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

Oct 14, 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

Wednesday October 15, 2025

The +securities to be quoted are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
LKE	ORDINARY FULLY PAID	68,154,947	14/10/2025
LKEO	OPTION EXPIRING 24-OCT-2028 DEFERRED	196,666,000	14/10/2025

Refer to next page for full details of the announcement

Appendix 2A - Application for quotation of securities

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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

15/10/2025

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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:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B

Previous Appendix 3B details:

Announcement Date and Announcement Title Selected Appendix 3B to submit quotation Time request 05-Sep-2025 16:26 Update - Update - Proposed issue of A placement or other type of issue securities - LKE

2.3a.2 Are there any further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B? No

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Appendix 2A - Application for quotation of securities

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Part 3A - number and type of +securities to be quoted where issue has previously been notified to ASX in an Appendix 3B

Placement Details

ASX +security code and description

LKE : ORDINARY FULLY PAID

Issue date

14/10/2025

Distribution Schedule

Provide a distribution schedule for the new +securities according to the categories set out in the left hand column - including the number of recipients and the total percentage of the new +securities held by the recipients in each category.

category.
		Total percentage of +securities held
Number of +securities held	Number of holders	For example, to enter a value of 50%
		please input as 50.00
1 - 1,000		%
1,001 - 5,000		%
5,001 - 10,000		%
10,001 - 100,000		%
100,001 and over		%

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Appendix 2A - Application for quotation of securities

Issue details

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Number of +securities to be quoted 68,154,947 Are the +securities being issued for a cash consideration? Yes In what currency is the cash consideration being paid? What is the issue price per +security? AUD - Australian Dollar AUD 0.03600000 Any other information the entity wishes to provide about the +securities to be quoted

ASX +security code and description

LKEO : OPTION EXPIRING 24-OCT-2028 DEFERRED

Issue date

14/10/2025

Distribution Schedule

Provide a distribution schedule for the new +securities according to the categories set out in the left hand column - including the number of recipients and the total percentage of the new +securities held by the recipients in each category.

category.
		Total percentage of +securities held
Number of +securities held	Number of holders	For example, to enter a value of 50%
		please input as 50.00
1 - 1,000		%
1,001 - 5,000		%
5,001 - 10,000		%
10,001 - 100,000	12	0.27 %
100,001 and over	82	99.73 %

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Appendix 2A - Application for quotation of securities

Issue details

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Number of +securities to be quoted 196,666,000 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

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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	2,226,885,936
LKEO : OPTION EXPIRING 24-OCT-2028 DEFERRED	423,454,594

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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