ADVERITAS LIMITED — Director's Dealing 2020

Jun 28, 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 ADVERITAS LIMITED ABN 88 156 377 141

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	Mathew James Ratty
Date of last notice	13 March 2020

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 relevantinterest.	MC Management Group Pty Ltd -director and shareholder.
Date of change	26 June 2020

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	MC Management Group Pty Ltd12,470,589 Fully paid ordinary shares.2,250,000 quoted options exercisable at$0.10 on or before 25/10/2021.MC Management Group Pty Ltd <TheMC Master A/C>2,582,682 fully paid ordinary shares.1,749,092 quoted options exercisable at$0.10 on or before 25/10/2021.Mathew James Ratty <The MathewRatty Testamentary Trust>500,000 Unlisted options, exercise price$0.45, expiring 30 March 2020.Mathew James Ratty <The MJR FamilyTrust>11,250,000 performance rights.Note-500,000 unlisted options held byMathew James Ratty <The Mathew RattyTestamentary Trust> exercisable at $0.45each expired on 30 March 2020.
Class	Fully paid ordinary shares (Shares)
Number acquired	2,727,273 Shares
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$0.055 per Share
No. of securities held after change	MC Management Group Pty Ltd15,197,862 Fully paid ordinary shares.2,250,000 quoted options exercisable at$0.10 on or before 25/10/2021.MC Management Group Pty Ltd <TheMC Master A/C>2,582,682 fully paid ordinary shares.1,749,092 quoted options exercisable at$0.10 on or before 25/10/2021.Mathew James Ratty <The MJR FamilyTrust>11,250,000 performance rights.

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Nature of change Issue of shares under a placement Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in approved by shareholders on 24 June buy-back 2020.

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
Name of registered holder
(if issued securities)
Date of change
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
Interest acquired
Interest disposed
Value/Consideration
Note: If consideration is non-cash, provide details
and an estimated valuation
Interest after change

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?

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3