EMU NL — Director's Dealing 2024

Feb 25, 2024

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ASX Release
Change of Director’s Interest Notice
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Attached is an Appendix 3Y (Change of Director’s Interest Notice) for Mr Tim Staermose in respect of on market share purchases made from 19 February 2024.

Emu NL also advises that the Appendix 3Y for Tim Staermose dated 16 February 2024 inadvertently omitted a $250 on-market share purchase that occurred on 13 February 2024 (in addition to the purchases on 12 and 15 February as disclosed in that Appendix 3Y) resulting in non-compliance of the t+5 disclosure obligation under Listing Rule 3.19A.2. The omitted transaction was an on-market share purchase of 250,000 fully paid ordinary shares by Wonfair Investments Pty Ltd (of which Mr Staermose controls voting shares of, although he is not a beneficial owner in Wonfair) for consideration of $250. This is now reflected in the ‘No. of securities held prior to change’ in the attached Appendix 3Y as an indirect interest.

The Company and its officers are cognisant and aware of the disclosure and notification obligations relating to market disclosures on director related security movements, including Listing Rule 3.19A and 3.19B. These obligations are addressed in the director appointment letters where they agree to provide the relevant information to the Company so that it can meet its disclosure obligations. The Company also has policies to assist it with complying with its continuous and other disclosure obligations - these requirements are detailed in the Company’s Securities Trading Policy and Continuous Disclosure Policy. The Company is of the view that the current arrangements are adequate, being enforced and that such an omission is unlikely to reoccur. The omission was an administrative error, partly due to multiple transactions being covered, the negligible size of the omitted transaction, and timing of drafting the Appendix 3Y (with settlement of the missing trade occurring after the 3Y was finalised and lodged). It was subsequently discovered during a routine reconciliation of trades and settlements, indicating that the backup systems are working, albeit in this case with a short delay that did not enable the company to meet its t+5 disclosure obligation under Listing Rule 3.19A.2. Systems have nevertheless been modified to further reduce the chances of recurrence.

Authorised for release by Damien Kelly, Company Secretary

Investors can sign into our interactive investor hub and join in on the conversation with Emu. https://investorhub.emunl.com.au/auth/signup

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10 Walker Avenue, West Perth, WA 6005 PO Box 1112, West Perth, WA 6872 T +61 8 9226 4266, E info@emunl.com.au, www.emunl.com.au

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: EMU NL
ABN:		50 127 291 927

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 Date of last notice Date of this notice	Tim Sandeman Staermose
	16 February 2024
	26 February 2024

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.

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Direct or indirect interest Direct and Indirect
Nature of indirect interest Wonfair Investments Pty Ltd
(including registered holder) (TSS controls voting shares of, but is not a beneficial
Note: Provide details of the circumstances giving rise to the relevant owner in Wonfair)
interest.
Date of change 19, 20, 22 and 23 February 2024
No. of securities held prior to change Direct:
Fully paid ordinary shares – 10,064,205
Partly-paid ordinary shares (each paid as to $0.0001,
unpaid as to $0.04) – 5,000,000
Indirect:
Fully paid ordinary shares – 30,294,380
Partly paid ordinary shares - 750,000
Class Fully paid ordinary shares
Number acquired 5,554,999
Number disposed N/A
Value/Consideration $5,555
Note: If consideration is non-cash, provide details and estimated
valuation
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• 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	Direct: Fully paid ordinary shares – 10,064,205 Partly-paid ordinary shares (each paid as to $0.0001, unpaid as to $0.04) – 5,000,000 Indirect: Fully paid ordinary shares – 35,849,379 Partly paid ordinary shares - 750,000
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back	Purchase on market

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.

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Detail of contract N/A
Nature of interest N/A
Name of registered holder N/A
(if issued securities)
Date of change N/A
No. and class of securities to which N/A
interest related prior to change
Note: Details are only required for a contract in
relation to which the interest has changed
Interest acquired N/A
Interest disposed N/A
Value/Consideration N/A
Note: If consideration is non-cash, provide details
and an estimated valuation
Interest after change N/A
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Part 3 –[+] Closed period

art 3 –+Closed period
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