MAGONTEC LIMITED — Director's Dealing 2023

May 14, 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	Nicholas William Andrews
Date of last notice	2 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	Change of Direct and Indirect Interests
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Ordinary shares held by DEWBERRI PTY LIMITED as trustee for Andrews Superannuation Fund
Date of change	11 May 2023
No. of securities held prior to change	1,545,570 Listed ordinary fully paid shares of which: • 1,168,889 are held indirectly; and • 376,681 are held directly. 2,106,905 Unlisted Performance Rights held directly
Class	Unlisted Performance Rights held directly
Number acquired	162,011
Number disposed	Zero
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation.	Nil

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

1,545,570 Listed ordinary fully paid shares of which: • 1,168,889 are held indirectly; and No. of securities held after change • 376,681 are held directly. 2,268,916 Unlisted Performance Rights held directly Nature of change The Performance Rights are issued as part of Mr. Example: on-market trade, off-market trade, exercise of options, Andrews variable remuneration as approved at issue of securities under dividend reinvestment plan, participation in buy-back AGM held on 11 May 2023.

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?	-

Dean Taylor, Company Secretary of Magontec Limited has authorised the release of this document to the market on 15 May 2023

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011