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 DirectorDate of last notice	Gabriel Chiappini26 July 2021

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 interestNature of indirect interest(including registered holder)Note: Provide details of the circumstancesgiving rise to the relevant interest.Date of change	IndirectGabriel & Rosa Chiappini <Gran Sasso FamilyAccount>Beneficial HolderRosa Chiappini (Wife)10 August 2022
No. of securities held prior to change	Gabriel & Rosa Chiappini8,682,174 Shares3,000,000 options exp 23/7/24, ex price$0.2355Rosa Chiappini180,488 Shares
Class	Class A Performance Rights $0.50, 31 December2024.Class B Performance Rights $0.75, 31 December2026
Number acquired	Class A – 3,500,000Class B – 3,500,000
Number disposed	-

Appendix 3Y Change of Director’s Interest Notice

Value/ConsiderationNote: If consideration is non-cash, providedetails and estimated valuation	Value/ConsiderationNote: If consideration is non-cash, providedetails and estimated valuation	To provide directors with performance linkedincentive component to align with shareholderinterests. Refer to notice of meeting released 21 June2022 for further details.	To provide directors with performance linkedincentive component to align with shareholderinterests. Refer to notice of meeting released 21 June2022 for further details.	To provide directors with performance linkedincentive component to align with shareholderinterests. Refer to notice of meeting released 21 June2022 for further details.
No. of securities held after change		Gabriel & Rosa Chiappini8,682,174 Shares3000000 i 23/7/24 i
		,, opton$0.2355Class A PerformanClass B Performan	s exp , ex prcece Rights – 3,500,000e Rihts – 3500000
		Rosa Chiappini	g ,,
		180,488 Shares
Natu	re of change	Off-market & appro	ved by shareholders at 22 July
Examplsecuritie	e: on-market trade, off-market trade, exercise of options, issue of	2022 meetin
	s under dividendreinvestmentplan,participationin buy-back	g

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.

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 abovetraded during a+closed period where prior written clearance wasrequired?	No
If so, was prior written clearance provided to allow the trade toproceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

• See chapter 19 for defined terms.

11/3/2002 Appendix 3Y Page 3