S2 RESOURCES LTD — Director's Dealing 2025

Aug 6, 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: S2 Resources Ltd ABN: 18 606 128 090

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	Mark Bennett
Date of last notice	10 March 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		Direct and Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.		• Elizabeth Catherine Bennett • Revedor Pty Ltd
Date of change		7 August 2025
No. of securities held prior to change		Direct • 4,619,916 Fully Paid Ordinary Shares • 4,000,000 unlisted options exercisable at $0.29 and expiring 11.11.2025 • 1,500,000 unlisted options exercisable at $0.20 and expiring 21.10.2026 • 5,000,000 unlisted options exercisable at $0.25 and expiring 08.09.2027 • 5,000,000 unlisted options exercisable at $0.135 and expiring 01.07.2028 Indirect Elizabeth Catherine Bennett • 1,500,000 unlisted options exercisable at $0.20 and expiring 21.10.2026 Revedor Pty Ltd • 3,000,000 Fully Paid Ordinary Shares

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Class		• Fully Paid Ordinary Shares • Options with an exercise price of $0.11 and an expiry date 7 July 2027 • Options with an exercise price of $0.097 and an expiry date of 1 July 2029
Number acquired		• 555,556 Fully Paid Ordinary Shares • 277,778 options exercisable at $0.11 and expiring 7 July 2027 • 4,000,000 options exercisable at $0.097 and an expiry date of 1 July 2029
Number disposed		Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		• $40,000 (Tranche 2 Placement) • Free attaching unlisted options to the above Tranche 2 placement share issue • n/a
No. of securities held after change		Direct • 5,175,472 Fully Paid Ordinary Shares • 4,000,000 unlisted options exercisable at $0.29 and expiring 11.11.2025 • 1,500,000 unlisted options exercisable at $0.20 and expiring 21.10.2026 • 5,000,000 unlisted options exercisable at $0.25 and expiring 08.09.2027 • 5,000,000 unlisted options exercisable at $0.135 and expiring 01.07.2028 • 277,778 unlisted options exercisable at $0.11 and expiring 7 July 2027 • 4,000,000 unlisted options exercisable at $0.097 and an expiry date of 1 July 2029 Indirect Elizabeth Catherine Bennett • 1,500,000 unlisted options exercisable at $0.20 and expiring 21.10.2026 Revedor Pty Ltd • 3,000,000 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 Tranche 2 Placement Shares and attaching Options and the issue of incentive Options following shareholder approval at the General Meeting held on 7 August 2025.

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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
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

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?	n/a
If prior written clearance was provided, on what date was this provided?	n/a

• 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: S2 Resources Ltd ABN: 16 606 128 090

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	Jeff Dowling
Date of last notice	23 December 2024

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.	• Mr Jeffrey Philip Dowling and Mrs Mary Anne Dowling as trustees for the Dowling Superannuation Fund • Starwood Holdings Pty Ltd as Trustee for the JP Dowling Family Trust
Date of change	7 August 2025
No. of securities held prior to change	Mr Jeffrey Philip Dowling and Mrs Mary Anne Dowling as trustees for the Dowling Superannuation Fund • 1,000,000 Fully Paid Ordinary Shares Starwood Holdings Pty Ltd as Trustee for the JP Dowling Family Trust • 1,250,000 unlisted options exercisable at $0.29 and expiring 11.11.2025 • 1,000,000 unlisted options exercisable at $0.20 and expiring 21.10.2026 • 2,500,000 unlisted options exercisable at $0.25 and expiring 08.09.2027 • 2,500,000 unlisted options exercisable at $0.135 and expiring01.07.2028

