Champion Iron Limited — Director's Dealing 2020

Dec 20, 2020

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 : Champion Iron Limited

ABN : 34 119 770 142

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	David Cataford
Date of last notice	10 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	Direct Interest
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to therelevant interest.	N/A
Date of change	17 December 2020 (Montreal)
No. of securities held prior to change	Ordinary shares: 2,205,413Options over ordinary shares: 166,667Restricted share units: 247,964Performance share units: 371,947
Class	Ordinary shares
Number acquired	166,667 ordinary shares on exercise of166,667 employee share options
Number disposed	150,000 ordinary shares

• See chapter 19 for defined terms.

01/01/2011

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Appendix 3Y Change of Director’s Interest Notice

Value/Consideration	Consideration on exercise of options over
Note: If consideration is non-cash, provide details andestimated valuation	ordinary shares = CAD1.33 per shareConsideration on sale of shares = CAD4.73
	pershare
No. of securities held after change	Ordinary shares: 2,222,080
	Restricted share units: 247,964
	Performance share units: 371,947
Nature of change	Exercise of employee share options and on-
Example: on-market trade, off-market trade, exercise of	market sale of ordinary shares
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	Nil
Nature of interest	Nil
Name of registered holder	Nil
(if issued securities)
Date of change	Nil
No. and class of securities to	Nil
which interest related prior
to change
Note: Details are only required for a contract in
relation 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	Nil

Part 3 –[+] Closed period

• See chapter 19 for defined terms.

Appendix 3Y Page 2

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Appendix 3Y Change of Director’s Interest Notice

Were the interests in the securities or contractsdetailed above traded during a+closed periodwhereprior written clearance was required?	No
If so, was prior written clearance provided toallow the trade toproceed during thisperiod?	Not applicable
If prior written clearance was provided, on whatdate was thisprovided?	Not applicable

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 3