KAROON ENERGY LTD DISCLOSUREInsider Transactions (Form 3/4/5)

Change of Director's Interest Notice

Appendix 3Y Change of Director’s Interest Notice + See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 1 Rule 3.19A.2 Appendix 3Y Change of 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 30/09/01 Amended 01/01/11 Name of entity Karoon Energy Ltd ABN 53 107 001 338 We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act. Name of Director Ms. Joanne Palmer Date of last notice 8 July 2025 Part 1 - Change of director’s relevant interests in securities 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. Direct or indirect interest Indirect interest Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest. Ms Joanne Claire Palmer <KISII SUPER FUND A/C> Date of change 8 September 2026 No. of securities held prior to change Direct interest – Ms Joanne Claire Palmer – 5,200 Ordinary Fully Paid Shares Indirect interest- Ms Joanne Claire Palmer <KISII SUPER FUND A/C> - 13,200 Ordinary Fully Paid Shares Class Ordinary Fully Paid Shares Number acquired 11,725 Number disposed N/A Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation $20,987.75 For personal use only Appendix 3Y Change of Director’s Interest Notice + See chapter 19 for defined terms. Appendix 3Y Page 2 01/01/2011 No. of securities held after change Direct interest – Ms Joanne Claire Palmer – 5,200 Ordinary Fully Paid Shares Indirect interest- Ms Joanne Claire Palmer <KISII SUPER FUND A/C> - 24,925 Ordinary Fully Paid Shares Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back On-market trade Part 2 – Change of director’s interests in contracts N