Sarama Resources Ltd. — Share Issue/Capital Change 2025

Feb 10, 2025

Appendix 2A - Application for quotation of securities

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Announcement Summary

Entity name

SARAMA RESOURCES LTD

Announcement Type

New announcement

Date of this announcement

Tuesday February 11, 2025

The +securities to be quoted are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
SRR	CHESS DEPOSITARY INTERESTS 1:1	13,132,706	11/02/2025

Refer to next page for full details of the announcement

Appendix 2A - Application for quotation of securities

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Appendix 2A - Application for quotation of securities

Part 1 - Entity and announcement details

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1.1 Name of entity

SARAMA RESOURCES LTD

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

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

11/2/2025

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Appendix 2A - Application for quotation of securities

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Part 2 - Type of Issue

2.1 The +securities to be quoted are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B

Previous Appendix 3B details: Announcement Date and Announcement Title Selected Appendix 3B to submit quotation Time request 21-Nov-2024 09:47 New - Proposed issue of securities - A placement or other type of issue SRR

2.3a.2 Are there any further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B? No

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Appendix 2A - Application for quotation of securities

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Part 3A - number and type of +securities to be quoted where issue has previously been notified to ASX in an Appendix 3B

Placement Details

ASX +security code and description

SRR : CHESS DEPOSITARY INTERESTS 1:1

Issue date

11/2/2025

Distribution Schedule

Provide a distribution schedule for the new +securities according to the categories set out in the left hand column - including the number of recipients and the total percentage of the new +securities held by the recipients in each category.

Total percentage of +securities held Number of +securities held Number of holders For example, to enter a value of 50% please input as 50.00 1 - 1,000 % 1,001 - 5,000 % 5,001 - 10,000 % 10,001 - 100,000 % 100,001 and over %

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Appendix 2A - Application for quotation of securities

Issue details

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Number of +securities to be quoted

13,132,706

Are the +securities being issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

Securities are being issued as partial settlement of executive's deferred salaries and non executive director fees as detailed in Appendix 3B lodged on 21 November 2024

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted

0.030000

Any other information the entity wishes to provide about the +securities to be quoted

The Securities were subject to shareholder approval obtained on 5 February 2025.

The Options proposed to be issued (3,283,174) as detailed in Appendix 3B lodged on 21 November 2024 have been withdrawn and will not be issued.

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Appendix 2A - Application for quotation of securities

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Part 4 - Issued capital following quotation

Following the quotation of the +securities the subject of this application, the issued capital of the entity will comprise:

The figures in parts 4.1 and 4.2 below are automatically generated and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX for processing.

4.1 Quoted +securities (total number of each +class of +securities quoted on ASX following the +quotation of the +securities subject of this application)

+securities subject of this application)
	Total number of
ASX +security code and description	+securities on issue
SRR : CHESS DEPOSITARY INTERESTS 1:1	272,216,154
4.2 Unquoted +securities (total number of each +class of +securities issued	but not quoted on ASX)
	Total number of
ASX +security code and description	+securities on issue
SRRAN : OPTION EXPIRING 14-JUN-2026 EX $0.15	1,312,180
SRRAA : OPTION EXPIRING 22-APR-2025 RESTRICTED	2,500,000
SRRAO : OPTION EXPIRING 21-JUN-2026 EX $0.15	1,812,820
SRRAQ : OPTION EXPIRING 05-DEC-2026 EX $0.05	7,500,000
SRRAB : ORDINARY FULLY PAID	88,854,367
SRRAP : OPTION EXPIRING 23-JUL-2027 EX $0.03	9,900,000
SRRAM : OPTION EXPIRING 20-APR-2026 EX $0.16	6,809,999
SRRAL : OPTION EXPIRING 13-APR-2026 EX $0.15	6,875,000

4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX)

Appendix 2A - Application for quotation of securities

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