Announcement PDF ASIA 42449558 v10 Notice of Annual General Meeting and Explanatory Memorandum Lake Resources N.L. (ACN 079 471 980) Date of Meeting: 19 November 2026 Time of Meeting: 9:00am (Brisbane time) (which is 10:00am AEDT) Address: The Boardroom BDO Level 18, 360 Queen Street Brisbane Qld 4000 Virtual location: Zoom Webinar This Notice of Meeting should be read in its entirety. If Shareholders are in doubt as to how they should vote, they should seek advice from their professional advisers prior to voting. Venue and Voting Information ASIA 42449558 v10 Venue and Voting Information The Annual General Meeting of the Shareholders to which this Notice of Meeting relates will be held at 9:00am (Brisbane time) (which is 10:00am AEDT) on 19 November 2026 at The Boardroom, BDO, Level 18, 360 Queen Street, Brisbane QLD 4000 and also as a hybrid virtual meeting (AGM or Meeting). The Company is pleased to provide shareholders with the opportunity to attend and participate in the meeting virtually (in addition to the ability to attend at the physical location) through an online meeting platform powered by Automic, where shareholders will be able to watch, listen, ask questions and vote online. Shareholders that have an existing account with Automic will be able to watch, listen and vote online. Shareholders who do not have an account with Automic are strongly encouraged to register for an account as soon as possible and well in advance of the Meeting to avoid any delays on the day of the Meeting. An account can be created via the following link investor.automic.com.au and then clicking on “register” and following the prompts. Shareholders will require their holder number (Securityholder Reference Number (SRN) or Holder Identification Number (HIN)) to create an account with Automic. To access the virtual meeting on the day: 1. Open your internet browser and go to investor.automic.com.au. 2. Login with your username and password or click “register” if you haven’t already created an account. Shareholders are encouraged to create an account prior to the start of the meeting to ensure there is no delay in attending the virtual meeting. 3. After logging in, a banner will display at the bottom of your screen to indicate that the meeting is open for registration, click on “Register” when this appears. Alternatively, click on “Meetings” on the left-hand menu bar to join the meeting. 4. Click on “Join Meeting” and follow the prompts on screen to register and vote. 5. When the Chair of the Meeting declares the poll open, select the “Voting” dropdown menu on the right-hand side of your screen. 6. Select either the “Full” or “Allocate” option to access your electronic voting card. 7. Follow the prompts to record your voting direction for each Resolution and click “Submit votes”. For allocated votes, the number of votes submitted must not exceed your remaining available units. Important: Votes cannot be amended once submitted. Shareholders will be able to vote and ask questions at the meeting, whether they attend in person or virtually (for how to ask questions virtually, see the “Voting virtually at the Meeting” section of this Notice of Meeting below). Shareholders are also encouraged to submit questions in advance of the Meeting to the Company. Questions must be submitted in writing to Investor Relations at investorrelations@lakeresources.com.au by 9:00am (Brisbane time) on 18 November 2026, being the day prior to the Meeting. The Company will also provide Shareholders with the opportunity to ask questions during the Meeting in respect to the formal items of business as well as general questions in respect to the Company and its business. Your vote is important The business of the Annual General Meeting affects your shareholding, and your vote is important. Venue and Voting Information ASIA 42449558 v10 Voting in person To vote in person, attend the Meeting on the date and at the place set out above. Voting virtually at the Meeting Shareholders who wish to vote virtually on the day of the AGM will need to login to the online meeting platform powered by Automic. For further information on the live voting process please see the Registration and Voting Guide at https://www.automicgroup.com.au/virtual-agms/. Voting by proxy A member entitled to attend and vote at the Meeting may appoint a proxy. The person appointed as a proxy may be an individual or a body corporate. If entitled to cast two or more votes, the member may appoint one or two proxies. Where two proxies are appointed, each proxy may be appointed to represent a specific proportion of the member’s voting rights. If the proportion is not specified, each proxy may exercise half of the member’s voting rights. Fractional votes will be disregarded. Please read carefully the instructions on the Proxy Form and consider how you wish to direct the proxy to vote on your behalf. You may direct the proxy to vote “for”, “against” or “abstain” from voting on each Resolution or