MAGONTEC LIMITED — Director's Dealing 2020

Jul 29, 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 30/09/01 Amended 01/01/11

Name of entity Magontec Limited ABN 51 010 441 666

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	Robert George Kaye
Date of last notice	18 July 2013 (Appendix 3X Initial Director’s InterestNotice)

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.

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----- Start of picture text ----- Direct or indirect interest Indirect InterestNature of indirect interest(including registered holder) Shares held by Bella Rebecca Kaye being aNote: Provide details of the circumstances giving rise to the relevant “related party” to the Director.interest.Date of change 30 July 2020No. of securities held prior to change NilClassListed ordinary fully paid shares1,538,461 listed ordinary fully paid shares.Number acquiredNumber disposed NAValue/ConsiderationNote: If consideration is non-cash, provide details and estimated $0.013 per share at an aggregate consideration ofvaluation $19,999.991,538,461 Listed ordinary fully paid shares heldNo. of securities held after change indirectly.----- End of picture text -----

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buyback

Acquired as a result of participation in a private placement of fully paid ordinary shares by the Company on 15 June 2020 to raise capital aggregating $300,000.

The issue was approved by shareholder in terms of Resolution 7 of the Company’s Annual General meeting held on 29 July 2020.

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 - 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? - 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?

John Talbot, Company Secretary of Magontec Limited has authorised the release of this document to the market on 30 July 2020

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011