PROSPECT RESOURCES LIMITED — Director's Dealing 2023

Aug 22, 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 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	Sam Hosack
Date of last notice	23 June 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	(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	21 August 2023
No. of securities held prior to change	(1.1) 9,970,854 - ORDINARY FULLY PAID
	SHARES
	(1.2) 3,000,000 - UNLISTED OPT EXP 07/10/2026
	@ $0.15
	(1.3) 2,000,000 - PERFORMANCE RIGHTS EXP
	07/10/2025
	(2) 2,520,000 - ORDINARY FULLY PAID SHARES
Class	PERFORMANCE RIGHTS EXP 07/10/2025
Number acquired	NIL
Number disposed	(1.3) 700,000 - PERFORMANCE RIGHTS EXP
	07/10/2025
Value/Consideration	NIL

• 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. of securities held after change	(1.1) 9,970,854 - ORDINARY FULLY PAIDSHARES(1.2) 3,000,000 - UNLISTED OPT EXP 07/10/2026@ $0.15(1.3) 1,300,000 - PERFORMANCE RIGHTS EXP07/10/2025(2) 2,520,000 - ORDINARY FULLY PAID SHARES
Nature of change	Lapse of unvested Performance Rights due to lessthan 100% of the FY23 short-term incentiveperformance hurdles being met.

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