• Offer of 1 Loyalty Option for every 10 Shares held by Eligible Shareholders
• Loyalty Options exercisable at A$0.05 per Share, expiring 3 years from issue
• Offer made to recognize invaluable support from shareholders

Lake Resources N.L. (ASX:LKE) has announced that it has lodged a prospectus in relation to a pro-rata, non-renounceable bonus offer of options to acquire shares in the Company ('Loyalty Options') to Eligible Shareholders. The offer is on the basis of one (1) Loyalty Option for every ten (10) fully paid ordinary shares held at 7:00pm (AEST) on the Record Date. Each Loyalty Option will be issued for nil consideration and will be exercisable at A$0.05, expiring at 5:00pm (AEST) on the date that is three years from the date of issue. The purpose of the Offer is to recognize the invaluable support the Company has received from its shareholders, and to reward existing Eligible Shareholders by making a bonus loyalty offer for nil consideration. Funds received by the Company from the exercise of any Loyalty Options are intended to be applied to operating and general corporate expenditure as required to continue progressing multiple activities in relation to the Kachi Project. The indicative timetable for the issue of the Loyalty Options is provided, with the Loyalty Options expected to be quoted on the ASX from 27 October 2025, subject to meeting the ASX's minimum eligibility criteria for quotation.