Sarama Resources Ltd. — Share Issue/Capital Change 2024

Apr 1, 2024

Appendix 4A - Statement of CDIs on issue

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Part 1 - Entity and announcement details

1.1 Name of +Entity

SARAMA RESOURCES LTD

1.2 Registered Number Type

ARBN

Registration Number 143964649

1.3 ASX issuer code

SRR

1.4 The announcement is

New announcement 1.5 Date of this announcement

2/4/2024

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Appendix 4A - Statement of CDIs on issue

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Part 2 - Details of +CDIs and other +securities on issue

2.1 Statement for month and year

March-2024

2.2a Number and class of all +CDIs issued over quoted +securities

ASX Security Code and Description +CDI Ratio SRR : CHESS DEPOSITARY INTERESTS 1:1 1:1 Total number of +CDIs issued over Total number of +CDIs issued over Net Difference (A-B) quoted +securities at end of quoted +securities at end of previous 200,000 statement month (A): month (B): 80,419,091 80,219,091

Reason for change:

Common share

Net transfers of securities between CDIs and

TSXV

as quoted / held on

If the total number of +CDIs issued over quoted +securities at the end of the statement month, is greater than the total number of +CDIs issued over quoted +securities for which the entity has previously paid an initial listing fee or an additional listing fee under Table 1A and 1C of Guidance Note 15A, the entity hereby applies for +quotation of the relevant securities

and agrees to the matters set out in Appendix 2A of the ASX Listing Rules.

2.2b Number and class of all +securities on issue over which +CDIs have not been issued

ASX Security Code and Description

SRRAB : ORDINARY FULLY PAID

Total number of +securities at end of Total number of +securities at end of Net Difference (A-B) statement month (A) previous month (B) -200,000 101,003,078 101,203,078

Reason for change:

Net Transfer of securities between CDIs and Common Shares as quoted/held on TSXV

ASX Security Code and Description

SRRAA : OPTION EXPIRING 22-APR-2025 RESTRICTED

Total number of +securities at end of Total number of +securities at end of Net Difference (A-B) statement month (A) previous month (B) 0 2,500,000 2,500,000 ASX Security Code and Description SRRAF : WARRANTS EXPIRING 23-MAY-2024 EX CAD $0.30 Total number of +securities at end of Total number of +securities at end of Net Difference (A-B) statement month (A) previous month (B) 0 833,333 833,333

ASX Security Code and Description

SRRAG : WARRANTS EXPIRING 23-MAY-2024 EX CAD $0.60

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Appendix 4A - Statement of CDIs on issue

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Total number of +securities at end of Total number of +securities at end of Net Difference (A-B) statement month (A) previous month (B) 0 833,333 833,333 ASX Security Code and Description SRRAH : WARRANTS EXPIRING 28-JUL-2024 EX CAD $0.28 Total number of +securities at end of Total number of +securities at end of Net Difference (A-B) statement month (A) previous month (B) 0 4,863,517 4,863,517 ASX Security Code and Description SRRAI : OPTION EXPIRING 19-JAN-2025 EX CAD $0.20 Total number of +securities at end of Total number of +securities at end of Net Difference (A-B) statement month (A) previous month (B) 0 2,721,665 2,721,665 ASX Security Code and Description SRRAL : OPTION EXPIRING 13-APR-2026 EX $0.15 Total number of +securities at end of Total number of +securities at end of Net Difference (A-B) statement month (A) previous month (B) 0 6,875,000 6,875,000 ASX Security Code and Description SRRAM : OPTION EXPIRING 20-APR-2026 EX $0.16 Total number of +securities at end of Total number of +securities at end of Net Difference (A-B) statement month (A) previous month (B) 0 6,809,999 6,809,999 ASX Security Code and Description SRRAN : OPTION EXPIRING 14-JUN-2026 EX $0.15 Total number of +securities at end of Total number of +securities at end of Net Difference (A-B) statement month (A) previous month (B) 0 1,312,180 1,312,180 ASX Security Code and Description SRRAO : OPTION EXPIRING 21-JUN-2026 EX $0.15 Total number of +securities at end of Total number of +securities at end of Net Difference (A-B) statement month (A) previous month (B) 0 1,812,820 1,812,820

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