ALS LIMITED — Director's Dealing 2021

Jul 7, 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 ALS Limited (Company) ABN 92 009 657 489

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	Raj NARAN
Date of last notice	13 August 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 and indirect
Nature of indirect interest	Harsha Naran - Ability to
(including registered holder)	influence sale.
Note: Provide details of the circumstances giving rise to the relevant
interest.
Date of change	1 July 2021
No. of securities held prior to change	Direct
	47,173 ordinary shares
	175,425 ordinary shares (held under the
	terms of the Company’s LTI Plan)
	371,827 Performance Rights (includes grants
	made under the terms of the Company’s LTI
	Plan in 2018,2019 and 2020)
	30,658 Service Rights
	Indirect
	15,000 ordinary shares (held by Harsha
	Naran )
Class	Performance Rights
	Service Rights
	Ordinary shares

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

	Number acquired	Number acquired	Number acquired	Number acquired	Ordinary Shares – 131,582 (acquired onvesting of Performance Rights (100,924) andService Rights (30,658))	Ordinary Shares – 131,582 (acquired onvesting of Performance Rights (100,924) andService Rights (30,658))	Ordinary Shares – 131,582 (acquired onvesting of Performance Rights (100,924) andService Rights (30,658))	Ordinary Shares – 131,582 (acquired onvesting of Performance Rights (100,924) andService Rights (30,658))	Ordinary Shares – 131,582 (acquired onvesting of Performance Rights (100,924) andService Rights (30,658))	Ordinary Shares – 131,582 (acquired onvesting of Performance Rights (100,924) andService Rights (30,658))
	Number disposed				Performance Rights 103,725 (100,924 vestedand 2,801 forfeited)Service Rights – 30,658 vested
	Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedaluation			AcquiredOrdinary SharesNil as per the Company's LTI Plan(Estimated value based on the number ofPerformance Rights and Service Rights
					which vested, at the closing price ofordinary shares on the day of vesting, i.e.131,582 @ $12.86 = $1,692,144.52)Disposed (forfeit of Performance Rights)NilDisposed (vesting of Performance Rights)Estimated value based on the number ofPerformance Rights which vested, at theclosing price of ordinary shares on the day ofvesting,i.e.100,924@$12.86=$1,297,882.64Disposed (vesting of Service Rights)Estimated value based on the number of
					Spv	ervice Ririce ofesting, i.e	ghts which vestordinary shares. 30,658 @ $12.	ed, at the closon the day86 = $394,261.8	ingof8

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	Direct47,173 Ordinary shares307,007 Ordinary shares (held under theterms of the Company’s LTI Plan)268,102 Performance Rights (includes grantsmade under the terms of the Company’s LTIPlan in 2019 and 2020)Indirect15,000 ordinary shares (held by HarshaNaran )
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	AcquiredAcquisition of Ordinary shares on vesting ofPerformance Rights granted previously underthe Company's LTI PlanAcquisition of Ordinary shares on vesting ofService Rights granted previously underCompany’s STI PlanDisposedVesting and Forfeit of Performance Rightsgranted previously under the Company's LTIPlan and vesting of Service Rights.

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 in relationto which the interest has changed	N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

Appendix 3Y Change of Director’s Interest Notice

Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details andan estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

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

• See chapter 19 for defined terms.

Appendix 3Y Page 4

01/01/2011