NICO RESOURCES LIMITED — Director's Dealing 2022

Jun 16, 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 Nico Resources Limited

ABN 80 649 817 425

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	Rod Corps
Date of last notice	12 May 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.

==> picture [408 x 311] intentionally omitted <==

----- Start of picture text ----- Direct or indirect interest DirectNature of indirect interest N/A(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.Date of change 12 May 2022No. of securities held prior to change 11,739,439 Fully paid ordinary shares937,500 Fully paid ordinary shares Escrowed24 months until 19 January 20243,000,000 Unquoted $0.25 options expiring29 July 2024 escrowed until 19 January 2024Class Fully paid ordinary sharesNumber acquired 30,932Number disposed Nil----- End of picture text -----

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	$125,968
No. of securities held after change	11,770,371 Fully paid ordinary shares937,500 Fully paid ordinary shares Escrowed24 months until 19 January 20243,000,000 Unquoted $0.25 options expiring29 July 2024 escrowed until 19 January 2024
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	On market trade

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 Nature of interest Name of registered holder (if issued securities) Date of change 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 Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed No above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the trade to proceed during this period? If prior written clearance was provided, on what date was this provided?

• See chapter 19 for defined terms.

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