PROSPECT RESOURCES LIMITED — Director's Dealing 2023

Dec 7, 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 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.

We (the entity) give ASX the followingthe director for the purposes of section	information under listing rule 3.19A.2 and as agent for205G of the Corporations Act.
Name of Director	Samuel Hosack
Date of last notice	16/11/2023

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	Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	(1) Mr Samuel Hosack and Mrs Barbara Hosack<Hosack Family A/C>(2) EquityTrusteesSuperannuationLimited<AMG – Samuel Hosack A/C>
Date of change	05/12/2023
No. of securities held prior to change	(1.1)10,620,854 ORD FULLY PAID SHARES(1.2)3,000,000UNLISTEDOPTEXERCISABLE AT $0.15 EXPIRING07/10/2026(1.3)650,000PERFRIGHTSEXPIRING07/10/2025(2.0) 2,520,000 ORD FULLY PAID SHARES
Class	PERF RIGHTS EXPIRING 09/08/2026UNLISTEDOPTEXERCISABLEAT$0.20EXPIRING 09/08/2027

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number acquired	1,484,615 PERF RIGHTS EXPIRING 09/08/20262,076,000 UNLISTED OPT EXERCISABLE AT$0.20 EXPIRING 09/08/2027
Number disposed	Nil
Value/ConsiderationNote: If consideration is non‐cash, provide details and estimatedvaluation	Non-cash. Performance Rights and OptionsIssued to Mr Hosack under the Company’s LongTerm Incentive Plan and as approved at theCompany’s 2023 AGM.
No. of securities held after change	(1.1)10,620,854 ORD FULLY PAID SHARES(1.2)3,000,000 UNLISTED OPT EXPIRING07/10/2026(1.3)650,000PERFRIGHTSEXPIRING07/10/2025(1.4)1,484,615 PERF RIGHTS EXPIRING09/08/2026(1.5)2,076,000UNLISTEDOPTEXERCISABLE AT $0.20 EXPIRING09/08/2027(2.0) 2,520,000 ORD FULLY PAID SHARES
Nature of changeExample: on‐market trade, off‐market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy‐back	Performance Rights and Options Issued to MrHosackundertheCompany’sLongTermIncentive Plan and as approved at the Company’s2023 AGM.

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	N/A
Name of registered holder(if issued securities)	N/A
Date of change	N/A
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	N/A
Interest acquired	N/A

• See chapter 19 for defined terms.

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01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Interest disposed	N/A
Value/ConsiderationNote: If consideration is non‐cash, provide detailsand an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	No
If so, was prior written clearance provided to allow the tradeto proceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

• See chapter 19 for defined terms.

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