Notice of GM

BERKELEY ENERGIA LIMITED

NEWS RELEASE | 7 January 2020 | LSE / BdM / ASX : BKY

NOTICE OF GENERAL MEETING

Berkeley Energia Limited advises that a General Meeting of the Company will be held at the Conference Room, 28 The Esplanade Perth, Western Australia on Tuesday, 18 February 2020 at 11.00am (WST).

The Notice of General Meeting is available for download on the Company's website at https://www.berkeleyenergia.com/investor-relations/company-reports/.

New Long Term Employee Equity Incentive Plan and issue of incentive options to a Director

The Company will implement, subject to shareholder approval, a new long term employee equity incentive plan and issue 2,700,000 A$0.35 and 2,700,000 A$0.40 incentive options to key employees and consultants of the Company.

The Board has also resolved to issue incentive options, subject to shareholder approval, to Acting Managing Director, Mr Robert Behets as follows:

·; 1,000,000 incentive options exercisable at A$0.35 each on or before 31 December 2022; and

·; 1,000,000 incentive options exercisable at A$0.40 each on or before 31 December 2023.

For further information please contact:

Robert Behets Dylan Browne

Acting Managing Director CFO and Company Secretary

+61 8 9322 6322

[email protected]