FIRST AU LIMITED — Director's Dealing 2021

Jan 6, 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	FIRST AU LIMITED
ABN	65 000 332 918

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	Bryan Frost
Date of last notice	14 October 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.

Direct or indirect interest	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Queensland MM Pty Ltd Actionette Pty Ltd Actionette Pty Ltd Peregrine Corporate Limited Farcam Pty Ltd are indirect interests which are associated with Mr B Frost.
Date of change	15 December 2020
No. of securities held prior to change	Queensland MM Pty Ltd 12,007,540 shares and 10,083,333 attaching options Actionette Pty Ltd – 2,800,000 shares and 2,800,000 attaching options Actionette Pty Ltd 2,464,656 shares and 1,225,000 attaching options Peregrine Corporate Limited – 6,000,000 shares and 6,000,000 attaching options Farcam Pty Ltd – 5,000,000 shares and 5,000,000 attaching options
Class	Fully paid ordinary shares

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number acquired	N/A
Number disposed	Queensland MM Pty Ltd 10,083,333 quoted options expired 15/12/2020 Actionette Pty Ltd 2,800,000 quoted options expired 15/12/2020 Actionette Pty Ltd 1,225,000 quoted options expired 15/12/2020 Peregrine Corporate Limited 1,000,000 quoted options expired 15/12/2020
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Queensland MM Pty Ltd 10,083,333 quoted options expired 15/12/2020 Actionette Pty Ltd 2,800,000 quoted options expired 15/12/2020 Actionette Pty Ltd 1,225,000 quoted options expired 15/12/2020 Peregrine Corporate Limited 1,000,000 quoted options expired 15/12/2020

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change

Queensland MM Pty Ltd 12,007,540 shares Actionette Pty Ltd – 2,800,000 shares Actionette Pty Ltd 2,464,656 shares Peregrine Corporate Limited – 6,000,000 shares and 5,000,000 unquoted options exercise price $0.06 expiring 1/3/2021 Farcam Pty Ltd – 5,000,000 shares and 5,000,000 unquoted options exercise price $0.06 expiring 1/3/2021 Unlisted (unquoted) options: Acquired by Actionette Pty Ltd Frost S/F> (a) 2,750,000 options, exercise price $0.03 vesting 14th April 2022 (18 months after issue) expiring 14th October 2023 (3 years after issue) (b) 2,750,000 options, exercise price $0.03 vesting 14th October 2022 (24 months after issue) expiring 14th October 2023 (3 years after issue) (c) 2,750,000 options, exercise price $0.035 vesting 14th April 2023 (30 months after issue) expiring 14th October 2023 (3 years after issue) (d) 2,750,000 options, exercise price $0.035 vesting 14th September 2023 (30 days prior to expiry date) expiring 14th October 2023 (3 years after issue) (Total: 11,000,000)

Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

Quoted options expired 15 December 2020. FAU announcement of 16 November 2020.

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

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Nature of interest Name of registered holder (if issued securities) Date of change 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 Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed N/A above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the trade N/A to proceed during this period? If prior written clearance was provided, on what date was this N/A provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 4

01/01/2011

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	FIRST AU LIMITED
ABN	65 000 332 918

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	Richard Revelins
Date of last notice	14 October 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.

Direct or indirect interest	Direct: Richard Revelins Indirect: Refer to section ‘Nature of indirect interest’.
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Peregrine Corporate Ltd of which Mr Revelins is a director and shareholder
Date of change	15 December 2020
No. of securities held prior to change	Peregrine Corporate Ltd 6,000,000 fully paid ordinary shares 6,000,000 options
Class	Fully paid ordinary shares

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number acquired	N/A
Number disposed	1,000,000 quoted options expired 15 December 2020
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	1,000,000 quoted options expired 15 December 2020

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change

Peregrine Corporate Ltd 6,000,000 fully paid ordinary shares 5,000,000 unquoted options exercise price $0.06 expiring 1/3/2021 Unlisted (unquoted) options: Acquired by Richard Revelins: (a) 1,500,000 options, exercise price $0.03 vesting 14th April 2022 (18 months after issue) expiring 14th October 2023 (3 years after issue) (b) 1,500,000 options, exercise price $0.03 vesting 14th October 2022 (24 months after issue) expiring 14th October 2023 (3 years after issue) (c) 1,500,000 options, exercise price $0.035 vesting 14th April 2023 (30 months after issue) expiring 14th October 2023 (3 years after issue) (d) 1,500,000 options, exercise price $0.035 vesting 14th September 2023 (30 days prior to expiry date) expiring 14th October 2023 (3 years after issue)

Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

~~(Total: 6 000 000)~~ 1,000,000 quoted options expired 15 December 2020. FAU announcement of 16 November 2020.

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	Not Applicable
Nature of interest
Name of registered holder (if issued securities)
Date of change

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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 Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed N/A above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the trade N/A to proceed during this period? If prior written clearance was provided, on what date was this N/A provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 4

01/01/2011