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SANTOS LIMITED Director's Dealing 2024

Mar 4, 2024

65872_rns_2024-03-04_28bf0fdb-487e-49ab-a7bb-ea7a47e99525.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 28 February 2024

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 CPU Share Plans Pty Ltd as Santos’
employee share plan trustee and shares held by
K&S Gallagher Holdings Pty Ltd A/C>
Date of change 29 February 2024
No. of securities held prior to change 453,630 fully paid ordinary shares (indirect
interest through CPU Share Plans Pty Ltd as
Santos’ employee share plan trustee)
1,450,000 fully paid ordinary shares (indirect
interest through Gallagher family A/C – K & S
Gallagher Holdings Pty Ltd)
2,504,588 Share Acquisition Rights granted under
SEEIP, previously known as SESPP
149,623 restricted fully paid ordinary shares held
by the employee share plan trustee (2022
deferred STI)
898 share acquisition rights granted under
ShareMatch (2020 ShareMatch – 4 year vesting)
898 restricted fully paid ordinary shares held by
the
employee
share
plan
trustee
(2020
ShareMatch – 4 year vesting)
  • See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Class Fully paid ordinary shares
Number acquired
Number disposed 213,205 (on-market sale)
Value/Consideration
Note: If consideration is non-cash, provide details and estimated
valuation
1. AU $7.094105 per share (average price) in
relation to shares sold on-market on 29
February 2024
2. Off-market transfer for nil consideration
No. of securities held after change 1,690,425 fully paid ordinary shares (indirect
interest through Gallagher family A/C – K & S
Gallagher Holdings Pty Ltd)
2,504,588 Share Acquisition Rights granted under
SEEIP, previously known as SESPP
149,623 restricted fully paid ordinary shares held
by the employee share plan trustee (2022
deferred STI)
898 share acquisition rights granted under
ShareMatch (2020 ShareMatch – 4 year vesting)
898 restricted fully paid ordinary shares held by
the
employee
share
plan
trustee
(2020
ShareMatch – 4 year vesting)
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 29 February 2024, on-market sale of
213,205 fully paid ordinary shares to fund
pending personal tax obligations (being the
minimum number necessary to be sold to cover
the tax obligations) upon opening of a trading
window
2. Off-market transfer of 240,425 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

  • See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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

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