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	Mathew James Ratty
Date of last notice	1 June 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 relevantinterest.	MC Management Group Pty Ltd <TheMC Master A/C>andMC ManagementGroup Pty Ltd –Director, shareholder and beneficiary ofaccounts.
Date of change	25 October 2021

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to 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>4,750,000 fully paid ordinary shares(voluntarily escrowed to 28/5/22).11,000,000 performance rights.Paterson Road Investments Pty Ltd<Paterson Road Investment A/C>180,000 fully paid ordinary shares
Class	Fully paid ordinary shares
Number acquired	3,750,000 fully paid ordinary shares
Number disposed	3,750,000 quoted options exercisable at$0.10 on or before 25/10/2021 wereexercised.
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$375,000 ($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	MC Management Group Pty Ltd
	17,447,862 fully paid ordinary shares.
	MC Management Group Pty Ltd <The
	**MC Master A/C> ***
	4,082,682 fully paid ordinary shares.
	Mathew James Ratty <The MJR Family
	Trust>
	4,750,000 fully paid ordinary shares
	(voluntarily escrowed to 28/5/22).
	1,000,000 performance rights. **
	Paterson Road Investments Pty Ltd
	<Paterson Road Investment A/C>
	180,000 fully paid ordinary shares
	Note –
	* 249,092 quoted options exercisable at
	$0.10 lapsed on 25/10/2021.
	** 10,000,000 performance rights have
	lapsedinaccordancewiththe
	Company’s Performance Rights and
	Options Plan.
Nature of change	Exercise of 3,750,000 quoted options 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 $375,000.

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

• See chapter 19 for defined terms.

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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