TORQUE METALS LIMITED.. — Director's Dealing 2023

Dec 4, 2023

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 Torque Metals Limited ABN 44 621 122 905

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	Antony L. Lofthouse
Date of last notice	16 November 2023

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.	Mr. Lofthouse is a director and 50% shareholder of: - Porites Pty Ltd - Porites Pty Ltd Mrs. H. Lofthouse (Spouse)
Date of change	30 November 2023

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	Porites Pty Ltd • 370,000 Fully Paid Ordinary Shares • 25,000 Unlisted Options exercisable at $0.30 each on or before 28 December 2023 • 100,000 Unlisted Options exercisable at $0.25 each on or before 7 May 2026 Porites Pty Ltd • 5,000 Unlisted Options exercisable at $0.30 each on or before 30 November 2023 • 500,000 Performance Rights – Class A • 500,000 Performance Rights – Class B Mrs. H. Lofthouse (Spouse) • 30,000 Fully Paid Ordinary Shares • 7,500 Unlisted Options exercisable at $0.30 on or before 30 November 2023 Antony L. Lofthouse • 500,000 Performance Rights – Class A • 500,000 Performance Rights – Class B
Class	Unlisted Options exercisable at $0.30 on or before 30 November 2023
Number acquired	Nil
Number disposed	12,500 expired unexercised options
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	N/A
No. of securities held after change	Porites Pty Ltd • 661,666 Fully Paid Ordinary Shares • 25,000 Unlisted Options exercisable at $0.30 each on or before 28 December 2023 • 100,000 Unlisted Options exercisable at $0.25 each on or before 7 May 2026 Porites Pty Ltd • 500,000 Performance Rights – Class A • 500,000 Performance Rights – Class B Mrs. H. Lofthouse (Spouse) • 30,000 Fully Paid Ordinary Shares Antony L. Lofthouse • 500,000 Performance Rights – Class A • 500,000 Performance Rights – Class B

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Nature of change Expiration of Unlisted Options Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

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	N/A
Name of registered holder (if issued securities)	N/A
Date of change	N/A
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	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

Part 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?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3