Future Metals NL — Director's Dealing 2021

Jun 17, 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	Jason Bontempo
Date of last notice	26 November 2018

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.	Registered holder: BR Corporation Pty Ltd, an entity indirectly controlled by Mr Bontempo
Date of change	11 June 2021
No. of securities held prior to change	Nil
Class	Fully paid ordinary shares (Shares)
Number acquired	1,000,000

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$0.10 per Share
No. of securities held after change	1,000,000 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	Issue of Shares under Prospectus dated 18 May 2021 (approved by Shareholders at General Meeting on 4 June 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	N/A
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

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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

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?
If prior written clearance was provided, on what date was this provided?

• 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 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	Gregory John Bandy
Date of last notice	26 November 2018

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	11 June 2021
No. of securities held prior to change	Raffles Wealth Pty Ltd Super Fund A/C>: - 140,000 fully paid ordinary shares (Shares)

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Class	Performance Rightson the terms and conditions set out in section 6.3 of the Company’s Prospectus dated 18 May 2021, and subject to the rules of the Company’s Performance Right Plan. Each Performance Right is exercisable into one (1) fully paid ordinary share upon and from the date of satisfaction of the relevant vesting condition until the expiry date of 11 June 2024. Vesting Conditions: Class A: the volume-weighted average price over a period of at least 20 consecutive trading days on which trades in the Company’s shares are recorded on ASX (20 Day VWAP) being at least $0.15 Class B: 20 Day VWAP being at least $0.20 Class C: 20 Day VWAP being at least $0.25
Number acquired	Performance Rights: • 2,666,666 Class A Performance Rights • 2,666,667 Class B Performance Rights • 2,666,667 Class C Performance Rights
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Performance Rights: issued for nil cash consideration under Performance Rights Plan. Refer section 9.7(h) of Notice of General Meeting held on 4 June 2021 for valuation of Performance Rights.

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	Shares Raffles Wealth Pty Ltd Super Fund A/C>: 140,000 Performance Rights Gregory John Bandy: 8,000,000
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Issue of Shares under Prospectus dated 18 May 2021 (approved by Shareholders at General Meeting on 4 June 2021) Issue of Performance Rights (approved by Shareholders at General Meeting on 4 June 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	N/A
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

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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?
If prior written clearance was provided, on what date was this provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 4

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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	Aaron Dean Bertolatti
Date of last notice	26 November 2018

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.	Aaron Dean Bertolatti Trust>
Date of change	11 June 2021
No. of securities held prior to change	52,500 fully paid ordinary shares (Shares)

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Class

Shares Performance Rightson the terms and conditions set out in section 6.3 of the Company’s Prospectus dated 18 May 2021, and subject to the rules of the Company’s Performance Right Plan. Each Performance Right is exercisable into one (1) fully paid ordinary share upon and from the date of satisfaction of the relevant vesting condition until the expiry date of 11 June 2024. Vesting Conditions: Class A: the volume-weighted average price over a period of at least 20 consecutive trading days on which trades in the Company’s shares are recorded on ASX (20 Day VWAP) being at least $0.15 Class B: 20 Day VWAP being at least $0.20 Class C: 20 Day VWAP being at least $0.25

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number acquired	Shares: 250,000 Performance Rights: • 333,333 Class A Performance Rights • 333,333 Class B Performance Rights • 333,334 Class C Performance Rights
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Shares: $0.10 per Share Performance Rights: issued for nil cash consideration under Performance Rights Plan. Refer section 9.7(h) of Notice of General Meeting held on 4 June 2021 for valuation of Performance Rights.
No. of securities held after change	Shares 302,500 Shares Performance Rights • 333,333 Class A Performance Rights • 333,333 Class B Performance Rights • 333,334 Class C Performance Rights
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Issue of Shares under Prospectus dated 18 May 2021 (approved by Shareholders at General Meeting on 4 June 2021) Issue of Performance Rights (approved by Shareholders at General Meeting on 4 June 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	N/A
Nature of interest
Name of registered holder (if issued securities)

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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 No above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the trade to proceed during this period? If prior written clearance was provided, on what date was this provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 4

01/01/2011