ENERO GROUP LIMITED — Director's Dealing 2021

Oct 26, 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 Enero Group Limited ABN 97 091 524 515

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	Brent Scrimshaw
Date of last notice	21 September 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.	N/A
Date of change	22 October 2021
No. of securities held prior to change	• 216,877 Fully Paid Ordinary Shares • 833,334 Share Appreciation Rights (Share Rights)
Class	Share Rights
Number acquired	1,300,000 Share Rights
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Share Rights issued under the Enero Group Share Appreciation Plan (Plan) are issued to Plan participants for nil financial consideration.

• 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 • 216,877 Fully Paid Ordinary Shares* • 2,133,334 Share Rights * There has been no change to the relevant interest and Mr Scrimshaw still has the same control over the 216,877 Fully Paid Ordinary Shares but these shares are now held by BAAS 13 Pty Ltd as trustee for the Scrimshaw Family Trust (Mr Scrimshaw is a director and beneficiary).

Nature of change Issue of 1,300,000 Share Rights following Example: on-market trade, off-market trade, exercise of options, shareholder approval at the 2021 Annual issue of securities under dividend reinvestment plan, participation in General Meeting held on 21 October 2021 buy-back

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 –[+] Closed period

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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 3