MAGONTEC LIMITED — Director's Dealing 2023

Oct 31, 2023

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	Zhong jun Li
Date of last notice	02 May 2023

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 or indirect interest	Change of Direct and Indirect Interests	Change of Direct and Indirect Interests	Change of Direct and Indirect Interests
	Nature of indirect interest(including registered holder)Note: Provide details of the circumstances givingrise to the relevant interest.		Ordinary shares held by:Keweier Metal Co., Limited
	Date of change		31 October 2023
	No. of securities held prior to change		Total: 3,836,994 Listed ordinary fully paid shares of which:•Indirectly held ordinary shares – 3,809,545•Directly held ordinary shares–27,449
			•recy e o	nary sares–,
	Class		Ordinary shares
	Number acquired.		Total: 38,313 Liste•37,979 acquire	d ordinary fully paid shares of which:d indirectly.
			•334 acquired d	irectly
	Number disposed		Zero
	Value/ConsiderationNote: If consideration is non-cash,and estimated valuation	provide details	$0.4213 per share	=$16,141.26
	No. of securities held after change		Total: 3,875,307 Listed ordinary fully paid shares of which:•Indirectly held ordinary shares – 3,847,524•Directly held ordinary shares – 27,783

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of change Acquired under the Magontec Limited Dividend Reinvestment Example: on-market trade, off-market trade, exercise of options, issue of securities under Plan in respect of the dividend paid 31 October 2023 dividend reinvestment plan, participation in buyback

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 whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed	-
Interest acquired	-
Interest disposed	-
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation	-
Interest after change	-

Part 3 –[+] Closed period

**art 3– **+Closed period
Were the interests in the securities or contracts detailed abovetraded during a+closed period where prior written clearancewas required?	-
If so, was prior written clearance provided to allow the trade toproceed during this period?	-
If prior written clearance was provided, on what date was thisprovided?	-

Dean Taylor, Company Secretary of Magontec Limited has authorised the release of this document to the market on 1 November 2023

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011