AUSQUEST LIMITED — Director's Dealing 2022

Dec 5, 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 AusQuest Limited ABN 35 091 542 451

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 DirectorDate of last notice	Christopher Ellis6 December 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.

	Direct or indirect interestNature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.Date of changeNo. of securities held prior to changeClass	Direct or indirect interestNature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.Date of changeNo. of securities held prior to changeClass	Direct or indirect interestNature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.Date of changeNo. of securities held prior to changeClass	Direct or indirect interestNature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.Date of changeNo. of securities held prior to changeClass		IndirectChrysalis Investments Pty Ltd of which MrEllis is a director and shareholder.30 November 2022Indirect174,916,293 fully paid ordinary shares9,523,810 unlisted options with an exerciseprice of $0.04 each, expiring on 1 March2023.5,000,000 unlisted options with an exerciseprice of $0.075 each, expiring on 30November 2024.Fully paid ordinary shares8,796,507Nil	IndirectChrysalis Investments Pty Ltd of which MrEllis is a director and shareholder.30 November 2022Indirect174,916,293 fully paid ordinary shares9,523,810 unlisted options with an exerciseprice of $0.04 each, expiring on 1 March2023.5,000,000 unlisted options with an exerciseprice of $0.075 each, expiring on 30November 2024.Fully paid ordinary shares8,796,507Nil	IndirectChrysalis Investments Pty Ltd of which MrEllis is a director and shareholder.30 November 2022Indirect174,916,293 fully paid ordinary shares9,523,810 unlisted options with an exerciseprice of $0.04 each, expiring on 1 March2023.5,000,000 unlisted options with an exerciseprice of $0.075 each, expiring on 30November 2024.Fully paid ordinary shares8,796,507Nil	IndirectChrysalis Investments Pty Ltd of which MrEllis is a director and shareholder.30 November 2022Indirect174,916,293 fully paid ordinary shares9,523,810 unlisted options with an exerciseprice of $0.04 each, expiring on 1 March2023.5,000,000 unlisted options with an exerciseprice of $0.075 each, expiring on 30November 2024.Fully paid ordinary shares8,796,507Nil
	NumberNumber	acquireddisosed				8N	,796,507il
		p

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration	$164,046.89
Note: If consideration is non-cash, provide details and estimated
valuation
No. of securities held after change	Indirect
	183,712,800 fully paid ordinary shares
	9,523,810 unlisted options with an exercise
	price of $0.04 each, expiring on 1 March
	2023.
	5,000,000 unlisted options with an exercise
	price of $0.075 each, expiring on 30
	November 2024.
Nature of change	On-market trade
Example: on-market trade, off-market trade, exercise of options, issue
of securities under dividend reinvestment plan, participation in buy-
back

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
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration	N/A
Note: If consideration is non-cash, provide details
and an estimated valuation
Interest after change	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

art 3 –+Closed period
Were the interests in the securities or contracts detailed	No
above traded during a+closed period where prior written
clearance was required?
If so, was prior written clearance provided to allow the	N/A
trade to proceed during this period?
If prior written clearance was provided, on what date was	N/A
this provided?

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3