CL8 HOLDINGS LIMITED — Director's Dealing 2017

Apr 4, 2017

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 Collaborate Corporation Ltd ABN 60 066 153 982

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	Adrian Maxwell Bunter
Date of last notice	11 March 2016

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
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving riseto the relevant interest.		Not applicable
Date of change		4 April 2017
No. of securities held prior to change		Direct3,500,000 fully paid ordinary shares (“Shares”)413,738 options exercisable at $0.02 each with anexpiry date of 30 April 2017 (“Options”)1,000,000 options exercisable at $0.03 each withan expiry date of 28 November 2018 (“DirectorOptions”)1,500,000 Officer Options exercisable at $0.035with an expiry date of 30 November 2018(“Officer Options”).IndirectNil

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Class		Fully paid ordinary shares.
Number acquired		413,738 Shares.
Number disposed		413,738 Options.
Value/ConsiderationNote: If consideration is non-cash, provide details andestimated valuation		$8,274.76
No. of securities held after change		Direct3,913,738 Shares.1,000,000 Director Options.1,500,000 Officer Options.IndirectNil.
Nature of changeExample: on-market trade, off-market trade, exercise ofoptions,issueofsecuritiesunderdividendreinvestment plan, participation in buy-back		Exercise of Options

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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	Share sale agreement between Mr Bunter andCollaborate in relation to the acquisition of theissued capital of Drive My Car Rentals Pty Ltd (ACN075 505 494) (“DMCR”) (“SSA”).
Nature of interest	Mr Bunter has an entitlement to Tranche 2Consideration Shares (as defined below) under theSSA. The issue of Tranche 2 Consideration Shares issubject to DMCR achieving an audited annual netprofit before tax of at least $500,000 in anyconsecutive 12 month period in the 36 monthsfollowing the Settlement Date, being 19 February2014.
Name of registered holder(if issued securities)	Mr Adrian Maxwell Bunter.
Date of change	19 February 2017
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	489,368 fully paid ordinary shares in the issuedcapital of Collaborate (subject to any adjustmentforanyreorganisationofCollaborateinaccordance with Chapter 7 of the ASX ListingRules) (Tranche 2 Consideration Shares).
Interest acquired	Nil
Interest disposed	Tranche 2 Consideration Shares will not be issuedas the criteria for their issue was not satisfied by 19February 2017.
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation	Nil
Interest after change	Nil.

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securitiesor contracts detailed above tradedduring a+closed period where prior**written clearance was required? **	No. Although the exercise of options took place ina Closed Period, the Company’s Securities TradingPolicy does not apply to the exercise of optionsduring a Closed Period.
If so, was prior written clearanceprovided to allow the trade to**proceed during this period? **
If prior written clearance wasprovided, on what date was this**provided? **

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3