COMET RIDGE LIMITED — Director's Dealing 2021

Feb 1, 2021

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 COMET RIDGE LIMITED ABN 47 106 092 577

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	TOR MCCAUL
Date of last notice	6 February 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 Direct and Indirect Nature of indirect interest (including registered holder) Tor Raymond McCaul Note: Provide details of the circumstances giving rise to the relevant interest. Tor and Trudy McCaul Pty Ltd <TR & TJ MCCAUL S/F A/C> Trudy Jasmine McCaul is the spouse of the Director Date of change 31 January 2021

• 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 prior to	change	Trudy J McCaul: 211,	546 Ordinary sh	ares
				Tor McCaul: 4,129,50	7 Ordinary Shar	es.
				Tor and Trudy McCauMCCAUL S/F A/C>: 2	l Pty Ltd <TR &,160,000 Ordina	TJry
				Shares
				Tor McCaul: 100000	0 Performance	ights
				,,linked to the decisioncommercial developm	to proceed withent of the Alban	they Gas
				Project in the GalileeExpiring 31 January 2	asin.021
				Tor McCaul: 750,000linked to the deliver	Performance Rif first commerci	ghtsal as
				yproduction for the Co	met Group.	g
				Expiring 31 Decembe	r 2021
				Tor McCaul: 750,000linked to the productio	Performance Rin of commercial	ghtsgas for
				a consecutive 30 daysto the Comet Grou	averaging 15T	J/d net
				p.Expiring 31 Decembe	r 2022
				Tor McCaul: 1,000,00linked to the productio	0 Performancen of commercial	ightsgas for
				a consecutive 30 days	averaging 20 T	J/d net
				to the Comet Group.Exirin 30 June 202
				pg
		Class
				Unlisted Performance	Rights
		Number acquired
				Nil
		Number disposed		1,000,000
		Value/Consideration
		Note: If consideration is non-cash, prov	ide details and estimated valuation
				Nil

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Trudy J McCaul: 211,546 Ordinary shares No. of securities held after change Tor McCaul: 4,129,507 Ordinary Shares. Tor and Trudy McCaul Pty Ltd <TR & TJ MCCAUL S/F A/C>: 2,160,000 Ordinary Shares Tor McCaul: 750,000 Performance Rights linked to the delivery of first commercial gas production for the Comet Group. Expiring 31 December 2021 Tor McCaul: 750,000 Performance Rights linked to the production of commercial gas for a consecutive 30 days averaging 15TJ/d net to the Comet Group. Expiring 31 December 2022 Tor McCaul: 1,000,000 Performance Rights linked to the production of commercial gas for a consecutive 30 days averaging 20 TJ/d net to the Comet Group. Expiring 30 June 2023 Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back Expiry of 1,000,000 Unlisted Performance Rights issued under Comet Ridge Employee Performance Rights Plan

Part 2 – Change of director’s interests in contracts N/A

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 registered holder (if issued securities) Date of change No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed

• See chapter 19 for defined terms.

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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

Part 3 –+Closed period
Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	No
If so, was prior written clearance provided to allow the tradeto proceed during this period?	Not Applicable
If prior written clearance was provided, on what date was thisprovided?	Not Applicable

• See chapter 19 for defined terms.

Appendix 3Y Page 4

01/01/2011