MAGONTEC LIMITED — Director's Dealing 2023

May 1, 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	8 November 2022

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 Keweier Metal Co., Limited
Date of change	28 April 2023
No. of securities held prior to change	3,792,907 Listed ordinary fully paid shares of which: • Indirectly held ordinary shares – 3,765,840 • Directly held ordinary shares–27,067
Class	Ordinary shares
Number acquired.	44,087 Listed ordinary fully paid shares of which: • 43,705 acquired indirectly. • 382 acquired directly
Number disposed	Zero
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$0.36190 per share =$15,955.44
No. of securities held after change	3,836,994 Listed ordinary fully paid shares of which: •Indirectly held ordinary shares – 3,809,545 •Directly held ordinary shares – 27,449

• 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 Example: on-market trade, off-market trade, Reinvestment Plan in respect of the dividend paid 28 exercise of options, issue of securities under April 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 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

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 2 May 2023

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011