PERSEUS MINING LIMITED — Director's Dealing 2022

Jul 3, 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	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	26 November 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		4 July 2022
No. of securities held prior to change	Class	Held in the name of
1,865,448	Ordinaryfullypaid shares	Jeffrey Quartermaine
Number acquired
127,076	Ordinary fullypaid shares	Jeffrey Quartermaine
Number disposed

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

							– conversion of	– conversion of
	Value/Consider	tion				Nil consideration	– conversion of
	Note: If consideratiand estimated valua	on is non-cash, provtion	ide details			vested performance	rights
	No. of securities	held after chan	ge	Class		Held in the name of
	1,992,524			OrdinaryPaid shares	Fully	Jeffrey Quartermain	e
	200,000			Ordinarypaid shares	fully	Quartermaine Super	annuation Fund
	Nature of chan	ge
	Example: on-market trade, off-market trade, exerciseof options, issue of securities under dividendreinvestment plan, participation in buy-back			Conversion of vested performance rights

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 ordinaryshare upon satisfaction of specified performance criteria(primarily the comparison of the Company’s totalshareholder return over a specified period against a peergroup).
Name of registered holder(if issued securities)	N/A
Date of change	4 July 2022
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	2,844,412 LTI Performance Rights127,076 STI Performance Rights
Interest acquired	127,076 STI performance rights converted
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation	nil
Interest after change	2,844,412 LTI Performance Rights

Part 3 –[+] Closed period

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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.

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