MEGAPORT LIMITED — Director's Dealing 2021

Mar 23, 2021

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: Megaport Limited ( Megaport )

ACN: 607 301 959

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	Jay Adelson
Date of last notice	12 February 2020

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	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Not applicable
Date of change	In respect of the acquisition of shares, 19 March 2021 In respect of the disposal of shares, 22 March 2021 and 23 March 2021
No. of securities held prior to change	100,000 options over fully paid ordinary shares
Class	ORD
Number acquired	50,000 fully paid ordinary shares
Number disposed	13,922 fully paid ordinary shares on 22 March 2021 26,078 fully paid ordinary shares on 23 March 2021

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	In relation to the disposal of shares on 22 March 2021, value of $165,710.78 (being an average price of $11.90 per share). In relation to the disposal of shares on 23 March 2021, value of $306,432.15 (being an average price of $11.75 per share). In relation to the acquisition of shares, consideration of $348,000 (being $6.96 per share, the exercise price payable per option, on exercise of 50,000 options on issue to Jay Adelson).
No. of securities held after change	10,000 fully paid ordinary shares and 50,000 options over fully paid ordinary shares
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	In relation to the disposal of shares, on-market trade to fund the exercise of options granted under Megaport’s Employee Share Option Plan and to meet personal obligations. In relation to the acquisition of shares, exercise of options granted under Megaport’s Employee Share Option Plan.

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	Not Applicable
Nature of interest	Not Applicable
Name of registered holder (if issued securities)	Not Applicable
Date of change	Not Applicable
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	Not Applicable
Interest acquired	Not Applicable
Interest disposed	Not Applicable
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	Not Applicable
Interest after change	Not Applicable

• 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

Were the interests in the securities or contracts No detailed above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow Not Applicable the trade to proceed during this period? If prior written clearance was provided, on what Not Applicable date was this provided?

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3