AUSTRAL RESOURCES AUSTRALIA LTD — Director's Dealing 2022

Sep 14, 2022

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	Austral Resources Australia Ltd
ABN	50 142 485 470

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	Daniel JAUNCEY
Date of last notice	4 July 2022

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 (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Yellow Gear Pty Ltd (Yellow Gear) Mr Jauncey is the sole director of the trustee and beneficiary of the trust. Moose 2.0 Pty Ltd (Moose) Mr Jauncey is the sole director and shareholder of the trustee and beneficiary of the trust.
Date of change	15 September 2022

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	13,543,409 Shares held directly – 7,210,000 Shares restricted until 3 November 2023 5,567,187 Shares held by Moose, restricted until 3 November 2023 235,100,000 Shares held by Yellow Gear – 169,507,028 Shares restricted until 3 November 2023 16,701,563 Performance Rights held by Moose, restricted until 3 November 2023
Class	Shares - fully paid ordinary shares Performance Rights - unquoted performance rights subject to KPI vesting conditions
Number acquired	None
Number disposed	2,226,876 Performance Rights
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$Nil
No. of securities held after change	13,543,409 Shares held directly – 7,210,000 Shares restricted until 3 November 2023 5,567,187 Shares held by Moose, restricted until 3 November 2023 235,100,000 Shares held by Yellow Gear – 169,507,028 Shares restricted until 3 November 2023 14,474,687 Performance Rights held by Moose, restricted until 3 November 2023
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Cancellation of Performance Rights. Shareholder approval sought for issue of 2,226,876 Performance Rights with revised KPI’s.

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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	Not applicable
Nature of interest
Name of registered holder (if issued securities)
Date of change
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed
Interest acquired
Interest disposed
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation
Interest after change

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?	Not applicable
If so, was prior written clearance provided to allow the trade to proceed during this period?
If prior written clearance was provided, on what date was this provided?

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3