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	Joseph Mutizwa
Date of last notice	19 May 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 interest	Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstancesgiving rise to the relevant interest.	Huntcroft Holdings Proprietary LimitedBeneficial interest held by Mr Mutizwa
Date of change	10 August 2022
No. of securities held prior to change	-
Class	Ordinary SharesOptions
Number acquired	1,428,570Shares714,285 Options $0.35, expire 26 July 2023
Number disposed	-

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration	Shares $0.20 per share
Note: If consideration is non-cash, providedetails and estimated valuation	Option – issued on 1-for-2 basis on same terms asall placees
No. of securities held after change	1,428,570Shares
	714,285 Options $0.35, expire 26 July 2023
Nature of change	Off-market & approved by shareholders at 22 July
Example: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividendreinvestmentplan,participationin buy-back	2022 meeting

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 contractNature of interestName of registered holder(if issued securities)Date of changeNo. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract in relationto which the interest has changedInterest acquiredInterest disposedValue/ConsiderationNote: If consideration is non-cash, provide details and anestimatedvaluationInterest after change

N/AN/AN/AN/A N/AN/AN/AN/AN/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