Sarama Resources Ltd. — Director's Dealing 2024

Jan 22, 2024

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	Sarama Resources Ltd
ARBN	143 964 649

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	Andrew Dinning
Date of last notice	4 December 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

Direct or indirect interest	Direct (1). Indirect (2),(3)
Nature of indirect interest(including registered holder)Note: Provide details of the circumstancesgiving rise to the relevant interest.	AD Capital Investment Trust (2)(Mr Dinning is a Director and Beneficiary)Miss Nina Solder (3)(Mr Dinning has non beneficial interest with ability tocontrol
Date of change	15 January 2024
No. of securities held prior tochange	•3,119,942 ordinary shares (1)•916,668 unquoted options exercisable at C$0.35each on or before 14 January 2024 (1)•766,666 unquoted options exercisable at C$0.20each on or before 19 January 2025 (1)•1,916,666 unquoted options exercisable at A$0.16each on or before 20 April 2026 (1)
	1,323,333 ordinary shares (2)••325,000 CDIs (2)•100,000 unquoted options exercisable at A$0.15each on or before 21 June 2026 (2)•385,243 CDIs (3)

+ See chapter 19 for defined terms.

Class	•Ordinary Shares –Each Chess DepositaryInterest(CDI) represents a beneficial interest in 1 ordinaryshare•Unquoted Options
Number acquired	N/A
Number disposed	N/A (no disposal)916,668 unquoted options exercisable at C$0.35 eachon or before 14 January 2024 (1)
Value/ConsiderationNote: If consideration is non-cash, providedetails and estimated valuation	Nil – Expiry of Options
No.ofsecuritiesheldafterchange	•3,119,942 ordinary shares (1)•766,666 unquoted options exercisable at C$0.20each on or before 19 January 2025 (1)•1,916,666 unquoted options exercisable at A$0.16each on or before 20 April 2026 (1)1,323,333 ordinary shares (2)••325,000 CDIs (2)•100,000 unquoted options exercisable at A$0.15each on or before 21 June 2026 (2)•385,243 CDIs (3)
Nature of changeExample: on-market trade, off-market trade,exercise of options, issue of securities underdividend reinvestment plan, participation inbuy-back	Expiry of Options

Detail of contract	N/A
Nature of interest
Name of registered holder(if issued securities)
Date of change
No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed

+ See chapter 19 for defined terms.

Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation
Interest after change

Were the interests in the securities or contracts detailed	No
above traded during a +closed periodwhere prior written
clearance was required?
If so, was prior written clearance provided to allow the
trade to proceed during this period?
If prior written clearance was provided, on what date was
this provided?

+ See chapter 19 for defined terms.

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	Sarama Resources Ltd
ARBN	143 964 649

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	Simon Jackson
Date of last notice	8 June2023

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

Direct or indirect interest	Direct (1) andIndirect (2)
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving riseto the relevant interest.	Bigjac Investments Pty Ltd –Mr Jackson is a Director
Date of change	15 January 2024
No. of securities held prior to change	shares(1)423,499ordinary166,667unquoted options exercisable at C$0.35 each(1)on or before 14 January 2024183,333unquoted options exercisable at C$0.20 each(1)on or before 19 January 2025500,000unquoted options exercisable at A$0.16each(1)on or before 20 April2026(2)220,000 CDIs
Class	Ordinary Shares –Each Chess DepositaryInterest(CDI)representsa beneficial interest in 1 ordinary shareUnquoted Options
Number acquired	N/A

+ See chapter 19 for defined terms.

Number disposed	166,667unquoted options
Value/ConsiderationNote: If consideration is non-cash, provide detailsand estimated valuation	Nil
No. of securities held after change	shares(1)423,499ordinary183,333unquoted options exercisable at C$0.20 each(1)on or before 19 January 2025500,000unquoted options exercisable at A$0.16each(1)on or before 20 April2026(2)220,000 CDIs
Nature of changeExample: on-market trade, off-market trade, exerciseof options, issue of securities under dividendreinvestment plan, participation in buy-back	Expiration of Options

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)
Date of change
No. and class of securities to which
interest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed
Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation
Interest after change

+ See chapter 19 for defined terms.

