RESOURCES & ENERGY GROUP LIMITED — Director's Dealing 2021

Oct 17, 2021

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	Resources & Energy Group Limited
ABN	12 110 005 822

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 Rezos
Date of last notice	6 October 20201

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	Purchase of ordinary shares on market by
(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Vivien Enterprises Pte Limited
Date of change	a.11 October 2021
	b.13 October 2021
No. of securities held prior to change	Ordinary shares14,603,700
	Options8,000,000
	Exercise Price $0.08 each
	Expiry 31 August 2026
Class	a.Ordinary shares
	b.Ordinary shares
Number acquired	a.25,000
	b.630,000
Number disposed	-
Value/Consideration	a.$1,000
Note: If consideration is non-cash, provide details and estimatedvaluation	b.$28,772

+ See chapter 19 for defined terms.

No. of securities held after change	Ordinary sharesOptionsExercise Price $0.08 eachExpiry 31 August 2026	15,258,7008,000,000
Nature of changeExample: on-market trade, off-market trade, exercise of options, issueof securities under dividend reinvestment plan, participation in buyback	Purchase of ordinary shares on market byVivien Enterprises Pte Limited

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
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

Were the interests in the securities or contracts detailed	N/A
above traded during a +closed periodwhere prior written
clearance was required?
If so, was prior written clearance provided to allow the	N/A
trade to proceed during this period?
If prior written clearance was provided, on what date was	N/A
this provided?

+ See chapter 19 for defined terms.