BANNERMAN ENERGY LTD — Director's Dealing 2021

Nov 21, 2021

ASX ANNOUNCEMENT 22 NOVEMBER 2021

The Manager

Company Announcements Office Australian Securities Exchange Limited Level 40, Central Park 152-158 St Georges Terrace Perth WA 6000

BANNERMAN ENERGY LTD - Announcement

Bannerman Energy Ltd (ASX: BMN) (“Company”) (“Bannerman”) lodges the following announcement:

• Appendix 3Y (Brandon Munro)

• Appendix 3Y (Clive Jones)

• Appendix 3Y (Ian Burvill)

Please feel free to contact me should you have any queries in relation to the announcement.

Yours sincerely

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Robert Orr

Company Secretary

Person who authorised the announcement: Robert Orr

Company Secretary

Bannerman Energy Ltd Suite 7, 245 Churchill Avenue, Subiaco, Western Australia 6008 PO Box 1973, Subiaco, Western Australia 6008

W bannermanenergy.com T +61 8 9381 1436 E info@bannermanenergy.com

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	Bannerman Energy Ltd
ABN	34 113 017 128

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	Brandon Munro
Date of last notice	19 October 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 (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Securities held by Sequoi Nominees Pty Ltd as trustee for Sequoi Trust, a trust in which Mr Munro has a relevant interest and Namib Nominees Pty Ltd as trustee for Namib Super Fund, a Super Fund in which Mr Munro has a relevant interest.
Date of change	22 November 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 prior to change	Indirect: Namib Nominees Pty Ltd 3,500,000 Fully Paid Ordinary Shares Sequoi Nominees Pty Ltd 4,282,931 Fully Paid Ordinary Shares 6,666,700 CEO Performance Rights vesting (subject to performance hurdles) on 15 November 2021 7,186,634 CEO Performance Rights vesting (subject to performance hurdles) on 15 November 2022 10,250,000 CEO Performance Rights vesting (subject to performance hurdles) on 15 November 2023
Class	Fully Paid Ordinary Shares and CEO Performance Rights
Number acquired	6,666,700 Fully Paid Ordinary Shares
Number disposed	6,666,700 CEO Performance Rights vesting (subject to performance hurdles) on 15 November 2021 102,500 CEO Performance Rights vesting (subject to performance hurdles) on 15 November 2023
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil
No. of securities held after change	Indirect: Namib Nominees Pty Ltd 3,500,000 Fully Paid Ordinary Shares Sequoi Nominees Pty Ltd 10,949,631 Fully Paid Ordinary Shares 7,186,634 CEO Performance Rights vesting (subject to performance hurdles) on 15 November 2022 10,147,500 CEO Performance Rights vesting (subject to performance hurdles) on 15 November 2023

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Nature of change Example: on-market trade, off-market trade, EIP - Performance Rights vesting and cancellation. exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

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
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	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

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?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

Date of this Notice: 22 November 2021

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

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	Bannerman Energy Ltd
ABN	34 113 017 128

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	Clive Jones
Date of last notice	26 October 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 (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Securities held by Widerange Corporation Pty Ltd a company in which Mr Jones has a relevant interest and Clive Jones as trustee for the Alyse Investment Trust, a trust in which Mr Jones has a relevant interest.
Date of change	22 November 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 prior to change	Indirect: Widerange Corporation Pty Ltd 11,995,401 Fully Paid Ordinary Shares Clive Jones 5,035,867 Fully Paid Ordinary Shares 833,300 Non-Executive Director Performance Rights (Unlisted)
Class	Fully Paid Ordinary Shares and Non-Executive Director Performance Rights (Unlisted)
Number acquired	833,300 Fully Paid Ordinary Shares
Number disposed	833,300 Non-Executive Director Performance Rights (Unlisted)
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	Indirect: Widerange Corporation Pty Ltd 11,995,401 Fully Paid Ordinary Shares Clive Jones 5,869,167 Fully Paid Ordinary Shares
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	NEDSIP – Performance Rights vesting

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.

01/01/2011 Appendix 3Y Page 3

Appendix 3Y Change of Director’s Interest Notice

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----- Start of picture text -----

No. and class of securities to which N/A
interest related prior to change
Note: Details are only required for a contract in
relation to which the interest has changed
Interest acquired N/A
Interest disposed N/A
Value/Consideration N/A
Note: If consideration is non-cash, provide details
and an estimated valuation
Interest after change N/A
----- End of picture text -----

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?	No
If so, was prior written clearance provided to allow the trade toproceed during thisperiod?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

Date of this Notice: 22 November 2021

• See chapter 19 for defined terms.

Appendix 3Y Page 4

01/01/2011

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	Bannerman Energy Ltd
ABN	34 113 017 128

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	Ian Burvill
Date of last notice	26 October 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
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.
Date of change	22 November 2021
No. of securities held prior to change	Direct: 1,823,600 Fully Paid Ordinary Shares 833,300 Non-Executive Director Performance Rights (Unlisted)

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Class	Fully Paid Ordinary Shares and Non-Executive Director Performance Rights (Unlisted)
Number acquired	833,300 Fully Paid Ordinary Shares
Number disposed	833,300 Non-Executive Director Performance Rights (Unlisted)
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil
No. of securities held after change	Direct: 2,656,900 Fully Paid Ordinary Shares
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	NEDSIP – Performance Rights vesting

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
Date of change	N/A
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	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

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?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

Date of this Notice: 22 November 2021

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3