Were the interests in the securities or contracts detailed	No
above traded during a +closed periodwhere prior written
clearance was required?
If so, was prior written clearance provided to allow the
trade to proceed during this period?
If prior written clearance was provided, on what date was
this provided?

+ See chapter 19 for defined terms.

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	Sarama Resources Ltd
ARBN	143 964 649

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	Adrian Byass
Date of last notice	26June 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

Direct or indirect interest	Direct (1) andIndirect (2)
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving riseto the relevant interest.	Valiant Equity Management Pty Ltd –Mr Byass is aDirector
Date of change	15January 2024
No. of securities held prior to change	150,000 unquoted options exercisable at C$0.35(1)each on or before 14 January 2024120,000 unquoted options exercisable at C$0.20(1)each on or before 19 January 2025300,000 unquoted options exercisable at A$0.16(1)each on or before 20 April2026(2)300,000 CDIs
Class	Ordinary Shares –Each Chess DepositaryInterest(CDI) represents a beneficial interest in 1 ordinaryshareUnquoted Options
Number acquired	N/A

+ See chapter 19 for defined terms.

Number disposed	150,000 Unquoted Options
Value/ConsiderationNote: If consideration is non-cash, provide detailsand estimated valuation	Nil
No. of securities held after change	120,000 unquoted options exercisable at C$0.20(1)each on or before 19 January 2025300,000 unquoted options exercisable at A$0.16(1)each on or before 20 April2026(2)300,000 CDIs
Nature of changeExample: on-market trade, off-market trade, exerciseof options, issue of securities under dividendreinvestment plan, participation in buy-back	Expiration of Options

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)
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.

Were the interests in the securities or contracts detailed	No
above traded during a +closed periodwhere prior written
clearance was required?
If so, was prior written clearance provided to allow the
trade to proceed during this period?
If prior written clearance was provided, on what date was
this provided?

+ See chapter 19 for defined terms.

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	Sarama Resources Ltd
ARBN	143 964 649

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	Steven Zaninovich
Date of last notice	26June 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

Direct or indirect interest	Direct (1) and Indirect (2),(3)
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise	Stella Trust –Mr Zaninovich is a Director and a(2)beneficiary of the Trust
to the relevant interest.	Miss Isabella Zaninovich –Mr Zaninovich is a(3)related party to Miss Zaninovich
Date of change	15January 2024
No. of securities held prior to change	150,000 unquoted options exercisableat C$0.35(1)each on or before 14 January 2024120,000 unquoted options exercisable at C$0.20(1)each on or before 19 January 2025300,000 unquoted options exercisable at A$0.16(1)each on or before 20 April2026
	(2)152,381ordinary shares(3)50,000 Chess Depositary Interests(CDIs)

+ See chapter 19 for defined terms.

Class	Ordinary Shares –Each Chess DepositaryInterest(CDI) represents a beneficial interest in 1ordinary shareUnquoted Options
Number acquired	N/A
Number disposed	150,000Unquoted Options
Value/ConsiderationNote: If consideration is non-cash, provide detailsand estimated valuation	Nil
No. of securities held after change	120,000 unquoted options exercisable at C$0.20(1)each on or before 19 January 2025300,000 unquoted options exercisable at A$0.16(1)each on or before 20 April2026(2)152,381ordinary shares(3)50,000CDIs
Nature of changeExample: on-market trade, off-market trade, exerciseof options, issue of securities under dividendreinvestment plan, participation in buy-back	Expiration of Options

Detail of contract	N/A
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 inrelation to which the interest has changed
Interest acquired
Interest disposed
Value/Consideration
Note: If consideration is non-cash, provide detailsand an estimated valuation

+ See chapter 19 for defined terms.

Interest after change

Were the interests in the securities or contracts detailed	No
above traded during a +closed periodwhere prior written
clearance was required?
If so, was prior written clearance provided to allow the
trade to proceed during this period?
If prior written clearance was provided, on what date was
this provided?

+ See chapter 19 for defined terms.