CLOSE THE LOOP LTD. — Director's Dealing 2023

Nov 26, 2023

Appendix 3X Initial Director’s Interest Notice

Rule 3.19A.1

Appendix 3X

Initial 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 30/9/2001.

Name of entity Close the Loop Limited ABN 91 095 718 317

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Sammy Saloum
Date of appointment	23 November 2023

Part 1 - Director’s relevant interests in securities of which the director is the registered holder 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.

Number & class of securities

Sammy Saloum has a direct interest in 15,000,000 Convertible Notes, each with a face value of US$1.00 (therefore, a total of US$15 million), an interest rate of 4% per annum, a maturity date of 31 March 2026, and convertible at maturity into new Shares at a price of A$0.74 per share, with 7,500,000 Convertible Notes convertible into new Shares at the election of Sammy Saloum and the other 7,500,000 Convertible Notes convertible into new Shares at the election of Close the Loop.

• See chapter 19 for defined terms.

Appendix 3X Page 1

11/3/2002

Appendix 3X Initial Director’s Interest Notice

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interest	Number & class of Securities
Note: Provide details of the circumstances giving
rise to the relevant interest.
ASLDH LP, an entity controlled	44,616,616 fully paid ordinary shares
by Sammy Saloum

Part 3 – 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	Nil
Nature of interest
Name of registered holder
(if issued securities)
No. and class of securities to which
interest relates

• See chapter 19 for defined terms.

Appendix 3X Page 2

11/3/2002