Deterra Royalties Limited — Share Issue/Capital Change 2021

Jun 29, 2021

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Announcement Summary

Entity name

DETERRA ROYALTIES LIMITED

Date of this announcement

Wednesday June 30, 2021

The +securities the subject of this notification are:

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+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
New class - code	Performance Rights	522,862	23/11/2020
to be confirmed

Refer to next page for full details of the announcement

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Part 1 - Entity and announcement details

1.1 Name of entity

DETERRA ROYALTIES LIMITED

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type

Registration number

ABN 88641743348

1.3 ASX issuer code

DRR

1.4 The announcement is

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New announcement

1.5 Date of this announcement

30/6/2021

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Part 2 - Issue details

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2.1 The +securities the subject of this notification are:

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+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

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does not have an existing ASX security code ("new class")

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Part 3C - number and type of +securities the subject of this notification (new class) where issue has not previously been notified to ASX in an Appendix 3B

ASX +security codeNew class - code to be confirmed	+Security descriptionPerformance Rights
+Security type	ISIN code
Other

Date the +securities the subject of this notification were issued

23/11/2020

Will all the +securities issued in this class rank equally in all respects from their issue date? Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? Yes

Provide details of the KMP or +associates being issued +securities.

Name of KMP	Name of registered holder	Number of +securities
Julian Andrews	Julian Paul Andrews	363,291
Brendan Ryan	Brendan Joseph Ryan	159,571

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued.

The terms of the Deterra Equity Incentive Plan (Plan) are summarised in section 2.13 of the demerger booklet lodged with ASX on 22 October 2020. URL link: https://deterraroyalties.com/getattachment/0bec63a3-501a-4876-9797-f36a55b6e594/demerger-booklet-(deterr a-royalties-limited).aspx

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms

The terms of the Deterra Equity Incentive Plan (Plan) are summarised in section 2.13 of the demerger booklet lodged with ASX on 22 October 2020. URL link: https://deterraroyalties.com/getattachment/0bec63a3-501a-4876-9797-f36a55b6e594/demerger-booklet-(deterr a-royalties-limited).aspx

Any other information the entity wishes to provide about the +securities the subject of this notification

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Issue details

Number of +securities 78,909 Number of +securities 78,908 Number of +securities 291,086 Number of +securities 45,153 Number of +securities 28,806

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Part 4 - +Securities on issue

Following the issue, conversion or payment up of the +securities the subject of this application, the +securities of the entity will comprise:

(A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.)

4.1 Quoted +Securities (Total number of each +class of +securities quoted)

	Total number of
ASX +security code and description	+securities on issue
DRR : ORDINARY FULLY PAID	528,462,101
4.2 Unquoted +Securities (Total number of each +class of +securities issued but not quoted on ASX)
	Total number of
ASX +security code and description	+securities on issue
New class - code to be confirmed : Performance Rights	522,862

4.2 Unquoted +Securities (Total number of each +class of +securities issued but not quoted on ASX)

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Part 5 - Other Listing Rule requirements

5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

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