SUPERIOR RESOURCES LIMITED — Director's Dealing 2020

Mar 25, 2020

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	Superior Resources Limited
ABN	72 112 844 407

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	Peter Hwang
Date of last notice	23/03/2018

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 relevantinterest.
Date of change	30 June 2019 expiry of unlisted options31 August 2019 expiry of listed options
No. of securities held prior to change	DirectPeter Henry Hwang4,280,801OrdinaryFullyPaidShares("SPQ")428,080 Options (exercise price$0.016,expiry 31 August 2019)IndirectHBH Family Pty Ltd <hbh investment<br="">Trust>29,041,666 Ordinary Fully Paid Shares4,250,000Options (exercise price$0.03,expiry 30 June2019)2,904,166Options (exercise price$0.016,expiry 31 August 2019)

+ See chapter 19 for defined terms.

Class
Number acquired	Nil
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation
No. of securities held after change	DirectPeter Henry Hwang4,280,801OrdinaryFullyPaidShares("SPQ")IndirectHBH Family Pty Ltd <hbh investment<br="">Trust>29,041,666 Ordinary Fully Paid Shares
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back	Expiry of Options (exercise price$0.03,expiry 30 June2019)ExpiryofOptions(exercisepriceof$0.016,expiry 31 August 2019)

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 inrelation to which the interest has changed
Interest acquired

+ See chapter 19 for defined terms.

Interest disposed
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation
Interest after change

Part 3 – +Closed period

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

+ See chapter 19 for defined terms.