ADX ENERGY LTD — Director's Dealing 2021

Feb 15, 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: 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 November 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	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	16 February 2021
	•	1,435,290 Fully Paid Ordinary Shares
No. of securities held prior to change	•	5,000,000 Unlisted Options. Exercise price 1.3
		cents,expire 26/6/2021
	Fully Paid Ordinary Shares
Class
Number acquired	541,666
Number disposed	-
Value/ConsiderationNote: If consideration is non-cash, provide	$3,250 Non-cash – value based on director fees
details and estimated valuation

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

• 1,976,956 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

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 December 2020. Number of shares based on directors fees to be paid via equity and VWAP for that quarter.

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 contracts	No
detailed above traded during a+closed period
where prior written clearance was required?
If so, was prior written clearance provided to allow	N/A
the trade to proceed during this period?
If prior written clearance was provided, on what
date was this provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011