Kogi Iron : Change of Directors Interest Notices

For personal use only

DIRECTOR'S INTEREST NOTICE

7 MARCH 2022

Australian based iron ore and steel development company, Kogi Iron Limited (ASX: KFE) (Kogi, Kogi Iron, or the Company) and its 100% owned Nigerian operating company, KCM Mining Limited (KCM), attaches Appendixes 3Ys for its directors Messrs Craig Hart, Richard Little, Peter Huljich and Sean Gregory.

The Appendixes 3Ys refer to the cancellation of Directors Options approved by the shareholders in the Annual General Meeting held on 15 December 2020 as advised in the ASX announcement on 8 February 2022.

The Company notes that the notice was not lodged within the requisite time frame due to an administrative oversight. The notice was prepared and lodged as soon as practicable once the Company became aware of the oversight.

The Company and Directors are aware of the requirements under ASX Listing Rule 3.19A and 3.19B. The administrative oversight has not affected the Company's current arrangement for ensuring timely notification in accordance with the listing rules and the Company is confident that the arrangements it currently has in place are adequate and doesn't believe that any additional steps are required to ensure ongoing compliance with listing rule 3.19B.

This announcement is authorised for release by the Board.

For further information, please contact:

Craig Hart

Non-Executive Chairman

Kogi Iron Limited

Tel (office): [phone]

Email: [e-mail]

Level 4, 100 Albert Road, South Melbourne, Vic 3205

website: www.kogiiron.com.auACN: 001 894 033

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 Kogi Iron Limited

ABN	28 001 894 033

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	Craig Hart
Date of last notice	11 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

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
	(including registered holder)
	Note: Provide details of the circumstances giving rise to the
	relevant interest.
	Date of change	8 February 2022
	No. of securities held prior to change	1,280,000 Fully Paid Ordinary Shares
		5,000,000 Unlisted Options (exercise $0.03,
		expires 15 December 2025)
		5,000,000 Unlisted Options (exercise $0.05,
		expires 15 December 2025)
		10,000,000 Unlisted Options (exercise $0.10,
		expires 15 December 2025)
	Class	Unlisted Options
	Number acquired	-

+ 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

Number disposed	5,000,000 Unlisted Options (exercise $0.03,
	expires 15 December 2025)
	5,000,000 Unlisted Options (exercise $0.05,
	expires 15 December 2025)
	10,000,000 Unlisted Options (exercise $0.10,
	expires 15 December 2025)
Value/Consideration	-
Note: If consideration is non-cash, provide details and estimated
valuation
No. of securities held after change	Direct
	1,280,000 Fully Paid Ordinary Shares
Nature of change	Cancellation of Directors Unlisted Options
Example: on-market trade, off-market trade, exercise of options,	approved by the shareholders in the Annual
issue of securities under dividend reinvestment plan, participation	General Meeting held on 15 December 2020
in buy-back	as advised in the ASX announcement on 8
	February 2022.

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 interest	N/A
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

+ 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

Interest after change	N/A

Part 3 - +Closed period

Were the interests in the securities or No contracts detailed above traded during a +closed period where prior written clearance was required?

If so, was prior written clearance provided to N/A allow the trade to proceed during this period?

If prior written clearance was provided, on N/A what date was this provided?

+ 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 Kogi Iron Limited

ABN	28 001 894 033

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	Richard Little
Date of last notice	11 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

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
	(Including registered holder)
	Note: Provide details of the circumstances giving rise to the
	relevant interest.
	Date of change	8 February 2022
	No. of securities held prior to change	Direct
		2,000,000 Fully Paid Ordinary Shares
		Indirect
		3,000,000 Unlisted Options (exercise $0.03,
		expires 15 December 2025)
		3,000,000 Unlisted Options (exercise $0.05,
		expires 15 December 2025) - subject to
		vesting conditions
		6,000,000 Unlisted Options (exercise $0.10,
		expires 15 December 2025) - subject to
		vesting conditions
	+ See chapter 19 for defined terms.	Appendix 3Y Page 1
01/01/2011