GREAT SOUTHERN MINING LIMITED — Director's Dealing 2021

Feb 3, 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	Great Southern Mining Limited
ABN	37 148 168 825

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	John Terpu
Date of last notice	10 November 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 givingrise to the relevant interest.	IndirectValleybrook Investments Pty Ltd <TerpuA/C> (“Valleybrook”)Valleyrose Pty Ltd <Terpu Super Fund A/C>(“Valleyrose”)
Date of change	03/02/2021
No. of securities held prior to change(NOTE: The disclosure in this section has been amendedand differs to thedisclosure includedintheannouncement made 31 October 2019. No otherchanges to disclosure have been made. Holdings quotedin this section supersede those of 31 October 2019.)	Valleyrose Pty Ltd84,101,536 GSN Full Paid Ordinary Shares18,867,179 GSNOA Listed OptionsValleybrook Pty Ltd47,207,815 GSN Fully Paid Ordinary Shares14,235,939 GSNOA Listed Options
Class	Fully Paid Ordinary Shares

• See chapter 19 for defined terms.

01/01/2011

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Appendix 3Y Change of Director’s Interest Notice

Number acquired	440,245 acquired
Number disposed	Nil.
Value/ConsiderationNote: If consideration is non-cash, providedetails and estimated valuation	$34,779
No. of securities held after change	Valleyrose Pty Ltd84,541,781 GSN Fully Paid Ordinary Shares18,867,179 GSNOA Listed OptionsValleybrook Pty Ltd47,207,815 GSN Fully Paid Ordinary Shares14,235,939 GSNOA Listed Options
Nature of changeExample: on-market trade, off-market trade,exercise of options, issue of securities underdividend reinvestment plan, participation inbuy-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	-
Nature of interest	-
Name of registered holder(if issued securities)	-
Date of change	-
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	-
Interest acquired	-
Interest disposed	-

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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

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