YANDAL RESOURCES LIMITED — Director's Dealing 2022

Nov 10, 2022

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	MR TIMOTHY KENNEDY
Date of last notice	1 July 2022

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	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Lyndel Katherine Kennedy (Spouse)
Date of change	11 November 2022
No. of securities held prior to change	116,667 3,334 300,000 1,000,000 1,000,000	Fully Paid Ordinary Shares Unlisted Options expiring 31 December 2022 @ $0.65 Class C Performance Rights (150,000) Class D Performance Rights (150,000) Tranche 1 Unlisted Options expiring 4 April 2025 @ $0.50 Tranche 2 Unlisted Options expiring 4 April 2026 @ $1.00 (The Options may only be exercised if the Director being, or associated with, the holder continues as a Director until 4 April 2023)
Class	Fully paid ordinary shares plus one free attached New Option for every 2 New Shares issued
Number acquired	22,654 Fully paid ordinary shares 11,327 Unlisted Options expiring 31 October 2024 @ $0.24
Number disposed	-

• See chapter 19 for defined terms.

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Value/Consideration Note: If consideration is non-cash, provide details and estimatedvaluation	$2,718.48
No. of securities held after change	139,321 11,327 3,334 300,000 1,000,000 1,000,000	Fully Paid Ordinary Shares Unlisted Options expiring 31 October 2024 @ $0.24 Unlisted Options expiring 31 December 2022 @ $0.65 Class C Performance Rights (150,000) Class D Performance Rights (150,000) Tranche 1 Unlisted Options expiring 4 April 2025 @ $0.50 Tranche 2 Unlisted Options expiring 4 April 2026 @ $1.00 (The Options may only be exercised if the Director being, or associated with, the holder continues as a Director until 4 April 2023)
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Rights Issue

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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