ALICE QUEEN LIMITED — Director's Dealing 2021

Jun 27, 2021

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 Alice Queen Limited ABN 71 099 247 408

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	Dale McCabe
Date of last notice	31 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
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Not applicable
Date of change	25 June 2021
No. of securities held prior to change	Securities held Direct:•5,315,625unlistedoptionsoverordinary shares in the Company withan exercise price of $0.04 (4 cents)each, exercisable on or before 18December 2021.•8,705,563unlistedoptionsoverordinary shares in the Company withan exercise price of $0.045 (4.5 cents)each, exercisable on or before 20December 2022.
Class	Unlisted Options

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number acquired	8,000,000 Unlisted Options in the Companywith an exercise price of $0.05 (5 cents)each, exercisable anytime on or before 25June 2024. The options will vest on 25 June2022.
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	Nil consideration
No. of securities held after change	Securities held Direct:•5,315,625 unlisted options over ordinaryshares in the Company with an exerciseprice of $0.04 (4 cents) each, exercisableon or before 18 December 2021.•8,705,563 unlisted options over ordinaryshares in the Company with an exerciseprice of $0.045 (4.5 cents) each,exercisable on or before 20 December2022.•8,000,000 Unlisted Options in theCompany with an exercise price of $0.05(5 cents) each, exercisable anytime on orbefore 25 June 2024. The options willvest on 25 June 2022.
Nature of changeExample: on-market trade, off-market trade, exercise of options, issueof securities under dividend reinvestment plan, participation in buy-back	8,000,000 unlisted options over ordinaryshares in the Company were acquired inaccordance with a resolution as approved byShareholders at the Annual General Meetingof the Company held on 16 November 2020.

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	Nil
Nature of interest
Name of registered holder(if issued securities)
Date of change

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed Not Applicable above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the trade to proceed during this period? If prior written clearance was provided, on what date was this provided?

• See chapter 19 for defined terms.

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