IMEXHS LIMITED — Director's Dealing 2020

May 7, 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 30/9/2001.

Introduced 30/9/2001.
Name of entity	ImExHS Limited
ABN	60 096 687 839

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	Douglas Flynn
Date of last notice	7 April 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 circumstancesgiving rise to the relevant interest.	DR & LC Flynn Nominees Pty Limited <Flynn Super FundA/C> - Mr Flynn is a director of the trustee and a beneficiary ofthe super fund
Date of change	4,5, 7 & 8 May 2020
No. of securities held priorto change	1,415,800 fully paid ordinary shares
Class	Fully paid ordinary shares
Number acquired	4,499,999
Number disposed	-
Value/Considerationincludes brokerage/gstNote: If consideration is non-cash, providedetails and estimated valuation	$135,162
No. of securities held afterchange	5,917,799 fully paid ordinary shares

• See chapter 19 for defined terms.

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of change

On-market purchase

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

Detail of contract	Director Appointment Letter
Nature of interest	The issue to the Director or his nominee pursuant to theterms of his appointment, subject to shareholderapproval at a meeting to be held on 21 May 2020, of16,666,667 fully paid ordinary shares at $0.03 each and28,000,000 unlisted options on the terms and conditionsset out below.
Name of registered holder(if issued securities)	N/A
No. and class of securities to whichinterest relates	Subject to shareholder approval:16,666,667 fully paid ordinary shares;8,000,000 Options in Option Pool 1 issued for a totaloption fee of $440 and with a strike price of 5.5 cents;8,000,000 Options in Option Pool 2 issued for no optionfee and with a strike price of 7 cents; and12,000,000 Options in Option Pool 3 issued for a totaloption fee of $30,000 and with a strike price of 3 cents.Options in Option Pool 1 and Option Pool 2 vest ongrant. Options in Option Pool 3 vest when theCompany’s share price exceeds a 30-day VWAP of 12centsThe vesting and lapsing of options are linked to theDirector’s continuing service and otherwise expire on12 March 2027.

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	No
If so, was prior written clearance provided to allow thetrade to proceed during this period?	N/A
If prior written clearance was provided, on what date wasthis provided?	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2