QEM LIMITED — Director's Dealing 2024

Mar 27, 2024

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 30/9/2001.

Name of entity	QEM Limited
ABN	13 167 966 770

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	Gavin Loyden
Date of last notice	6 December 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	Direct
	Tracey Loyden & Gavin Loyden
Nature of indirect interest
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant
interest.
Date of change	27 March 2024

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	Tracey Loyden & Gavin Loyden113,740 fully paid ordinary sharesGreenwich Global Pty Ltd <Loyden Family A/C>19,707,248 fully paid ordinary shares2,000,000 Unquoted options exercisable at $0.345expiring 12 August 2025250,000 share performance rights expiring 26August 2026 (3 years service)125,000 share performance rights expiring 26August 2026 ($0.40 share price)250,000 share performance rights expiring 26August 2027 (Strategic Investor)Tracey Loyden 884,299 fully paid ordinary shares
Class	Fully Paid Ordinary Shares
Number acquired	Tracey Loyden & Gavin Loyden25,403
Number disposed
Value/ConsiderationNote: If consideration is non-cash, provide detailsand estimated valuation	$4,000

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change

Tracey Loyden & Gavin Loyden139,143 fully paid ordinary sharesGreenwich Global Pty Ltd <Loyden Family A/C>19,707,248 fully paid ordinary shares2,000,000 Unquoted options exercisable at $0.345expiring 12 August 2025250,000 share performance rights expiring 26August 2026 (3 years service)125,000 share performance rights expiring 26August 2026 ($0.40 share price)250,000 share performance rights expiring 26August 2027 (Strategic Investor)Tracey Loyden 884,299 fully paid ordinary shares

Nature of changeExample: on-market trade, off-market trade,exercise of options, issue of securities underdividend reinvestment plan, participation in buy-back

On-market trade

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 Nature of interest Name of registered holder (if issued securities) Date of change No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

Part 3 –[+] Closed period

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Were the interests in the securities or contracts detailed abovetraded during a+closed period where prior written clearancewas required?	No
If so, was prior written clearance provided to allow the trade toproceed 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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