AMAERO LTD — Director's Dealing 2023

Sep 4, 2023

Appendix 3X Initial Director’s Interest Notice

Rule 3.19A.1

Appendix 3X

Initial 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 30/9/2001.

Name of entity	Amaero International Limited
ABN	82 633 541 634

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Bob Latta
Date of appointment	4 September 2023

Part 1 - Director’s relevant interests in securities of which the director is the registered holder

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.

Number & class of securities

Nil.

• See chapter 19 for defined terms.

11/3/2002

Appendix 3X Page 1

Appendix 3X Initial Director’s Interest Notice

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of Number & class of Securities interest Note: Provide details of the circumstances giving rise to the relevant interest. Pegasus Growth Capital Fund I.

163,524,968 Ordinary Shares are held by Pegasus Growth Capital Fund I. Mr Latta is a partner of Pegasus Growth Capital and holds a minority Indirect beneficial interest in 4.7% of total shares interest in the shares held by held by Pegasus. Pegasus Growth Capital Fund in Amaero International Limited.

Mr Latta and his spouse have an indirect beneficial interest in approximately 4.7% of Pegasus’ total shares.

Part 3 – 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) No. and class of securities to which N/A interest relates

• See chapter 19 for defined terms.

Appendix 3X Page 2

11/3/2002