YANDAL RESOURCES LIMITED — Director's Dealing 2020

Nov 23, 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 30/9/2001.

Name of entity	Yandal Resources Limited
ABN	86 108 753 608

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	DAVID LAWRENCE HUGHES
Date of last notice	28 July 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

Direct or indirect interest	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	(a) Ms Renae Wainwright & Mr David Lawrence Hughes (Joint Holding) (b) D&R Hughes Super Pty Ltd Superannuation A/C>(Joint Holding)
Date of change	23 November 2020
No. of securities held prior to change	(a) 3,088,654 Fully Paid Ordinary Shares 90,909 Unlisted Options 27 cents, expiring 30 June 2021 1,950,000 Unlisted Options 25 cents, expiring 31 December 2021 (b) 100,000 FullyPaid OrdinaryShares
Class	Fully Paid Ordinary Shares by exercise of Unlisted Options
Number acquired	152,727
Number disposed	-
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$39,999
No. of securities held after change	(a) 3,241,381 Fully Paid Ordinary Shares 1,888,182 Unlisted Options 25 cents, expiring 31 December 2021 (b) 100,000 Fully Paid Ordinary Shares
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Exercise of options

• See chapter 19 for defined terms.

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Part 2 – Change of director’s interests in contracts

N/A

Part 3 – Closed period

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.

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.

Appendix 3Y Page 2

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