ARROW MINERALS LTD — Director's Dealing 2024

Feb 22, 2024

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	David Flanagan
Date of last notice	15 February 2024

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	Synthafifax Pty Ltd <Alchemy Superannuation
(including registered holder)	Fund> (Mr Flanagan is a beneficiary)
Note: Provide details of the circumstances giving rise to the relevant
interest.
Date of change	23 February 2024

• 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 prior to change		DirectMr David Flanagan :775,000,000 unlisted zero strike price optionswith no vesting conditions expiring 15 February2027^30,000,000 unlisted zero strike price optionswith vesting conditions expiring 15 February2028 (Tranche 1)^30,000,000 unlisted zero strike price optionswith vesting conditions expiring 15 February2028 (Tranche 2)^30,000,000 unlisted zero strike price optionswith vesting conditions expiring 15 February2028 (Tranche 3)^^ If the holder exercises any Options before12/06/2024 (Escrow Period), any Shares issuedupon the exercise of such Options will besubject to voluntary escrow for the balance ofthe Escrow Period.
Class		Ordinary Shares
Number acquired		175,000,000
Number disposed		Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation		$0.001 per share

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

		Change	Change	Change	Appendix 3Yof Director’s Interest Notice
	No. of securities held af	ter change		Direct
				Mr Davi87,500,0	d Flanagan :00 ordinary shares
				775,000with no	,000 unlisted zero strike price optionvesting conditions expiring 15 Februa
				2027^
				30,000,0with ve	00 unlisted zero strike price optionsting conditions expiring 15 Februa
				2028 (T	ranche 1)^
				30,000,0	00 unlisted zero strike price option
				with ve	sting conditions expiring 15 Februa
				2028 (T	ranche 2)^
				30,000,0with ve	00 unlisted zero strike price optionsting conditions expiring 15 Februa
				2028 (T	ranche 3)^
				Indirec	t
				Synthaf	ifax Pty Ltd <Alchemy Superannuatio
				Fund>:
	Nature of changeExample: on-market trade, off-market trade, exercise of options, issueof securities under dividend reinvestment plan, participation in buy-back			Participation in Tranche 2 Placement, asapproved by shareholders at the Company’sgeneral meeting held 15 February 2024(Resolution 3). Note, this transaction waspreviously disclosed in Part 3 of the Appendix3X for David Flanagan dated 15February2024.

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

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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	N/A	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation	N/A

Part 3 –[+] Closed period

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

Released: 23 February 2024

• See chapter 19 for defined terms.

Appendix 3Y Page 4

01/01/2011