PERSEUS MINING LIMITED — Director's Dealing 2023

Nov 21, 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	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	1 September 2023

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		NA
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving riseto the relevant interest.
Date of change
No. of securities held prior to change	Class	Held in the name of

Number acquired Ordinary Fully Paid shares Number disposed

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Value/Consideration
Note: If consideration is non-cash, provide details and
estimated valuation
No. of securities held after change	Class		Held in the name of
4,387,242	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	Conversion	of vested performance rights
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 being employed on 30 June 2024.
Name of registered holder	N/A
(if issued securities)
Date of change	21 November 2023
No. and class of securities to which	942,816 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	851,599 LTI Performance Rights
	145,666 STI Performance Rights
Value/Consideration	nil
Note: If consideration is non-cash, provide details and
an estimated valuation
Interest after change	1,794,415 LTI Performance Rights
	145,666 STI Performance rights

• See chapter 19 for defined terms.

Page

2

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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