MAGONTEC LIMITED — Share Issue/Capital Change 2021

Aug 15, 2021

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

16 August 2021

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

Dear Sir/Madam,

POST CONSOLIDATION TRADING OF MAGONTEC LIMITED SECURITIES

In terms of the ASX approved timetable for implementation of the share consolidation (refer Attachment 2 in Company’s announcement dated 10 August 2021) shareholders should note that Magontec securities will –

• tomorrow (Tuesday 17 August 2021) commence trading on a post consolidation basis;

• in the period Tuesday 17 August 2021 to Wednesday 25 August 2021 (inclusive) trade under the temporary code “MGLDA”; and

• on Thursday 26 August 2021, resume trading under the regular code “MGL” with settlement in respect of such trades due on Monday 30 August 2021.

Yours sincerely

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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 16 August 2021