Mayur Resources : Notification regarding unquoted securities - MRL

Notification of Issue, Conversion or Payment up of Unquoted Equity SecuritiesAnnouncement Summary

Entity name

For personal use only

MAYUR RESOURCES LIMITED

Date of this announcement Wednesday March 30, 2022

The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

Total number of +securities to be issued/transferred

Total number of

ASX +security	+securities to be
code	Security description	issued/transferred	Issue date
MRLAE	PERFORMANCE RIGHTS	5,150,000	28/03/2022

Refer to next page for full details of the announcementNotification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Notification of Issue, Conversion or Payment up of Unquoted Equity SecuritiesPart 1 - Entity and announcement details

For personal use only

1.1 Name of entity

MAYUR RESOURCES LIMITED

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type ARBN

1.3 ASX issuer code MRL

1.4 The announcement isNew announcement

1.5 Date of this announcement 30/3/2022

Registration number 619770277

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

For personal use only

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:has an existing ASX security code ("existing class")

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Part 3B - number and type of +securities the subject of this notification (existing class) where issue has not previously been notified to ASX in an Appendix 3B

For personal use only

ASX +security code and description

MRLAE : PERFORMANCE RIGHTS

Date the +securities the subject of this notification were issued 28/3/2022

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class

Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate?

Yes

Provide details of the KMP or +associates being issued +securities.

Name of KMP

Name of registered holder

Number of +securities

Simon Slesarewich

Simon Slesarewich 400,000

Thomas Charlton

Thomas Charlton 850,000

Jonathan Rees

Jonathan Rees 750,000

Darren Lockyer

Darren Lockyer 300,000

Ben Hawthorne

Ben Hawthorne 450,000

Kerry Parker

Kerry Parker

2,000,000

Ben Merlin

Ben Merlin

400,000

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the termshttps://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02450515-2A1338007?access_token=83ff96335c2d45a094df02a206a39ff4

Any other information the entity wishes to provide about the +securities the subject of this notification Adjustment to LTIP rights on issue following annual re-assessment process

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Issue details

Number of +securities

5,150,000

For personal use only

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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