EMPIRE RESOURCES LIMITED — Director's Dealing 2019

Nov 13, 2019

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	Empire Resources Ltd
ABN	32 092 471 513

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 Sean David Richardson Date of last notice 30 August 2019

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 relevant	MR SEAN DAVID RICHARDSON + MRSANNE LUCY RICHARDSON
interest.	<RICHARDSON FAMILY A/C>
Date of change	13 November 2019
No. of securities held prior to change	1,012,204 ordinary shares
Class	Fully Paid Ordinary Shares
	Performance rights
Number acquired	20,000,000 performance rights
Number disposed
	-
Value/Consideration
Note: If consideration is non-cash, provide details and estimated	Nil
valuation

• See chapter 19 for defined terms.

Empire Resources Ltd BT 15.05.2019

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	1,012,204 ordinary shares20,000,000 performance rights(expiring 4 July 2021 and vesting whenthe price of Empire's ordinary sharesremain at or above a 20 day VWAP priceof 1.5 cents for a period of not less than20 days).
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back	Issue of performance rights approved atAGM 13 November 2019

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.

N/A

Part 3 –[+] Closed period

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

• See chapter 19 for defined terms.

Empire Resources Ltd BT 26.04.2019

Appendix 3Y Page 2