Sarama Resources Ltd. — Director's Dealing 2025

Feb 10, 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 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	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 riseto the relevant interest.	Bigjac Investments Pty Ltd – Mr Jackson is a Director
Date of change	11 February 2025
No. of securities held prior to change	423,499 ordinary shares(1)500,000 unquoted options exercisable at A$0.16 eachon or before 20 April 2026(1)750,000 unquoted options exercisable at A$0.03 eachon or before 23 July 2027 (1)3,272,500 CDIs(2)
Class	Ordinary Shares – Each Chess Depositary Interest (CDI)represents a beneficial interest in 1 ordinary share
Number acquired	511,041 CDIs
Number disposed

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Value/Consideration	A$0.03
Note: If consideration is non-cash, provide details
and estimated valuation
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)
	3,783,541 CDIs(2)
Nature of change	Issue of	CDIs in part settlement of deferred fees (refer
Example: on-market trade, off-market trade, exerciseof options, issue of securities under dividend	announcement 11 February 2025)
reinvestment plan, participation in buy-back

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

Were the interests in the securities or contracts detailed No above traded during a[+] closed period where prior written clearance was required?

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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