COSOL LIMITED — Director's Dealing 2021

Nov 25, 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 COSOL Limited ABN 66 635 371 363

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	Ben Buckley
Date of last notice Date of this notice	6 October 2021 26 November 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
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Indirect Buckley Advisory Group Pty Ltd, an entity in which Mr Buckley is a director and shareholder.
Date of change	25 November 2021
No. of securities held prior to change	Indirect 800,000 options exercisable at $0.3625 on or before 15 October 2021 1,200,000 options exercisable at $0.415 on or before 15 October 2023 1,500,000 options exercisable at $0.90 on or before 29 September 2024 1,500,000 options exercisable at $1.00 on or before 29 September 2024
Class	a) Ordinary shares b) Options exercisable at $0.3625 on or before 15 October 2021
Number acquired	a) 800,000

• See chapter 19 for defined terms.

01/01/2011

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Appendix 3Y Change of Director’s Interest Notice

Number disposed	a) 500,000 b) 800,000
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	a) $300,000 b) ($290,000)
No. of securities held after change	Indirect 300,000 ordinary shares 1,200,000 options exercisable at $0.415 on or before 15 October 2023 1,500,000 options exercisable at $0.90 on or before 29 September 2024 1,500,000 options exercisable at $1.00 on or before 29 September 2024
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	a) Exercise of unlisted options b) On market trade

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 (if issued securities)	N/A
**Date of change **	N/A
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	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
**Interest after change **	N/A
Part 3 –+Closedperiod
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 2