GLOBAL MASTERS FUND LIMITED — Director's Dealing 2021

Nov 23, 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 GLOBAL MASTERS FUND LIMITED ABN 84 109 047 618

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 Alternate Director	Jason Pohl
Date of last notice	16 March 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.

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Direct or indirect interest Indirect
Nature of indirect interest Milkshake Management Pty Ltd (Director)
(including registered holder)
Note: Provide details of the circumstances giving rise to the
relevant interest.
Date of change 24 November 2021
No. of securities held prior to change Ordinary Shares - 1,000
Convertible Notes - Nil
Class Convertible Notes (GFLGA)
Number acquired 6,452
Number disposed Nil
Value/Consideration $20,001.20
Note: If consideration is non-cash, provide details and
estimated valuation
No. of securities held after change Ordinary Shares - 1,000
Convertible Notes – 6,452
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• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of change Issue of Convertible Notes under GFL Convertible Note Example: on-market trade, off-market trade, exercise of Offer and in accordance with resolution at the AGM options, issue of securities under dividend reinvestment plan, held 18 November 2021. participation in 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.

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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
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Part 3 –[+] Closed period

art 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.

Appendix 3Y Page 2

01/01/2011