MINERAL RESOURCES LIMITED — Director's Dealing 2021

Jan 11, 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 Ltd
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 Kelvin Flynn

Date of last notice 9 October 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	Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving riseto the relevant interest.	Director of Trustee companies:Flynn Fund Pty Ltd < Flynn Future Fund A/C>Sharlin Nominees Pty Ltd
Date of change	8 January 2021
No. of securities held prior to change	16,691
Class	Ordinary Shares
Number acquired	484
Number disposed	-
Value/ConsiderationNote: If consideration is non-cash, provide detailsand estimated valuation	$NIL
No. of securities held after change	Flynn Fund Pty Ltd< Flynn Future Fund A/C>Sharlin Nominees Pty Ltd Total	11,5665,60917,175

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of changeExample:on-markettrade,off-markettrade,exercise of options, issue of securities underdividend reinvestment plan, participation in buy-back

InaccordancewithMRL’sDirectorFeeremuneration arrangements, directors receive 50%of their director’s fees in fully paid MRL shares.This allotment relates to Kelvin Flynn’s director feesfor Quarter 2 of Financial Year 2021 (FY21) (1October 2020 to 31 December 2020). The number ofshares issued is based on the Volume WeightedAverage Price for the five business days leading upto and includingthe end of thequarter.

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 to which theinterest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details and an estimatedvaluation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011