Celsius Resources Limited — Director's Dealing 2021

Dec 7, 2021

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	Celsius Resources Limited
ABN	95 009 162 949

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	Blair Sergeant
Date of last notice	17 March 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 relevantinterest.	a) Evolution Capital Partners Pty Ltd<Golden Triangle A/C> (Director andBeneficiary)b) Rio Super Pty Ltd <Rio Grande DoNorteS/FA/C>(DirectorandBeneficiary)
Date of change	2-3 December 2021
No. of securities held prior to change	a) 3,000,000 Fully Paid Ordinary Shares16,000,000 Unlisted options exercisableat 1.2c per share on or before 4 August2023b) Nil
Class	(i)Performance Rights(ii)FullyPaid OrdinaryShares
Number acquired	(i)7,500,000 Performance Rights(ii)2,500,000 Fully Paid Ordinary Shares
Number disposed	(i)2,500,000 Performance Rights
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	Nil

• 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 after change	a) 3,000,000 Fully Paid Ordinary Shares
	16,000,000 Unlisted options exercisable
	at 1.2c per share on or before 4 August
	2023
	b) 2,500,000 Fully Paid Ordinary Shares
	2,500,000 Performance Rights expiring
	by 17 March 2022
	2,500,000 Performance Rights expiring
	17 March 2024
Nature of change	Director Performance Rights issued under an
Example: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Incentive Plan, approved by shareholders at theCompany’s AGM on 18 November 2021.
	Subsequent to the AGM, upon the completion of a
	positive Scoping Study on the MCB Project on 1
	December 2021, 2,500,000 Performance Rights
	vested and were converted into Fully Paid
	OrdinaryShares.

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	Celsius Anleck Share Sale Agreement signed 15 September
	2020
Nature of interest	Indirect
	Evolution Capital Partners Pty Ltd <Golden Triangle A/C>
	(Director and Beneficiary)
Name of registered holder	N/A
(if issued securities)
Date of change	N/A
No. and class of securities to which	3,000,000 deferred consideration shares to be issued subject to
interest related prior to change	milestones as set out in the Notice of Meeting announced on
Note: Details are only required for a contract in relation	24 December 2020.
to which the interest has changed
Interest acquired	Nil
Interest disposed	Nil
Value/Consideration	Nil
Note: If consideration is non-cash, provide details and an
estimated valuation
Interest after change	3,000,000 deferred consideration shares to be issued subject to
	milestones as set out in the Notice of Meeting announced on
	24 December 2020.

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contractsdetailed above traded during a+closed period whereprior written clearance was required?	No
If so, was prior written clearance provided to allow thetrade to proceed during this period?
If prior written clearance was provided, on what datewas this provided?

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3