LIONTOWN LIMITED — Director's Dealing 2020

Dec 13, 2020

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 Liontown Resources Limited ABN 39 118 153 825

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	Steven J M Chadwick
Date of last notice	30 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	Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to therelevant interest.	1) Spectrum Metallurgical Consultants PtyLtd <The Chadwick Super Fund A/C>2) Spectrum Metallurgical Consultants PtyLtdSteven is a Director and Shareholder ofSpectrum Metallurgical Consultants Pty Ltdand a member of the Chadwick Super Fund.
Date of change	14 December 2020

• See chapter 19 for defined terms.

01/01/2011

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	Direct interest:3,500,000 fully paid ordinary shares2,000,000 unlisted options with an exerciseprice of 15 cents and expiry date of 28November 2022.1,250,000 unlisted options with an exerciseprice of 30 cents and expiry date of 25November 2023.Indirect interest:1) The Chadwick Super Fund5,035,111 fully paid ordinary shares2) Spectrum Metallurgical Consultants PtyLtdi)186,147 fully paid ordinary sharesii)49,184 Service Rights (SR3) with avesting date of 31 December 2020and expiry date of 31 December2022.
Class	Fully paid ordinary shares
Number acquired	2,000,000 Fully paid ordinary shares
Number disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	2,000,000 Fully paid ordinary shares at$0.15 per share
No. of securities held after change	Direct interest:5,500,000 fully paid ordinary shares1,250,000 unlisted options with an exerciseprice of 30 cents and expiry date of 25November 2023.Indirect interest:1) The Chadwick Super Fund5,035,111 fully paid ordinary shares2) Spectrum Metallurgical Consultants PtyLtdi) 186,147 fully paid ordinary sharesii) 49,184 Service Rights (SR3) with avesting date of 31 December 2020 andexpiry date of 31 December 2022.
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participationin buy-back	Exercise of O15 unlisted options with anexercise price of $0.15 and expiry date of 28November 2022.

• See chapter 19 for defined terms.

01/01/2011

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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.

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 estimated valuation
Interest after change	N/A

Part 3 –[+] Closed period

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

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 3