PEEL MINING LIMITED — Director's Dealing 2023

Mar 19, 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 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	21stApril 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	Indirect
Nature of indirect interest	Power to exercise, or control the exercise of, a
(including registered holder)	right to	vote attached to the securities and the
Note: Provide details of the circumstances giving rise to the relevantinterest.	power to dispose of, or control the exercise of
	a power	to dispose of the securities.
	Registered holders of indirect interests
		Jordan Tyson & Flynn Tyson
		Tyson Titan Funds
		Bianca Pope(Spouse)
Date of change	29thNovember 2022
No. of securities held prior to change	Direct	- 3,634,046FPO Shares
	Indirect	-4,552,134FPO Shares
	Indirect	- 4,000,000Share Options
	Indirect	- 2,500,000Performance Rights
Class	Unlisted related party share options
Number acquired	Nil

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Number disposed	1,000,000UnlistedRelatedPartyShareOptions(Lapsed)
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	Nil
No. of securities held after change	Direct - 3,634,046FPO SharesIndirect - 4,552,134 FPO 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 buy-back	Lapse of Director Incentive Options withoutconversion on the 29thNovember 2022.

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 whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed
Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation
Interest after change

Part 3 –[+] Closed period

art 3 –+Closed period
Were the interests in the securities or contracts detailed abovetraded during a+closed period where prior written clearancewas required?	No
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

Appendix 3Y Page 2

01/01/2011