PREMIER1 LITHIUM LIMITED — Director's Dealing 2022

Feb 13, 2022

14 February 2022

ASX: S3N

APPENDIX 3X

In accordance with the Listing Rules, an Appendix 3X Initial Director’s Interest Notice for each director of SensOre Ltd. ( SensOre or the Company ) is enclosed for release to the market.

SensOre’s Board comprises:

• Robert Peck, Non-executive Chairman

• Richard Taylor, Executive Director and Chief Executive Officer

• Robert Rowe, Executive Director and Chief Operating Officer

• Adrian Manger, Non-executive Director and Chair of the Audit & Risk Committee

• Nic Limb, Non-executive Director and Chair of the Nomination & Remuneration Committee

• Anthony O’Sullivan, Non-executive Director

Further information regarding each director is available in Section 6.1.1 of the Prospectus and in the Our People section of the Company’s website.

This ASX announcement was approved and authorised for release by the Company Secretary of SensOre, Michaela Evans.

ENQUIRIES

Richard Taylor Chief Executive Officer T +61 3 9492 3843 E richard.taylor@sensore.com.au

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Level 3, 10 Queen Street Melbourne VIC 3000 | t: +61 3 9492 3843 Unit 6, 7 Tully Road East Perth WA 6004 | t: +61 8 9325 6249 sensore.com | info@sensore.com

sensore-ltd @OreSens

SensOre Ltd. ABN 16 637 198 531

Rule 3.19A.1

Appendix 3X

Initial 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 30/9/2001.

Name of entity	SensOre Ltd.
ABN	16 637 198 531

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Robert William Peck
Date of appointment	1 November 2019

Part 1 - Director’s relevant interests in securities of which the director is the registered holder

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.

Number & class of securities

228,435 unquoted performance rights exercisable at $0.85 expiring 11 February 2027 (escrowed until 11 February 2024)

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interest Note: Provide details of the circumstances giving rise to the relevant interest. KRONTON PTY LTD (Family trust/super fund of which Mr Peck is a director, trustee and beneficiary) WANGANUI PTY LTD (Family trust/super fund of which Mr Peck is a director, trustee and beneficiary)	Number & class of Securities 200,000 fully paid ordinary shares (escrowed until 11 February 2024) 1) 5,837,505 fully paid ordinary shares (escrowed until 11 February 2024) 2) 412,400 fully paid ordinary shares

Appendix 3X Initial Director’s Interest Notice

Part 3 – 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)
No. and class of securities to which interest relates

• See chapter 19 for defined terms.

11/3/2002

Appendix 3X Page 2

Rule 3.19A.1

Appendix 3X

Initial 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 30/9/2001.

Name of entity	SensOre Ltd.
ABN	16 637 198 531

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Richard James Taylor
Date of appointment	20 January 2020

Part 1 - Director’s relevant interests in securities of which the director is the registered holder

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.

Number & class of securities

• 1) 800,000 unquoted performance rights exercisable at $0.25 expiring on 1 February 2025 (escrowed until 11 February 2024)

• 2) 277,216 unquoted performance rights exercisable at $0.79 expiring on 1 February 2026 (escrowed until 11 February 2024)

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interest Note: Provide details of the circumstances giving rise to the relevant interest. GIFFORDS PTY LTD (Family trust of which Mr Taylor is a director, trustee and beneficiary)	Number & class of Securities 1) 534,937 fully paid ordinary shares (escrowed until 11 February 2024) 2) 88,800 fully paid ordinary shares

Appendix 3X Initial Director’s Interest Notice

Part 3 – 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	Executive employment agreement (commencement date 1 February 2020).
Nature of interest	Direct Agreement outlines details of the Company’s executive incentive plans. Long-term incentive (LTI) grants occur subject to the approval of the board and shareholders. Maximum value on grant of annual LTI is 50% of total fixed remuneration. For further details see Sections 6.4.4.5 and 6.4.5 of the Prospectus.
Name of registered holder (if issued securities)	Richard Taylor
No. and class of securities to which interest relates	Unquoted performance rights. A total of 1,077,216 performance rights are currently held byMr Taylor.

• See chapter 19 for defined terms.

11/3/2002

Appendix 3X Page 2

Rule 3.19A.1

Appendix 3X

Initial 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 30/9/2001.

Name of entity	SensOre Ltd.
ABN	16 637 198 531

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Robert John Rowe
Date of appointment	20 January 2020

Part 1 - Director’s relevant interests in securities of which the director is the registered holder

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.

