METRO MINING LIMITED — Director's Dealing 2023

Aug 8, 2023

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	Metro Mining Limited
ABN	117 763 443

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	Andrew Lloyd
Date of last notice	23 September 2022

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
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.
Date of change	(1) 1 June 2022 (2) 31 July 2023
No. of securities held prior to change	1,500,000 ordinary shares
Class	MMIAO: Performance rights
Number acquired	(1) 1,425,546 vested performance rights granted on 1 June 2022 in lieu of 50% of his superannuation exclusive non-executive director fees payable to him for a period of 12 months (approved by shareholders at the 2022 Annual General Meeting) (2) 197,567 vested performance rights granted on 31 July 2023 in lieu of 50% of his superannuation exclusive non-executive fees payable to him for the period 1 June 2023 to 30 June 2023 (approved by shareholders at the 2023 Annual General Meeting)

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	(1) Performance rights issued in lieu of 50% of Mr Lloyd’s superannuation exclusive non-executive director fees payable for a period of 12 months with an estimated value of $39,773 (2) Performance rights issued in lieu of 50% of Mr Lloyd’s non-executive director fees for the period 1 June 2023 to 30 June 2023 with an estimated value of $7,504
No. of securities held after change	1,500,000 ordinary shares 1,623,113 vested performance rights capable of conversion into 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 performance rights which are capable of conversion into ordinary shares.

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
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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

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 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.

01/01/2011

Appendix 3Y Page 3