ADHERIUM LIMITED — Director's Dealing 2020

Aug 12, 2020

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	Adherium Limited
ABN	24 605 352 510

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	Bruce Fielding McHarrie
Date of last notice	3 December 2019

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	IssueofsecuritiestotheDirector’s
(including registered holder)	superannuation fund, Anticus Pty Ltd <The
Note: Provide details of the circumstances giving rise to the relevantinterest.	Anticus Super Fund A/C> for services of the
	Director
Date of change	7 August 2020
No. of securities held prior to change	(a) Direct interest in 300,000 ordinary fully
	paid shares.
	(b) Indirect interest in 977,587 ordinary fully
	paid shares through Anticus Pty Ltd <The
	Anticus Super FundA/C>
Class	Ordinary fully paid shares
Number acquired	500,000 loan-funded ordinary fully paid
	shares
Number disposed	Nil

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$20,000.00 by way of a loan from AdheriumLimited under the Employee Share Plan(500,000 shares at $0.04 per share) topurchase the shares. The loan matures on 7August 2021, at which point the Loan musteither be repaid in full, or the entitlement tothe loan-funded shares will lapse and they willbe cancelled.
No. of securities held after change	(a) Direct interest in 300,000 ordinary fullypaid shares.(b) Indirect interest in 1,477,587 ordinary fullypaid shares through Anticus Pty Ltd <TheAnticus Super Fund A/C>
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back	Issueofshareswiththeapprovalofshareholders under listing rule 10.14 forservices provided.

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	Not applicable
Nature of interest
Name of registered holder(if issued securities)
Date of change
No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed
Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation
Interest after change

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 Not applicable above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the trade Not applicable to proceed during this period? If prior written clearance was provided, on what date was this Not applicable provided?

• See chapter 19 for defined terms.

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