ADVERITAS LIMITED — Director's Dealing 2020

Mar 2, 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	Mark McConnell
Date of last notice	26 February 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	Mrs B McConnell < Mcbren
(including registered holder)Note: Provide details of the circumstances giving rise to the relevant	Investment A/C>– Spouse
interest.
Date of change	2 March 2020
No. of securities held prior to change	Mera Vale No 4 Pty Ltd–
	Director and Shareholder
	23,248,368 fully paid ordinary shares.
	9,527,778 quoted options, exercisable at
	$0.10 on or before 25/10/2021.
	750,000 unquoted options exercisable at
	$0.20, expiring 27/3/2022.
	Mrs B McConnell < Mcbren
	Investment A/C>– Spouse
	5,000 quoted options, exercisable at $0.10
	on or before 25/10/2021.
Class	Fully paid ordinary shares.

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Number acquiredNumber disposedValue/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluationNo. of securities held after changeNature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back

149,665 fully paid ordinary shares.Nil.$0.15 per share.Mera Vale No 4 Pty Ltd–Director and Shareholder23,248,368 fully paid ordinary shares.9,527,778 quoted options, exercisable at$0.10 on or before 25/10/2021.750,000 unquoted options exercisable at$0.20, expiring 27/3/2022.Mrs B McConnell < McbrenInvestment A/C>– Spouse149,665 fully paid ordinary shares.5,000 quoted options, exercisable at $0.10on or before 25/10/2021.On market purchase.

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 contractNature of interestName of registered holder(if issued securities)Date of change	N/A
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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	No
If so, was prior written clearance provided to allow the tradeto proceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3