ARCHER MATERIALS LIMITED — Director's Dealing 2021

Jun 16, 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 ARCHER MATERIALS LIMITED ABN 64 123 993 233

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	Alice McCleary
Date of last notice	19 May 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 relevant interest.	N/A
Date of change	No change
No. of securities held prior to change	Nil
Class
Number acquired	Nil
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	n/a
No. of securities held after change	Nil
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	No change

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Direct or indirect interest	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Inverton Pty Ltd ATF the Alice McCleary Superannuation Fund. Alice McCleary is a beneficiary.
Date of change	17 June 2021
No. of securities held prior to change	2,700,761 fully paid ordinary shares 1,170,000 unlisted options, exercisable at 19.29 cents each and expiring on 31 March 2023.
Class	Fully paid ordinary shares Unlisted options
Number acquired	1,170,000 fully paid ordinary shares (from the exercise of unlisted options, exercisable at 19.29 cents each and expiring on 31 March 2023).
Number disposed	1,170,000 unlisted options exercisable at 19.29 cents each and expiring on 31 March 2023, were exercised.
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$0.1929 per share (being the exercise price for each option exercised)
No. of securities held after change	3,870,761 fully paid ordinary shares
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Fully paid ordinary shares issued following the exercise of unlisted options, exercisable at 19.29 cents each and expiring on 31 March 2023.

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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 whichtheinteresthas changed	N/A
Interest acquired	N/A
Interest disposed	N/A
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

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