you may leave the decision to the appointed proxy after discussion at the meeting. A proxy need not be a member of the Company. The Proxy Form must be signed by the member or the member’s attorney. Proxies given by corporations must be signed in accordance with the corporation’s constituent documents, or as authorised by the Corporations Act. To vote by proxy, please use one of the following methods: Online Lodge the Proxy Form online at https://investor.automic.com.au/#/loginsah by following the instructions: Login to the Automic website using the holding details as shown on the Proxy Form. Click on ‘View Meetings’ – ‘Vote’. To use the online lodgment facility, Shareholders will need their holder number (Securityholder Reference Number (SRN) or Holder Identification Number (HIN)) as shown on the front of the Proxy Form. For further information on the online proxy lodgment process please see the Online Proxy Lodgment Guide at https://www.automicgroup.com.au/virtual-agms/ By post Automic, GPO Box 5193, Sydney NSW 2001 By hand Automic, Level 5, 126 Phillip Street, Sydney NSW 2000 Your Proxy Form must be received not later than 48 hours before the commencement of the Meeting. Proxy Forms received later than this time will be invalid. Power of Attorney If the Proxy Form is signed under a power of attorney on behalf of a shareholder, then the attorney must make sure that either the original power of attorney or a certified copy is sent with the Proxy Form, unless the attorney has already provided it to the Share Registry. Corporate Representatives If a representative of a corporate shareholder or a corporate proxy will be attending the Meeting, the representative should provide the Share Registry with adequate evidence of their appointment, unless this has previously been provided to the Share Registry. Venue and Voting Information ASIA 42449558 v10 Technical difficulties If there is a technical difficulty affecting any online participants: (a) where the vast majority of members still have a reasonable opportunity to participate in person or virtually as outlined above, the Chair may continue to hold the meeting and transact business, including conducting a poll and voting in accordance with valid proxy instructions; or (b) where the members, as a whole, are not able to participate in any part of the meeting, the Chair must, subject to the Corporations Act 2001 (Cth), adjourn the meeting for a reasonable period of time as may be required to fix the technology or adjourn the meeting to another date, time and location. Members concerned about technical difficulties are encouraged to lodge a directed proxy by 48 hours before the commencement of the Meeting even if they plan to join the online meeting platform and participate online. Submitting Questions Shareholders are encouraged to submit any questions they may have in writing to Investor Relations at investorrelations@lakeresources.com.au by 9:00am on 18 November 2026, the day prior to the meeting. Eligibility to vote - Record Date Regulation 7.11.37 of the Corporations Regulations 2001 (Cth) permits the Company to specify a time, not more than 48 hours before the Meeting, at which time a ‘snapshot’ of Shareholders will be taken for the purposes of determining Shareholder entitlements to vote at the Meeting. The Directors have determined such time will be 7:00pm AEDT on 17 November 2026 (Record Date). Transfers registered after this time will be disregarded in determining entitlements to attend and vote at the AGM. Voting Intentions of the Chair Shareholders should be aware that any undirected proxies given to the Chair will be cast by the Chair and counted in favour of the Resolutions from 1 to 9 (noting that, for Resolution 1, this is subject to the voting restriction in section 250R(4) of the Corporations Act described below) and in each case subject to compliance with the Corporations Act. In exceptional circumstances, the Chair may change his voting intention on any Resolution, in which case an ASX announcement will be made. Notice of Annual General Meeting ASIA 42449558 v10 Notice is given that the Annual General Meeting of Shareholders of Lake Resources N.L. (ACN 079 471 980) (Company) will be held as a hybrid meeting, on 19 November 2026 at 9:00am (Brisbane time). Terms used in this Notice of Meeting are defined in section 8 (Interpretation) of the accompanying Explanatory Memorandum. The vote on each Resolution set out in this Notice of Meeting will be decided on a poll in accordance with section 250JA(1)(a) of the Corporations Act 2001 (Cth). Agenda Ordinary business Financial Reports To receive and consider the Company’s Annual Report comprising the Directors’ Report and Auditors’ Report, Directors’ Declaration, Consolidated Statement of Profit or Loss and other Comprehensive Income, Consolidated Statement of Financial Position, Consolidated Statement of Changes in Equity, Consolidated Statement of Cash Flows and Notes to the Consolidated Financial Statements to and forming part of the financial statements for the Company for the financial year ended 30 June 2026. 