Sarama Resources Ltd. — Director's Dealing 2025

Feb 10, 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	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).Indirect (2),(3),(4)
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)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 tocontrol
Date of change	11 February 2025
No. of securities held prior tochange	•1,916,666 unquoted options exercisable at A$0.16each on or before 20 April 2026(1)• 3,000,000 unquoted options exercisable at A$0.03each on or before 23 July 2027(1)•11,154,834 CDIs(2)• 100,000 unquoted options exercisable at A$0.15each on or before 21 June 2026(2)• 1,306,907 CDIs(3)•385,243 CDIs(4)

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Class	Class			Dit Itt CDI	Dit Itt CDI
	Class		Odi Sh Eh Ch	Dit Itt CDI
			•rnary ares – ac ess eposary neres ()represents a beneficial interest in 1 ordinary share
	Number acquired		4,861,111 CDIs
	Number disposed
	Value/ConsiderationNote: If consideration is non-cash, provi	de	A$0.03
	details and estimated valuation
	No. of securities held aftchange	er	• 1,916,666 unquoted oh bf 20 A	ptions exercisable at A$0.16il 2026(1)
			eac on or eore p• 3,000,000 unquoted o	r ptions exercisable at A$0.03
			each on or before 23 Jul	y 2027(1)
			• 100,000 unquoted opeach on or before 21 Ju	tions exercisable at A$0.15ne 2026(2)
			•16,015,945 CDIs(2)• 1,306,907 CDIs(3)• 385,243 CDIs(4)
	Nature of changeExample: on-market trade, off-market trade,exercise of options, issue of securities underdividend reinvestment plan, participation inbuy-back		Issue of CDIs in part settlement of deferred salaries (referannouncement 11 February 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.

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 whichinterest related prior to change
	Note: Details are only required for a corelation to which the interest has changed	ntract in

• 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

Were the interests in the securities or contracts detailed	No
above traded during a+closed period where 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.

01/01/2011

Appendix 3Y Page 3