NOVONIX Ltd — Major Shareholding Notification 2025

Oct 19, 2025

604 Page 1 of 2 15 July 2001

Form 604

Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme Novonix Limited ACN/ARSN 157 690 830

1. Details of substantial holder (1)

Name

The Bank of New York Mellon Corporation (BNYMC) and each Group Entity listed in Annexure A (Group Entity),(together BNYMC Group)

ACN/ARSN (if applicable)

There was a change in the interests of the substantial holder on 16 / October / 2025 The previous notice was given to the company on 16 / October / 2025 The previous notice was dated 15 / October / 2025

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities (4)	Previous notice		Present notice
	Person’s votes	Voting power(5)	Person’s votes	Voting power(5)
Ordinary shares	100,361,193	11.95%	114,626,077*	13.65%*
			*See Note 1in AnnexureC

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date ofchange	Person whoserelevant interestchanged	Nature of change (6)	Consideration given inrelation to change (7)	Class and numberof securitiesaffected	Person's votesaffected
SeeAnnexureB

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder ofrelevantinterest	Registered holderof securities	Person entitled to beregistered as holder(8)	Nature of relevantinterest (6)	Class and numberof securities	Person's votes
SeeAnnexureC

604 Page 2 of 2 15 July 2001

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable)	Nature of association
BNYMC and each GroupEntity	Each Group Entity is an associate of BNYMC pursuant tosection 12(2)(a) of the Corporations Act 2001 (Cth) as eachentity is directly or indirectly owned and controlled byBNYMC.

6. Addresses

The addresses of persons named in this form are as follows:

Name	Address
The Bank of New YorkMellon Corporation	240 Greenwich Street, New York, NY 10286 USA
Each Group Entity	240 Greenwich Street, New York, NY 10286 USA

Signature

print namesign here	Kevin LockhartcapacityAttorney-In-Fact
	date17/October/2025

Annexure A

This is Annexure A of 1 page referred to in Form 604 Notice of Change of Interests of Substantial Holder given by The Bank of New York Mellon Corporation and its related bodies corporate

The Bank of New York Mellon Corporation is the ultimate parent company of a corporate group comprised of a large number of operating and holding companies. Details of the entities directly owned and controlled by The Bank of New York Mellon Corporation are listed below.

• The Bank of New York Mellon

• Pershing Group LLC

• Pershing LLC

==> picture [450 x 45] intentionally omitted <==

----- Start of picture text ----- print name Kevin Lockhart capacity______ Attorney-In-Factsign here date 17/October/2025_____________----- End of picture text -----

Annexure B

This is Annexure B of 1 page referred to in Form 604 Notice of Change of Interests of Substantial Holder given by The Bank of New York Mellon Corporation and its related bodies corporate

Changes in relevant interest

Date of change	Person whose relevant interestchanged	Nature of Change	Consideration given inrelation to change	Class and number of securities affected(Ordinary Shares)	Person's votesaffected
16-Oct-2025	The Bank of New York Mellon	Deposit of Securities	N/A	14,264,884	14,264,884

Print Name - Kevin Lockhart

Capacity - Attorney - In - Fact

Sign Here Date - 17 October 2025

Annexure C

This is Annexure C of 2 pages referred to in Form 604 Notice of Change of Interests of Substantial Holder given by The Bank of New York Mellon Corporation and its related bodies corporate

Holder of relevant interest	Holder of relevant interest
	f relevant interest	Nature of relevant interest			Class and number of securities
The Bank of New YorkMellon (BNYM)	of New York	Remote Interest Held Under Deposit Agreement			114,626,072ordinary shares
	NYM)	Relevant interest under section 608(1)(c) of the
		Corporations Act 2001 (Cth) arising from BNYMhaving the limited power to dispose of, or control theexercise of a power to dispose of, securitiesdeposited with or held by BNYM (or its custodian oragent) in its capacity as depositary administering an
		ADR program forNovonix LDeposit Agreement datedJathe Company, holders of Am	d(Company) under thenuary 31, 2022betweenerican depositary
		receipts (ADRs) and BNYM (copy of which is attached as[*See Note 1 below].	Deposit Agreement), aAnnexure D.
BNYMC Group (other thanBNYM)		Relevant interest under section 608(3)(a) and/orsection 608(3)(b) of the Corporations Act 2001 (Cth)being a relevant interest held through a bodycorporate (namely BNYM) in which the voting powerof each other entity in the BNYMC Group is above20%, or that each other entity in the BNYMC Group			114,626,072ordinary shares
		controls.[*See Note 1 and Note 2 below]
Pershing	LLC	Relevant interest under sections 608(1) ofCorporations Act 2001 (Cth) arising from PLLC being the registered owner of the sec		theershingurities.	5ordinary shares
BNYMC GPershing	roup (other than	Relevant interest under section 608(3)(a) a		nd/or	5ordinary shares
	LLC)	section 608(3)(b) of the Corporations Act 2being a relevant interest held through a bocorporate (namely Pershing LLC) in which		001 (Cth)dythe voting
		power of each other entity in the BNYMC Gabove 20%, or that each other entity in the		roup isBNYMC
		Group controls.[*See Note 2 below]

NOTES :

• Note 1 : Of the total of 114,626,077 securities in which the BNYMC Group has a relevant interest, BNYM has a relevant interest in 114,626,072 securities as depositary for Novonix Limited ADR program administered under the Deposit Agreement. BNYM's relevant interest in these securities arises as a result of the Deposit Agreement containing rights for BNYM to dispose of securities held under the ADR program in limited circumstances. Under the Deposit Agreement, ADR holders retain their rights to dispose of those securities and to give voting instructions for the exercise of voting rights attached to the securities. BNYMC Group's power to vote or dispose of these securities is qualified accordingly.

• • Note 2 : Each Group Entity is a direct or indirect wholly owned subsidiary of BNYMC, the ultimate parent company. Other than BNYM in respect of 114,626,072 securities (of which BNYM's power to only dispose of 114,626,072 securities is limited – see Note 1) and Pershing LLC in respect of 5 securities, none of the BNYMC Group entities are entitled to be registered as holder of the securities and their power to vote or dispose of the securities is qualified accordingly.

print name Kevin Lockhart capacity_ Attorney-In-Fact sign here date 17/October/2025__