FIRST AU LIMITED — Director's Dealing 2022

Oct 16, 2022

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	7 October 2022

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:Refer to section ‘Nature of indirectinterest’.
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Queensland MM Pty Ltd <Superannuation A/C>Actionette Pty LtdActionette Pty Ltd <Christine A Frost S/F A/C>Peregrine Corporate LimitedFarcam Pty Ltdare indirect interests which are associated with MrBryan Frost.
Date of change	(a) 11 October 2022(b) 13 October 2022
No. of securities held prior to change	Queensland MM Pty Ltd <Superannuation A/C>- 25,285,133 fully paid ordinary shares, 6,977,926quoted options (FAUOA)Actionette Pty Ltd – 2,800,000 fully paid ordinaryshares, 2,240,000 quoted options (FAUOA)Actionette Pty Ltd <Christine A Frost S/F A/C>6,244,908 fully paid ordinary shares, 1,971,724quoted options (FAUOA)

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

				Peregrinepaid ordin	Corporate Limitedry shares 4800	– 6,000,000 full00 quoted option	ysyd3rs3rs5rs5r3
				(FAUOA)	, ,,
				Farcam Ptyshares, 2,00	Ltd – 5,000,0000,000 quoted optio	fully paid ordinarns (FAUOA)
				Unlisted o<Christine	ptions held byA Frost S/F>:	Actionette Pty Lt
				(a) 2,750,0	00 options, exe	rcise price $0.0
				vestingissue)	14th April 2022expiring 14th Oct	(18 months afteober 2023 (3 year
				after is	ue)
				(b) 2,750,0	00 options, exe	rcise price $0.0
				vestingissue)	14th October 202expiring 14th Oct	2 (24 months afteober 2023 (3 year
				after is	sue)
				(c) 27500	00 options exer	cise price $0.03
				,,vesting	,14th April 2023	(30 months afte
				issue)	expiring 14th Oct	ober 2023 (3 year
				after is(d) 27500	sue)00 otions exer	cise rice $003
				,,vestingto expi	p,14th September 2ry date) expiring 1	p .023 (30 days prio4th October 2023 (
				years a	fter issue)
				(Total: 11,0	00,000 unlisted op	tions)
	Class			Fully paid o	rdinary shares (FA	U)
	Number acquire	d		Actionette39745	Pty Ltd <Christine	A Frost S/F A/C>
				(a) ,(b) 822,294
	Number dispos	ed		None
	Value/ConsiderNote: If consideratiovaluation	ationn is non-cash, provide details and	estimated	(a) $0.005(b) $0.005	($1,987.27 total)($4,111.47 total)
	No. of securitie	s held after change		Queensland	MM Pty Ltd <Sup	erannuation A/C>	6y>4y
				- 25,285,13quoted opti	3 fully paid ordinaons (FAUOA)	ry shares, 6,977,92
				Actionetteshares, 2,24	Pty Ltd – 2,800,0000,000 quoted optio	fully paid ordinarns (FAUOA)
				Actionette7464656	Pty Ltd <Christinell id di	A Frost S/F A/Ch 197172
				,,quoted opti	uy pa ornarons (FAUOA)	sares, ,,
				Peregrine	Corporate Limited	–6,000,000 full

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 2

Appendix 3Y Change of Director’s Interest Notice

paid ordinary shares, 4,800,000 quoted options (FAUOA) Farcam Pty Ltd – 5,000,000 fully paid ordinary shares, 2,000,000 quoted options (FAUOA) Unlisted options held by Actionette Pty Ltd <Christine A 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 unlisted options)

Nature of change

On-market trades

Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buyback

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
Name of registered holder(if issued securities)
Date of change

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 3

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 N/A trade to proceed during this period? If prior written clearance was provided, on what date was N/A this provided?

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 4