KIP MCGRATH EDUCATION CENTRES LIMITED — Director's Dealing 2021

Mar 15, 2021

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To: ASX From: Brett Edwards, Company Secretary Announcement Date: 16 March 2021

ASX Code: KME

Re: Appendix 3Y Disclosure

Kip McGrath Education Centres Ltd (ASX: KME) wishes to advise that Mr Storm McGrath, Managing Director and CEO, has sold 69,265 shares on market.

The sale of those shares was to fund tax liabilities arising from previously granted performance rights and equity incentives. Mr McGrath has no intention of selling any other holdings in the foreseeable future.

Please contact the company secretary if you require any further information.

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Brett Edwards Company Secretary Kip McGrath Education Centres Limited

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 Kip McGrath Education Centres Limited ABN 73 003 415 889

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	Storm McGrath
Date of last notice	1 December 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	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.
Date of change	11 March 2021
No. of securities held prior to change	Direct – 902,731 Vested Options over ordinary shares – 1,500,000 Indirect (Storm Superannuation Fund) - 2,050,867
Class	1
Number acquired	-
Number disposed	69,265
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$103,897
No. of securities held after change	Direct – 833,466 Vested Options over ordinary shares – 1,500,000 Indirect (Storm Superannuation Fund) - 2,050,867
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	On-market Trades 1-11 March 2021

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

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

Were the interests in the securities or contracts detailed No above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the trade to proceed during this period? If prior written clearance was provided, on what date was this provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011