YANDAL RESOURCES LIMITED — Director's Dealing 2021

Dec 22, 2021

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	22 November 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

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 December 2021
No. of securities held prior to change	(a) 4,464,563 Fully Paid Ordinary Shares 1,200,000 Class B Performance Rights (400,000) Class C Performance Rights (400,000) Class D Performance Rights (400,000) (b) 140,000 FullyPaid OrdinaryShares
Class	Fully Paid Ordinary Shares
Number acquired	129,059 Fully Paid Ordinary Shares 49,167 free attaching Unlisted Options expiring 31 December 2022 @ $0.65
Number disposed	-
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$51,330

• See chapter 19 for defined terms.

Appendix 3Y Page 1

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No. of securities held after change	(a) 4,570,288 Fully Paid Ordinary Shares 37,500 Unlisted Options expiring 31 December 2022 @ $0.65 1,200,000 Class B Performance Rights (400,000) Class C Performance Rights (400,000) Class D Performance Rights (400,000) (b) 163,334 Fully Paid Ordinary Shares 11,667 Unlisted Options expiring 31 December 2022 @ $0.65
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Entitlement Issue and on-market purchases

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

23.12.2021 BT