DYNO NOBEL LIMITED. — Director's Dealing 2020

Dec 17, 2020

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	INCITEC PIVOT LIMITED
ABN	42 004 080 264

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	Name of Director	Name of Director	Jeanne Marie Johns	Jeanne Marie Johns	Jeanne Marie Johns	Jeanne Marie Johns	Jeanne Marie Johns
	ate of last notice		3 De	cember 2020

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.

	te: In the case of a company, interests w	hich come within paragraph (i) of the d	hich come within paragraph (i) of the d	efinition of “notifiable interest of a dire	ctor” should be disclosed in this
	rt.
	Direct or indirect interest		Dit i	tt i Iit Pit Li	itd
			rec	eres n ncec vo	e
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to therelevant interest.
			N/A
Date of change			14 December 2020
No. of securities held prior to change			685,411 fully paid ordinary shares in Incitec Pivot Limited.1,473,633 performance rights (to acquire shares),consisting of:•134,115 performance rights allocated under the 2018Short Term Incentive Plan for CEO;•616,032 performance rights allocated under the2018/21 Long Term Incentive Plan; and•723,486 performance rights allocated under the2019/22 Long Term Incentive Plan.
Class			Ordinary shares
Number acquired			134,115 fully paid ordinary shares
Number disposed			Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation			$3.8959 per share (VWAP from 3–30 September 2018)

• 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 after change	819,526 fully paid ordinary shares in Incitec Pivot Limited.1,339,518 performance rights (to acquire shares),consisting of:•616,032 performance rights allocated under the2018/21 Long Term Incentive Plan; and•723,486 performance rights allocated under the2019/22 Long Term Incentive Plan.
Nature of changeExample: on-market trade, off-market trade, exercise of options, issueof securities under dividend reinvestment plan, participation in buy-back	134,115 ordinary shares allocated to the MD&CEOfollowing the vesting of 134,115 performance rights on 30November 2020 under the 2018 Short Term Incentive Planfor the CEO.

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 interestrelated prior to changeNote: Details are only required for a contract in relation towhich the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation	N/A
Interest after change	N/A

Part 3 – +Closed period

Part 3 – +Closed period
Were the interests in the securities or contracts detailed above tradedduring a+closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade toproceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

Richa Puri Company Secretary 18 December 2020

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011