EMMERSON RESOURCES LIMITED — Director's Dealing 2023

Nov 28, 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 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	Alan Tate
Date of last notice	2 December 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	Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Nichay Pty Ltd as trustee for Cabana FamilyTrust
Date of change	27 November 2023
No. of securities held prior to change	2,000,000 unquoted options exercisable at$0.14 and expiring 31 December 2023 (ASX:ERMAD)
Class	Unquoted options (exercisable at $0.088 andexpiring23 November 2026)
Number acquired	2,000,000
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	Nil
No. of securities held after change	2,000,000 unquoted options exercisable at$0.14 and expiring 31 December 2023 (ASX:ERMAD).2,000,000 unquoted options exercisable at$0.088 and expiring 23 November 2026.
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Issue of unquoted options approved byshareholders at the Company’s AnnualGeneral Meetingheld on 16 November 2023

• 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.

Part 2 – Change	of director’s interests in contracts	of director’s interests in contracts
			“			”
Note: In the case of a comdisclosed in this part.	pany, interests which come within paragraph (ii) of the definitio		n of notifiable i	nteres	of a direc	or should	e
Detail of contract		N libl
		ot appcae
Nature of interest
		Not applicable
Name of registere(if issued securiti
	d holderes)	Not applicable
Date of change
		Not applicable
No. and class ointerest related prNote: Details are only reto which the interest has	f securities to which	Not applicable
	ior to changequired for a contract in relation
	changed
Interest acquired		Not applicable
Interest disposed		Not applicable
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation		Not applicable
Interest after change		Not applicable

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed abovetraded during a+closed period where prior written clearance wasrequired?	No
If so, was prior written clearance provided to allow the trade toproceed during this period?	Not applicable
If prior written clearance was provided, on what date was thisprovided?	Not applicable

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011