MACARTHUR MINERALS LIMITED — Director's Dealing 2022

Mar 2, 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 30/09/01 Amended 01/01/11

Name of entity	Macarthur Minerals Limited
ABN	93 103 011 436

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 Spence Phillips
Date of last notice	22 December 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 circumstances giving rise to the relevantinterest.	Phillips Exploration Pty Ltd <Phillips FamilyA/C>
Date of change	24 February 2022
No. of securities held prior to change	2,001,750 Ordinary shares500,000 Options exercise price C$0.20expiry 24 February 2022200,000 Restricted Share Units expiry19 January 2024 (vesting subject tosatisfaction of vesting criteria).850,000 Restricted Share Units expiry11June2024(vestingsubjecttosatisfaction of vesting criteria).
Class	1) Options2) Ordinary Shares
Number acquired	2) 196,318

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number disposed	1) 303,682
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	C$0.20
No. of securities held after change	2,198,068 Ordinary shares200,000 Restricted Share Units expiry19 January 2024 (vesting subject tosatisfaction of vesting criteria).850,000 Restricted Share Units expiry11June2024(vestingsubjecttosatisfaction of vesting criteria).
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	196,318 Options exercised and 303,682Options expired on 24 February 2022.

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	Detail of contract	N/A	N/A	N/A	N/A	N/A	N/A
	Nature of interest		N/A
	Name of registered hol	der	N/A
	(if issued securities)
	Date of change		N/A
	No. and class of securit	ies to which	N/A
	interest related prior to	change
	Note: Details are only required frelation to which the interest has ch	or a contract inanged
	Itt id		N/A
	neres acqure
	Interest disposed		N/A
	Value/Consideration		N/A
	Note: If consideration is non-cash, pan estimated valuation	rovide details and

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Interest after change N/A

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	N/A
If so, was prior written clearance provided to allow thetrade to proceed during this period?	N/A
If prior written clearance was provided, on what date wasthis provided?	N/A

• See chapter 19 for defined terms.

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