AMAERO LTD — Director's Dealing 2024

Aug 1, 2024

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 Amaero International Limited ABN 82 633 541 634

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	Bob Latta
Date of last notice	24 June 2024

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 & Indirect
Nature of indirect interest	1) Pegasus Growth Capital Fund I
(including registered holder)	Mr Latta is a partner of Pegasus
Note: Provide details of the circumstances giving rise to the relevantinterest.	Growth Capital and holds a minorityinterest in the shares held by
	Pegasus Growth Capital Fund in
	Amaero International Limited. Mr
	Latta and his spouse have an indirect
	beneficial interest in approximately
	6.3% of Pegasus’ total shares; and
	2) Robert Latta
Date of change	1 August 2024

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	1) 191,724,968 Fully Paid OrdinaryShares (indirect beneficial interest of6.3% of these shares held byPegasus);2) 18,673,464OptionsExpiring1August 2025, ex. $0.42;3) 25,000,000Options,Expiring28December 2026 ex. $0.24;4) 126,178,039 Listed Options expiring2 December 2025 ex. $0.18;5) 500,000 Options Expiring 31 October2033, Ex. $0.190 (held directly); and6) 500,000OptionsExpiring08November 2033, Ex. $0.248 (helddirectly).
Class	Ordinary Shares
Number acquired	400,000OrdinarysharesacquiredbyPegasus
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	$0.379 per share
No. of securities held after change	1) 192,124,968 Fully Paid OrdinaryShares (indirect beneficial interest of6.3% of these shares held byPegasus);2) 18,673,464OptionsExpiring1August 2025, ex. $0.42;3) 25,000,000Options,Expiring28December 2026 ex. $0.24;4) 126,178,039 Listed Options expiring2 December 2025 ex. $0.18;5) 500,000 Options Expiring 31 October2033, Ex. $0.190 (held directly); and6) 500,000OptionsExpiring08November 2033, Ex. $0.248 (helddirectly).
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	On Market Trade.

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Name of registered holder(if issued securities)	N/A
Date of change	N/A
No. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract in relationto which the interest has changed	N/A
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 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?	N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3