Future Metals NL — Director's Dealing 2021

Dec 6, 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 FUTURE METALS NL ABN 99 124 734 961

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	Elizabeth Henson
Date of last notice	26 October 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
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	N/A
Date of change	7 December 2021
No. of securities held prior to change	Nil
Class	Performance Rightsexpiring 5:00 pm (WST) on or before 11 June 2024, vesting upon: a) the Volume Weighted Average Price over a period of 20 consecutive Trading Days on which trades in the Company’s shares are recorded on ASX (20-day VWAP) being at least 30 cents; and b) Ms Henson remaining a Non-Executive Director for a continuous period of 12 months. The Performance Rights are to be voluntarily escrowed until 22 June 2023.
Number acquired	2,000,000
Number disposed	-

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration

Value/Consideration Issued for nil cash consideration under Note: If consideration is non-cash, provide details and estimated valuation Performance Rights Plan. No. of securities held after change Performance Rights Elizabeth Henson: 2,000,000 Nature of change Issue of Performance Rights (approved by Example: on-market trade, off-market trade, exercise of options, Shareholders at the Annual General Meeting issue of securities under dividend reinvestment plan, participation in buy-back held on 26 November 2021).

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 Nature of interest Name of registered holder (if issued securities) Date of change 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 Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed N/A above traded during a[+] closed period where prior written 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.

Appendix 3Y Page 2

01/01/2011