RAREX LIMITED — Director's Dealing 2024

Jul 16, 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	Rarex Limited
ABN	65 105 578 756

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	James Durrant
Date of appointment	15 July 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

Nil

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

Part 2 – Director’s relevant interests i	Part 2 – Director’s relevant interests i	n securities of wh	ich the director i	s not the
registered holder
In the case of a trust, this includes interests in the trName of holder & nature of		ust made available by t	e responsible entity of	the trust
	Name of holder & nature of	Number & class	of Securities
	interestNote: Provide details of the circumstances giving riseto the relevant interest.
	Ms Toni Louise Gianatti – spouse ofMr Durrant	•3,181,749 o•394,444 quoper option a	rdinary sharested options exercnd expiring 26 Ma	isable at $0.0675y 2025
		•2,000,000 performance rights vesting ongranting of mining licence at Cummins Rangeand 24 months service expiring 10 February
		2026
		•2,000,000	performance rig	hts vesting on
		positive PFmonths serv	S for Cumminsice expiring10Fe	Range and 24bruary2026

• See chapter 19 for defined terms.

11/3/2002

Appendix 3X Page 1

Appendix 3X Initial Director’s Interest Notice

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
Name of registered holder(if issued securities)
No. and class of securities to whichinterest relates

• See chapter 19 for defined terms.

Appendix 3X Page 2

11/3/2002