ALARA RESOURCES LIMITED — Director's Dealing 2022

Jul 7, 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 Alara Resources Limited (AUQ) ABN 27 122 892 719

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	Stephen Gethin
Date of last notice	9 December 2020

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 or indirect interest	Direct or indirect interest	Direct or indirect interest	Direct	Direct	Direct	Direct
	Nature of indirect interest(including registered holder)Note: Provide details of the circumstancesgiving rise to the relevant interest.				N/A
					1 July 2022 – Exercise of 4 million options6 July 2022 – Disposal of 2.5 million shares
	Dat	e of change			1 July 2022 – Exercise of 4 m6 July 2022 – Disposal of 25		illion options
							million shares
						.
	No.	of securities hel	d prior to change		1 July – 4,0	00,000 options.
					6 July– 4,0	00,000 shares
	Cla	ss			1 July – 4,000,000 AUQAB options with aexercise rice of $003			nd
					p	.
					6 July – shares	4,000,000 AUQ o	rdinary, fully pai
	Nu	mber acquired			1 July – 4,000,000 AUQ ordinary, fully paishares			d
	Nu	mber disposed			6 July –	2,500,000 AUQ o	rdinary, fully pai	d
					shares
	ValNot	e/Consideratione: If consideration	is non-cash, pro	vide	1 July (acq6 July (disp	uisition) – $120,00osal) – $100,000.	0.0000
	deta	ils and estimated	valuation
	No.	of securities hel	after change		1 July – Ni– 4	AUQAB options.000000 AUQ ordi	nary fully paid
					,s	,hares	,
					6 July – 2,s	500,000 AUQ ordihares	nary, fully paid

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of change 1 July 2022 – Exercise of options Example: on-market trade, off-market trade, exercise of options, 6 July 2022 – Off-market sale of 2.5 million issueparticipation in buy-backof securities under dividend reinvestment plan, shares to an entity controlled by another KMP of the Company.

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 towhich interest related prior tochangeNote: Details are only required for a contract inrelation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

Were the interests in the securities or contractsdetailed above traded during a +closed periodwhere prior written clearance was required?	No
If so, was prior written clearance provided to allowthe trade to proceed during this period?	N/A
If prior written clearance was provided, on whatdate was this provided?	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011