AUSTRAL RESOURCES AUSTRALIA LTD — Director's Dealing 2022

May 11, 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	Michael HANSEL
Date of last notice	14 February 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	Indirect
Nature of indirect interest	Hamick Pty Ltd <Hansel Family A/C>
(including registered holder)	(Hamick)
Note: Provide details of the circumstances giving rise to the relevant
interest.
	Mr Hansel is a director and shareholder of
	the trustee and a beneficiary		of the
	registered holder trust.
	MHHGHoldingsPty	Ltd	<MKH
	Discretionary A/C> (MHHG)
	Mr Hansel is a director and shareholder of
	the trustee and a beneficiary		of the
	registered holder trust.
Date of change	12 May 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	400,000 Shares held by Hamick (300,000restricted until 5 August 2022)100,000 Shares held by MHHG restricteduntil 3 November 2023400,000OptionsheldbyHamickrestricted until 5 August 2022
Class	Shares - fully paid ordinary sharesOptions - unquoted options with anexercise price of $0.40 and expiry of 3November 2024PerformanceRights-unquotedperformance rights subject to KPI vestingconditions
Number acquired	1,603,350 Performance Rights
Number disposed	None
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$Nil
No. of securities held after change	400,000 Shares held by Hamick (300,000restricted until 5 August 2022)100,000 Shares held by MHHG restricteduntil 3 November 2023400,000OptionsheldbyHamickrestricted until 5 August 20221,603,350 Performance Rights held byMHHG
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back	Director remuneration as approved byshareholders on 12 May 2022.

• 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 whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed
Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation
Interest after change

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	Not applicable
If so, was prior written clearance provided to allow thetrade to proceed during this period?
If prior written clearance was provided, on what date wasthis provided?

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3