ADVERITAS LIMITED — Director's Dealing 2021

Dec 12, 2021

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	29 October 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	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Mathew James Ratty **Trust> Trustee and beneficiary of account.
Date of change	10 December 2021

• 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 Ltd 17,447,862 fully paid ordinary shares. MC Management Group Pty Ltd **MC Master A/C> 4,082,682 fully paid ordinary shares. Mathew James Ratty **Trust> 4,750,000 fully paid ordinary shares (voluntarily escrowed to 28/5/22). 1,000,000 performance rights. Paterson Road Investments Pty Ltd 180,000 fully paid ordinary shares.
Class	Fully paid ordinary shares and performance rights
Number acquired	1,000,000 fully paid ordinary shares (voluntary escrowed until 10 December 2022) 10,000,000 performance rights
Number disposed	1,000,000 performance rights (on vesting)
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil consideration
No. of securities held after change	MC Management Group Pty Ltd 17,447,862 fully paid ordinary shares. MC Management Group Pty Ltd **MC Master A/C> 4,082,682 fully paid ordinary shares. Mathew James Ratty **Trust> 4,750,000 fully paid ordinary shares (voluntarily escrowed to 28/5/22). 1,000,000 fully paid ordinary shares (voluntarily escrowed to 10/12/22). 10,000,000 performance rights. Paterson Road Investments Pty Ltd 180,000 fully paid ordinary shares

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Vesting of 1,000,000 performance rights into 1,000,000 shares (voluntarily escrowed to 10/12/22). Issue of 10,000,000 performance rights as approved by shareholders at the AGM held on 23November 2021.

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

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
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

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3