BABYLON PUMP & POWER LIMITED — Director's Dealing 2023

Dec 21, 2023

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 : Babylon Pump & Power Limited

ABN : 47 009 436 908

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	Mr Mic	hael Shelby
Date of last notice	9 Octob	er 2023

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.

==> picture [433 x 290] intentionally omitted <==

----- Start of picture text ----- Direct or indirect interest Direct and indirectNature of indirect interest 7,000,000 Ordinary Shares held by West(including registered holder) Feliciana Holdings Pty Ltd as trustee for theNote: Provide details of the circumstances giving rise to the relevant interest. Second Shelby Family TrustDate of change 21 December 2023No. of securities held prior to change 1) Direct interest in 8,963,493 OrdinaryShares2) Indirect interest in 7,000,000 OrdinaryShares held by West Feliciana Holdings PtyLtd as trustee for the Second Shelby FamilyTrust3) 14,810,819 Performance RightsClass 1) Ordinary shares2) Ordinary shares3) Performance RightsNumber acquired 1) 14,810,819Number disposed N/A----- End of picture text -----

• See chapter 19 for defined terms.

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	Ordinaryshareswereissueduponconversion of performance rights for nofurther consideration or payment
No. of securities held after change	1) Direct interest in 23,774,312 OrdinaryShares2) Indirect interest in 7,000,000 OrdinaryShares held by West Feliciana HoldingsPty Ltd as trustee for the Second ShelbyFamily Trust
Nature of changeExample: on-market trade, off-market trade, exercise of options, issueof securities under dividend reinvestment plan, participation in buy-back	Performance rights converted to ordinaryshares

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.

==> picture [434 x 401] intentionally omitted <==

----- Start of picture text ----- Detail of contract N/ANature of interest N/AName of registered holder N/A(if issued securities)Date of change N/ANo. and class of securities to which N/Ainterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changedInterest acquired N/AInterest disposed N/AValue/Consideration N/ANote: If consideration is non-cash, provide details andan estimated valuationInterest after change N/APart 3 – [[+]] Closed periodperioderiodWere the interests in the securities or contracts detailed Noabove traded during a [+] closed period where prior writtenclearance was required?If so, was prior written clearance provided to allow the N/Atrade to proceed during this period?----- End of picture text -----

Part 3 –[[+]] Closed periodperioderiod

• See chapter 19 for defined terms.

Appendix 3Y Page 2

Appendix 3Y Change of Director’s Interest Notice

If prior written clearance was provided, on what date was this provided?

N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 1