Change of Director's Interest Notice x 4

Appendix 3Y

Change of Director's Interest Notice

Rule 3.19A.2

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 88 ENERGY LIMITED

ABN	80 072 964 179

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	Ashley Gilbert
Date of last notice	21 June 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

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
Nature of indirect interest	N/A
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant
interest.
Date of change	8 November 2021
No. of securities held prior to change	44,727,000 Performance Rights (subject
	to vesting conditions)
	11,200,000 Performance Rights (subject
	to vesting conditions)
Class	Performance Rights (subject to vesting
	conditions)
Number acquired	1. 10,000,000 Performance Rights

Appendix 3Y

Change of Director's Interest Notice

Number disposed	2.	2,264,460	vested	Performance
		Rights
	3.	2,409,000	lapsed	(unvested)
		Performance Rights
Value/Consideration	1.	Nil - the Performance Rights are
Note: If consideration is non-cash, provide details and estimated		being issued to the Managing
valuation
		Director	as	part	of	the
		remuneration package.
	2.	$67,933.80* ($0.03 per vested
		Performance Right)
	3.	N/A - lapsed Performance Rights
	*Cash Settlement - In accordance with
	Performance Rights Plan, vested and
	exercised Performance Rights may be
	satisfied at the absolute discretion of the
	Company in cash rather than Plan shares.
No. of securities held after change
	40,053,540 Performance Rights (subject to
	vesting conditions)
	11,200,000 Performance Rights (subject to
	vesting conditions)
	10,000,000 Performance Rights (subject to
	vesting conditions)

• See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 1

Appendix 3Y

Change of Director's Interest Notice

Nature of change	1.	The Performance Rights are being
Example: on-market trade, off-market trade, exercise of options,		issued to the Managing Director to
issue of securities under dividend reinvestment plan, participation in
	provide cost effective consideration
buy-back
		for his ongoing commitment and
		contribution to the Company. The
		issue of the Performance Rights
		was approved by shareholders at
		the General Meeting held on 8
		November 2021.
	2.	Vested and exercised Performance
		Rights settled via a cash settlement
		as allowed under the Performance
		Rights Plan
	3.	Lapse of unvested Performance
		Rights

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	N/A
(if issued securities)
Date of change	N/A
No. and class of securities to which	N/A
interest related prior to change
Note: Details are only required for a contract in
relation to which the interest has changed
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration	N/A
Note: If consideration is non-cash, provide details
and an estimated valuation
Interest after change	N/A

Part 3 - +Closed period

+ See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y

Change of Director's Interest Notice

Were the interests in the securities or contracts detailed	No
above traded during a +closed period where prior written
clearance was required?
If so, was prior written clearance provided to allow the trade	N/A
to proceed during this period?
If prior written clearance was provided, on what date was this	N/A
provided?

Rule 3.19A.2

• See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 3

Appendix 3Y

Change of Director's Interest Notice

Rule 3.19A.2

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 88 ENERGY LIMITED

ABN	80 072 964 179

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	Joanne Kendrick
Date of last notice	02 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

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
Nature of indirect interest	N/A
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant
interest.
Date of change	8 November 2021
No. of securities held prior to change	Nil

Class	Performance Rights (subject to vesting
	conditions)
Number acquired	10,000,000 Performance Rights