1. Remuneration Report To consider and, if thought fit, pass the following Resolution, with or without amendment, as an Advisory Resolution of the Company: “That the Remuneration Report for the year ended 30 June 2026 (as set out in the Directors Report) is adopted.” The vote on this Resolution 1 is advisory only and does not bind the Directors or the Company. Voting restriction pursuant to section 250R (4) of the Corporations Act A vote on this Resolution 1 must not be cast (in any capacity) by or on behalf of either of the following persons: • a member of the Key Management Personnel (KMP) details of whose remuneration are included in the Remuneration Report; and • a Closely Related Party of such a member. However, the above persons may cast a vote on Resolution 1 if: • the person does so as a proxy; • vote is not cast on behalf of a member of the KMP details of whose remuneration are included in the Remuneration Report or a Closely Related Party of such a member; and • either: Notice of Annual General Meeting ASIA 42449558 v10 - the voter is appointed as a proxy by writing that specifies the way the proxy is to vote on the Resolution; or - the voter is the Chair of the meeting and the appointment of the Chair as proxy: o does not specify the way the proxy is to vote on the Resolution; and o expressly authorises the Chair to exercise the proxy even if the Resolution is connected directly or indirectly with the remuneration of a member of the KMP for the Company or, if the Company is part of a consolidated entity, for the entity. Voting intention of the Chair Shareholders should be aware that any undirected proxies given to the Chair will be cast by the Chair and counted in favour of Resolution 1, subject to compliance with the Corporations Act. In exceptional circumstances, the Chair may change his voting intention on any Resolution, in which case an ASX announcement will be made. Further details in relation to the ability of the Chair to vote on undirected proxies are set out in the accompanying Proxy Form. 2. Re-election of Stuart Crow as a Non-Executive Director To consider and, if thought fit, pass the following Resolution, with or without amendment, as an Ordinary Resolution of the Company: “That Stuart Crow, who retires by rotation in accordance with Rule 9.1(f) of the Company’s Constitution and, being eligible, offers himself for re-election, be re-elected as a Non-Executive Director.” Voting intention of the Chair Shareholders should be aware that any undirected proxies given to the Chair will be cast by the Chair and counted in favour of Resolution 2, subject to compliance with the Corporations Act. In exceptional circumstances, the Chair may change his voting intention on any Resolution, in which case an ASX announcement will be made. Further details in relation to the ability of the Chair to vote on undirected proxies are set out in the accompanying Proxy Form. Notice of Annual General Meeting ASIA 42449558 v10 Special Business 3. Approval of Additional Placement Facility To consider and, if thought fit, pass, with or without amendment, the following Resolution as a Special Resolution of the Company: “That, for the purposes of Listing Rule 7.1A and for all other purposes, approval is given for the Company to issue Equity Securities totaling up to 10% of the issued capital of the Company (at the time of issue) calculated in accordance with the formula prescribed in Listing Rule 7.1A.2 and otherwise on the terms and conditions in the Explanatory Memorandum.” Voting Exclusion Statement The Company will disregard any votes cast in favour of this Resolution 3 by or on behalf of a person who is expected to participate in the proposed issue or who will obtain a material benefit as a result of the proposed issue of securities (except a benefit solely in the capacity of a holder of ordinary securities in the entity) or any of their respective associates or nominees. However, this does not apply to a vote cast in favour of this Resolution 3 by: • a person as a proxy or attorney for a person who is entitled to vote on the Resolution, in accordance with directions given to the proxy or attorney to vote on the Resolution in that way; • the Chair of the meeting as proxy or attorney for a person who is entitled to vote on the Resolution, in accordance with a direction given to the Chair to vote on the Resolution as the Chair decides; or • a holder acting solely in a nominee, trustee, custodial or other fiduciary capacity on behalf of a beneficiary provided the following conditions are met: - the beneficiary provides written confirmation to the holder that the beneficiary is not excluded from voting, and is not an associate of a person excluded from voting, on the Resolution; and - the holder votes on the Resolution in accordance with directions given by the beneficiary to the holder to vote in that