LAKE RESOURCES N.L. — Share Issue/Capital Change 2025

Oct 23, 2025

Appendix 2A - Application for quotation of securities

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Announcement Summary

Entity name

LAKE RESOURCES N.L.

Announcement Type

New announcement

Date of this announcement

Friday October 24, 2025

The +securities to be quoted are: Other

Please refer to the response to Q2.3d for further information about the type of securities to be quoted and the circumstances of the issue.

Securities issued as part of a transactions/transactions previously announced to the market in an Appendix 3B date 10 October 2025 and amended on 17 October 2025

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
LKEO	OPTION EXPIRING 14-OCT-2028 DEFERRED	226,065,749	24/10/2025

Refer to next page for full details of the announcement

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Appendix 2A - Application for quotation of securities

Part 1 - Entity and announcement details

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1.1 Name of entity

LAKE RESOURCES N.L.

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

1.2 Registered number type

ACN

Registration number

079471980

1.3 ASX issuer code

LKE

1.4 The announcement is

New announcement

1.5 Date of this announcement

24/10/2025

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Appendix 2A - Application for quotation of securities

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Part 2 - Type of Issue

2.1 The +securities to be quoted are:

Other

Please refer to the response to Q2.3d for further information about the type of securities to be quoted and the circumstances of the issue.

2.2 The +class of +securities to be quoted is:

Additional +securities in a class that is already quoted on ASX ("existing class")

2.3c Have these +securities been offered under a +disclosure document or +PDS?

Yes

2.3c.1 Date of +disclosure document or +PDS?

16/10/2025

• 2.3d Please provide any further information needed to understand the circumstances in which you are applying to have these +securities quoted on ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

Securities issued as part of a transactions/transactions previously announced to the market in an Appendix 3B date 10 October 2025 and amended on 17 October 2025

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Appendix 2A - Application for quotation of securities

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Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an Appendix 3B

Additional +securities to be quoted in an existing class ASX +security code and description

LKEO : OPTION EXPIRING 14-OCT-2028 DEFERRED

Issue date

24/10/2025 Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class? Yes Issue details

Number of +securities to be quoted 226,065,749 Are the +securities being issued for a cash consideration? No Please describe the consideration being provided for the +securities Nil Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted 0.000000 Any other information the entity wishes to provide about the +securities to be quoted

The purpose(s) for which the entity is issuing the securities

To raise additional working capital

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Appendix 2A - Application for quotation of securities

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Part 4 - Issued capital following quotation

Following the quotation of the +securities the subject of this application, the issued capital of the entity will comprise:

The figures in parts 4.1 and 4.2 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.

4.1 Quoted +securities (total number of each +class of +securities quoted on ASX following the +quotation of the +securities subject of this application)

4.1 Quoted +securities (total number of each +class of +securities quoted+securities subject of this application)	on ASX following the +quotation of the
	Total number of
ASX +security code and description	+securities on issue
LKE : ORDINARY FULLY PAID	2,267,885,936
LKEO : OPTION EXPIRING 14-OCT-2028 DEFERRED	452,854,343

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

	Total number of
ASX +security code and description	+securities on issue
LKEAF : PERFORMANCE STOCK UNITS	51,955,731
LKEAT : RESTRICTED STOCK UNIT	55,553,956
LKEAA : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	5,824,471
LKEAS : OPTION EXPIRING 22-DEC-2025 EX $1.17	6,106,189
LKEAR : PERFORMANCE RIGHTS	1,703,500

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Appendix 2A - Application for quotation of securities

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Part 5 - Other Listing Rule requirements

5.1 Are the +securities being issued under an exception in Listing Rule 7.2 and therefore the issue does not need any security holder approval under Listing Rule 7.1? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

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