ADX ENERGY LTD — Director's Dealing 2020

Jun 28, 2020

Appendix 3Y Change of Director’s Interest Notice

ule 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: ADX Energy Ltd ABN: 50 009 058 636

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	Edouard Etienvre
Date of last notice	8 January 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.

ote: In the case of a company, interests which come within paragraph (i)disclosed in this part.	of the definition of “notifiable interest of a director” should be
Direct or indirect interest	Direct
Nature of indirect interest
(including registered holder)
Note: Provide details of the circumstances
giving rise to the relevant interest.
Date of change	26 June 2020
No. of securities held prior to change	Nil
	Fully Paid Ordinary Shares
Class	Unlisted Options
Number acquired	429,339 shares5,000,000 options
Number disposed	-
Value/ConsiderationNote: If consideration is non-cash, providedetails and estimated valuation	Shares - $3,005.38 Non-cash – value based ondirector feesOptions - $nil

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

• 429,339 Fully Paid Ordinary Shares.

No. of securities held after change

Nature of change

Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

• 5,000,000 Unlisted Options. Exercise price 1.3 cents, expire 26/6/2021

Shares - Issued pursuant to ADXs’ Directors’ Share Plan approved by Shareholders on 26 June 2020. Issued in consideration of part directors fees for the quarter ended 31 March 2020. Number of shares based on directors fees to be paid via equity and VWAP for the quarter ended 31 March 2020.

Options granted pursuant to Letter of Appointment and approved by Shareholders on 26 June 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 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

art 3 –+Closed period
Were the interests in the securities or contractsdetailed above traded during a+closed periodwhere prior written clearance was required?	No
If so, was prior written clearance provided to allowthe trade to proceed during this period?	N/A
If prior written clearance was provided, on whatdate was this provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011