LITHIUM ENERGY LIMITED — Director's Dealing 2021

May 18, 2021

Appendix 3X Initial Director’s Interest Notice

Lithium Energy Limited ABN 94 647 135 108 (ASX:LEL)

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	LITHIUM ENERGY LIMITED(ASX:LEL)
ABN	94 647 135 108

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	PETER SMITH
Date of appointment	18 March 2021

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

• 450,000 fully paid ordinary shares

(escrowed for 24 months from date of the Company’s quotation on ASX)

• 1,450,000 Executive Options ($0.30, 18 March 2024)[1]

  • (escrowed for 24 months from date of the Company’s quotation on ASX)

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 interestNone	Number & class of Securities

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.

thispart.
Detail of contract	Not Applicable
Nature of interest	Not Applicable
Name of registered holder(if issued securities)	Not Applicable
No. and class of securities to which interest relates	Not Applicable

AUTHORISED FOR RELEASE ON ASX BY PETER SMITH, DIRECTOR

1 Refer Section 16.3 (Rights Attaching to Executive Options) of the Company’s Prospectus (dated 30 March 2021) for terms and conditions of the Executive Options

• See chapter 19 for defined terms.

20210519 LEL ASX Appendix 3X Initial Director's Interest Notice - Peter Smith.docx

11/3/2002

Appendix 3X Page 1