way. At the date of this Notice, the Company is not proposing to make an issue of Equity Securities under Listing Rule 7.1A.2. Accordingly, no votes are currently anticipated to be excluded for the purposes of Listing Rules 7.3A.7 and 14.11. Voting Intention of the Chair Shareholders should be aware that any undirected proxies given to the Chair will be cast by the Chair and counted in favour of this Resolution 3, subject to compliance with the Corporations Act. In exceptional circumstances, the Chair may change his voting intention on any Resolution, in which case an ASX announcement will be made. Further details, in relation to the ability of the Chair to vote on undirected proxies are set out in the accompanying Proxy Form. Notice of Annual General Meeting ASIA 42449558 v10 4. Ratification of Prior Issue of 63,500,000 Shares to Acuity Capital To consider and, if thought fit, pass the following Resolution, with or without amendment, as an Ordinary Resolution of the Company: “That for the purposes of ASX Listing Rule 7.4 and for all other purposes, the Shareholders ratify the allotment and prior issue of 63,500,000 fully paid ordinary shares on 13 August 2026 at an issue price of $0.0598 per share to Acuity Capital Investment Management Pty Ltd (ACN 132 459 093) using the Company’s available placement capacity subject to ASX Listing Rule 7.1A issued on the terms and conditions set out in the Explanatory Memorandum accompanying this Notice of Meeting.” Voting exclusion statement The Company will disregard any votes cast in favour of Resolution 4 by or on behalf of Acuity Capital Investment Management Pty Ltd (ACN 132 459 093) or any of their associates. However, the Company will not disregard any votes cast in favour of Resolution 4 by: • a person as a proxy for a person who is entitled to vote on the Resolution, in accordance with the directions given to the proxy or attorney to vote on the Resolution in that way; or • the Chair, as a proxy or attorney for a person who is entitled to vote on the Resolution, in accordance with a direction given to the Chair to vote on the Resolution as the Chair decides; or • a holder acting solely in a nominee, trustee, custodial or other fiduciary capacity on behalf of a beneficiary provided the following conditions are met: - the beneficiary provides written confirmation to the holder that the beneficiary is not excluded from voting, and is not an associate of a person excluded from voting, on the Resolution; and - the holder votes on the Resolution in accordance with directions given by the beneficiary to the holder to vote in that way. Voting intention of the Chair Shareholders should be aware that any undirected proxies given to the Chair will be cast by the Chair and counted in favour of the Resolutions the subject of this Meeting including Resolution 4 subject to compliance with the Corporations Act. In exceptional circumstances, the Chair may change his voting intention on any Resolution, in which case an ASX announcement will be made. Further details, in relation to the ability of the Chair to vote on undirected proxies are set out in the accompanying Proxy Form. 5. Ratification of Prior Issue of 26,500,000 Shares to Acuity Capital To consider and, if thought fit, pass the following Resolution, with or without amendment, as an Ordinary Resolution of the Company: “That for the purposes of ASX Listing Rule 7.4 and for all other purposes, the Shareholders ratify the allotment and prior issue of 26,500,000 fully paid ordinary shares on 13 August 2026 at an issue price of $0.0415 per share to Acuity Capital Investment Management Pty Ltd (ACN 132 459 093) using the Company’s available placement capacity subject to ASX Listing Rule 7.1A issued on the terms and conditions set out in the Explanatory Memorandum accompanying this Notice of Meeting.” Notice of Annual General Meeting ASIA 42449558 v10 Voting exclusion statement The Company will disregard any votes cast in favour of Resolution 5 by or on behalf of Acuity Capital Investment Management Pty Ltd (ACN 132 459 093) or any of their associates. However, the Company will not disregard any votes cast in favour of Resolution 5 by: • a person as a proxy for a person who is entitled to vote on the Resolution, in accordance with the directions given to the proxy or attorney to vote on the Resolution in that way; or • the Chair, as a proxy or attorney for a person who is entitled to vote on the Resolution, in accordance with a direction given to the Chair to vote on the Resolution as the Chair decides; or • a holder acting solely in a nominee, trustee, custodial or other fiduciary capacity on behalf of a beneficiary provided the following conditions are met: - the beneficiary provides written confirmation to the holder that the beneficiary is not excluded from voting, and is not an associate of a person excluded from voting, on the Resolution; and - the holder votes on the Resolution in accordance with directions given by the