VAULT MINERALS LIMITED — Director's Dealing 2021

Dec 12, 2021

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Red 5 Limited

PO Box 1911 West Perth 6872 Western Australia, Australia

Telephone: +61 8 9322 4455 Facsimile: +61 8 9481 5950

13 December 2021

ASX Market Announcements ASX Limited Level 4 20 Bridge Street SYDNEY NSW 2000

APPENDIX 3Y NOTICE

In accordance with ASX Listing Rule 3.19A.2, please find enclosed an Appendix 3Y notice on behalf of Mr Mark Williams.

Authorised by:

Frank Campagna Company Secretary

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	Red 5 Limited
ABN	73 068 647 610

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	Mark James Williams
Date of last notice	13 August 2021

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.

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	MOE Williams Pty Ltd (As Trustee for the MOE Family Trust) – beneficial interest
Date of change	10 December 2021
Number of securities held prior to change	14,439,852 Ordinary shares 2,030,056 Performance rights (2022) LTIP 1,526,102 Performance rights (2023) LTIP
Class	Long Term Incentive Plan (LTIP) Performance Rights (2024) and Project Incentive Opportunity (PIO) Performance Rights (2023)
Number acquired	2,266,484 LTIP Performance Rights and 1,510,989 PIO Performance Rights
Number disposed
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil

• See chapter 19 for defined terms.

Appendix 3Y Page 1

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Number of securities held after change	14,439,852 Ordinary shares 2,030,056 Performance rights (2022) LTIP 1,526,102 Performance rights (2023) LTIP 2,266,484 Performance rights (2024) LTIP 1,510,989 Performance rights (2023) PIO
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Issue of 2,266,484 Long Term Incentive Plan (LTIP) Performance Rights and 1,510,989 Project Incentive Opportunity (PIO) Performance Rights pursuant to the Red 5 Rights Plan as approved by shareholders at the annual general meeting of the Company held on 24 November 2021.

Part 2 – Change of director’s interests in contracts

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.

Details of contract Nature of interest Name of registered holder (if issued securities) Date of change Number 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?
If prior written clearance was provided, on what date was this provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011