IONEER LTD — Director's Dealing 2021

Nov 4, 2021

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 entity IONEER LTD ABN 76 098 564 606

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	Alan John Bruce Davies
Date of last notice	16 November 2020

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 and indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Diversa Trustees Limited as trustee for HUB24 Super Fund. Alan controls Diversa Trustees Limited and is a beneficiary of HUB24 Super Fund.
Date of change	5 November 2021

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change		Alan John Bruce Davies 1,449,298 fully paid ordinary shares 200,000 unlisted options, exercise price A$0.20, exercisable any time after 23 May 2018 and expiring on 23 May 2022 200,000 unlisted options, exercise price A$0.20, exercisable any time after 23 May 2019 and expiring on 23 May 2022 100,000 unlisted options, exercise price A$0.20, exercisable any time after 23 May 2020 and expiring on 23 May 2022 357,710 unlisted options, exercise price of $0.242 per option, exercisable on or after 9 November 2019 and expiring on 9 November 2023 326,797 unlisted options, exercise price of $0.2426 per option, exercisable on or after 14 November 2020, and expiring on 14 November 2024 326,323 unlisted options, exercise price of $0.1846 per option, exercisable on or after 16 November 2021, and expiring on 16 November 2025 Diversa Trustees Limited as trustee for HUB24 Super Fund 1,300,854 fully paid ordinary shares
Class		Unlisted performance rights
Number acquired		46,407
Number disposed		Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		Issue in lieu of US$25,000 of director fees.

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change		Alan John Bruce Davies 1,449,298 fully paid ordinary shares 200,000 unlisted options, exercise price A$0.20, exercisable any time after 23 May 2018 and expiring on 23 May 2022 200,000 unlisted options, exercise price A$0.20, exercisable any time after 23 May 2019 and expiring on 23 May 2022 100,000 unlisted options, exercise price A$0.20, exercisable any time after 23 May 2020 and expiring on 23 May 2022 357,710 unlisted options, exercise price of A$0.242, exercisable on or after 9 November 2019 and expiring on 9 November 2023 326,797 unlisted options, exercise price of $0.2426 per option, exercisable on or after 14 November 2020, and expiring on 14 November 2024 326,323 unlisted options, exercise price of $0.1846 per option, exercisable on or after 16 November 2021, and expiring on 16 November 2025 46,407 performance rights Diversa Trustees Limited as trustee for HUB24 Super Fund 1,300,854 fully paid ordinary shares
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back		Issue of unlisted performance rights pursuant to remuneration package with the Company as approved by shareholders on 5 November 2021

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 contract

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Nature of interest Name of registered holder (if issued securities) Date of change No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

Part 3 –[+] Closed period

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

• See chapter 19 for defined terms.

Appendix 3Y Page 4

01/01/2011