MADER GROUP LIMITED — Director's Dealing 2021

Dec 28, 2021

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 Mader Group Ltd ABN 51 159 340 397

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	Justin Nuich
Date of last notice	1 July 2021

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 relevant interest.		The Securities are held by Mr Justin Nuich as trustee for the J&C Nuich Family Trust. Justin Nuich is a beneficiary of the J&C Nuich Family Trust.
Date of change		29 December 2021
No. of securities held prior to change		Indirect 181,881 Fully Paid Ordinary Shares1 1. Securities are held by Nuich Betros Pty Ltd as trustee for the Nuich Family Super Fund. Mr Nuich is a director and shareholder of Nuich Betros Pty Ltd and a beneficiary of the Nuich Family Super Fund.

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Class		Performance Rights, subject to vesting conditions as disclosed in the Company’s Notice of Annual General Meeting dated 7 September 2021, expiring 6 October 2026 Share Appreciation Rights, subject to vesting conditions as disclosed in the Company’s Notice of Annual General Meeting dated 7 September 2021, expiring 6 October 2026
Number acquired		2,250,000 Performance Rights 1,000,000 Share Appreciation Rights
Number disposed		Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		Nil cash consideration. Refer to Notice of Meeting dated 7 September 2021 for the valuation of the Share Appreciation Rights and Performance Rights
No. of securities held after change		Indirect 181,881 Fully Paid Ordinary Shares1 2,250,000 Performance Rights, subject to vesting conditions as disclosed in the Company’s Notice of Annual General Meeting dated 7 September 2021, expiring 6 October 20262 1,000,000 Share Appreciation Rights, subject to vesting conditions as disclosed in the Company’s Notice of Annual General Meeting dated 7 September 2021, expiring 6 October 20262 1. Securities are held by Nuich Betros Pty Ltd as trustee for the Nuich Family Super Fund. Mr Nuich is a director and shareholder of Nuich Betros Pty Ltd and a beneficiary of the Nuich Family Super Fund. 2. Securities are held by Mr Justin Nuich as trustee for the J&C Nuich Family Trust. Mr Nuich is a beneficiary of the J&C Nuich Family Trust.
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back		Performance Rights and Share Appreciation Rights issued as a long-term incentive to a nominee of Executive Director and CEO, as approved by Shareholders on 7 October 2021.

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	No
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.

01/01/2011 Appendix 3Y Page 3