PERSEUS MINING LIMITED — Director's Dealing 2021

Nov 26, 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	PERSEUS MINING LIMITED
ABN	27 106 808 986

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	Jeffrey Quartermaine
Date of last notice	2 July 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 Interest
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving riseto the relevant interest.		Quartermaine Superannuation Fund,an entity in which Mr Quartermaine isa trustee and a beneficiary
Date of change		No change
No. of securities held prior to change	Class	Held in the name of
Number acquired
Number disposed

• See chapter 19 for defined terms.

Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration			Nil consideration – conversion of
Note: If consideration is non-cash, provide detailsand estimated valuation			vested performance rights
No. of securities held after change	Class		Held in the name of
1,865,448	Ordinary	Fully	Jeffrey Quartermaine
	Paid shares
200,000	Ordinary	fully	Quartermaine Superannuation Fund
	paid shares
Nature of change
Example: on-market trade, off-market trade, exerciseof options, issue of securities under dividend	No change
reinvestment plan, participation in buy-back

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	Each LTI Performance Right can convert to one ordinary
	share upon satisfaction of specified performance criteria
	(primarily the comparison of the Company’s total
	shareholder return over a specified period against a peer
	group).
	Each STI Performance Right can convert to one ordinary
	share upon completion of 12 months of service after 1
	July 2021
Name of registered holder	N/A
(if issued securities)
Date of change	25 November 2021
No. and class of securities to which	2,312,793 LTI Performance Rights
interest related prior to change
Note: Details are only required for a contract in
relation to which the interest has changed
Interest acquired	127,076 STI Performance Rights
	531,619 LTI Performance Rights
Value/Consideration	nil
Note: If consideration is non-cash, provide details
and an estimated valuation
Interest after change	2,844,412 LTI Performance Rights
	127,076 STI Performance Rights

• See chapter 19 for defined terms.

Page

2

Appendix 3Y Change of Director’s Interest Notice

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?
If prior written clearance was provided, on what date was thisprovided?

• See chapter 19 for defined terms.

Page 3