FALCON METALS LTD — Director's Dealing 2024

Sep 29, 2024

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 FALCON METALS LTD ABN 87 651 893 097

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	Timothy Shaun Markwell
Date of last notice	28 November 2023

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.	1. Gallery Vincent Pty Ltd(spouse is a director and shareholder)2. Oodouri Kouen Pty Ltd <MarkwellFamily A/C>(director and beneficiary)
Date of change	27 September 2024
No. of securities held prior to change	1. 202,272 Fully Paid Ordinary Shares2. 1,770,000 Unlisted Options exercisableat $0.75 expiring 15 December 20241,770,000 Unlisted Options exercisableat $0.75 expiring 15 December 2025250,000 Unlisted Options exercisableat $0.36 expiring 31 July 2025250,000 Unlisted Options exercisableat $0.36 expiring 31 July 2026380,000 Unlisted Options exercisableat $0.35 expiring 30 June 2026380,000 Unlisted Options exercisableat $0.35 expiring on 30 June 2027

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Class	Fully paid ordinary shares
Number acquired	50,000
Number disposed	n/a
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$9,000
No. of securities held after change	1. 252,272 Fully Paid Ordinary Shares2. 1,770,000 Unlisted Options exercisableat $0.75 expiring 15 December 20241,770,000 Unlisted Options exercisableat $0.75 expiring 15 December 2025250,000 Unlisted Options exercisableat $0.36 expiring 31 July 2025250,000 Unlisted Options exercisableat $0.36 expiring 31 July 2026380,000 Unlisted Options exercisableat $0.35 expiring 30 June 2026380,000 Unlisted Options exercisableat $0.35 expiring on 30 June 2027
Nature of changeExample: on-market trade, off-market trade, exercise of options, issueof securities under dividend reinvestment plan, participation in buy-back	On-market trade

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 whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed	n/a

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Interest acquired	n/a
Interest disposed	n/a
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation	n/a
Interest after change	n/a

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	No
If so, was prior written clearance provided to allow thetrade to proceed during this period?	n/a
If prior written clearance was provided, on what date wasthis provided?	n/a

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 3