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Capital Structure
| Class of Security | Quoted on ASX | Unlisted | Total |
| Fully paid, ordinary shares | 112,001,569 | 0 | 112,001,569 |
| Broker Options ($1.50, 20 September 2025)1 | – | 750,000 | 750,000 |
| Executive Options ($1.06, 4 October 2025)2 | – | 17,500,000 | 17,500,000 |
| Securities Incentive Plan (SIP)3 Options ($1.32, 30 November 2025)4 | – | 400,000 | 400,000 |
| SIP Options ($0.935, 10 August 2026)5 | – | 250,000 | 250,000 |
Note:
1 Refer LEL’s ASX Announcement dated 15 September 2022: Notification regarding unquoted securities – LEL
2 Refer LEL Announcement dated 5 October 2022: Notification regarding unquoted securities – LEL and Annexure B (Terms and Conditions of Executive Options) of LEL’s Notice of Annual General Meeting and Explanatory Statement dated 22 August 2022 and released on ASX on 2 September 2022
3 Refer LEL’s ASX Announcement dated 17 May 2022: Security Incentive Plan Terms
4 Refer LEL’s ASX Announcement dated 5 December 2022: Notification regarding unquoted securities
5 Refer LEL’s ASX Announcement dated 16 August 2023: Notification regarding unquoted securities – LEL
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