Announcement PDF Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Announcement Summary Entity name STRIKE ENERGY LIMITED Date of this announcement Friday December 08, 2023 The +securities the subject of this notification are: Other Total number of +securities to be issued/transferred ASX +security code New class - code to be confirmed Security description OPTIONS EXPIRING 31-MAR-2026 EX $0.60 Refer to next page for full details of the announcement Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 1/7 Total number of +securities to be issued/transferred Issue date 5,000,000 06/12/2023 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Part 1 - Entity and announcement details 1.1 Name of entity STRIKE ENERGY LIMITED 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 59078012745 1.3 ASX issuer code STX 1.4 The announcement is New announcement 1.5 Date of this announcement 8/12/2023 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 2/7 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 Please specify Please refer to Appendix 3B dated 28 November 2023 2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which: does not have an existing ASX security code ("new class") Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 3/7 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Part 3C - number and type of +securities the subject of this notification (new class) where issue has not previously been notified to ASX in an Appendix 3B New +securities ASX +security code +Security description New class - code to be confirmed OPTIONS EXPIRING 31-MAR-2026 EX $0.60 +Security type ISIN code Options Date the +securities the subject of this notification were issued 6/12/2023 Will all the +securities issued in this class rank equally in all respects from their issue date? Yes Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1? Yes Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. https://announcements.asx.com.au/asxpdf/20231019/pdf/05w7t030d4nh1b.pdf Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.60000000 31/3/2026 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option Other Description One fully paid ordinary share (ASX: STX) will be issued for every option exercised. Any other information the entity wishes to provide about the +securities the subject of this notification Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 4/7 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B Please refer to Appendix 3B dated 28 November 2023 Issue details Number of +securities 5,000,000 Were the +securities issued for a cash consideration? No Please describe the consideration being provided for the +securities Nil consideration Purpose of the issue Other Additional Details 5,000,000 options issued to director, Jill Hoffmann, pursuant to shareholder approval on 23 Nov 2023 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 5/7 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 application, the +securities of the entity will comprise: (A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.) 4.1 Quoted +Securities (Total number of each +class of +securities quoted) Total number of +securities on issue ASX +security code and description STX : ORDINARY FULLY PAID 2,539,297,384 4.2 Unquoted +Securities (Total number of each +class of +securities issued but not quoted on ASX) Total number of +securities on issue ASX +security code and description STXAI : PERFORMANCE RIGHTS 16,384,376 STXAA : CLASS A PERFORMANCE SHARES 6 STXAB : CLASS B PERFORMANCE SHARES 6 STXAE : OPTION EXPIRING 24-NOV-2025 EX $0.40 28,000,000 STXAD : OPTION EXPIRING 22-DEC-2024 EX $0.317 20,700,000 STXAF : OPTION EXPIRING 22-MAY-2025 EX $0.40 62,100,000 New class - code to be confirmed : OPTIONS EXPIRING 31-MAR-2026 EX $0.60 5,000,000 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 6/7 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 14 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 7/7