IODM LIMITED — Director's Dealing 2020

May 14, 2020

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15 May 2020

Company Announcements Office Australian Securities Exchange Rialto Tower, 525 Collins Street, Melbourne, Vic, 3000

By Email

Dear Sir

APPENDIX 3Y -CHANGE IN DIRECTORS INTEREST

Pursuant to the requirements of Listing Rules, please find attached Appendix 3Y for immediate release to the market.

The announcement has been authorised by the Company Secretary.

Yours sincerely,

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Petrina Halsall

Company Secretary

IODM Limited

For further information please contact

Tony Smith

Anthony.smith@iodm.com.au

IODM Limited

ABN : 28 102 747 133 ASX Code : IOD Registered Address: Level 5, 22 Albert Road, South Melbourne, Vic, 3205 Contact Details: 03 8396 5890 Email: info@iodm.com.au Website: www.iodm.com.au

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----- Start of picture text ----- TradeDate Portfolio Value Volume Reason Running Balance NatureAnthony Smith Direct2020-03-03 Last Notice 2,496,9182020-05-07 -$ 6,028.10 - 48,392 Disposal 2,448,5262020-05-08 -$ 981.00 - 7,608 Disposal 2,440,9182020-05-12 -$ 5,408.00 - 41,600 Disposal 2,399,3182020-05-13 -$ 29,773.17 - 229,400 Disposal 2,169,9182020-05-14 $ 33,138.72 - 255,000 Disposal 1,914,918Total 1,914,918Class Fully Paid OrdinaryJP MORGAN NOMINEES AUST P/L Vams Super Pty Ltd Self Managed Super Fund Indirect2020-03-03 Last Notice 1,815,000AcquiredTotal 1,815,000Class Fully Paid OrdinaryJP MORGAN NOMINEES AUST P/L 262 Capital P/L <ST Income A/C> Indirect2020-03-03 Last Notice 10,000,000AcquiredTotal 10,000,000Class Fully Paid OrdinaryJP MORGAN NOMINEES AUST P/L Vicki McPherson Indirect2020-03-03 Last Notice 100,000No Change Class Fully Paid Ordinary244 PTY LTD ATF LT INVESTMENT Indirect2020-03-03 Employee Share Scheme Execisable at 6.6 cents 558,586 Last Notice -Employee Share Scheme Execisable at 6.6 cents 558,586Employee Share Scheme Execisable at 6.6 cents 558,586 Total 1,675,758Each option will vest into a fully paid ordinary share Class Unquoted Optionssubject to theholders payment. Options have vesting conditionswhich are time based and continuing service clausesJP MORGAN NOMINEES AUST P/L Responsible Manager for the Cashel Private Portfolio Xplore Separately Managed Account Indirect2020-03-03 Last Notice 7,845,9572020-05-07 CASHPP $ 11,847.52 100,592 Fund Inflow - Acquired 7,946,5492020-05-08 CASHPP $ 6,118.92 50,991 Fund Inflow - Acquired 7,997,5402020-05-11 CASHPP $ 11,133.10 92,776 Fund Inflow - Acquired 8,090,3162020-05-12 CASHPP $ 2,269.80 18,915 Fund Inflow - Acquired 8,109,2312020-05-13 CASHPP $ 15,221.31 117,087 Fund Inflow - Acquired 8,226,3182020-05-14 CASHPP $ 30,238.91 232,607 Fund Inflow - Acquired 8,458,925TOTAL 8,458,925TOTAL CASHPP $ 76,829.56 612,968 Class Fully Paid OrdinaryJP MORGAN NOMINEES AUST P/L Responsible Manager for the Cashel Special Situations Xplore Separately Managed Account Indirect2020-03-03 Last Notice 8,165,4962020-05-07 CASHSS $ 19,952.54 169,408 Fund Inflow - Acquired 8,334,9042020-05-08 CASHSS $ 7,219.32 60,161 Fund Inflow - Acquired 8,395,0652020-05-11 CASHSS $ 9,926.88 82,724 Fund Inflow - Acquired 8,477,7892020-05-12 CASHSS $ 2,121.36 17,678 Fund Inflow - Acquired 8,495,4672020-05-13 CASHSS $ 14,225.38 109,426 Fund Inflow - Acquired 8,604,8932020-05-14 CASHSS $ 27,485.25 211,425 Fund Inflow - Acquired 8,816,318TOTAL 8,816,318TOTAL CASHSS $ 80,930.73 650,822 Class Fully Paid Ordinary----- End of picture text -----