MINERAL RESOURCES LIMITED — Director's Dealing 2021

Sep 12, 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	Mineral Resources Limited (MRL, MIN)
ABN	33 118 549 910

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	Chris Ellison
Date of last notice	16 August 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	Direct and Indirect
Nature of indirect interest	Chris Ellison has an indirect holding in 22,261,431
(including registered holder)	Mineral Resources Ltd fully paid ordinary shares
Note: Provide details of the circumstances giving riseto the relevant interest.	(Shares) through his shareholdings in Sandini Pty Ltdand Wabelo Pty Ltd, and by being a beneficiary of the
	Ellison Superannuation Fund.
	These are as follows:
	Shares
	Sandini Pty Ltd 21,728,787
	Wabelo Pty Ltd 55,750
	Ellison Superannuation Fund476,894
	Total 22,261,431
Date of change	07/09/2021

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	1.	Direct
		Rights granted but unvested:
		142,577FY20 LTI plan Rights eligible to vest in
		August 2023.
		12,634FY20 STI plan Rights eligible to vest in August
		2022.
		13,001FY20 Dividend Equity Rights eligible to vest in
		August 2023.
		102,950FY21 LTI plan Rights eligible to vest in
		August 2024.
		5,387FY21 Dividend Equity Rights eligible to vest in
		August 2024.
		7,876FY21 STI plan Rights eligible to vest in:
		June 2022 3,938
		June 20233,938
		7,876
	2.	Indirect
		Shares
		Sandini Pty Ltd 21,728,787
		Wabelo Pty Ltd 55,750
		Ellison Superannuation Fund461,327
		Total 22,245,864
Class	Fully Paid Ordinary Shares
Number acquired	15,567Shares
Number disposed	Nil
Value/Consideration	$51.86 each, based on the Volume Weighted Average
Note: If consideration is non-cash, provide detailsand estimated valuation	Price of Mineral Resources Limited ordinary shares forthe five business days up to and including 25 August
	2021

• 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

3.DirectRights granted but unvested:142,577FY20 LTI plan Rights eligible to vest inAugust 2023.12,634FY20 STI plan Rights eligible to vest in August2022.18,251FY20 Dividend Equity Rights eligible to vest inAugust 2023.102,950FY21 LTI plan Rights eligible to vest inAugust 2024.9,043FY21 Dividend Equity Rights eligible to vest inAugust 2024.7,876FY21 STI plan Rights eligible to vest in:June 2022 3,938June 20233,938 7,8764.IndirectSharesSandini Pty Ltd 21,728,787Wabelo Pty Ltd 55,750Ellison Superannuation Fund476,894Total 22,261,431

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

Appendix 3Y Change of Director’s Interest Notice

Nature of change 15,567 Shares issued as part of the Company’s Dividend Example: on-market trade, off-market trade, exercise Reinvestment Plan at $51.86 each, based on the Volume of options, issue of securities under dividend Weighted Average Price of Mineral Resources Limited reinvestment plan, participation in buy-back ordinary shares for the five business days up to and including 25 August 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	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 interestrelated prior to changeNote: Details are only required for a contract in relation towhich the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

art 3 –+Closed period
Were the interests in the securities orcontracts detailed above traded during a+closedperiodwherepriorwrittenclearance was required?	Not traded during a closed period
If so, was prior written clearance providedto allow the trade to proceed during thisperiod?	N/A
If prior written clearance was provided, onwhat date was this provided?	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 4

01/01/2011