Sarama Resources Ltd. — Director's Dealing 2025

Jun 12, 2025

Appendix 3Y Change of Director’s Interest Notice

Just sent you a messagedonedoneRule 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 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	11 February 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(1).Indirect (2),(3),(4)
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	AD Capital Investment Trust(2) (Mr Dinning is a Director and Beneficiary) Hub 24 Custodial Serv Ltd on behalf of Andrew Dinning (Superannuation)(3) Hub 24 Custodial Serv Ltd on behalf of Miss Nina Solder (Superannuation)(4) (Mr Dinning has non beneficial interest with ability to control
Date of change	11 June 2025
No. of securities held prior to change	• 16,015,945 CDIs(2) • 1,306,907 CDIs(3) • 385,243 CDIs(4) • 1,916,666 unquoted options exercisable at A$0.16 each on or before 20 April 2026(1) • 3,000,000 unquoted options exercisable at A$0.03 each on or before 23 July 2027(1) • 100,000 unquoted options exercisable at A$0.15 each on or before 21 June 2026(2)

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Class	• Ordinary Shares – Each Chess Depositary Interest (CDI) represents a beneficial interest in 1 ordinary share • Unquoted Options • Unquoted Performance Rights
Number acquired	1,800,000 Unquoted options 3,300,000 Performance rights
Number disposed	nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	nil
No. of securities held after change	• 16,015,945 CDIs(2) • 1,306,907 CDIs(3) • 385,243 CDIs(4) • 1,916,666 unquoted options exercisable at A$0.16 each on or before 20 April 2026(1) • 3,000,000 unquoted options exercisable at A$0.03 each on or before 23 July 2027(1) • 100,000 unquoted options exercisable at A$0.15 each on or before 21 June 2026(2) • 1,800,000 unquoted options exercisable at A$0.04 each on or before 2 April 2028(1) • 330,000 unvested unlisted performance rights vesting on 11 April 2026 and expiring 11 April 2028(2) • 660,000 unvested unlisted performance rights vesting on 11 October 2026 and expiring 11 April 2028(2) • 2,310,000 unvested unlisted performance rights vesting from 11 April 2026 to 11 April 2028 and expiring 11 April 2028(2)
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 3,300,000 unvested unlisted Performance Rights and issue of 1,800,000 unquoted options following shareholder approval at the Company’s Annual General Meetingheld 11 June 2025

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
Name of registered holder (if issued securities)

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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

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

• 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 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	11 February 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(1)and Indirect(2)
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Bigjac Investments Pty Ltd – Mr Jackson is a Director
Date of change	11 June 2025
No. of securities held prior to change	423,499 ordinary shares(1) 500,000 unquoted options exercisable at A$0.16 each on or before 20 April 2026(1) 750,000 unquoted options exercisable at A$0.03 each on or before 23 July 2027 (1) 3,783,541 CDIs(2)
Class	Ordinary Shares – Each Chess Depositary Interest (CDI) represents a beneficial interest in 1 ordinary share Unquoted Options
Number acquired	750,000 unquoted options
Number disposed	nil

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	nil
No. of securities held after change	423,499 ordinary shares(1) 500,000 unquoted options exercisable at A$0.16 each on or before 20 April 2026(1) 750,000 unquoted options exercisable at A$0.03 each on or before 23 July 2027 (1) 750,000 unquoted options exercisable at A$0.04 each on or before 2 April 2028 (1) 3,783,541 CDIs(2)
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 750,000 unquoted options following shareholder approval at the Company’s Annual General Meeting held 11 June 2025

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
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

Part 3 –[+] Closed period

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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

• 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 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	20 January 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(1)and Indirect(2)
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Valiant Equity Management Pty Ltd – Mr Byass is a Director
Date of change	11 June 2025
No. of securities held prior to change	300,000 unquoted options exercisable at A$0.16 each on or before 20 April 2026(1) 750,000 unquoted options exercisable at A$0.03 each on or before 23 July 2027(1) 1,410,000 CDIs(2)
Class	Ordinary Shares – Each Chess Depositary Interest (CDI) represents a beneficial interest in 1 ordinary share Unquoted Options
Number acquired	750,000 unquoted options
Number disposed	nil

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil
No. of securities held after change	300,000 unquoted options exercisable at A$0.16 each on or before 20 April 2026(1) 750,000 unquoted options exercisable at A$0.03 each on or before 23 July 2027(1) 1,250,000 unquoted options exercisable at A$0.04 each on or before 2 April 2028(1) 1,410,000 CDIs(2)
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 1,250,000 unquoted options following shareholder approval at the Company’s Annual General Meeting held 11 June 2025

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
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

Part 3 –[+] Closed period

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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

• 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 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	Michael Bohm
Date of last notice	28 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(1)and Indirect(2)
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	CLJML Investments Pty Ltd – Mr Bohm is a Director
Date of change	11 June 2025
No. of securities held prior to change	966,667 Chess Depositary Interests(2) 166,667 unquoted options exercisable at A$0.09 each on or before 30 November 2028(2)
Class	Ordinary Shares – Each Chess Depositary Interest (CDI) represents a beneficial interest in 1 ordinary share Unquoted Options
Number acquired	750,000 Unquoted Options
Number disposed
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	966,667 Chess Depositary Interests(2) 166.667 unquoted options exercisable at A$0.09 each on or before 30 November 2028(2) 750,000 unquoted options exercisable at A$0.04 each on or before 2 April 2028 (1)
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 750,000 unquoted options following shareholder approval at the Company’s Annual General Meeting held 11 June 2025

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.

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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
----- End of picture text -----

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 3