EASTERN RESOURCES LIMITED — Director's Dealing 2023

Jan 12, 2023

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	entityEastern Resources Limited
ABN		70 126 678 037

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	Myles Rui Fang
Date of last notice	28 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.

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----- Start of picture text ----- Direct or indirect interest DirectNature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.Date of change 6 January 2023No. of securities held prior to change Direct – 87,500 Fully Paid Ordinary sharesIndirect – 7,000,00 Fully Paid OrdinarysharesDirect - 7,000,000 Unlisted Optionsexercisable at $0.0142 on or before 12May 2023.Direct – 8,750 Listed options exercisableat $0.012 on or before 31 January 2023.Indirect – 6,666,666 Fully Paid Ordinaryshares.Indirect – 5,000,000 performance rightsClass Listed options exercisable at $0.012 on orbefore 31 January 2023Number acquired 8,750 Fully Paid Ordinary shares----- End of picture text -----

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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----- Start of picture text ----- Number disposed 8,750 Listed optionsValue/Consideration $0.012 per shareNote: If consideration is non-cash, provide details and estimatedvaluationNo. of securities held after change Direct – 96,250 Fully Paid Ordinary sharesIndirect – 7,000,00 Fully Paid OrdinarysharesDirect - 7,000,000 Unlisted Optionsexercisable at $0.0142 on or before 12May 2023.Indirect – 6,666,666 Fully Paid Ordinaryshares.Indirect – 5,000,000 performance rightsNature of change Exercise of Listed optionsExample: on-market trade, off-market trade, exercise of options, issueof securities under dividend reinvestment plan, participation in buy-back----- End of picture text -----

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 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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

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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 where prior written NA clearance was required? If so, was prior written clearance provided to allow the trade to proceed during this period? NA If prior written clearance was provided, on what date was NA this provided?

• See chapter 19 for defined terms.

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Appendix 3Y Page 3