CAPRAL LIMITED — Director's Dealing 2022

Mar 6, 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	Capral Limited
ABN	78 004 213 692

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	Anthony Matthew Dragicevich
Date of last notice	12 May 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 interest	1. Direct2. Direct3. Indirect4. Direct
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise tothe relevant interest.	1. N/A2. N/A3. The Director has an indirect interest in shares heldbyDragantSuperPtyLtd<DragantSuperannuation Account> as he is the soledirector and shareholder of Dragant Super Pty Ltd.4. N/A
Date of change	07 March 2022
No. of securities held prior to change	1. 337,902 Ordinary shares2. 267,300 Performance Rights, 78,330 Rightsgranted under Capral’s Long Term Incentive Planthat may expire on 1 March 2022, 102,670 Rightsgranted under Capral’s Long Term Incentive Planthat may expire on 1 March 2023, and 86,300Rights granted under Capral’s Long TermIncentive Plan that may expire on 1 March 2024.3. 66,667 ordinary shares4. 39,460 Escrow shares expiring 31 December2023

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

	Class				1. Ordinary sha2. Performancei h	resrights that automatici Cl		ally convert tof i
					ordnary sarupon vesting	es n apra on a on		or one bass
					3. Ordinary sha4. Escrow share	ress
	Number acquired				1. 78330 Ordin	ary shares
					,4. 23,682 Escrow shares expiring 31 December2024
	Number disposed				Nil
	Value/Considerat	ion			1. $nil as per	Capral’s Long-Term		Incentive Plan
	Note: If considerationestimated valuation	is non-cash, provide details a		nd	Rules
					2. N/A3 N/A
					.4. $7.439 per	share being the 12-		month Volume
					Weighted Average Price as at 31 December 2021as per Capral’s Short-Term Incentive Plan Rules
	No. of securities held after change				1. 416,232 ordinary shares2. 188,970 Performance Rights, 102,670 Rightsgranted under Capral’s Long Term Incentive Planthat may expire on 1 March 2023, and 86,300Riht td d Cl’ L T
					gs grane uIncentive Plan that m		er apras ong ermay expire on 1 March 2024
					3. 66,667 ordinary shar		es
					4. 39,460 Escrow sha2023;23,682Es		res expiring 31 Decembercrowsharesexpiring31
					December 2024
	Nature of changeEl kt td ffkt t		i f		1. Shares issued pursu		ant to vesting of Share
	xampe: on-mare rae, o-mare raoptions, issue of securities under dividendln rtiitin in b-bk		e, exercse oreinvestment		Rights granted undeIncentive Plan rules		r the Capral Long Term
	pa, pacpao uyac				.
					2. N/A
					3. N/A
					4. Shares bought on m		arket under the Capral’s
					2021 Short-Term Incentive Plan Rules, 23,682held in escrow until 31 December 2024.

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
	Name of reistered holder
	g(if issued securities)
	Date of change
	No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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

Part 3 –[+] Closed period

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

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3