BELLEVUE GOLD LIMITED — Remuneration Information 2021

Dec 5, 2021

ASX Announcement 6 December 2021

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Issue of Performance Rights

Following the Company's Annual General Meeting held on 24 November 2021, Bellevue Gold Limited (ASX: BGL) advises that it has today issued 12,829,914 performance rights to senior executives of the Company under the terms of the Company's Employee Securities Incentive Plan. These performance rights include Annual LTI Performance Rights and Sustainability Performance Rights (the terms of which are detailed in the Company's notice of annual general meeting – refer to ASX announcement dated 25 October 2021).

Recipients of the performance rights include Executive Directors, Stephen Parsons and Michael Naylor, and the Company's recently appointed Chief Executive Officer, Mr Darren Stralow, who has commenced employment with the Company today. In addition to the performance rights detailed in the Company's ASX announcement dated 17 November 2021, Mr Stralow has been issued 1,108,521 Sustainability Performance Rights to align his incentive package with other executives.

For further information regarding the Performance Rights, please refer to the announcement titled "Notification regarding unquoted securities - BGL" lodged with the ASX today.

For further information regarding Bellevue Gold Limited please visit the ASX platform (ASX:BGL) or the Company’s website www.bellevuegold.com.au.

Authorised by the Managing Director.

Mr Steve Parsons Mr Luke Gleeson Mr Paul Armstrong Managing Director Head of Corporate Development Media enquiries - Read Corporate T: +61 8 6373 9000 T: +61 8 6373 9000 T: +61 8 9388 1474 E: admin@bellevuegold.com E: lgleeson@bellevuegold.com.au E: paul@readcorporate.com.au

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Principal & Registered Office Ground Floor 24 Outram Street WEST PERTH WA 6005

ASX: BGL ABN: 99 110 439 686 +61 8 6373 9000 investors@bellevuegold.com.au bellevuegold.com.au