WA1 RESOURCES LTD — Director's Dealing 2025

Jul 9, 2025

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 entityWA1 Resources Ltd	Name of entityWA1 Resources Ltd	Name of entityWA1 Resources Ltd
	ABN51 646 878 631

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.

			Thomas Lyons	Thomas Lyons
	Name of Director		Thomas Lyons
	Date of last notice		8 November 2022

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 or indirect interest	Direct or indirect interest	Direct or indirect interest	Direct or indirect interest	Indirect	Indirect	Indirect	Indirect	Indirect
	Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.					NeranoHoldingsPtyLtd<NeranoInvestment A/C>. Nerano Holdings PtyLtd <Nerano SF A/C>.Mr Lyons is a director and shareholder ofNerano Holdings PtyLtd.
						Nerano Holdings		PtyLtd.
	Date of change
	No. of securities held prior to change					Nerano Holdings Pty Ltd <NeranoInvestment A/C>2,183,333 fully paid ordinary shares650,000 unlisted options (exercisable at$0.30; expire 1 November 2025)Nerano Holdings Pty Ltd <Nerano SFA/C>50,000 fully paid ordinaryshares
						$0.30; ex	pire 1 November		2025)
						NeranoA/C>0000 f	Holdings Pty Lllaid ordinar		td <Nerano SFshares
						5,	y p y
	Class					Fully pai	d ordinary shares
	Numb	er acquired				650,000
	Numb	er disposed				N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

	Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$195,000 paid on exercise of unlistedoptions	$195,000 paid on exercise of unlistedoptions	$195,000 paid on exercise of unlistedoptions
	No. of securities held after change	Nerano Holdings Pty Ltd <NeranoInvestment A/C>2,833,333 fully paid ordinary shares
		Nerano Holdings Pty Ltd <Nerano SF
		A/C>0000 full aid ordinar shares
		5, y p	y
	Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back	Exercise of unlisted 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	N/A
Name of registered holder(if issued securities)	N/A
Date of change	N/A
No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation	N/A
Interest after change	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	No
If so, was prior written clearance provided to allow thetrade to proceed during this period?	N/A
If prior written clearance was provided, on what date wasthis provided?	N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3