PROSPECT RESOURCES LIMITED — Director's Dealing 2022

Oct 6, 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 becomes ASX's property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity	Prospect Resources Limited
ABN	30 124 354 329

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	Mark Wheatley
Date of last notice	5 July 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
Nature of indirect interest(including registered holder)	Wheatley Consulting Services Pty Ltd ATF TheWheatley Family Superannuation Fund
Date of change	04 October 2022
No. of securities held prior to change	2,000,000 - ORDINARY FULLY PAID SHARES
Class	ORDINARY FULLY PAID SHARES
Number acquired	(1) 163,954 - ORDINARY FULLY PAID SHARES(2) 336,046 - ORDINARY FULLY PAID SHARES
Number disposed	NIL
Value/Consideration	(1) $0.105 PER ORDINARY FULLY PAID SHARE(2) $0.11 PER ORDINARY FULLY PAID SHARE
No. of securities held after change	2,500,000 - ORDINARY FULLY PAID SHARES
Nature of change	On-market purchases

Part 2 - Change of director's relevant 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	N/A
Name of registered holder(if issued securities)	N/A
Date of change	N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director's Interest Notice

	Appendix 3YChange of Director's Interest Notice
No. and class of securitiesto which interest relatedprior to change	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration	N/A
Interest after change	N/A

Part 3 -[+] Closed period

Part 3 -+Closed period
Were the interests in the securities orcontracts detailed above traded during a+closed period where prior written clearancewas required?	No
If so, was prior written clearance provided toallow the trade to proceed during this period?	N/A
If prior written clearance was provided, onwhat date was this provided?	N/A

• See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 2