Change in Substantial Holding for Novonix Limited

Novonix Limited reported a change in substantial holding by YA II PN, Ltd. on October 14 and 15, 2025. The changes included the disposal of fully paid ordinary shares and the conversion of debt to fully paid ordinary shares under the Funding Agreement between Novonix Limited and YA II PN, Ltd. The total number of votes attached to the voting shares held by YA II PN, Ltd. increased from 87,358,939 (11.03%) to 94,360,338 (11.23%). The transactions involved significant financial considerations, including $24,805,374 for the disposal of shares and $11,299,432 for another disposal. The filing provides detailed information on the changes in relevant interests and the present relevant interests of YA II PN, Ltd.