BANNERMAN ENERGY LTD — Director's Dealing 2021

Apr 28, 2021

ABN 34 113 017 128

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Suite 7, 245 Churchill Avenue Subiaco, WA 6008 T +61 8 9381 1436 E info@bannermanresources.com.au bannermanresources.com.au

29 April 2021

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

BMN ANNOUNCEMENT

Bannerman Resources Limited (ASX: BMN) (“ Company ”) lodges the following announcement.

 Appendix 3Y (Brandon Munro) 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

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 Resources Limited
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	15 December 2020

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 Namib Nominees Pty Ltd as trustee for Namib Super Fund, a Super Fund in which Mr Munro has a relevant interest.
Date of change	29 April 2021
No. of securities held prior to change	Indirect: Namib Nominees Pty Ltd 3,250,000 Fully Paid Ordinary Shares Sequoi Nominees Pty Ltd 14,282,931 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

• 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
Number acquired	250,000 Fully Paid Ordinary Shares
Number disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	A$32,500 (at $0.13 per share) Fully Paid Ordinary Shares
No. of securities held after change	Indirect: Namib Nominees Pty Ltd 3,500,000 Fully Paid Ordinary Shares Sequoi Nominees Pty Ltd 14,282,931 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
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	On market trade.

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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

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: 29 April 2021

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3