RAREX LIMITED — Director's Dealing 2024

Feb 4, 2024

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	RareX Limited
ABN	65 105 578 756

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.

Name of Director	Jeremy Robinson
Date of last notice	11 August 2023

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	Direct Interest
	Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving risetotherelevant interest.
	**Date of change **	4 February2024
	**No. of securities heldprior to change **
	Direct Interest	• 21,696,149 ordinary shares • 5,000,000 performance rights vesting on 20-Day VWAP of the Company’s Shares exceeding $0.20 and 12 months service from 26 May 2021 • 5,000,000 performance rights vesting on 20-Day VWAP of the Company’s Shares exceeding $0.25 and 18 months service from 26 May 2021 • 5,000,000 performance rights vesting on 20-Day VWAP of the Company’s Shares exceeding $0.30 and 24 months service from 26 May2021
	Mr Kim Robinson + Mrs Jennifer Robinson ATF Kim Robinson Super Fund A/C. Mr Robinson is a beneficiary.	• 925,000 ordinary shares
	Churchill Strategic Investments Group Pty Ltd.Mr Robinson is sole director and a shareholder.	• 6,666,667 ordinary shares • 3,333,334 quoted options exercisable at $0.0675 per option and expiring26 May2025

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

	Class	Performance rights
	Number acquired	Nil
	Number disposed	• 5,000,000 performance rights vesting on 20-Day VWAP of the Company’s Shares exceeding $0.20 and 12 months service from 26 May 2021 • 5,000,000 performance rights vesting on 20-Day VWAP of the Company’s Shares exceeding $0.25 and 18 months service from 26 May 2021 • 5,000,000 performance rights vesting on 20-Day VWAP of the Company’s Shares exceeding $0.30 and 24 months service from 26 May2021
	Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil
	**No. of securities held after change **
	Direct Interest	• 21,696,149 ordinaryshares
	Mr Kim Robinson + Mrs Jennifer Robinson ATF Kim Robinson Super Fund A/C. Mr Robinson is a beneficiary.	• 925,000 ordinary shares
	Churchill Strategic Investments Group Pty Ltd.Mr Robinson is sole director and a shareholder.	• 6,666,667 ordinary shares • 3,333,334 quoted options exercisable at $0.0675 per option and expiring26 May2025
	Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back	Lapse of performance rights unvested

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	Not applicable
Nature of interest
Name of registered holder (if issued securities)
Date of change
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
Interest acquired

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

Part 3 –[+] Closed period

Part 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?	Not applicable
If prior written clearance was provided, on what date was this provided?	Not applicable

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

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	RareX Limited
ABN	65 105 578 756

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.

Name of Director	Cameron Henry
Date of last notice	11 August 2023

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 Interest
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise totherelevant interest.	Meesha Investments Pty Ltd as trustee for the Henry Family Trust. Mr Henry is a director and beneficiary.
**Date of change **	4 February2024
**No. of securities heldprior to change **
Meesha Investments Pty Ltd as trustee for the Henry Family Trust. Mr Henry is a director and beneficiary.	• 3,779,222 ordinary shares • 1,500,000 performance rights vesting on 20-Day VWAP of the Company’s Shares exceeding $0.20 and 12 months service from 26 May 2021 • 1,500,000 performance rights vesting on 20-Day VWAP of the Company’s Shares exceeding $0.25 and 18 months service from 26 May 2021 • 1,500,000 performance rights vesting on 20-Day VWAP of the Company’s Shares exceeding $0.30 and 24 months service from 26 May2021
Churchill Strategic Investments Group Pty Ltd. Mr Henry is a shareholder	• 6,666,667 ordinary shares • 3,333,334 quoted options exercisable at $0.0675 per option and expiring26 May2025
Class	Performance rights
Number acquired	Nil
Number disposed	• 1,500,000 performance rights vesting on 20-Day VWAP of the Company’s Shares exceeding $0.20 and 12 months service from 26 May2021

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

	• 1,500,000 performance rights vesting on 20-Day VWAP of the Company’s Shares exceeding $0.25 and 18 months service from 26 May 2021 • 1,500,000 performance rights vesting on 20-Day VWAP of the Company’s Shares exceeding $0.30 and 24 months service from 26 May2021
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil
**No. of securities held after change **
Meesha Investments Pty Ltd as trustee for the Henry Family Trust. Mr Henry is a director and beneficiary.	• 3,779,222 ordinary shares
Churchill Strategic Investments Group Pty Ltd. Mr Henry is a shareholder	• 6,666,667 ordinary shares • 3,333,334 quoted options exercisable at $0.0675 per option and expiring26 May2025
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestmentplan, participation inbuy-back	Lapse of performance rights unvested

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	Not applicable
Nature of interest
Name of registered holder (if issued securities)
Date of change
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
Interest acquired
Interest disposed
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation
Interest after change

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

Part 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?	Not applicable
If prior written clearance was provided, on what date was this provided?	Not applicable

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

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	RAREX LIMITED
ABN	65 105 578 756

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.

