Announcement PDF 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 ADAVALE RESOURCES LIMITED ABN 96 008 719 015 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 David Ward Date of appointment 10 April 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 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 of Number & class of Securities interest Note: Provide details of the circumstances giving rise to the relevant interest. NIL + See chapter 19 for defined terms. 11/3/2002 Appendix 3X Page 1 Appendix 3X Initial Director’s Interest Notice 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 Non-Executive Director Nature of interest Direct & Indirect Name of registered holder (if issued securities) David Ward and/or his nominee No. and class of securities to Subject to shareholder approval, 30,000,000 Performance Rights are to be issued to Mr Ward. which interest relates Each performance right entitles Mr Ward to acquire an ordinary fully paid share in the Company, subject to applicable vesting conditions being satisfied. Tranche A (10,000,000) Performance Rights: the Company’s share price achieving a VWAP of $0.005 over a 20-day trading period; Tranche B (10,000,000) Performance Rights: the Company’s share price achieving a VWAP of $0.01 over a 20-day trading period; and Tranche C (10,000,000) Performance Rights: the Company’s share price achieving a VWAP of $0.015 over a 20-day trading period. + See chapter 19 for defined terms. Appendix 3X Page 2 11/3/2002