EQ RESOURCES LIMITED — Director's Dealing 2021

May 26, 2021

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 EQ Resources Limited ABN 77 115 009 106

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	Oliver Kleinhempel
Date of last notice	12 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 interest. Sonnenallee Investments Limited Mr Kleinhempel is a Director and beneficiary of the above entity which is the registered holder of the securities		17,833,600 fully paid ordinary shares
Date of change		(1) 20 May 2021 (2) 25 May 2021
No. of securities held prior to change		Indirect 15,333,600 fully paid ordinary shares

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Class		(1) Fully paid ordinary shares (2) Unlisted Options Unlisted options, vesting as follows: • Tranche 1: 50% at 12-month anniversary of Shareholder approval; and • Tranche 2: 50% at 24-month anniversary of Shareholder approval exercisable at $0.06 (6 cents) each, expiring 3 years from issue date (25 May 2024).
Number acquired		(1) 2,500,000 (2) 10,000,000
Number disposed		(1) Nil (2) Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		(1) $80,000 (2) Nil
No. of securities held after change		Direct 10,000,000 unlisted options, vesting as follows: • Tranche 1: 50% at 12-month anniversary of Shareholder approval; and • Tranche 2: 50% at 24-month anniversary of Shareholder approval exercisable at $0.06 (6 cents) each, expiring 3 years from issue date (25 May 2024). Indirect 17,833,600 fully paid ordinary shares
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back		(1) Issue of Placement Shares to Directors pursuant to their application to participate in the Placement, approved by shareholders at the General Meeting of the Company on 17 May 2021, pursuant to Resolution 5. (2) Grant of options as approved by shareholders at the Company’s General Meeting held on 17 May 2021, pursuant to Resolution 7.

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

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.

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 to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a +closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 3

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 EQ Resources Limited ABN 77 115 009 106

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	Stephen Layton
Date of last notice	1 June 2020

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 interest. Bodie Investments Pty Ltd Mr Layton is a Director and beneficiary of the above entity which is the registered holder of the securities Mr Stephen Layton		50,812,500 fully paid ordinary shares 3,369,059 fully paid ordinary shares
Date of change		(1) 20 May 2021 (2) 25 May 2021
No. of securities held prior to change		Indirect 46,369,059 fully paid ordinary shares

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Class		(1) Fully paid ordinary shares (2) Unlisted Options Unlisted options, vesting as follows: • Tranche 1: 50% at 12-month anniversary of Shareholder approval; and • Tranche 2: 50% at 24-month anniversary of Shareholder approval exercisable at $0.06 (6 cents) each, expiring 3 years from issue date (25 May 2024).
Number acquired		(1) 7,812,500 (2) 4,000,000
Number disposed		(1) Nil (2) Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		(1) $250,000 (2) Nil
No. of securities held after change		Indirect 54,181,559 fully paid ordinary shares 4,000,000 unlisted options, vesting as follows: • Tranche 1: 50% at 12-month anniversary of Shareholder approval; and • Tranche 2: 50% at 24-month anniversary of Shareholder approval exercisable at $0.06 (6 cents) each, expiring 3 years from issue date (25 May 2024).
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back		(1) Issue of Placement Shares to Directors pursuant to their application to participate in the Placement, approved by shareholders at the General Meeting of the Company on 17 May 2021, pursuant to Resolution 3. (2) Grant of options as approved by shareholders at the Company’s General Meeting held on 17 May 2021, pursuant to Resolution 8.

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

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.

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 to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a +closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 3

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 EQ Resources Limited ABN 77 115 009 106

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	Zhui Pei Yeo
Date of last notice	12 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 interest. Whitfords Holdings Investments Limited Mr Yeo is a Director and beneficiary of the above entity which is the registered holder of the securities		64,919,810 fully paid ordinary shares
Date of change		(1) 20 May 2021 (2) 25 May 2021
No. of securities held prior to change		Indirect 64,919,810 fully paid ordinary shares

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Class		(1) Fully paid ordinary shares (2) Unlisted Options unlisted options, vesting as follows: • Tranche 1: 50% at 12-month anniversary of Shareholder’s approval; and • Tranche 2: 50% at 24-month anniversary of Shareholder approval exercisable at $0.06 (6 cents) each, expiring 3 years from issue date (25 May 2024).
Number acquired		(1) 5,312,500 (2) 4,000,000
Number disposed		(1) Nil (2) Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		(1) $170,000 (2) Nil
No. of securities held after change		Direct 5,312,500 fully paid ordinary shares 4,000,000 unlisted options, vesting as follows: • Tranche 1: 50% at 12-month anniversary of Shareholder approval; and • Tranche 2: 50% at 24-month anniversary of Shareholder approval exercisable at $0.06 (6 cents) each, expiring 3 years from issue date (25 May 2024). Indirect 64,919,810 fully paid ordinary shares
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back		(1) Issue of Placement Shares to Directors pursuant to their application to participate in the Placement, approved by shareholders at the General Meeting of the Company on 17 May 2021, pursuant to Resolution 4. (2) Grant of options as approved by shareholders at the Company’s General Meeting held on 17 May 2021, pursuant to Resolution 9.

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

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.

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 to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a +closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 3

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 EQ Resources Limited ABN 77 115 009 106

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	Richard Damon Morrow
Date of last notice	16 March 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. YAVERN CREEK HOLDINGS PTY LTD Mr Morrow is a Director and beneficiary of the above entity which is the registered holder of the securities		4,422,000 fully paid ordinary shares 4,000,000 unlisted options
Date of change		25 May 2021
No. of securities held prior to change		Indirect 4,422,000 fully paid ordinary shares

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Class		Unlisted options, vesting as follows: • Tranche 1: 50% at 12-month anniversary of Shareholder approval; and • Tranche 2: 50% at 24-month anniversary of Shareholder approval exercisable at $0.06 (6 cents) each, expiring 3 years from issue date (25 May 2024).
Number acquired		4,000,000 unlisted options
Number disposed		-
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		Nil
No. of securities held after change		Indirect 4,422,000 fully paid ordinary shares 4,000,000 unlisted options, vesting as follows: • Tranche 1: 50% at 12-month anniversary of Shareholder approval; and • Tranche 2: 50% at 24-month anniversary of Shareholder approval exercisable at $0.06 (6 cents) each, expiring 3 years from issue date (25 May 2024).
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back		Grant of options as approved by Shareholders at the Company’s General Meeting held on 17 May 2021, pursuant to Resolution 10.

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a +closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 3