MAGONTEC LIMITED — Director's Dealing 2025

Mar 19, 2025

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

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 Indirect Interest
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Ordinary shares held by:Nicholas Andrews
Date of change	20 March 2025
No. of securities held prior to change	MGL: Listed ordinary fully paid shares:Total: 1,800,890•1,800,890 are held indirectly by Dewberri PtyLtd; and•Nil held directly.MGLAA: Unlisted Performance Rights:Total: 1,783,761 held directly.
Class	Ordinary shares
Number acquired	Listed ordinary shares:•NilUnlisted Performance Rights:•Nil
Number disposed	Listed ordinary shares:•NilUnlisted Performance Rights held directly:•Cancelled: 504,821

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Nil Note: If consideration is non-cash, provide details and estimated valuation. MGL: Listed ordinary fully paid shares: Total: 1,800,890 • 1,800,890 are held indirectly by Dewberri Pty Ltd; and No. of securities held after change • Nil held directly. MGLAA: Unlisted Performance Rights: Total: 1,278,940 held directly. Cancellation of performance rights following Nature of change selective share buyback approved by Example: on-market trade, off-market trade, exercise of options, shareholders at EGM held on 5 February 2025 issue of securities under dividend reinvestment plan, participation in and subsequent agreement with participant for buy-back reduction. No compensation was provided for the cancellation.

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.

==> picture [434 x 317] intentionally omitted <==

----- Start of picture text ----- 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 inrelation to which the interest has changedInterest acquired -Interest disposed -Value/Consideration -Note: If consideration is non-cash, provide detailsand an estimated valuationInterest after change ------ End of picture text -----

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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?	No
If so, was prior-written clearance provided to allow the trade toproceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

Dean Taylor, Company Secretary of Magontec Limited has authorised the release of this document to the market on 20 March 2025.

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3