FIRST AU LIMITED — Director's Dealing 2023

Jul 17, 2023

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	Ryan Matthew Skeen
Date of last notice	7 July 2023

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: Ryan Matthew Skeen
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Not applicable
Date of change	17 July 2023
No. of securities held prior to change	480,454 fully paid ordinary shares 2,500,000 unlisted options ($0.02 exercise price, expire 28 July 2023) 2,500,000 unlisted options ($0.035 exercise price, expire 28 January 2024)

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Class	(a) Unlisted options ($0.012 exercise price, expire 17 January 2025) (b) Unlisted options ($0.015 exercise price, expire 17 July 2025) (c) Unlisted options ($0.018 exercise price, expire 17 July 2026) (d) Unlisted options ($0.020 exercise price, expire 17 July 2026)
Number acquired	(a) 7,500,000 (b) 7,500,000 (c) 7,500,000 (d) 7,500,000 30,000,000 options in total.
Number disposed	Not applicable
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Issue as reasonable remuneration as approved by shareholders at 2023 AGM. The following valuations were contained as set out in the notice of meeting convening the 2023 AGM: (a) $0.00231 (b) $0.00248 (c) $0.00309 (d) $0.00294
No. of securities held after change	480,454 fully paid ordinary shares 2,500,000 unlisted options ($0.02 exercise price, expire 28 July 2023) 2,500,000 unlisted options ($0.035 exercise price, expire 28 January 2024) 7,500,000 Unlisted options ($0.012 exercise price, expire 17 January 2025) 7,500,000 Unlisted options ($0.015 exercise price, expire 17 July 2025) 7,500,000 Unlisted options ($0.018 exercise price, expire 17 July 2026) 7,500,000 Unlisted options ($0.020 exercise price, expire17 July2026)

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Nature of change Issued as reasonable remuneration as Example: on-market trade, off-market trade, exercise of options, issue approved by shareholders at 2023 AGM. 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
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 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

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