PERSEUS MINING LIMITED — Director's Dealing 2023

Aug 31, 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	29 November 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			Direct and indirect interest
Nature of indirect interest			Quartermaine Superannuation Fund,
(including registered holder)Note: Provide details of the circumstances giving riseto the relevant interest.			an entity in which Mr Quartermaine isa trustee and a beneficiary
Date of change			1 September 2023
No. of securities held prior to change	Class		Held in the name of
1,992,524	Ordinary Fully		Jeffrey Quartermaine
	Paid shares
200,000	Ordinary	fully	Quartermaine Superannuation Fund
	paid shares
Number acquired
2,394,718	Ordinary Fully		Jeffrey Quartermaine
	Paid shares
Number disposed

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Value/ConsiderationNote: If consideration is non-cash, provide detailsand estimated valuation		Nil consideration – conversion ofvested performance rights
No. of securities held after change	Class	Held in the name of
4,387,242	Ordinary FullyPaid shares	Jeffrey Quartermaine
200,000	Ordinaryfullypaid shares	Quartermaine Superannuation Fund
Nature of changeExample: 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	1 September 2023
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	3,255,609 LTI Performance Rights81,925 STI Performance Rights
Interest acquired	81,925 STI performance rights and 2,312,793 LTIperformance rights converted
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation	nil
Interest after change	942,816 LTI Performance Rights

• See chapter 19 for defined terms.

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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.

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