First Graphene Ltd. — Director's Dealing 2023

Nov 9, 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 GRAPHENE LIMITED

ABN: 50 007 870 760

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	Michael Bell
Date of last notice	12 September 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
Nature of indirect interest(including registered holder)Note: Provide details of thecircumstances giving rise to therelevant interest.	N/A
Date of change	9 November 2023
No. of securities held priorto change	1,163,979 fully paid ordinary shares (ASX Code: FGR)1,638,704 Performance Rights (ASX Code: FGRAC)5,000,000 Unlisted Options exercisable at $0.25 by 8 November2023 (“Unlisted Options”) (FGRAB).•2,000,000 of the options will vest on the first anniversary ofemployment (11th January 2022) and•3,000,000 of the options will vest on the second anniversaryof employment (11th January 2023)
Class	As set out below
Number acquired	N/A

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Number disposed	5,000,000 Unlisted Options exercisable at $0.25 by 8 November2023 (“Unlisted Options”) (FGRAB).
Value/ConsiderationNote: If consideration is non-cash,provide details and estimated valuation	N/A
No. of securities held afterchange	1,163,979 fully paid ordinary shares (ASX Code: FGR)1,638,704 Performance Rights (ASX Code: FGRAC)
Nature of changeExample: on-market trade, off-markettrade, exercise of options, issue ofsecurities under dividend reinvestmentplan, participation in buy-back	Expiry of options

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 whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

art 3 –+Closed period
Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	N/A
If so, was prior written clearance provided to allow thetrade toproceed during thisperiod?	N/A
If prior written clearance was provided, on what date wasthisprovided?	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011