ALS LIMITED — Director's Dealing 2019

Jul 8, 2019

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	ALS Limited
ABN	92 009 657 489

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	Raj NARAN
Date of last notice	9 April 2019

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	Direct
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	N/A
Date of change	2 July 2019
No. of securities held prior to change	Direct:47,173 ordinary shares58,171 ordinary shares (held under terms ofCompany’s LTI Plan)273,183 Performance Rights (includes grantsmade under the terms of Company’s LTIPlan in 2015,2016 and 2017)
Class	Performance Rights
Number acquired	nil
Number disposed	52,448 (7,500 lapsing/ 44,948 vesting)
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	Estimated value based on number of sharesvesting at closing share price on day ofvestingie 44,948@$7.70 = AUD$346,099.60

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	Refer to balances	below	below
Nature of change	Lapsing/Vesting	of	Performance	Rights
Example: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	under 2016 LTI Plan.

Balances of director’s other relevant interest in securities

Registered holder:	**No. of securities held: **
Direct Interest
Raj NARAN	47,173 ordinary shares
	103,119 ordinary shares (held under terms of
	Company’s LTI Plan)
	220,735 Performance Rights (includes grants made
	under the terms of Company’s LTI Plan in 2017 &
	2018)
Indirect Interest
Harsha NARAN -	15,000 fully paid ordinary shares
Ability to influence sale
TOTAL	165,292 ordinary shares
	220,735 Performance Rights

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	n/a
Name of registered holder	n/a
(if issued securities)
Date of change	n/a
No. and class of securities to which	n/a
interest related prior to change
Note: Details are only required for a contract in relation
to which the interest has changed

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Interest acquired	n/a
Interest disposed	n/a
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation	n/a
Interest after change	n/a

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.

01/01/2011 Appendix 3Y Page 3