beneficiary to the holder to vote in that way. Voting intention of the Chair Shareholders should be aware that any undirected proxies given to the Chair will be cast by the Chair and counted in favour of the Resolutions the subject of this Meeting including Resolution 5 subject to compliance with the Corporations Act. In exceptional circumstances, the Chair may change his voting intention on any Resolution, in which case an ASX announcement will be made. Further details, in relation to the ability of the Chair to vote on undirected proxies are set out in the accompanying Proxy Form. 6. Ratification of Prior Issue of 67,500,000 Shares to Acuity Capital To consider and, if thought fit, pass the following Resolution, with or without amendment, as an Ordinary Resolution of the Company: “That for the purposes of ASX Listing Rule 7.4 and for all other purposes, the Shareholders ratify the allotment and prior issue of 67,500,000 fully paid ordinary shares on 25 September 2026 at an issue price of $0.0445 per share to Acuity Capital Investment Management Pty Ltd (ACN 132 459 093) using the Company’s available placement capacity subject to ASX Listing Rule 7.1A issued on the terms and conditions set out in the Explanatory Memorandum accompanying this Notice of Meeting.” Voting exclusion statement The Company will disregard any votes cast in favour of Resolution 6 by or on behalf of Acuity Capital Investment Management Pty Ltd (ACN 132 459 093) or any of their associates. However, the Company will not disregard any votes cast in favour of Resolution 6 by: • a person as a proxy for a person who is entitled to vote on the Resolution, in accordance with the directions given to the proxy or attorney to vote on the Resolution in that way; or Notice of Annual General Meeting ASIA 42449558 v10 • the Chair, as a proxy or attorney for a person who is entitled to vote on the Resolution, in accordance with a direction given to the Chair to vote on the Resolution as the Chair decides; or • a holder acting solely in a nominee, trustee, custodial or other fiduciary capacity on behalf of a beneficiary provided the following conditions are met: - the beneficiary provides written confirmation to the holder that the beneficiary is not excluded from voting, and is not an associate of a person excluded from voting, on the Resolution; and - the holder votes on the Resolution in accordance with directions given by the beneficiary to the holder to vote in that way. Voting intention of the Chair Shareholders should be aware that any undirected proxies given to the Chair will be cast by the Chair and counted in favour of the Resolutions the subject of this Meeting including Resolution 6 subject to compliance with the Corporations Act. In exceptional circumstances, the Chair may change his voting intention on any Resolution, in which case an ASX announcement will be made. Further details, in relation to the ability of the Chair to vote on undirected proxies are set out in the accompanying Proxy Form. 7. Approval to grant Restricted Stock Units to Dr. Robert Trzebski under the Employee Awards Plan for calendar year 2025 To consider and, if thought fit, pass the following Resolution, with or without amendment, as an Ordinary Resolution of the Company: “That for the purposes of ASX Listing Rule 10.14 and for all other purposes, Shareholders approve the grant of 2,335,052 Restricted Stock Units to Dr. Robert Trzebski (or his nominee) under the Employee Awards Plan on the terms as set out in the Explanatory Memorandum.” Voting exclusion statement The Company will disregard any votes cast in favour of Resolution 7 by or on behalf of: • a person referred to in Rule 10.14.1, 10.14.2 or 10.14.3 who is eligible to participate in the employee incentive scheme in question; and • an associate of those persons. However, this does not apply to a vote cast in favour of this Resolution by: • a person as a proxy for a person who is entitled to vote on the Resolution, in accordance with the directions given to the proxy or attorney to vote on the Resolution in that way; or • the Chair of the meeting as proxy or attorney for a person who is entitled to vote on the Resolution, in accordance with a direction given to the Chair to vote on the Resolution as the Chair decides; or • a holder acting solely in a nominee, trustee, custodial or other fiduciary capacity on behalf of a beneficiary provided the following conditions are met: Notice of Annual General Meeting ASIA 42449558 v10 - the beneficiary provides written confirmation to the holder that the beneficiary is not excluded from voting, and is not an associate of a person excluded from voting, on the Resolution; and - the holder votes on the Resolution in accordance with directions given by the beneficiary to the holder to vote in that way. Voting restriction pursuant to section 250BD of the Corporations Act As Resolution 7 is connected directly or indirectly with the remuneration of a member of the KMP for the