Sarama Resources Ltd. — Director's Dealing 2025

Jan 19, 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	19 September 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(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	19 January 2025
No. of securities held prior to change	• 766,666 unquoted options exercisable at C$0.20 each on or before 19 January 2025(1) • 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) • 11,154,834 CDIs(2) • 100,000 unquoted options exercisable at A$0.15 each 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	• Ordinary Shares – Each Chess Depositary Interest (CDI) represents a beneficial interest in 1 ordinary share • Unquoted Options
Number acquired
Number disposed	766,666 unquoted options exercisable at C$0.20 each
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Options – Nil
No. of securities held after change	• 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) • 11,154,834 CDIs(2) • 1,306,907 CDIs(3) • 385,243 CDIs(4)
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Expiry of unquoted options

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

• 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 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	19 September 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(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	19 January 2025
No. of securities held prior to change	423,499 ordinary shares(1) 183,333 unquoted options exercisable at C$0.20 each on or before 19 January 2025(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) 3,272,500 CDIs(2)
Class	Ordinary Shares – Each Chess Depositary Interest (CDI) represents a beneficial interest in 1 ordinary share Unquoted Options
Number acquired

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Number disposed	183,333 unquoted options exercisable at C$0.20 each
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Options – 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) 3,272,500 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	Expiry of unquoted options

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	19 September 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(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	19 January 2025
No. of securities held prior to change	120,000 unquoted options exercisable at C$0.20 each on or before 19 January 2025(1) 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

• See chapter 19 for defined terms.

01/01/2011

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Appendix 3Y Change of Director’s Interest Notice

Number disposed	120,000 unquoted options exercisable at C$0.20 each
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Options – 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) 1,410,000 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	Expiry of unquoted options

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