INVICTUS ENERGY LTD — Director's Dealing 2022

Aug 11, 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 30/9/2001.

Name of entity: Invictus Energy Ltd ACN: 150 956 773

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	Scott Macmillan
Date of last notice	14 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.

Direct or indirect interest	Direct/Indirect
Nature of indirect interest	Bayethe Investments Pty Ltd ATF Pambili Trust,
(including registered holder)	director & beneficial shareholder
Note: Provide details of the circumstances
giving rise to the relevant interest.
Date of change	10 August 2022
No. of securities held prior to change	Bayethe Investments Pty Ltd
	71,375,133 Shares
	Scott Macmillan
	1,896,414 shares
	3,000,000 exp 23/7/24, ex price $0.2355
Class	Class A Performance Rights $0.50, 31 December
	2024.
	Class B Performance Rights $0.75, 31 December
	2026
Number acquired	Class A – 5,000,000
	Class B – 5,000,000
Number disposed	-

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration	To provide directors with performance linked
Note: If consideration is non-cash, providedetails and estimated valuation	incentive component to align with shareholderinterests. Refer to notice of meeting released 21 June2022 for further details.
No. of securities held after change	Bayethe Investments Pty Ltd
	71,375,133 Shares
	Class A Performance Rights – 5,000,000
	Class B Performance Rights – 5,000,000
	Scott Macmillan
	1,896,414 shares
	3,000,000 exp 23/7/24, ex price $0.2355
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue of	Off-market & approved at EGM 22 July 2022
securities under dividendreinvestmentplan,participationin buy-back

Part 2 – Change of director’s interests in contracts

Part 2 – Change of director’s interests in contracts	Part 2 – Change of director’s interests in contracts
Note: In the case of a company, interests which come within paragraph (ii) of thedefinitionof “notifiable interest of a director” should be disclosed
in thispart.
Detail of contract	N/A
Nature of interest	N/A
Name of registered holder	N/A
(if issued securities)
Date of change	N/A
No. and class of securities to	N/A
which interest related prior to
change
Note: Details are only required for a contract in relation
to which the interest has changed
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration	N/A
Note: If consideration is non-cash, provide details and an
estimatedvaluation
Interest after change	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2 11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed above	No
traded during a+closed period where prior written clearance was
required?
If so, was prior written clearance provided to allow the trade to	N/A
proceed during this period?
If prior written clearance was provided, on what date was this	N/A
provided?

• See chapter 19 for defined terms.

11/3/2002 Appendix 3Y Page 3