LIVIUM LTD — Share Issue/Capital Change 2021

Nov 1, 2021

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

==> picture [21 x 22] intentionally omitted <==

Announcement Summary

Entity name

LITHIUM AUSTRALIA NL

Date of this announcement

Tuesday November 02, 2021

The +securities the subject of this notification are:

+Securities issued under an +employee incentive scheme that are subject to a restriction on transfer and are not being quoted on ASX until the restriction ends

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	Resolution 7 Performance rights	3,750,000	02/11/2021
to be confirmed
New class - code	Resolution 8 Performance rights	3,000,000	02/11/2021
to be confirmed

Refer to next page for full details of the announcement

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

1 / 8

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

==> picture [21 x 22] intentionally omitted <==

Part 1 - Entity and announcement details

1.1 Name of entity

LITHIUM AUSTRALIA NL

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

1.2 Registered number type

ACN

Registration number

126129413

1.3 ASX issuer code

LIT

1.4 The announcement is

==> picture [8 x 8] intentionally omitted <==

New announcement

1.5 Date of this announcement

2/11/2021

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

2 / 8

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

==> picture [21 x 22] intentionally omitted <==

Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+Securities issued under an +employee incentive scheme that are subject to a restriction on transfer and are not being quoted on ASX until the restriction ends

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

==> picture [8 x 8] intentionally omitted <==

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

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

3 / 8

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

==> picture [21 x 22] intentionally omitted <==

Part 3C - number and type of +securities the subject of this notification (new class) where issue has not previously been notified to ASX in an Appendix 3B

New +securities issued under an +employee incentive scheme

ASX +security code +Security description New class - code to be confirmed Resolution 7 Performance rights +Security type ISIN code Other AU000000LIT3

Date the +securities the subject of this notification were issued

2/11/2021

Will all the +securities issued in this class rank equally in all respects from their issue date? Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? Yes

Provide details of the KMP or +associates being issued +securities.

Name of KMP Name of registered holder Number of +securities Kristie Young Kristie Young 3,750,000

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. https://lithium-au.com/wp-content/uploads/2021/09/0282022-LIT-NoM-September-2021.pdf

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms https://lithium-au.com/wp-content/uploads/2021/09/0282022-LIT-NoM-September-2021.pdf

Any other information the entity wishes to provide about the +securities the subject of this notification

3,750,000 performance rights issued to Kristie Young pursuant to shareholder approval gained at the general meeting held on 11 October 2021 (resolutions 5 and 7)

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

4 / 8

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

==> picture [21 x 22] intentionally omitted <==

Issue details

Number of +securities

3,750,000

New +securities issued under an +employee incentive scheme

ASX +security code New class - code to be confirmed	+Security description Resolution 8 Performance rights
+Security type	ISIN code
Other	AU000000LIT3

Date the +securities the subject of this notification were issued

2/11/2021

Will all the +securities issued in this class rank equally in all respects from their issue date? Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? Yes

Provide details of the KMP or +associates being issued +securities.

Name of KMP	Name of registered holder	Number of +securities
Phil Thick	Phil THick	3,000,000

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. https://lithium-au.com/wp-content/uploads/2021/09/0282022-LIT-NoM-September-2021.pdf

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms https://lithium-au.com/wp-content/uploads/2021/09/0282022-LIT-NoM-September-2021.pdf

Any other information the entity wishes to provide about the +securities the subject of this notification

3,000,000 performance rights issued to Phil Thick pursuant to shareholder approval gained at the general meeting held on 11 October 2021 (resolutions 5 and 8)

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

5 / 8

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Issue details

==> picture [21 x 22] intentionally omitted <==

Number of +securities

3,000,000

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

6 / 8

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

==> picture [21 x 22] intentionally omitted <==

Part 4 - +Securities on issue

Following the issue, conversion or payment up of the +securities the subject of this application, the +securities of the entity will comprise:

(A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.)

4.1 Quoted +Securities (Total number of each +class of +securities quoted)

	Total number of
ASX +security code and description	+securities on issue
LIT : ORDINARY FULLY PAID	1,000,065,864
LITCF : ORDINARY PARTLY PAID TO 1.01C, 4.99C UNPAID	90,069,404

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
LITAD : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	3,333,333
LITAX : PERFORMANCE RIGHTS	7,500,000
New class - code to be confirmed : Resolution 7 Performance rights	3,750,000
New class - code to be confirmed : Resolution 8 Performance rights	3,000,000

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

7 / 8

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

==> picture [21 x 22] intentionally omitted <==

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

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

8 / 8