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SANTOS LIMITED Director's Dealing 2024

Feb 27, 2024

65872_rns_2024-02-27_36feb840-3e27-4cd7-9139-1ff39b65882c.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 8 January 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 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
Date of change 21 and 22 February 2024
No. of securities held prior to change 217,847 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)
2,946,886 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 – 4year vesting)
Class Fully paid ordinary shares
  • See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Number acquired 235,783
Number disposed
Value/Consideration
Note: If consideration is non-cash, provide details and estimated
valuation
Shares released to Mr Gallagher for nil
consideration following vesting.
No. of securities held after 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)
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 21 February 2024, 208,321 fully paid
ordinary shares already held by the employee
share plan trustee were allocated for the
benefit of Mr Gallagher as a result of the vesting
of performance rights under Santos’ Long-Term
Incentive Plan. One fully paid share in Santos
allocated for each performance right vested. On
the same date, 233,977 rights under Santos’
Long Term Incentive Plan lapsed.
2. On 22 February 2024, 27,462 dividend
equivalent shares already held by the employee
share plan trustee were allocated for the
benefit of Mr Gallagher, related to the vesting
of 208,321 performance rights under Santos’
Long-Term Incentive Plan.

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

  • See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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

art 3 –+Closed period
Were the interests in the securities or contracts detailed above
traded during a+closed period where prior written clearance
was required?
No
If so, was prior written clearance provided to allow the trade to
proceed during this period?
Not applicable
If prior written clearance was provided, on what date was this
provided?
Not applicable
  • See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3