ADX ENERGY LTD — Director's Dealing 2020

Mar 10, 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: 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	Paul Fink
Date of last notice	14 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	10 and 11 March 2020
	41,610,327 Fully Paid Ordinary Shares
	3,415,961 Unlisted Options. Exercise price
	Nil cents, expire 31/5/2022
	7,208,036 Unlisted Options. Exercise price
	Nil cents, expire 31/5/2023
No. of securities held prior to change	6,182,143 Unlisted Options. Exercise price
	Nil cents, expire 31/7/2023
	4,295,454 Unlisted Options. Exercise price
	Nil cents, expire 31/10/2023
	4,687,500 Unlisted Options. Exercise price
	Nil cents, expire 31/01/2024

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

	Fully Paid Ordinary Shares
Class	Unlisted Options
Number acquired	1,697,313 shares (on-market)25,789,094 shares (upon exercise of options)
Number disposed	25,789,094 unlisted options exercised
Value/Consideration	1,697,313 Shares - $12,000
Note: If consideration is non-cash, providedetails and estimated valuation	25,789,094 shares, nil (upon exercise ofoptions with nil exerciseprice)
	69,096,734 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 underdividend reinvestment plan, participation in	1,697,313 shares (on-market trade 10/3/20)25,789,094 shares (upon exercise of options)
buy-back

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

art 3 –+Closed period
Were the interests in the securities or contracts detailed abovetraded during a+closed period where prior written clearancewas required?	No
If so, was prior written clearance provided to allow the trade toproceed 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