Announcement PDF Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Announcement Summary Entity name LAKE RESOURCES N.L. Date of this announcement Friday March 22, 2024 The +securities the subject of this notification are: +Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX Total number of +securities to be issued/transferred ASX +security code Security description LKEAF PERFORMANCE STOCK UNITS Total number of +securities to be issued/transferred Issue date 1,884,764 22/03/2024 Refer to next page for full details of the announcement Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 1/6 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Part 1 - Entity and announcement details 1.1 Name of entity LAKE RESOURCES N.L. We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities. 1.2 Registered number type Registration number ABN 49079471980 1.3 ASX issuer code LKE 1.4 The announcement is New announcement 1.5 Date of this announcement 22/3/2024 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 2/6 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Part 2 - Issue details 2.1 The +securities the subject of this notification are: +Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX 2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which: has an existing ASX security code ("existing class") Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 3/6 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Part 3B - number and type of +securities the subject of this notification (existing class) where issue has not previously been notified to ASX in an Appendix 3B ASX +security code and description LKEAF : PERFORMANCE STOCK UNITS Date the +securities the subject of this notification were issued 22/3/2024 Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class Yes Were any of the +securities issued to +key management personnel (KMP) or an +associate? No Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02589430-2A1409194 Any other information the entity wishes to provide about the +securities the subject of this notification Annual grant of PSU under the Employee Awards Plan Issue details Number of +securities 1,884,764 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 4/6 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Part 4 - +Securities on issue Following the issue, conversion or payment up of the +securities the subject of this notification, the +securities 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 issued and quoted on ASX) ASX +security code and description Total number of +securities on issue LKE : ORDINARY FULLY PAID 1,637,681,081 4.2 Unquoted +securities (Total number of each +class of +securities issued but not quoted on ASX) ASX +security code and description LKEAF : PERFORMANCE STOCK UNITS LKEAP : PERFORMANCE SHARES Total number of +securities on issue 24,995,155 7 LKEAO : OPTION EXPIRING 19-JAN-2025 EX $1.48 1,000,000 LKEAT : RESTRICTED STOCK UNIT 39,201,905 LKEAA : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES 23,223,244 LKEAS : OPTION EXPIRING 22-DEC-2025 EX $1.17 6,106,189 LKEAR : PERFORMANCE RIGHTS 6,703,500 LKEAQ : OPTION EXPIRING 25-OCT-2024 EX $0.565 2,000,000 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 5/6 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Part 5 - Other Listing Rule requirements 5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? Yes 5.1a Select the number of the applicable exception in Listing Rule 7.2 13 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 6/6