PEEL MINING LIMITED — Director's Dealing 2021

Nov 28, 2021

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	Peel Mining Limited
ABN	42 119 343 734

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	Robert Maclaine Tyson
Date of last notice	23 April 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.	Power to exercise, or control the exercise of, aright to vote attached to the securities and thepower to dispose of, or control the exercise ofa power to dispose of the securities.
	Registered holders of indirect interestsJordan Tyson & Flynn TysonTyson Titan FundsBianca Pope (Spouse)
Date of change	th November 202129
No. of securities held prior to change	Direct -3,634,046FPO SharesIndirect -4,094,374FPO SharesIndirect -2,000,000Share OptionsIndirect -1,700,000Performance Rights
Class	Performance Rights
Number acquired	800,000

Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	Nil
No. of securities held after change	Direct -3,634,046FPO SharesIndirect -4,385,468FPO SharesIndirect -3,000,000Share OptionsIndirect -2,500,000Performance Rights
Nature of changeExample: on-market trade, off-market trade, exercise of options, issueof securities under dividend reinvestment plan, participation in buyback	PerformanceRightsasapprovedbyshareholders at the Company's Annual GeneralMeeting, held on 29th November 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
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

Part 3 – +Closed period

Were the interests in the securities or contracts detailed above	N/A
traded during a +closed periodwhere prior written clearance
was required?
If so, was prior written clearance provided to allow the trade to	N/A
proceed during this period?
If prior written clearance was provided, on what date was this	N/A
provided?

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	Peel Mining Limited
ABN	42 119 343 734

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	James Simpson
Date of last notice	30 June 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 therelevant interest.	Power to exercise, or control the exercise of, a rightto vote attached to the securities and the power todispose of, or control the exercise of a power todispose of the securities.Registered holders of indirect interestsKeronga Developments Pty LtdKeronga Park Super Fund
Date of change	29th November 2021
No. of securities held prior to change	Direct -100,000 Fully Paid Ordinary SharesIndirect – 4,368,898 Fully Paid Ordinary SharesIndirect - 2,000,000 Share OptionsIndirect - 1,000,000 Performance Rights
Class	Performance Rights
Number acquired	500,000

+ See chapter 19 for defined terms.

Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details andestimated valuation	Nil
No. of securities held after change	Direct -100,000 Fully Paid Ordinary SharesIndirect – 4,456,698 Fully Paid Ordinary SharesIndirect - 2,000,000 Share OptionsIndirect - 1,500,000 Performance Rights
Nature of changeExample: on-market trade, off-market trade, exercise ofoptions, issue of securities under dividend reinvestment plan,participation in buy-back	Performance Rights as approved by shareholders atthe Company's Annual General Meeting, held on29th November 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
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 inrelation 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

Part 3 – +Closed period

Were the interests in the securities or contracts detailed above	N0
traded during a +closed periodwhere prior written clearancewas required?
If so, was prior written clearance provided to allow the trade toproceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

+ See chapter 19 for defined terms.