SATURN METALS LIMITED — Director's Dealing 2020

Dec 20, 2020

Appendix 3Y

Rule 3.19A.2

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	Saturn Metals Limited
ABN	43 619 488 498

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	Ian Bamborough
Date of last notice	12th December 2019

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 therelevant interest.	Indirect – Roman Road Holdings Pty Ltd
Date of change	21st December 2021
No. of securities held prior to change	Direct – 63,941 FPO SharesIndirect – 1,500,000 FPO SharesOptions – 3,750,000 Share OptionsPerformance Rights - 250,000 Performance Rights
Class	Performance Rights
Number acquired	388,000 - Performance Rights
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	Nil
No. of securities held after change	Direct – 63,941 FPO SharesIndirect – 1,500,000 FPO SharesOptions – 3,750,000 Share OptionsPerformance Rights - 638,000 Performance Rights

+ See chapter 19 for defined terms.

Nature of change	388,000 performance rights which will vest upon satisfaction
Example: on-market trade, off-market trade, exercise of options,	of a specified milestone as approved by shareholders at the
issue of securities under dividend reinvestment plan,	Company's Annual General Meeting held on 26 November
participation in buy-back	2020.

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
Name of registered holder(if issued securities)
Date of change
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
Interestacquired
Interest disposed
Value/ConsiderationNote: If consideration is non-cash, provide details andan estimated valuation
Interest after change

Part 3 – +Closed period

Were the interests in the securities or contracts detailed above	No
traded during a +closed periodwhere prior written clearancewas required?
If so, was prior written clearance provided to allow the trade toproceed during this period?
If prior written clearance was provided, on what date was thisprovided?

+ See chapter 19 for defined terms.