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Class	• Fully Paid Ordinary Shares • Options with an exercise price of $0.11 and an expiry date 7 July 2027 • Options with an exercise price of $0.097 and an expiry date of 1 July 2029
Number acquired	• 486,111 Fully Paid Ordinary Shares • 243,055 options exercisable at $0.11 and expiring 7 July 2027 • 2,000,000 options exercisable at $0.097 and an expiry date of 1 July 2029
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	• $35,000 (Tranche 2 Placement) • Free attaching unlisted options to the above Tranche 2 placement share issue • n/a
No. of securities held after change	Mr Jeffrey Philip Dowling and Mrs Mary Anne Dowling as trustees for the Dowling Superannuation Fund • 1,000,000 Fully Paid Ordinary Shares Starwood Holdings Pty Ltd as Trustee for the JP Dowling Family Trust • 486,111 Fully Paid Ordinary Shares • 1,250,000 unlisted options exercisable at $0.29 and expiring 11.11.2025 • 1,000,000 unlisted options exercisable at $0.20 and expiring 21.10.2026 • 2,500,000 unlisted options exercisable at $0.25 and expiring 08.09.2027 • 2,500,000 unlisted options exercisable at $0.135 and expiring 01.07.2028 • 243,055 unlisted options exercisable at $0.11 and expiring 7 July 2027 • 2,000,000 unlisted options exercisable at $0.097 and an expiry date of 1 July 2029
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 Tranche 2 Placement Shares and attaching Options and the issue of incentive Options following shareholder approval at the General Meeting held on 7 August 2025.

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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
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

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?	n/a
If prior written clearance was provided, on what date was this provided?	n/a

• 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: S2 Resources Ltd ABN: 16 606 128 090

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	Anna Neuling
Date of last notice	2 December 2024

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 and Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.		• Pinvestment Pty Ltd as trustee for the Neuling Family Trust • Erasmus Consulting Pty Ltd
Date of change		7 August 2025
No. of securities held prior to change		Direct • 50,000 Fully Paid Ordinary Shares Indirect Erasmus Consulting Pty Ltd • 300,000 Fully Paid Ordinary Shares Pinvestment Pty Ltd as trustee for the Neuling Family Trust • 449,875 Fully Paid Ordinary Shares • 1,250,000 unlisted options exercisable at $0.29 and expiring 11.11.2025 • 1,000,000 unlisted options exercisable at $0.20 and expiring 21.10.2026 • 2,500,000 unlisted options exercisable at $0.25 and expiring 08.09.2027 • 2,500,000 unlisted options exercisable at $0.135and expiring 01.07.2028

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Class		• Fully Paid Ordinary Shares • Options with an exercise price of $0.11 and an expiry date 7 July 2027 • Options with an exercise price of $0.097 and an expiry date of 1 July 2029
Number acquired		• 486,111 Fully Paid Ordinary Shares • 243,055 options exercisable at $0.11 and expiring 7 July 2027 • 2,000,000 options exercisable at $0.097 and an expiry date of 1 July 2029
Number disposed		Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		• $35,000 (Tranche 2 Placement) • Free attaching unlisted options to the above Tranche 2 placement share issues • n/a
No. of securities held after change		Direct • 50,000 Fully Paid Ordinary Shares Indirect Erasmus Consulting Pty Ltd • 300,000 Fully Paid Ordinary Shares Pinvestment Pty Ltd as trustee for the Neuling Family Trust • 935,986 Fully Paid Ordinary Shares • 1,250,000 unlisted options exercisable at $0.29 and expiring 11.11.2025 • 1,000,000 unlisted options exercisable at $0.20 and expiring 21.10.2026 • 2,500,000 unlisted options exercisable at $0.25 and expiring 08.09.2027 • 2,500,000 unlisted options exercisable at $0.135 and expiring 01.07.2028 • 243,055 unlisted options exercisable at $0.11 and expiring 7 July 2027 • 2,000,000 unlisted options exercisable at $0.097 and an expiry date of 1 July 2029
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 Tranche 2 Placement Shares and attaching Options and the issue of incentive Options following shareholder approval at the General Meeting held on 7 August 2025.

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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
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

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?	n/a
If prior written clearance was provided, on what date was this provided?	n/a

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3