LEFROY EXPLORATION LIMITED — Share Issue/Capital Change 2025

Jun 11, 2025

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Announcement Summary

Entity name

LEFROY EXPLORATION LIMITED

Date of this announcement

Thursday June 12, 2025

The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
New class - code	Performance rights expiring 31/12/2026	3,404,069	11/06/2025
to be confirmed

Refer to next page for full details of the announcement

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 1 - Entity and announcement details

1.1 Name of entity

LEFROY EXPLORATION LIMITED

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type Registration number ARBN 052123930

1.3 ASX issuer code

LEX

1.4 The announcement is

New announcement

1.5 Date of this announcement

12/6/2025

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

does not have an existing ASX security code ("new class")

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 3C - number and type of +securities the subject of this notification (new class)

	ASX +security codeNew class - code to be confirmed+Security descriptionPerformance rights expiring 31/12/2026+Security typeOtherISIN codeDate the +securities the subject of this notification were issued11/6/2025Will all the +securities issued in this class rank equally in all respects from their issue date?Yes	ASX +security codeNew class - code to be confirmed+Security descriptionPerformance rights expiring 31/12/2026+Security typeOtherISIN codeDate the +securities the subject of this notification were issued11/6/2025Will all the +securities issued in this class rank equally in all respects from their issue date?Yes	ASX +security codeNew class - code to be confirmed+Security descriptionPerformance rights expiring 31/12/2026+Security typeOtherISIN codeDate the +securities the subject of this notification were issued11/6/2025Will all the +securities issued in this class rank equally in all respects from their issue date?Yes	ASX +security codeNew class - code to be confirmed+Security descriptionPerformance rights expiring 31/12/2026+Security typeOtherISIN codeDate the +securities the subject of this notification were issued11/6/2025Will all the +securities issued in this class rank equally in all respects from their issue date?Yes	ASX +security codeNew class - code to be confirmed+Security descriptionPerformance rights expiring 31/12/2026+Security typeOtherISIN codeDate the +securities the subject of this notification were issued11/6/2025Will all the +securities issued in this class rank equally in all respects from their issue date?Yes	ASX +security codeNew class - code to be confirmed+Security descriptionPerformance rights expiring 31/12/2026+Security typeOtherISIN codeDate the +securities the subject of this notification were issued11/6/2025Will all the +securities issued in this class rank equally in all respects from their issue date?Yes	ASX +security codeNew class - code to be confirmed+Security descriptionPerformance rights expiring 31/12/2026+Security typeOtherISIN codeDate the +securities the subject of this notification were issued11/6/2025Will all the +securities issued in this class rank equally in all respects from their issue date?Yes	ASX +security codeNew class - code to be confirmed+Security descriptionPerformance rights expiring 31/12/2026+Security typeOtherISIN codeDate the +securities the subject of this notification were issued11/6/2025Will all the +securities issued in this class rank equally in all respects from their issue date?Yes	ASX +security codeNew class - code to be confirmed+Security descriptionPerformance rights expiring 31/12/2026+Security typeOtherISIN codeDate the +securities the subject of this notification were issued11/6/2025Will all the +securities issued in this class rank equally in all respects from their issue date?Yes	ASX +security codeNew class - code to be confirmed+Security descriptionPerformance rights expiring 31/12/2026+Security typeOtherISIN codeDate the +securities the subject of this notification were issued11/6/2025Will all the +securities issued in this class rank equally in all respects from their issue date?Yes	ASX +security codeNew class - code to be confirmed+Security descriptionPerformance rights expiring 31/12/2026+Security typeOtherISIN codeDate the +securities the subject of this notification were issued11/6/2025Will all the +securities issued in this class rank equally in all respects from their issue date?Yes	ASX +security codeNew class - code to be confirmed+Security descriptionPerformance rights expiring 31/12/2026+Security typeOtherISIN codeDate the +securities the subject of this notification were issued11/6/2025Will all the +securities issued in this class rank equally in all respects from their issue date?Yes	ASX +security codeNew class - code to be confirmed+Security descriptionPerformance rights expiring 31/12/2026+Security typeOtherISIN codeDate the +securities the subject of this notification were issued11/6/2025Will all the +securities issued in this class rank equally in all respects from their issue date?Yes	ASX +security codeNew class - code to be confirmed+Security descriptionPerformance rights expiring 31/12/2026+Security typeOtherISIN codeDate the +securities the subject of this notification were issued11/6/2025Will all the +securities issued in this class rank equally in all respects from their issue date?Yes
	WereProviNamGraeYes		any of the +securities isde details of the KMP ore of KMP		sued to +key mana			ement perso	nnel (KMP) or an +assoc		iate?
								ssued +securegistered hol	ities.derNumber1,598,837
				KMP or	+associatesNaJus		being ime of r			Number,598,837	of +securities
		Grae	me Gribbin			Jus	tine An	ne Gribbin
	PleasissueRefe		e provide a URLd.	link for	a document l		odged	with ASX sett	ing out the mat	erial term	s of the +sec	urities b	eing
		Refe	r Resolution 4 -h	ttps://ann	ouncements.a		sx.com	.au/asxpdf/20	241011/pdf/0690	srtnp826	4z.pdf
	Pleasor a s		e provide a URLummary of the t	link forerms	a document l		odged	with ASX det	ailing the terms	of the +	employee ince	ntive sc	heme
	RefeAny oIssue	Refe	r Resolution 4 -h	ttps://ann	ouncements.a		sx.com	.au/asxpdf/20	241011/pdf/0690	srtnp826	4z.pdf
			ther informatio	n the ent	ity wishes to		provid	e about the +s	ecurities the su	bject of	this notificati	on
		Issue	of performance	rights to	staff pursuant t		o the t	erms and cond	itions of the Ince	ntive Aw	ards Plan appr	oved by
	shareholders at the AGM held on 14 November 2024.Issue details	shareholders at the AGM held on 14 November 2024.
	Number of +securities3,404,069

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 4 - +Securities on issue

Following the issue, conversion or payment up of the +securities the subject of this notification, the +securities 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 issued and quoted on ASX)

	Total number of
ASX +security code and description	+securities on issue
LEX : ORDINARY FULLY PAID	248,420,138
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
LEXAF : OPTION EXPIRING 30-NOV-2027 EX $0.30	5,700,000
LEXAE : OPTION EXPIRING 20-JAN-2026 EX $0.45	5,600,000
New class - code to be confirmed : Performance rights expiring 31/12/2026	3,404,069

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

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 5 - Other Listing Rule requirements

5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did 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

13

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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