APC MINERALS LIMITED — Director's Dealing 2021

May 12, 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 Australian Potash Limited ABN 58 149 390 394

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	Rhett Brans
Date of last notice	11 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	1. Direct2. Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	1. Not applicable2. Mr Rhett Boudewyn Brans &Mrs Monica Diwi Brans<R & M Brans Super Fund A/C>(a superannuation account associatedwith Mr Brans)
Date of change	13 May 2021
No. of securities held prior to change	1. 469,541 Tranche A Performance Rights469,541 Tranche B Performance Rights469,541 Tranche C Performance Rights2. 220,000 Ordinary fully paid shares99,688 Listed options expiring 8August2021@ $0.12
Class	a) Tranche A Performance Rightsb) Ordinary fully paid shares
Number acquired	b) 469,541
Number disposed	a) 469,541

• See chapter 19 for defined terms.

01/01/2011

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Appendix 3Y Change of Director’s Interest Notice

Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluationNo. of securities held after changeNature of changeExample: on-market trade, off-market trade, exercise of options, issueof securities under dividend reinvestment plan, participation in buy-back	Nil. 469,541 Ordinary fully paid sharesissued upon the exercise of 469,541Tranche A Performance Rights1. 469,541 Ordinary fully paid shares469,541 Tranche B Performance Rights469,541 Tranche C Performance Rights2. 220,000 Ordinary fully paid shares99,688 Listed options expiring 8August 2021 @ $0.12Exercise of Tranche A Performance Rightsupon vesting.

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 contractNature of interest	N/AN/A
Name of registered holder(if issued securities)	N/A
Date of change	N/A
No. and class of securities to whichinterest related prior to changeNote: 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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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.

01/01/2011

Appendix 3Y Page 3