voting rights	Yes
If yes, detail	The borrower shall have no obligation to arrange for voting rights to be exercised in accordance with the instructions of the other party, unless otherwise agreed between the parties.
Scheduled return date (if any)	None
Does the borrower have the right to return early?	Yes
If yes, detail	Borrower has the right to terminate a loan and redeliver all and any equivalent securities due and outstanding to the lender in accordance with lender's instructions and lender shall accept such redelivery.
Does the lender have the **right to recall early? **	Yes
If yes, detail	Lender has right to recall all or any equivalent securities on any business day by giving such notice as agreed by the parties. The borrower must return the securities not later than the expiry of such notice in accordance with the lender’s instructions.
Will the securities be returned on settlement?	Yes
If yes, detail any exceptions	No exceptions
Statement	If requested by the company to whom the prescribed form must be given, or if requested by ASIC, a copy of the agreement will be given to that company or ASIC.