AUSTRAL RESOURCES AUSTRALIA LTD — Director's Dealing 2022

Apr 13, 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 November 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	Direct and Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Yellow Gear Pty Ltd <Super Snake A/C>(Yellow Gear)Mr Jauncey is the sole director of thetrustee and beneficiary of the trust.Moose 2.0 Pty Ltd <The Moose A/C>(Moose)Mr Jauncey is the sole director andshareholder of the trustee and beneficiaryof the trust.
Date of change	14 April 2022

• 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	10,000,000Shareshelddirectly–7,210,000Sharesrestricteduntil3November 2023235,100,000 Shares held by Yellow Gear –169,507,028 Shares restricted until 3November 202322,268,750 Performance Rights held byMoose restricted until 3 November 2023
Class	Shares - fully paid ordinary sharesPerformanceRights-unquotedperformance rights subject to KPI vestingconditions
Number acquired	5,567,187 Shares
Number disposed	5,567,187 Performance Rights
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$Nil
No. of securities held after change	10,000,000Shareshelddirectly–7,210,000Sharesrestricteduntil3November 20235,567,187 Shares held by Moose restricteduntil 3 November 2023235,100,000 Shares held by Yellow Gear –169,507,028 Shares restricted until 3November 202316,701,563 Performance Rights held byMoose restricted until 3 November 2023
Nature of changeExample: on-market trade, off-market trade, exercise of options, issueof securities under dividend reinvestment plan, participation in buy-back	Exercise of Performance Rights.

• 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