ADVERITAS LIMITED — Director's Dealing 2021

Oct 28, 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	Mark McConnell
Date of last notice	17 May 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	Mera Vale No 4 Pty Ltd <Mera Vale No.
(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	4 A/C>–Director and Shareholder
	Mrs B McConnell < Mcbren
	Investment A/C>– Spouse
Date of change	25 October 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	Mera Vale No. 1 Pty Ltd <Mera Vale No.1 Trust A/C>–Director and Shareholder8,000,000 fully paid ordinary shares.Mera Vale No 4 Pty Ltd <Mera Vale No.4 A/C>–Director and Shareholder50,265,035 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 27/3/2022.1,250,000 unquoted options exercisable at$0.15, expiring 3/7/2023.Mrs B McConnell < McbrenInvestment A/C>– Spouse1,330,000 fully paid ordinary shares.5,000 quoted options, exercisable at $0.10on or before 25/10/2021.BNP Paribas Nominees Pty Ltd HUB24Custodial Serv Ltd <DRP A/C>- M.McConnell is a beneficiary1,162,875 fully paid ordinary shares.
Class	Fully paid ordinaryshares
Number acquired	9,532,778 fully paid ordinary shares
Number disposed	9,532,778 quoted options exercisable at$0.10 on or before 25/10/2021 wereexercised.
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$953,277.80 ($0.10 each)

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

		No. of securities held after change	No. of securities held after change	No. of securities held after change	Mera Vale No. 1 Pty Ltd <Mera Vale No.1 Trust A/C>–Director and Shareholder	Mera Vale No. 1 Pty Ltd <Mera Vale No.1 Trust A/C>–Director and Shareholder	Mera Vale No. 1 Pty Ltd <Mera Vale No.1 Trust A/C>–Director and Shareholder	Mera Vale No. 1 Pty Ltd <Mera Vale No.1 Trust A/C>–Director and Shareholder	Mera Vale No. 1 Pty Ltd <Mera Vale No.1 Trust A/C>–Director and Shareholder	Mera Vale No. 1 Pty Ltd <Mera Vale No.1 Trust A/C>–Director and Shareholder	Mera Vale No. 1 Pty Ltd <Mera Vale No.1 Trust A/C>–Director and Shareholder	Mera Vale No. 1 Pty Ltd <Mera Vale No.1 Trust A/C>–Director and Shareholder	Mera Vale No. 1 Pty Ltd <Mera Vale No.1 Trust A/C>–Director and Shareholder	Mera Vale No. 1 Pty Ltd <Mera Vale No.1 Trust A/C>–Director and Shareholder
					8,000Mera	,000 fully paid ordinVale No 4 Pty Ltd			ary share<Mera V	s.ale No.
					4 A/C	>–tor and S2,813 fully00 unquoexpiring000 unquexpiringMcContment A00 fully	hareholderpaid ordinted optio27/3/2022.oted optio3/7/2023.nell < Mcb/C>– Spoupaid ordina		ary sharns exerci ns exercirensery shares	es.sable atsable at.HUB24>- M..
					Direc59,79750,0$0.20,
					120
					,5,$0.15,Mrs BInves1,335,0
					BNPCustoMcCo11628	Paribasdial Sennell is a75 fully p	Nr	omineesv Ltd <Dbeneficiarid ordina	Pty LtdRP A/Cyry shares	H>
					,,					.
		Nature of change			Exerci	se of 9,5	2,778 quot		ed optio	ns at an
		Example: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back			exercise price of $0.10 each at a total costof $953,277.80.

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	Detail of contract	Detail of contract	Detail of contract	Detail of contract	Detail of contract	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
	Nature of in		terest
	Name of regif id		istered holderiti
	( ssue secures)
	Date of change
	No. and class of securities to which
	iNr	nterest related priorote: Details are only requielation to which the interest		o changered for a contract in
				has changed
	I	nterest acquired

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

Appendix 3Y Change of Director’s Interest Notice

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 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.

Appendix 3Y Page 4

01/01/2011