AUDINATE GROUP LIMITED — Director's Dealing 2020

Jul 20, 2020

Level 7, 64 Kippax St Surry Hills NSW 2010 Australia

==> picture [117 x 30] intentionally omitted <==

ASX announcement 21 July 2020

Appendix 3Y – Aidan Williams

Audinate Group Limited (ASX: AD8) (Audinate or the Company) refers to the Appendix 3Y for Aidan Williams which accompanies this letter, and advises as follows:

1. The Appendix 3Y relates to the notifiable interest of Aidan Williams which changed on 30 June 2020 following the issue of unlisted performance rights under the Company’s Long Term Incentive Plan. The Company issued an Appendix 3G on 30 June 2020 regarding the issue of performance rights and Mr Williams was identified in that disclosure, as was the number of performance rights issued to him on that date.

2. The Appendix 3Y which was due to have been lodged by 7 July 2020 has been lodged late due to an administrative oversight. Once identified by the Company, the Appendix 3Y was promptly lodged.

3. The Company has reviewed and updated the process relating to director interest’s disclosure and confirms that any changes in respect to Mr Williams’ interests will be reported to ASX in line with listing requirements in future. The Company confirms that a Director’s Disclosure Agreement is being put in place with each director of Audinate and the interests of each director are reviewed and confirmed regularly. The Company is satisfied that it has the necessary reporting and notification policies in place to ensure compliance with its disclosure obligations under ASX Listing Rule 3.19A, and considers the late lodgement of the Appendix 3Y to be an isolated incident.

4. The Company is satisfied that its procedures are adequate to ensure compliance with ASX Listing Rule 3.19B.

Authorisation: This announcement was authorised by the Board of Audinate Group Limited.

Investor and media enquiries

Rob Goss CFO & Company Secretary Ph: +61 2 8090 1000

P a g e | 1

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 Audinate Group Limited ABN 56 618 616 916

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	Aidan Williams
Date of last notice	16 September 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 relevant interest.	N/A
Date of change	30 June 2020
No. of securities held prior to change	1,910,907 fully paid ordinary shares 236,398 unlisted performance rights
Class	unlisted performance rights
Number acquired	40,114
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil financial consideration paid. Issued under the Company’s Long Term Incentive Plan.

• 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 after change	1,910,907 fully paid ordinary shares 276,512 unlisted performance rights
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Issued under the Company’s Long Term Incentive Plan.

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 (if issued securities)	N/A
Date of change	N/A
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	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011