DEEP YELLOW LIMITED — Director's Dealing 2023

Nov 22, 2023

NEWS RELEASE

23 November 2023

CHANGE OF DIRECTORS’ INTEREST NOTICES

Deep Yellow Limited attaches Change of Directors’ Interest Notices (Appendix 3Y) for Mr J Borshoff and Ms G Swaby.

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MARK PITTS Company Secretary/CFO

Deep Yellow Limited

This ASX announcement was authorised for release by Mr Mark Pitts, Company Secretary/CFO, for and on behalf of the Board of Deep Yellow Limited.

Contact

Investors: Media: John Borshoff Managing Director/CEO Cameron Gilenko +61 8 9286 6999 +61 466 984 953 john.borshoff@deepyellow.com.au cgilenko@citadelmagnus.com

Level 1, 502 Hay Street, Subiaco, WA 6008 Australia PO Box 1770, Subiaco, WA 6904 Australia +61 8 9286 6999 info@deepyellow.com.au

www.deepyellow.com.au ABN: 97 006 391 948 DYL: ASX & NSX (Namibia) DYLLF: OTCQX

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	DEEP YELLOW LIMITED
ABN	97 006 391 948

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	John Borshoff
Date of last notice	21 December 2022

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	17 November 2023
No. of securities held prior to change	56,677 ordinary shares 15,043,687 subject to the Deep Yellow Loan Share Plan of which 5,689,470 are also subject to various vesting conditions
Class	Ordinary Shares
Number acquired	Refer to “Nature of Change” below
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Refer to “Nature of Change” below
No. of securities held after change	369,385 ordinary shares 14,730,979 subject to the Deep Yellow Loan Share Plan of which 5,487,753 are also subject to various vesting conditions.
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back.	Repayment of loan totalling $145,408 attaching to 312,708 shares issued under Deep Yellow Loan Share Plan at $0.465 on 19 November 2018. An additional 312,708 shares are therefore no longer subject to loan repayment or vesting conditions.

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

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

Part 3 –[+] Closed period

art 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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

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 DEEP YELLOW LIMITED ABN 97 006 391 948

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	Gillian Swaby
Date of last notice	21 December 2022

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 and Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Strategic Mining Consultants Pty Ltd as Trustee of the G Swaby Superfund and of which G Swaby is a director and shareholder
Date of change	17 November 2023 – Loan Repayment 22 & 23 November 2023 – Sale of Shares
No. of securities held prior to change	2,758,460 ordinary shares held directly by G Swaby 6,711,296 ordinary shares held directly by G Swaby but subject to the Deep Yellow Loan Share Plan and of which 2,755,985 are subject to various vesting conditions. 293,286 ordinary shares held by Strategic Mining Consultants Pty Ltd
Class	Ordinary Shares
Number acquired	Refer to “Nature of Change” below
Number disposed	600,000 ordinary shares to fund loan repayment of Deep Yellow Loan Share Plan shares per “Nature of Change” **below **
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Refer to “Nature of Change” below Sale of shares at average of $1.16 per share
No. of securities held after change	3,313,865 ordinary shares held directly by G Swaby 5,555,891 ordinary shares held directly by G Swaby but subject to the Deep Yellow Loan Share Plan and of which 2,755,985 are subject to various vesting conditions.

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of change Repayment of loan totalling $537,263 attaching to Example: on-market trade, off-market trade, exercise of options, issue 1,155,405 shares issued under Deep Yellow Loan Share of securities under dividend reinvestment plan, participation in buy-back Plan at $0.465 on 19 November 2018. An additional 1,155,405 shares are therefore no longer subject to loan repayment or vesting conditions.

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

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011