LOTUS RESOURCES LIMITED — Director's Dealing 2025

Nov 20, 2025

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of 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 30/09/01 Amended 01/01/11

Name of entity	Lotus Resources Limited
ABN	38 119 992 175

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

0BName of Director	Gregory Bittar
Date of last notice	2 April 2025

Part 1 - Change of director’s relevant interests in securities

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.

Direct or indirect interest	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Holder 1 Gernie Invts Pty Ltd as trustee for the Gernie Invts Trust Nature of Interest Director of registered holder and beneficiary of the trust. Holder 2 GJR Bittar Pty Limited ATF Bittar Family Trust Nature of Interest Director of registered holder and beneficiary of the trust.
Date of change	20 November 2025

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	Direct 1,000,000 unlisted options exercisable at $0.30, vested 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 Indirect GJR Bittar Pty Limited ATF Bittar Family Trust. 270,000 fully paid ordinary shares Gernie Invts Pty Ltd 250,000 fully paid ordinary shares
Class	Unlisted options Ordinaryfully paid shares
Number acquired	Indirect - Gernie Invts Pty Ltd 2,551,840 unlisted options 394,736 ordinaryfully paid shares
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil for the unlisted options $74,999.84 ($0.19 per share) in cash for the ordinary fully paid shares

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change

Direct 1,000,000 unlisted options exercisable at $0.30, vested 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 Indirect GJR Bittar Pty Limited ATF Bittar Family Trust. 270,000 fully paid ordinary shares Gernie Invts Pty Ltd 934,192 unlisted options with nil exercise price, vesting 30 June 2025, expiring 30 June 2027 1,617,648 unlisted options with nil exercise price, vesting 30 June 2027, expiring 30 June 2029 644,736 fully paid ordinary shares

Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back

Issue of unlisted options under the Employee Incentive Plan (Refer to Notice of Meeting on 17 October 2025). Participation in the September 2025 Placement (Refer to ASX Announcement on 4 September 2025).

Part 2 – Change of 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
Date of change	N/A

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

art 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 4

01/01/2011