ARROW MINERALS LTD — Director's Dealing 2021

Nov 25, 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: ARROW MINERALS LIMITED ABN: 49 112 609 846

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	Howard Golden
Date of last notice	25 June 2021

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	Indirect
Nature of indirect interest	Howard Golden and Ellen Louise Grote (jointly
(including registered holder)	held)
Note: Provide details of the circumstances giving rise to the relevant
interest.
**Date of change **	25November 2021
No. of securities held prior to change	11,333,333 ordinary shares
	500,000 unlisted options exercisable at $0.02
	expiring 22/08/2022
Class	(a) Unlisted Options at $0.009 expiring
	25/11/2024
	(b) Unlisted Options at $0.011 expiring
	25/11/2025
Number acquired	(a) 2,500,000
	(b) 2,500,000
Number disposed	Nil
Value/Consideration	(a) $8,000 non-cash
Note: If consideration is non-cash, provide details and estimatedvaluation	(b) $8,750 non-cash(valued using a Black & Scholes option price
	model as detailed in the Notice in relation to
	the Annual General Meetingheld 25/11/2021).

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	11,333,333 ordinary shares500,000 unlisted options exercisable at $0.02expiring 22/08/20222,500,000 unlisted options exercisable at$0.009 expiring 25/11/20242,500,000 unlisted options exercisable at $0.011expiring 25/11/2025
Nature of changeExample: on-market trade, off-market trade, exercise of options, issueof securities under dividend reinvestment plan, participation in buy-back	(a) and (b) Acquisition of Unlisted Options asapproved by shareholders at the Company’sAnnual General Meeting held 25/11/2021.

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	Detail of contract	Detail of contract	N/A	N/A	N/A	N/A
Nature of interest			N/A
Name of(if issued	registered holdersecurities)		N/A
Date of c	hange		N/A
No. and	class of securities to which		N/A
interest rNote: Detail	elated prior to changes are only required for a contract in
relation to w	hich the interest has changed
Interest a	cquired		N/A
Itt did			N/A
neres spose
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 contracts detailed above No traded during a[+] closed period where prior written clearance was required?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

If so, was prior written clearance provided to allow the trade toproceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

26 November 2021

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3