GREENVALE ENERGY LTD — Director's Dealing 2020

Aug 9, 2020

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 Greenvale Energy Ltd ABN 54 000 743 555

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	Vincent John Fayad
Date of last notice	28 July 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 relevantinterest.	Kafta Enterprises Pty LtdMr Vincent J Fayad is the sole director ofthis company.
Date of change	10 August 2020
No. of securities held prior to change	Direct Interests:Nil.Indirect Interests:2,312,114 Fully Paid Ordinary Shares heldin Kafta Enterprises Pty Ltd.
Class	Fully Paid Ordinary Shares
Number acquired	2,500,000
Number disposed	625,000

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Value/Consideration	•	Value of the consideration is in
Note: If consideration is non-cash, provide details and estimatedvaluation		considerationforservices,as
		outlined in Resolution 8 of the
		Notice of Meeting dated 9 July
		2020andapprovedby
		shareholders on 10 August 2020.
	•	Shares disposed represented a
		transfer to employee of an entity
		controlled by Mr Fayad for his
		contribution to the services.
No. of securities held after change	Direct	Interests:
	Nil.
	Indirect Interests:
	4,187,114Fully Paid Ordinary Shares held
	byKafta Enterprises PtyLtd
Nature of change	Acquired in relation for the satisfaction of
Example: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back	an accrued bonus to Vincent Fayad andapproved by shareholders on 10 August
	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
Nature of interest	N/A
Name of registered holder	N/A
(if issued securities)
Date of change	N/A
No. and class of securities to which	N/A
interest related prior to change
Note: Details are only required for a contract in
relation to which the interest has changed
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration	N/A
Note: If consideration is non-cash, provide details
and an estimated valuation

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Interest after change N/A

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.

01/01/2011 Appendix 3Y Page 3