CARBONXT GROUP LIMITED — Director's Dealing 2023

Oct 25, 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 Carbonxt Group Limited ABN 59 097 247 464

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	Matthew Driscoll
Date of last notice	4 November 2022

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	Indirect Interest
Nature of indirect interest(including registered holder)Note: Provide details of the circumstancesgiving rise to the relevant interest.	M&M Driscoll Nominees Pty Ltd<The Driscoll Family A/C>an entity associated with the Director
Date of change	20 October 2023
No. of securities held prior tochange	2,083,881 Fully Paid Ordinary Shares
Class	Unquoted Options
Number acquired	2,000,000
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, providedetails and estimated valuation	Nil-1,000,000 Options vest when the 10-day VWAPshare price reaches $0.30-1,000,000 be vest when the 10-day VWAP shareprice reaches$0.45

• 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		2,083,881 Fully Paid Ordinary Shares
			2,000,000 Unquoted Options
Nature of change			Issue of Options to the Directors of the Company under
Example:on-markettrade,	off-market		the Company’s Employee Option Plan, as approved by
trade,exerciseofoptions,	issue	of	Shareholders at the AGM on 21 October 2020.
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

Part 3 –[+] Closed period

Part 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 2