LEFROY EXPLORATION LIMITED — Director's Dealing 2022

Aug 10, 2022

ASX RELEASE – 11 AUGUST 2022

APPENDIX 3X

Lefroy Exploration Limited ( ASX: LEX ) ( “Lefroy” or “the Company” ) attaches an Appendix 3X ‘Initial Director’s Interest Notice’ for Ms Tara French who was appointed as a Non-executive Director of the Company on 1 July 2022.

Having regard to ASX Listing Rules 3.19A and 3.19B and Guidance Note 22: "Director Disclosure of Interests and Transactions in Securities - Obligations of Listed Entities", the Company makes the following submissions in relation to the late lodgement of this Appendix 3X ‘Initial Director’s Interest Notice’ for Ms. Tara French:

1. The Appendix 3X ‘Initial Director’s Interest Notice’ for Ms. French was prepared at the time of Ms. French’s appointment but was not lodged due to an administrative oversight. Upon being identified by the Company, the notice has been immediately lodged. The Company confirms that it is aware of and understands its obligations under the Corporations Act 2001 (Cth) and the ASX Listing Rules, in particular the obligations under ASX Listing Rules 3.19A and 3.19B.

2. The Company and its directors are aware of their obligations under ASX Listing Rule 3.19A. Each director is made aware of this obligation pursuant to their terms of appointment, which includes a requirement that a director disclose to the Company all information required by the Company to give ASX completed Appendices 3X, 3Y and 3Z within the time period allowed by Listing Rule 3.19.A.

3. The Company’s existing arrangements are considered adequate and the late lodgement of this particular Appendix 3X notice was an isolated incident. The Company is mindful of its disclosure obligations under ASX Listing Rule 3.19A.1.

This announcement has been authorised for release by the Company Secretary.

END

For Further Information please contact: Wade Johnson Managing Director Telephone: +61 8 9321 0984

Email: wjohnson@lefroyex.com

E: info@lefroyex.com T: +61 8 9321 0984 ARBN: 052 123 930

Australian Registered Office Level 3, 7 Rheola Street, West Perth, 6005

ASX Code: LEX Shares on Issue: 146M Market Capitalisation: $42M

www.lefroyex.com

Appendix 3X Initial Director’s Interest Notice

Rule 3.19A.1

Appendix 3X

Initial 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 become ASX’s property and may be made public.

Introduced 30/9/2001.

Name of entity	Lefroy Exploration Limited
ABN	052 123 930

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Tara French
Date of appointment	1 July 2022

Part 1 - Director’s relevant interests in securities of which the director is the registered holder

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.

Number & class of securities

Nil

• See chapter 19 for defined terms.

Appendix 3X Page 1

11/3/2002

Appendix 3X Initial Director’s Interest Notice

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interestNote: Provide details of the circumstances givingrise to the relevant interest.	Number & class of SecuritiesNil

Part 3 – Director’s 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
No. and class of securities to whichinterest relates	N/A

• See chapter 19 for defined terms.

Appendix 3X Page 2

11/3/2002