DIGITALX LIMITED — Board/Management Information 2019

Jul 10, 2019

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ASX ANNOUNCEMENT

11 July 2019

Appointment of Non-Executive Chairman

DigitalX Ltd ( DigitalX or the Company ) is pleased to announce the appointment of Mr Toby Hicks as NonExecutive Chairman of the Company, effective immediately.

Mr Hicks replaces Mr Peter Rubinstein as Non-Executive Chairman. Mr Rubinstein will remain on the Board as a Non-Executive Director.

Mr Hicks has been a corporate lawyer advising public companies for over 15 years and is presently a Partner of Steinepreis Paganin. He is a former Governor of the University of Notre Dame Australia, a position he held for 16 years. He was a member of the University’s Audit and Finance Committee for 14 years and was a member of the Law School Advisory Board. In 2018, the University named the Toby Hicks Service to Student Community Award in honour of his contribution to the University over 23 years.

Mr Hicks has a strong understanding of the regulatory regime around the Company’s core Blockchain business and has been advising in this space for a number of years. He has also lectured on corporate governance and compliance in Western Australia. He was formerly a Director of the Company from August 2016 to September 2018.

Mr Hicks holds a Bachelor of Business (Management) and a Bachelor of Laws as well as a Graduate Diploma in Company Secretarial Practice from the Governance Institute and is a Chartered Secretary.

As part of his appointment to the Board, Mr Hicks (or his nominee) will be issued with 7.5 million performance rights, automatically capable of conversion on the Company’s shares trading on ASX achieving a volume weighted average trading price of not less than $0.09 for not less than 15 consecutive trading days within three years from the date of issue, and 2.5 million options exercisable at $0.10 on or before 30 June 2024 ( Incentive Securities ). Mr Hicks’ Incentive Securities will be issued under the Company’s available placement capacity under ASX Listing Rule 7.1.

An Appendix 3X “Initial Director’s Interest Notice” for Mr Hicks will follow in due course.

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About DigitalX

DigitalX is a blockchain and cryptoasset finance company with offices in Perth, Sydney and New York. The company offers advisory services for new token offerings, asset management focused on technology, including blockchain and cryptoassets, blockchain development and media services.

For further information, please contact:

DigitalX Limited Media Contact Leigh Travers Heidi Cuthbert Chief Executive Officer heidi.cuthbert@coincast.com leigh@digitalx.com T: +61 411 272 366 T: +61 439 376 847

Suite 1, Level 2, 66 Kings Park Road, West Perth WA 6005 ● T: +61 439 503 955 ● E: info@digitalx.com