Company (or, if the Company is a consolidated entity, for the entity), pursuant to section 250BD of the Corporations Act, a vote on Resolution 7 must not be cast by: • any member of the KMP for the Company (or, if the Company is a consolidated entity, for the entity); or • a Closely Related Party of such KMP, who is appointed as a Shareholder’s proxy, on the basis of that appointment, where the Shareholder does not specify in writing the way the proxy is to vote on this Resolution 7. However, the Company need not disregard a vote on this Resolution 7 if it is cast by the person chairing the meeting as proxy for a person who is entitled to vote and the Shareholder expressly authorises the person chairing the meeting to exercise the proxy even if this Resolution 7 is connected directly or indirectly with the remuneration of a member of the KMP for the Company, or if the Company is part of a consolidated entity, for the entity. 8. Approval to grant Restricted Stock Units to Mr. Stuart Crow under Employee Awards Plan for calendar year 2025 To consider and, if thought fit, pass the following Resolution, with or without amendment, as an Ordinary Resolution of the Company: “That for the purposes of ASX Listing Rule 10.14 and for all other purposes, Shareholders approve the grant of 2,335,052 Restricted Stock Units to Mr. Stuart Crow (or his nominee) under the Employee Awards Plan on the terms as set out in the Explanatory Memorandum.” Voting exclusion statement The Company will disregard any votes cast in favour of Resolution 8 by or on behalf of: • a person referred to in Rule 10.14.1, 10.14.2 or 10.14.3 who is eligible to participate in the employee incentive scheme in question; and • an associate of those persons. However, this does not apply to a vote cast in favour of this Resolution by: • a person as a proxy for a person who is entitled to vote on the Resolution, in accordance with the directions given to the proxy or attorney to vote on the Resolution in that way; or • the Chair of the meeting as proxy or attorney for a person who is entitled to vote on the Resolution, in accordance with a direction given to the Chair to vote on the Resolution as the Chair decides; or Notice of Annual General Meeting ASIA 42449558 v10 • a holder acting solely in a nominee, trustee, custodial or other fiduciary capacity on behalf of a beneficiary provided the following conditions are met: - the beneficiary provides written confirmation to the holder that the beneficiary is not excluded from voting, and is not an associate of a person excluded from voting, on the Resolution; and - the holder votes on the Resolution in accordance with directions given by the beneficiary to the holder to vote in that way. Voting restriction pursuant to section 250BD of the Corporations Act As Resolution 8 is connected directly or indirectly with the remuneration of a member of the KMP for the Company (or, if the Company is a consolidated entity, for the entity), pursuant to section 250BD of the Corporations Act, a vote on Resolution 8 must not be cast by: • any member of the KMP for the Company (or, if the Company is a consolidated entity, for the entity); or • a Closely Related Party of such KMP, who is appointed as a Shareholder’s proxy, on the basis of that appointment, where the Shareholder does not specify in writing the way the proxy is to vote on this Resolution 8. However, the Company need not disregard a vote on this Resolution 8 if it is cast by the person chairing the meeting as proxy for a person who is entitled to vote and the Shareholder expressly authorises the person chairing the meeting to exercise the proxy even if this Resolution 8 is connected directly or indirectly with the remuneration of a member of the KMP for the Company, or if the Company is part of a consolidated entity, for the entity. 9. Approval to grant Restricted Stock Units and Performance Stock Units to Mr. David Dickson under Employee Awards Plan for calendar year 2025 To consider and, if thought fit, pass the following Resolution, with or without amendment, as an Ordinary Resolution of the Company: “That for the purposes of ASX Listing Rule 10.14, sections 200B and 200E of the Corporations Act, and for all other purposes, Shareholders approve the grant of 15,567,010 Restricted Stock Units and 15,567,010 Performance Stock Units to Mr. David Dickson (or his nominee) under the Employee Awards Plan on the terms as set out in the Explanatory Memorandum.” Voting exclusion statement The Company will disregard any votes cast in favour of Resolution 9 by or on behalf of: • a person referred to in Rule 10.14.1, 10.14.2 or 10.14.3 who is eligible to participate in the employee incentive scheme in question; and • an associate of those persons. However, this does not apply to a vote cast in favour of this Resolution by: • a person as a proxy for a person who is entitled to vote on the Resolution, in accordance with the directions given to the proxy or attorney to vote on t