LOTUS RESOURCES LIMITED — Director's Dealing 2024

Dec 12, 2024

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 Lotus Resources Limited ABN 38 119 992 175

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	Gregory Bittar
Date of appointment	12 December 2024

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

• 1,000,000 unlisted options exercisable at $0.30, vesting 31 December 2024, expiring 20 May 2027

• 1,000,000 unlisted options exercisable at $0.30, vesting 30 June 2025, expiring 20 May 2027

• 3,000,000 unlisted options, nil exercise price, vesting 9 August 2025 (subject to share price being $0.35 or above for 5 consecutive days during a 12 month period), expiring 8 August 2027

• 3,000,000 unlisted options, nil exercise price, vesting 9 August 2026 (subject to share price being $0.45 or above for 5 consecutive days during a 12 month period), expiring 8 August 2027

• See chapter 19 for defined terms.

11/3/2002

Appendix 3X Page 1

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 ofinterestNote: Provide details of the circumstances giving riseto the relevant interest.GJR Bittar Pty Limited ATF BittarFamily Trust. Director of holder andbeneficial interest in trust	Number & class of Securities270,000 fully paid ordinary shares

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