HELIOS ENERGY LTD — Director's Dealing 2022

Jul 18, 2022

Helios Energy Ltd

19 July 2022

19 July 2022

Market Announcements Office Australian Securities Exchange Level 40, Central Park 152-158 St Georges Terrace Perth WA 6000

Updated Appendix 3Y

Helios Energy Limited ( Company or Helios or Issuer) wishes to advise that there was an administrative error in the Appendix 3Y lodged on behalf of Mr Ping He on 18 July 2022.

Mr He’s indirect interest by PAA Energy LLC should be 205,888,072 under the number of securities held prior to change.

ASX Code: HE8

Directors

Hui Ye Non-Executive Chairman

Richard He Managing Director Robert Bearden Non-Executive Director

Nicholas Ong Non-Executive Director John Palermo Company Secretary

Contact Details

A copy of the amended and correct Appendix 3Y for Mr He is appended to this announcement.

Yours sincerely

Australian Office

Level 3, 18 Richardson Street West Perth WA 6005 Australia PO Box 1485 West Perth WA Australia 6872

Tel +61 1300 291 195 Fax +61 8 6298 6191

John Palermo

Company Secretary

USA Office

3 Riverway, 17[th] Floor Suite 1750, Houston Texas USA 77056 Tel +1 713 333 3613 Fax +1 713 583 0965

www.heliosenergyltd.com

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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	entityHelios Energy Limited
ABN		61 143 932 110

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	Ping He
Date of last notice	1 April 2022

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.

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----- Start of picture text ----- Direct or indirect interest Indirect 1 and Indirect 2Nature of indirect interest Indirect 1(including registered holder)Shares held by PAA Energy LLC, an entity inNote: Provide details of the circumstances giving rise to the relevantinterest. which Mr He is a director and shareholder.Indirect 2Shares held by Antlers Energy Corporation,an entity in which Mr He is a director.Date of change 11 July 2022No. of securities held prior to change Indirect 1 (PAA Energy LLC)205,888,072 fully paid ordinary sharesIndirect 2 (Antlers Energy Corporation)68,000,000 fully paid ordinary sharesClass Fully paid ordinary shares----- End of picture text -----

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

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----- Start of picture text ----- Number acquired Indirect 1 (PAA Energy LLC)NilIndirect 2 (Antlers Energy Corporation)NilNumber disposed Indirect 1 (PAA Energy LLC)NilIndirect 2 (Antlers Energy Corporation)25,000,000 fully paid ordinary sharesValue/Consideration $500,000Note: If consideration is non-cash, provide details and estimatedvaluationNo. of securities held after change Indirect 1 (PAA Energy LLC)205,888,072 fully paid ordinary sharesIndirect 2 (Antlers Energy Corporation)43,000,000 fully paid ordinary sharesNature of change Off-market transfers. Vesting of trustExample: on-market trade, off-market trade, exercise of options, issue of arrangements.securities under dividend reinvestment plan, participation in buy-back----- End of picture text -----

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.

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----- Start of picture text ----- Detail of contract (a) Consulting Contract(b) Joint Venture Participant in the Presidio Oil Project(c) Overriding Royalty Owner in the Presidio Oil ProjectNature of interest (a) Consulting fee as Managing Director of Helios EnergyLimited at US$20,000 per month(b) Working Interest (3.15% to 6.3%) in the Presidio OilProject(c) Overriding Royalty Interest (0% to 1.75%) in thePresidio Oil Project (various between mineral leases)Name of registered holder N/A(if issued securities)Date of change N/A----- End of picture text -----

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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----- Start of picture text ----- No. and class of securities to which N/Ainterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changedInterest acquired N/AInterest disposed N/AValue/Consideration N/ANote: If consideration is non-cash, provide details andan estimated valuationInterest after change N/A----- End of picture text -----

Part 3 –[+] Closed period

art 3 –+Closed period
Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	N/A
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