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	David Mazyck
Date of last notice	29 May 2020

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 Interest
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise tothe relevant interest.	N/A
Date of change	20 October 2023
No. of securities held prior to change	426,062 fully paid ordinary shares
Class	Unquoted Options
Number acquired	5,250,000
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details andestimated valuation	Nil consideration-2,250,000 Options vest when the 10-day VWAP share price reaches $0.30-3,000,000 be vest when the 10-dayVWAP 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 426,062 fully paid ordinary shares 5,250,000 Unquoted Options Nature of change Issue of Options to the Directors of the Example: on-market trade, off-market trade, exercise of Company under the Company’s Employee options, issue of securities under dividend reinvestment Option Plan, as approved by Shareholders at plan, participation in buy-back the AGM on 21 October 2020.

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	N/A	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 whichinterest related prior to changeNote: Details are only required for acontract in relation to which the interesthas changed	N/A
	Interest acquired	N/A
	Interest disposed	N/A
	Value/ConsiderationNote: If consideration is non-cash, providedetails and an estimated valuation	N/A
	Interest after change	N/A
Part 3 –+Closed period
Were the interests in the securities or contracts detailedNo
	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 wasthis provided?		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

Appendix 3Y Change of Director’s Interest Notice

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 3