HELIOS ENERGY LTD — Director's Dealing 2022

Mar 31, 2022

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	20 January 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 entityNote: Provide details of the circumstances giving rise to the relevantinterest. in 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 31 March 2022No. of securities held prior to change Indirect 1 (PAA Energy LLC)236,888,072 fully paid ordinary sharesIndirect 2 (Antlers Energy Corporation)168,000,000 fully paid ordinary sharesClass Fully paid ordinary shares----- End of picture text -----

• See chapter 19 for defined terms.

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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)31,000,000 fully paid ordinary sharesIndirect 2 (Antlers Energy Corporation)100,000,000 fully paid ordinary sharesValue/Consideration $2,620,000Note: 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)68,000,000 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 -----

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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/ANo. 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 detailsand an estimated valuationInterest after change N/A----- End of picture text -----

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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.

Appendix 3Y Page 4

01/01/2011