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

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	Samuel Hosack
Date of last notice	21 June 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	Indirect
Nature of indirect interest	(1) Mr Samuel Hosack and Mrs Barbara Hosack
(including registered holder)	<Hosack Family A/C>
	(2) Equity Trustees Superannuation Limited <AMG -
	Samuel Hosack A/C>
Date of change	30 September 2022
	3 October 2022
No. of securities held prior to change	7,220,854 - ORDINARY FULLY PAID SHARES
Class	ORDINARY FULLY PAID SHARES
Number acquired	(1a) 30 September 2022 - 1,048,229 - ORDINARY
	FULLY PAID SHARES
	(1b) 3 October 2022 - 751,771 - ORDINARY FULLY
	PAID SHARES
	(2a) 30 September 2022 - 1,307,147 - ORDINARY
	FULLY PAID SHARES
	(2b) 3 October 2022 - 492,853 - ORDINARY FULLY
	PAID SHARES
Number disposed	NIL
Value/Consideration	(1a) 10.88c per ORDINARY FULLY PAID SHARES
	(1b) 10.75c per ORDINARY FULLY PAID SHARES
	(2a) 11.00c per ORDINARY FULLY PAID SHARES
	(2b) 10.62c per ORDINARY FULLY PAID SHARES
No. of securities held after change	(1) 9,020,854 - ORDINARY FULLY PAID SHARES
	(2) 1,800,000 - ORDINARY FULLY PAID SHARES
Nature of change	On market trade

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director's Interest Notice

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
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