SIMS LIMITED — Director's Dealing 2021

Nov 14, 2021

15 November 2021 The Manager Market Announcements Office ASX Limited Level 4, Bridge Street SYDNEY NSW 2000

Dear Sir/Madam,

Sims Limited (ASX:SGM) - AMENDED APPENDIX 3Y

I refer to the Appendix 3Y lodged on 7 September 2021 in respect of Mr Alistair Field. The Appendix 3Y contained an error in the number of shares acquired by Mr Field on 31 August 2021. The enclosed Appendix 3Y has been corrected and there are no further changes.

Yours Sincerely,

Gretchen Johanns Company Secretary

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 SIMS LIMITED
ABN	69 114 838 630

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	ALISTAIR FIELD
Date of last notice	13 November 2020

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 therelevant interest.	The ordinary shares acquired are held for thebenefit of Mr Field by the registered holderHSBC Custody Nominees (Australia) Limited –A/C 2 on behalf of Morgan Stanley Smith BarneyLLC,whichcompanyprovidesservicesinconnection with the entity's global employeeshare plan.
Date of change	31 August 2021

+ See chapter 19 for defined terms.

No. of securities held prior to change	Direct Interest
	839,944Performance Rights
	109,537 Options @9.38 exp 13/11/2022
	112,109 Options @10.51 exp 10/11/2023
	230,076 Options @13.43 exp 9/11/2024
	294,673 Options @12.34 exp 9/11/2025
	Indirect Interest
	51,994 ordinary shares
	(held by the registered holder –Samantha Field)
	174,348 ordinary shares (held by the registeredholder–HSBCCustodyNominees(Australia)Limited –A/C 2)
Class	(1)Performance Rights
	(2)Ordinary Shares
Number acquired	(1)35,656Ordinary Shares*following the
	vesting of Strategic Share Incentive
	Performance Rights (the Ordinary Shares are
	subject to aholding period, with 17,828
	released on 31 August 2024and 17,828
	released on 31 August 2025)
	*The number of shares is corrected to reflect the
	number of Ordinary Shares receivedby Mr Field.

Number disposed	(1)10,199Performance Rights (Strategic ShareIncentive Performance Rights) (vested)(2)270,991Performance Rights (forfeited andcancelled)
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	(1) Ordinary shares received following the vestingof Strategic Share Incentive Performance Rightswere valued at an averagepriceof $15.16pershare.
No. of securities held after change	Direct Interest558,754 Performance Rights109,537 Options @9.38 exp 13/11/2022112,109 Options @10.51 exp 10/11/2023230,076 Options @13.43 exp 9/11/2024294,673 Options @12.34 exp 9/11/2025Indirect Interest51,994 ordinary shares(held by the registered holder –Samantha Field)210,004ordinary shares (held by the registeredholder–HSBCCustodyNominees(Australia)Limited –A/C 2)

+ See chapter 19 for defined terms.

Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	(1)Acquisitionof35,656Ordinary Sharesfollowing the vesting of 10,199StrategicShareIncentivePerformanceRights(subject to a holding period with 17,828shares released on 31 August 2024and17,828shares released on 31 August 2025
	(2)Forfeiture and subsequent cancellationduetonon-vestingof270,991Performance Rights under the SimsMMPlan

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 which
interest related prior to changeNote: Details are only required for a contract in relationto which the interest has changed
Interest acquired

Interest disposed
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation
Interest after change

Part 3 – +Closed period

Were the interests in the securities or contracts detailedabove traded during a +closed periodwhere prior writtenclearance was required?	No
If so, was prior written clearance provided to allow the tradeto proceed during this period?
If prior written clearance was provided, on what date was thisprovided?

+ See chapter 19 for defined terms.