AKORA RESOURCES LIMITED — Director's Dealing 2022

Sep 4, 2022

Appendix 3Y Change of Director’s Interest Notice

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 AKORA RESOURCES LIMITED ABN 90 139 847 555

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	Paul Gerard Bibby
Date of last notice	16 August 2022

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	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	-
Date of change	31 August 2022
No. of securities held prior to change	Direct 1,539,758 shares Indirect 282,201 shares (P&J Bibby Pension Fund) 50,000 unlisted options at an exercise price of 30 cents at any time before 7/12/22 Direct 400,000 45 cent options vesting on 17 May 2023 and expiring on 17 May 2026 400,000 55 cent options vesting on 17 May 2024 and expiring on 17 May 2026 400,000 65 cent options vesting on 17 May 2025 and expiring on 17 May 2026
Class

• See chapter 19 for defined terms.

01/01/2011

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Appendix 3Y Change of Director’s Interest Notice

Number acquired	40,000 ordinary shares
Number disposed	-
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	18.38 cents per ordinary share
No. of securities held after change	Direct 1,579,758 shares Indirect 50,000 unlisted options at an exercise price of 30 cents exercisable at any time up to 7/12/22 Direct 400,000 45 cent options vesting on 17 May 2023 and expiring on 17 May 2026 400,000 55 cent options vesting on 17 May 2024 and expiring on 17 May 2026 400,000 65 cent options vesting on 17 May 2025 and expiringon 17 May2026
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 purchase of ordinary shares

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
Date of change	N/A
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 3