ASX Appendix 3Y – Change Director's Interest -Russell Chenu

Appendix 3Y
Change of Director’s Interest Notice



+ See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

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: Vulcan Steel Limited
ARBN: 652 996 015 (incorporated in New Zealand)

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 Russell Chenu
Date of last notice 26 March 2026
Date of this notice 16 September 2026

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
(including registered holder)
Note: Provide details of the circumstances giving rise to the
relevant interest.

Barratta Super Pty Ltd (ACN 600 154 461) as
trustee for Barratta Super Fund, of which
Russell Chenu is a beneficiary.
Russell Chenu is also a director and
shareholder of Barratta Super Pty Ltd.

Date of change 9, 10, 11 and 15 September 2026

No. of securities held prior to change 105,496 ordinary shares held by Barratta
Super Pty Ltd (ACN 600 154 461) as trustee
for Barratta Super Fund, of which Russell
Chenu is a beneficiary.

1,667 ordinary shares held by Russell Chenu
Class

Fully paid ordinary shares

Appendix 3Y
Change of Director’s Interest Notice



+ See chapter 19 for defined terms.

Appendix 3Y Page 2 01/01/2011

Number acquired






Barratta Super Pty Ltd – 15,000 ordinary
shares acquired, as follows:

 5,000 ordinary shares on 9 September
2026;
 13 ordinary shares on 10 September
2026; and
 7,487 ordinary shares on 11 September
2026; and
 2,500 ordinary shares on 15 September
2026.
Number disposed N/A

Value/Consideration
Note: If consideration is non-cash, provide details and estimated
valuation

Barratta Super Pty Ltd – total consideration
of AU$75,564.97, as follows:

 AU$25,564.97 on 9 September 2026;
 AU$65.65 on 10 September 2026;
 AU$37,559.35 on 11 September 2026;
and
 AU$12,375 on 15 September 2025.
No. of securities held after change 120,496 ordinary shares held by Barratta
Super Pty Ltd (ACN 600 154 461) as trustee
for Barratta Super Fund, of which Russell
Chenu is a beneficiary.

1,667 ordinary shares held by Russell Chenu
Nature of change
Example: on-market trade, off-market trade, exercise of options,
issue of securities under dividend reinvestment plan, participation
in buy-back
On-market trades on 9, 10, 11 and 15
September 2026

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
(if issued securities)

N/A
Date of change
N/A
No. and class of securities to
which interest related prior to
change
Note: Details are only required for a contract in
relation to which the interest has changed

N/A

Appendix 3Y
Change of Director’s Interest Notice



+ See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

Interest acquired
N/A
Interest disposed
N/A
Value/Consideration
Note: If consideration is non-cash, provide details
and an estimated valuation

N/A
Interest after change
N/A



Part 3 –
+
Closed period

Were the interests in the securities or
contracts detailed above traded during a
+
closed period where prior written
clearance was required?



No. Securities purchased on 9, 10, 11
and 15 September 2026 were purchased
within Vulcan Steel Limited’s (Vulcan)
permitted 28-day trading window
(following 48 hours after the release of
Vulcan’s FY26 results on 25 August
2026). However, written pre-approval is
still required under Vulcan’s Securities
Trading Policy. Vulcan’s Chair of the
Board (Rhys Jones) granted written prior
approval to trade on 8 September 2026.

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