Bannerman Energy : Change of Director's Interest Notice

For personal use only

ASX ANNOUNCEMENT

22 NOVEMBER 2021

The Manager

Company Announcements Office

Australian Securities Exchange Limited

Level 40, Central Park

152-158 St Georges Terrace

Perth WA 6000

BANNERMAN ENERGY LTD - Announcement

Bannerman Energy Ltd (ASX: BMN) ("Company") ("Bannerman") lodges the following announcement:

• Appendix 3Y (Brandon Munro)
• Appendix 3Y (Clive Jones)
• Appendix 3Y (Ian Burvill)

Please feel free to contact me should you have any queries in relation to the announcement.

Yours sincerely

Robert Orr

Company Secretary

Person who authorised the announcement:

Robert Orr

Company Secretary

Bannerman Energy Ltd	Wbannermanenergy.com
Suite 7, 245 Churchill Avenue, Subiaco, Western Australia 6008	T [phone]
PO Box 1973, Subiaco, Western Australia 6008	[e-mail]

For personal use only

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 Bannerman Energy Ltd

ABN	34 113 017 128

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	Brandon Munro
Date of last notice	19 October 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	Indirect
Nature of indirect interest	Securities held by Sequoi Nominees Pty Ltd as trustee
(including registered holder)
for Sequoi Trust, a trust in which Mr Munro has a
Note: Provide details of the circumstances
relevant interest and Namib Nominees Pty Ltd as trustee
giving rise to the relevant interest.
for Namib Super Fund, a Super Fund in which Mr Munro
	has a relevant interest.
Date of change	22 November 2021

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

For personal use only

Appendix 3Y

Change of Director's Interest Notice

	No. of securities held prior to change	Indirect:
		Namib Nominees Pty Ltd
		3,500,000 Fully Paid Ordinary Shares
		Sequoi Nominees Pty Ltd
		4,282,931 Fully Paid Ordinary Shares
		6,666,700	CEO Performance Rights vesting (subject to
			performance hurdles) on 15 November 2021
		7,186,634	CEO Performance Rights vesting (subject to
			performance hurdles) on 15 November 2022
		10,250,000 CEO Performance Rights vesting (subject to
			performance hurdles) on 15 November 2023
	Class	Fully Paid Ordinary Shares and CEO Performance
		Rights
	Number acquired	6,666,700 Fully Paid Ordinary Shares
	Number disposed	6,666,700	CEO Performance Rights vesting (subject to
			performance hurdles) on 15 November 2021
		102,500 CEO Performance Rights vesting (subject to
		performance hurdles) on 15 November 2023
	Value/Consideration	Nil
	Note: If consideration is non-cash, provide
	details and estimated valuation
	No. of securities held after change	Indirect:
		Namib Nominees Pty Ltd
		3,500,000 Fully Paid Ordinary Shares
		Sequoi Nominees Pty Ltd
		10,949,631 Fully Paid Ordinary Shares
		7,186,634	CEO Performance Rights vesting (subject to
			performance hurdles) on 15 November 2022
		10,147,500 CEO Performance Rights vesting (subject to
			performance hurdles) on 15 November 2023

+ See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

For personal use only

Appendix 3Y

Change of Director's Interest Notice

Nature of change
Example: on-market trade, off-market trade,	EIP - Performance Rights vesting and cancellation.
exercise of options, issue of securities under
dividend reinvestment plan, participation in
buy-back

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

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?

Date of this Notice: 22 November 2021

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

For personal use only

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 Bannerman Energy Ltd

ABN	34 113 017 128

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	Clive Jones
Date of last notice	26 October 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	Indirect
Nature of indirect interest	Securities held by Widerange Corporation Pty
(including registered holder)	Ltd a company in which Mr Jones has a
Note: Provide details of the circumstances giving rise to the	relevant interest and Clive Jones as trustee for
the Alyse Investment Trust, a trust in which Mr
relevant interest.
	Jones has a relevant interest.
Date of change	22 November 2021

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