IMMUTEP LIMITED — Director's Dealing 2022

Feb 24, 2022

Appendix 3X Initial Director’s Interest Notice

Rule 3.19A.1

Appendix 3X

Initial 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.

Name of entity IMMUTEP LIMITED (ASX: IMM) ABN 90 009 237 889

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Ms Lucy Turnbull
Date of appointment	25 February 2022

Part 1 - Director’s relevant interests in securities of which the director is the registered holder

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.

Number & class of securities

• 2,981,626 ORDINARY SHARES (IMM) – previous holdings prior to February 2022 appointment to Immutep Board

• See chapter 19 for defined terms.

Appendix 3X Page 1

11/3/2002

Appendix 3X Initial Director’s Interest Notice

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

	Name of holder & nature of	Number & class of Securities	Number & class of Securities
	interestNote: Provide details of the circumstances giving rise
to the relevant interest.Turnbull & Partners Pty Limited(Nominee account)Turnbull & Partners Pty Limited(Broker account)Previous holdings prior to February 2022appointment to Immutep Board:27,500 ORDINARY SHARES (IMM)275,000 ORDINARY SHARES (IMM)	to the relevant interest.Turnbull & Partners Pty Limited	Previous holdings prior to February 2022appointment to Immutep Board:
	(Nominee account)Turnbull & Partners Pty Limited(Broker account)	27,500 ORDINARY SHARES (IMM)275,000 ORDINARY SHARES (IMM)

Part 3 – 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 Performance Rihts Invitation Letter
	g
Nature of interest	Ms Lucy Turnbull was appointed as a non-executive director on 25 February 2022.The Director Performance Rights which arevalued at A$45K p.a. are proposed to be issuedto Ms Turnbull in lieu of 50% of her annualdirector’s fees with the remainder of her fees tobe paid in cash.Prior to being issued, these performance rightsmustbeapprovedbytheCompany’sShareholders.
Name of registered holder(if issued securities)	Ms Lucy Turnbull

• See chapter 19 for defined terms.

Appendix 3X Page 2

11/3/2002

Appendix 3X Initial Director’s Interest Notice

	No. and class of securities towhich interest relates	Shareholder approval will be sought atImmutep’s next AGM for 457,832 DirectorPerformance Rights being the total pro-ratedamount of erformance rihts from the date of	Shareholder approval will be sought atImmutep’s next AGM for 457,832 DirectorPerformance Rights being the total pro-ratedamount of erformance rihts from the date of	Shareholder approval will be sought atImmutep’s next AGM for 457,832 DirectorPerformance Rights being the total pro-ratedamount of erformance rihts from the date of	Shareholder approval will be sought atImmutep’s next AGM for 457,832 DirectorPerformance Rights being the total pro-ratedamount of erformance rihts from the date of	Shareholder approval will be sought atImmutep’s next AGM for 457,832 DirectorPerformance Rights being the total pro-ratedamount of erformance rihts from the date of
		a	pointm	p gent up to 30 Novem	ber 2022 plus the
		a	mount	of performance righ	ts to cover the
		fo	llowing	3 years of service fol	lowing that date.
		T	his num	ber of Performance	Rights has been
		c	alculate	d based on $45,	000 p.a. times
		a	pproxim	ately 3.76 years divi	ded by the share
		p	rice of	A$0.37 (being the 5	day VWAP up to
		a	nd inclu	ding the 18thFebruar	y 2022).
		If	approv	ed by Shareholders,	the Performance
		R	ights wi	ll vest in four tranch	es pro-rated over
		t	e perio	d of service subject	to satisfaction of
		se	rvice b	ased vesting conditio	ns as follows:
			1. 9	2,966 performance rb i	ghts to vest on 1ii f
				ecemer 2022 ni f Fb	recognton ot
			sN	rvce rom 25 erovember 2022	ary 2022 o 30
			212	;1622 performance ri	ghts to vest on 1
			. D	,ecember 2023 in	recognition of
			se	rvice from 1 Decem	ber 2022 to 30
			N	ovember 2023;
			3. 12	1,622 performance ri	ghts to vest on 1
			D	ecember 2024 in	recognition of
			se	rvice from 1 Decem	ber 2023 to 30
			N	ovember 2024;
			4. 12	1,622 performance ri	ghts to vest on 1
			D	ecember 2025 in	recognition of
			se	rvice from 1 Decem	ber 2024 to 30
			N	ovember 2025.

• See chapter 19 for defined terms.

Appendix 3X Page 3

11/3/2002