LIONTOWN LIMITED — Director's Dealing 2020

Jul 5, 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	Anthony J Cipriano
Date of last notice	29 November 2019

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 the relevant interest.	1) Julie Zongaro-Robich is the spouse of Anthony J Cipriano. 2) Sky High Superannuation Fund – Anthony J Cipriano is the trustee and beneficiary of the Sky High Superannuation Fund. 3) Anthony James Cipriano as trustee for The AJC Family Trust. 4) Anthony James Cipriano as a joint trustee for The SC Family Trust.
Date of change	a) 30 June 2020 (issue of 126,197 Service Rights), 2 July 2020 (conversion of Service Rights into 126,197 fully paid ordinary shares) b) 3 July 2020 (issue of 88,957 Service Rights)

• 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	Direct interest: 348,300 fully paid ordinary shares Indirect interest: 1) Julie Zongara-Robich: 6,036,275 fully paid ordinary shares 1,000,000 unlisted options with an exercise price of 3.5 cents and expiry date of 31 March 2021. 2) Sky High Superannuation Fund: 2,000,000 fully paid ordinary shares 3) AJC Family Trust: 1,943,333 fully paid ordinary shares 2,000,000 unlisted options with an exercise price of 2 cents and expiry date of 31 October 2022. 2,500,000 unlisted options with an exercise price of 3.5 cents and expiry date of 28 November 2023. 2,000,000 unlisted options with an exercise price of 15 cents and expiry date of 28 November 2022. 4) SC Family Trust: 150,000 fully paid ordinary shares
Class	a) Fully paid ordinary shares b)Service Rights
Number acquired	a) 126,197 Fully paid ordinary shares b) 88,957 Service Rights (SR2)
Number disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	a) No consideration is provided as they are part of remuneration arrangements and the underlying Service Rights were issued pursuant to LTR’s Employee Incentive Plan. b) As above

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change

Direct interest: 348,300 fully paid ordinary shares Indirect interest: 1) Julie Zongara-Robich: 6,036,275 fully paid ordinary shares 1,000,000 unlisted options with an exercise price of 3.5 cents and expiry date of 31 March 2021. 2) Sky High Superannuation Fund: 2,000,000 fully paid ordinary shares 3) AJC Family Trust: 2,069,530 fully paid ordinary shares 2,000,000 unlisted options with an exercise price of 2 cents and expiry date of 31 October 2022. 2,500,000 unlisted options with an exercise price of 3.5 cents and expiry date of 28 November 2023. 2,000,000 unlisted options with an exercise price of 15 cents and expiry date of 28 November 2022. 88,957 Service Rights (SR2) with a vesting date of 30 September 2020 and expiry date of 30 September 2022. 4) SC Family Trust: 150,000 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

a) Issue of Service Rights under Employee Incentive Plan and conversion into shares. b) Issue of Service Rights under Employee Incentive Plan.

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 (if issued securities)	N/A

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Date of change	N/A
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	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

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

• See chapter 19 for defined terms.

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