Name of Director	Shaun Hardcastle
Date of last notice	11 August 2023

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 Interest
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving risetotherelevant interest.	Held by Rod Dog Pty Ltd of which Mr Hardcastle is a director and beneficiary.
**Date of change **	4 February2024
**No. of securities heldprior to change **
Rod Dog Pty Ltd- Mr Hardcastle is a director and beneficiary	• 3,219,935 ordinary shares • 277,778 quoted options exercisable at $0.0675 each and expiring 26 May 2026 • 1,500,000 performance rights vesting on 20-Day VWAP of the Company’s Shares exceeding $0.20 and 12 months service from 26 May 2021 • 1,500,000 performance rights vesting on 20-Day VWAP of the Company’s Shares exceeding $0.25 and 18 months service from 26 May 2021 • 1,500,000 performance rights vesting on 20-Day VWAP of the Company’s Shares exceeding $0.30 and 24 months service from 26 May2021
Class	Performance rights
Number acquired	Nil
Number disposed	• 1,500,000 performance rights vesting on 20-Day VWAP of the Company’s Shares exceeding $0.20 and 12 months service from 26 May 2021 • 1,500,000performance rights vestingon 20-DayVWAP

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

	of the Company’s Shares exceeding $0.25 and 18 months service from 26 May 2021 • 1,500,000 performance rights vesting on 20-Day VWAP of the Company’s Shares exceeding $0.30 and 24 months service from 26 May2021
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil
**No. of securities held after change **
Rod Dog Pty Ltd- Mr Hardcastle is a director and beneficiary	• 3,219,935 ordinary shares • 277,778 quoted options exercisable at $0.0675 each and expiring26 May2026
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back	Lapse of performance rights unvested

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	Not applicable
Nature of interest
Name of registered holder (if issued securities)
Date of change
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
Interest acquired
Interest disposed
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation
Interest after change

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

Part 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?	Not applicable
If prior written clearance was provided, on what date was this provided?	Not applicable

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

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	RAREX LIMITED
ABN	65 105 578 756

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.

Name of Director	John Young
Date of last notice	11 August 2023

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	Direct Interest
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.
**Date of change **	4 February2024
No. of securities held prior to change
Mr John A Young & Mrs Cheryl K Young ATF The Forever YoungFamilyTrust	• 500,000 ordinary shares
Mr John A Young & Mrs Cheryl K Young ATF The Forever Young Superannuation Fund	• 7,104,000 ordinary shares • 633,334 quoted options exercisable at $0.0675 each and expiring 26 May 2025
Mr John Alexander Young	• 1,500,000 performance rights vesting on 20-Day VWAP of the Company’s Shares exceeding $0.20 and 12 months service from 26 May 2021 • 1,500,000 performance rights vesting on 20-Day VWAP of the Company’s Shares exceeding $0.25 and 18 months service from 26 May 2021 • 1,500,000 performance rights vesting on 20-Day VWAP of the Company’s Shares exceeding $0.30 and 24 months

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

	service from 26 May 2021
Class	Performance rights
Number acquired	Nil
Number disposed	• 1,500,000 performance rights vesting on 20-Day VWAP of the Company’s Shares exceeding $0.20 and 12 months service from 26 May 2021 • 1,500,000 performance rights vesting on 20-Day VWAP of the Company’s Shares exceeding $0.25 and 18 months service from 26 May 2021 • 1,500,000 performance rights vesting on 20-Day VWAP of the Company’s Shares exceeding $0.30 and 24 months service from 26 May 2021
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil
No. of securities held after change
Mr John A Young & Mrs Cheryl K Young ATF The Forever YoungFamilyTrust	• 500,000 ordinary shares
Mr John A Young & Mrs Cheryl K Young ATF The Forever Young Superannuation Fund	• 7,104,000 ordinary shares • 633,334 quoted options exercisable at $0.0675 each and expiring 26 May 2025
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back	Lapse of performance rights unvested

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	Not applicable
Nature of interest
Name of registered holder (if issued securities)
Date of change
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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

Part 3 –[+] Closed period

Part 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?	Not applicable
If prior written clearance was provided, on what date was this provided?	Not applicable

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3