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SANTOS LIMITED Director's Dealing 2022

Feb 27, 2022

65872_rns_2022-02-27_ae80907a-a6d8-43ab-98c4-5c54a07e1aa2.pdf

Director's Dealing

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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 SANTOS LIMITED ABN 80 007 550 923

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 Kevin Thomas Gallagher
Date of last notice 18 February 2022

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 and Indirect
Nature of indirect interest
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant
interest.
Shares held by Sesap Pty Ltd as Santos’ employee
share plan trustee and K&S Gallagher Holdings Pty
Ltd
Date of change 23 February 2022
No. of securities held prior to change 607,611 fully paid ordinary shares (direct and
indirect interest through the Santos employee
share plan trust – Sesap Pty Ltd)
1,588,357 fully paid ordinary shares (indirect
interest through Gallagher family A/C – K & S
Gallagher Holdings Pty Ltd)
2,402,231 Share Acquisition Rights granted under
SEEIP, previously known as SESPP
198,023 fully paid ordinary shares held by Sesap
Pty Ltd (2020 deferred STI)
1,796 Share Acquisition Rights granted under
ShareMATCH
1,796 fully paid ordinary shares held by Sesap Pty
Ltd(2020 Share MATCH)
Class Fully paid ordinary shares
Number acquired 207,611 (off-market transfers)
  • See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Number disposed 400,000 (on-market sale)
Value/Consideration
Note: If consideration is non-cash, provide details and estimated
valuation
1. AU $2,857,450 in relation to shares sold on-
market
2. Off-market transfer for nil consideration
No. of securities held after change 1,795,968 fully paid ordinary shares (indirect
interest through Gallagher family A/C – K & S
Gallagher Holdings Pty Ltd)
2,402,231 Share Acquisition Rights granted under
SEEIP, previously known as SESPP
198,023 fully paid ordinary shares held by Sesap
Pty Ltd (2020 deferred STI)
1,796 Share Acquisition Rights granted under
ShareMATCH
1,796 fully paid ordinary shares held by Sesap Pty
Ltd(2020 Share MATCH)
Nature of change
Example: on-market trade, off-market trade, exercise of options, issue
of securities under dividend reinvestment plan, participation in buy-
back
1. On-market sale following the opening of a
limited trading window of 400,000 fully paid
ordinary shares to fund historic and pending
personal tax obligations.
2. Off-market transfer of balance of 207,611
fully paid ordinary shares to K&S Gallagher
Holdings Pty Ltd
(indirect interest).

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

  • See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Interest after change

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed above No traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the trade to Not applicable proceed during this period? If prior written clearance was provided, on what date was this Not applicable provided?

  • See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3