Number & class of securities

• 1) 50,965 fully paid ordinary shares (escrowed until 11 February 2024)

• 2) 624,000 unquoted performance rights exercisable at $0.25 expiring on 1 April 2025 (escrowed until 11 February 2024)

• 3) 216,228 unquoted performance rights exercisable at $0.79 expiring on 1 April 2026 (escrowed until 11 February 2024)

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interest Note: Provide details of the circumstances giving rise to the relevant interest. FIONA McCAW (Spouse of Mr Rowe)	Number & class of Securities 1) 308,596 fully paid ordinary shares (escrowed until 11 February 2024) 2) 29,600 fully paid ordinary shares

Appendix 3X Initial Director’s Interest Notice

Part 3 – 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	Executive employment agreement (commencement date 1 April 2020).
Nature of interest	Direct Agreement outlines details of the Company’s executive incentive plans. Long-term incentive (LTI) grants occur subject to the approval of the board and shareholders. Maximum value on grant of annual LTI is 50% of total fixed remuneration. For further details see Sections 6.4.4.5 and 6.4.5 of the Prospectus.
Name of registered holder (if issued securities)	Robert Rowe
No. and class of securities to which interest relates	Unquoted performance rights. A total of 840,228 performance rights are currently held byMr Rowe.

• See chapter 19 for defined terms.

11/3/2002

Appendix 3X Page 2

Rule 3.19A.1

Appendix 3X

Initial 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 30/9/2001.

Name of entity	SensOre Ltd.
ABN	16 637 198 531

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Adrian Phillip Manger
Date of appointment	18 December 2019

Part 1 - Director’s relevant interests in securities of which the director is the registered holder

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.

Number & class of securities

120,000 fully paid ordinary shares (escrowed until 11 February 2024)

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interest Note: Provide details of the circumstances giving rise to the relevant interest. LOGRAR INVESTMENTS PTY LTD INVESTMENT A/C> (Family trust/super fund of which Mr Manger is a director and beneficiary) SASAK MINERALS PTY LTD (Mr Manger is a director and non-controlling shareholder)	Number & class of Securities 1) 53,200 fully paid ordinary shares 2) 2,000,000 fully paid ordinary shares (escrowed until 11 February 2024) 3) 228,435 unquoted performance rights exercisable at $0.85 expiring 11 February 2027 (escrowed until 11 February 2024) 1) 10,000,000 fully paid ordinary shares (escrowed until 11 February 2024) 2) 118,000 fully paid ordinary shares

Appendix 3X Initial Director’s Interest Notice

Part 3 – 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)
No. and class of securities to which interest relates

• See chapter 19 for defined terms.

11/3/2002

Appendix 3X Page 2

Rule 3.19A.1

Appendix 3X

Initial 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 30/9/2001.

Name of entity	SensOre Ltd.
ABN	16 637 198 531

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Nicholas James Limb
Date of appointment	18 December 2019

Part 1 - Director’s relevant interests in securities of which the director is the registered holder

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.

Number & class of securities

228,435 unquoted performance rights exercisable at $0.85 expiring 11 February 2027 (escrowed until 11 February 2024)

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interest

Number & class of Securities

Note: Provide details of the circumstances giving rise to the relevant interest.

FOUNTAIN OAKS PTY LTD (escrowed until 11 February 2024) (Family trust/super fund of which Mr Limb is a 2) 29,600 fully paid ordinary shares director, trustee and beneficiary) MISHKAN PTY LTD 1) 418,282 fully paid ordinary shares (Family trust/super fund of which Mr Limb is a (escrowed until 11 February 2024) director, trustee and beneficiary) 2) 172,400 fully paid ordinary shares

Appendix 3X Initial Director’s Interest Notice

Part 3 – 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)
No. and class of securities to which interest relates

• See chapter 19 for defined terms.

11/3/2002

Appendix 3X Page 2

Rule 3.19A.1

Appendix 3X

Initial 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 30/9/2001.

Name of entity	SensOre Ltd.
ABN	16 637 198 531

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Anthony Paul O’Sullivan
Date of appointment	18 December 2019

Part 1 - Director’s relevant interests in securities of which the director is the registered holder

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.

Number & class of securities

228,435 unquoted performance rights exercisable at $0.85 expiring 11 February 2027 (escrowed until 11 February 2024)

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interest Note: Provide details of the circumstances giving rise to the relevant interest. JOZEM PTY LTD (Family trust/super fund of which Mr O’Sullivan is a director, trustee and beneficiary) SASAK MINERALS PTY LTD (Mr O’Sullivan is a director and non-controlling shareholder)	Number & class of Securities 2,025,316 fully paid ordinary shares (escrowed until 11 February 2024) 1) 10,000,000 fully paid ordinary shares (escrowed until 11 February 2024) 2) 118,000 fully paid ordinary shares

Appendix 3X Initial Director’s Interest Notice

Part 3 – 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)
No. and class of securities to which interest relates

• See chapter 19 for defined terms.

11/3/2002

Appendix 3X Page 2