MAGONTEC LIMITED — Proxy Solicitation & Information Statement 2021

Jul 22, 2021

==> picture [596 x 110] intentionally omitted <==

23 July 2021

Suite 1.03, Level 1 46A Macleay St Potts Point NSW 2011 Australia Ph +61 2 8084 7813

Company Announcements Office Australian Securities Exchange Limited 20 Bridge Street Sydney, NSW, 2000

Dear Sir/Madam,

MAGONTEC LIMITED (ASX CODE : MGL) EXTRAORDINARY GENERAL MEETING FRIDAY 6 AUGUST 2021

Reference is made to the Notice of Extraordinary General Meeting dispatched to shareholders and released to the ASX on 6 July 2021. The Notice of EGM announced that the EGM is to be held on Friday 6 August 2021.

It is likely that restrictions on travel and assembly due to the Covid 19 pandemic will continue to apply on that date. Shareholders are reminded that attendance at the EGM can be either physical attendance (at the offices of Magontec) or online attendance.

In view of likely continuing restrictions, the Company encourages shareholders –

• to lodge their vote prior to the meeting via their proxy voting form according to instructions in the Notice of EGM; and

• who want to attend the meeting, to do so by pre-registering your intention to attend the online meeting by emailing the Company Secretary at john.talbot@magontec.com with a heading in the email “Attend 2021 EGM” ensuring that this is completed prior to Noon (AEST) 5 August 2021.

Yours sincerely

==> picture [135 x 53] intentionally omitted <==

Mr John Talbot Company Secretary Magontec Limited

Contact details: +61 (0) 405 317 594

John Talbot, Company Secretary of Magontec Limited has authorised the release of this document to the market on 23 July 2021