DYNAMIC METALS LIMITED — Director's Dealing 2024

Nov 25, 2024

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: DYNAMIC METALS LIMITED ABN 37 659 154 480

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	Karen Wellman
Date of last notice	17 January 2023

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 or indirect interest	Direct or indirect interest	Direct and Indirect	Direct and Indirect	Direct and Indirect
	Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to therelevant interest.			Serpentine Investment Trust of whichKaren Wellman is a beneficiary
	Date of change			26 November 2024
	No. of securities held prior to change			Ms Karen Wellman250,000 fully paid ordinary sharesSerpentine Investment Trust2,000,000 options exercisable at $0.30each and expiring on 16 January 2026
	Class			Performance Rights
	Number acquired			250,000 Class A Performance Rights;and99,338 Class B Performance Rights.
				99,338 Cl	ass B Performance Righ
	Number dispose	d		Nil

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Value/ConsiderationNote: If consideration is non-cash, provide details and	Nil.
estimated valuation
No. of securities held after change	Ms Karen Wellman
	250,000 fully paid ordinary shares
	Serpentine Investment Trust
	2,000,000 options exercisable at $0.30
	each and expiring on 16 January
	2026;
	250,000 Class A Performance Rights;
	and
	99,338 Class B Performance Rights.
Nature of changeExample: on-market trade, off-market trade, exercise of	Issue of Performance Rights asapproved by shareholders at Annual
options, issue of securities under dividend reinvestment plan,participation in buy-back	General Meeting on 26 November2024.

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
	N/A
Name of registered holder(if issued securities)	N/A
Date of change	N/A
No. and class of securities to
which interest related prior tochange	N/A
Note: Details are only required for a contract in
relation towhich theinterest has changed
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide	N/A
details and anestimatedvaluation
Interest after change	N/A

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed above traded during a[+] closed period N/A where prior written clearance was required? If so, was prior written clearance provided to N/A allow the trade to proceed during this period? If prior written clearance was provided, on what N/A date was this provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 3

01/01/2011