ADX ENERGY LTD — Director's Dealing 2022

Feb 8, 2022

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	23 November 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.

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 and Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstancesgiving rise to the relevant interest.	NGX Commodities Ltd. – which Mr Etienvre is abeneficiary
Date of change	8 February 2022
No. of securities held prior to change	Direct• 3,127,352 Fully Paid Ordinary SharesIndirect• 6,835,266 Fully Paid Ordinary Shares
Class	Fully Paid Ordinary Shares
Number acquired	295,454 – Direct492,188 - Indirect
Number disposed	-
Value/ConsiderationNote: If consideration is non-cash, providedetails and estimated valuation	$8,674 Non-cash – value based on director fees(including consulting)

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Direct

• 3,422,806 Fully Paid Ordinary Shares No. of securities held after change Indirect • 7,327,454 Fully Paid Ordinary Shares Issued pursuant to ADXs’ Directors’ Share Plan approved by Shareholders on 28 May 2021. Nature of change 295,454 shares issued in consideration of part Example: on-market trade, off-market trade, directors fees and 492,188 shares issued in exercise of options, issue of securities under consideration of consulting for the quarter ended dividend reinvestment plan, participation in 31 December 2021. Number of shares based on buy-back fees to be paid via equity and VWAP for the relevant 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 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