EMMERSON RESOURCES LIMITED — Director's Dealing 2022

Feb 10, 2022

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	Emmerson Resources Limited
ABN	53 117 086 745

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	Robert Trevor Bills
Date of last notice	29 January 2021

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.	Indirect interest held by Catabatic Pty Ltd of which Mr Bills is a beneficiary
Date of change	11 February 2022
No. of securities held prior to change	Direct 6,723,125 fully paid ordinary shares (ASX:ERM) 9,000,000 performance rights Indirect 1,014,000 fully paid ordinary shares (ASX:ERM) 4,500,000 unquoted options (ASX:ERMAD)
Class	(1) Fully paid ordinary shares (2) Performance rights
Number acquired	(1) 1,080,000
Number disposed	(2) 1,080,000 (converted) (2)1,920,000(lapsed)
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	(1) Nil (2) Nil

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	Direct 7,803,125 fully paid ordinary shares (ASX:ERM) 6,000,000 performance rights Indirect 1,014,000 fully paid ordinary shares (ASX:ERM) 4,500,000 unquoted options (ASX:ERMAD)
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Issue of 1,080,000 fully paid ordinary shares on the conversion of Performance Rights under the terms and conditions approved by shareholders at Annual General Meeting held 29 January 2021. 1,920,000 Performance Rights lapsed unvested andhave beencancelled.

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	Not applicable
Nature of interest	Not applicable
Name of registered holder (if issued securities)	Not applicable
Date of change	Not applicable
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	Not applicable
Interest acquired	Not applicable
Interest disposed	Not applicable
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	Not applicable
Interest after change	Not applicable

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed No above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the trade Not applicable to proceed during this period? If prior written clearance was provided, on what date was this Not applicable provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011