TITOMIC LIMITED — Director's Dealing 2025

Jan 20, 2025

Appendix 3X Initial Director’s Interest Notice

Rule 3.19A.1

Appendix 3X

Initial 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 30/9/2001.

Name of entity Titomic Limited ABN 77 602 793 644

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Jim Simpson
Date of appointment	10 January 2025

Part 1 - Director’s relevant interests in securities of which the director is the registered holder

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.

Number & class of securities

Nil

• See chapter 19 for defined terms.

11/3/2002

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Appendix 3X Initial Director’s Interest Notice

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature ofinterestNote: Provide details of the circumstances giving riseto the relevant interest.	Number & class of SecuritiesNil

Part 3 – 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	Executive Employment Agreement
Nature of interest	Right to receive equity instruments
Name of registered holder	Jim Simpson
(if issued securities)

• See chapter 19 for defined terms.

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Appendix 3X Initial Director’s Interest Notice

No. and class of securities to whichinterest relates

PursuanttoMrSimpson’semploymentagreement he is entitled to an LTI. The LTI is anequity-basedincentiveunderwhichMr.Simpson will be entitled to 30,000,000 optionsover the initial three-year term (Options).5,000,000 of the Options will be grantedimmediately but will only vest after completionof 12 months of service. The options shall havea strike price of $0 and shall expire seven (7)years after granting if not exercised.Thereafter, 5,000,000 Options will be grantedon 11 October 2025 assuming Mr. Simpson isstill employed and the Titomic stock priceachieves a targeted Share Price equal to finalissue price of the next equity issue plus 25%,have been met and maintained (based on 15 dayVWAP). The options shall have a strike price of$0 and shall expire seven (7) years aftergranting if not exercised.An additional 10,000,000 Options will begranted on 11 October 2026 assuming Mr.Simpson is still employed and the Titomic stockprice achieves a targeted Share Price equal tofinal issue price of the next equity issue plus50%, have been met and maintained (based on15 day VWAP). The options shall have a strikeprice of $0 and shall expire seven (7) years aftergranting if not exercised.An additional 10,000,000 Options will begranted on 11 October 2027 assuming Mr.Simpson is still employed and the Titomic stockprice achieves a targeted Share Price equal tofinal issue price of the next equity issue plus150%, have been met and maintained (based on15 day VWAP). The options shall have a strikeprice of $0 and shall expire seven (7) years aftergranting if not exercised.

• See chapter 19 for defined terms.

11/3/2002

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