Resolute Mining Limited — Director's Dealing 2018

Oct 25, 2018

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 RESOLUTE MINING LIMITED ABN 39 097 088 689

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	Mr John Paul Welborn
Date of last notice	14 September 2018

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

Direct or indirect interest	Direct
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving riseto the relevant interest.	N/A
Date of change	26 October 2018
No. of securities held prior to change	4,500,000 fully paid ordinary shares564,000 Performance Rights vesting 30 June 2019600,000 Performance Rights vesting 30 June 20191,000,000 Performance Rights vesting 30 June 2020587,500 Performance Rights vesting 30 June 2020
Class	Performance Rights
Number acquired	277,559
Number disposed	N/A

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Value/Consideration	Performance Rights represent the Long-Term Incentive
Note: If consideration is non-cash, provide details andestimated valuation	component of remuneration for Mr Welborn and areissued for nil cash consideration. On vesting, one
	Performance Right is converted to one fully paid
	ordinary share in the Company. Vesting is subject to
	performance and other conditions set out in the
	Company’s Notice of Meeting for the 2018 Annual
	General Meeting. The issue of Performance Rights was
	approved by shareholders at the Annual General
	Meeting held on 26 October 2018.
No. of securities held after change	4,500,000 fully paid ordinary shares
	564,000 Performance Rights vesting 30 June 2019
	600,000 Performance Rights vesting 30 June 2019
	1,000,000 Performance Rights vesting 30 June 2020
	587,500 Performance Rights vesting 30 June 2020
	277,559 Performance Rights vesting 30 June 2021
Nature of change	Issue of Performance Rights pursuant to the 2017
Example: on-market trade, off-market trade, exerciseof options, issue of securities under dividendreinvestment plan, participation in buy-back	Resolute Mining Limited Performance Rights Planfollowing approval by shareholders at the AnnualGeneral Meeting held on 26 October 2018.

Part 2 – Change of director’s interests in contracts

Detail of contract	N/A
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

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Part 3 – Closed Period

Were the interests in the securities or No contracts detailed above traded during a closed period where prior written clearance was required? If so, was prior written clearance provided to N/A allow the trade to proceed during this period? If prior written clearance was provided, on N/A what date was this provided?

• See chapter 19 for defined terms.

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