MINDAX LIMITED — Director's Dealing 2025

Dec 4, 2025

==> picture [596 x 136] intentionally omitted <==

ASX ANNOUNCEMENT

5 December 2025

Appendix 3Y’s: Change of Directors’ Interest Notice

Mindax Limited (ASX: MDX or the Company) confirms that, following approval of shareholders at the AGM held on 14 November 2025, each of the Company’s directors have been issued with options as outlined in the Notice of Meeting dated 15 September 2025.

The Appendix 3Ys follow.

The Company also advises that, following the expiry of unlisted options on 30 November 2025, and as announced in the Appendix 3H dated 1 December 2025, the Appendix 3Ys include the relevant change to directors’ interests resulting from the expiry of the options.

This announcement has been authorised for release by Dennis Wilkins, Company Secretary.

End of Announcement For further information contact: Benjamin Chow AO Chair Mindax Limited Telephone: +61 8 9389 2111

MINDAX LIMITED | ASX: MDX | ABN: 28 106 866 442 Level 1, Suite 3, 17 Ord Street, West Perth WA 6005 | Telephone: +61 8 9389 2111 | Email: info@mindax.com.au

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	MINDAX LIMITED
ABN	28 106 866 442

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	Benjamin Chow
Date of last notice	7 July 2025

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 and Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	(a) Direct (b) 103 Malton Pty Limited Subdivision\ P/F\ A/C>, an entity controlled by Mr Chow (c) Dr Roberta Therese Chow, Mr Chow’s spouse
Date of change	30 November 2025 (Expiry of Options) and 4 December 2025(Issue of Options)
No. of securities held prior to change	(a) 21,000,000 unlisted $0.07 options expiring 30 November 2025 (b) 6,196,000 ordinary shares (c) 5,000,000 unlisted $0.07 options, expiring 30 November 2025
Class	Unlisted $0.07 options, expiring 30 November 2025 Unlisted $0.08 options, expiring 30 November 2026
Number acquired	(a) 4,000,000 Unlisted $0.08 options, expiring 30 November 2026 (b) Nil (c) 10,000,000 Unlisted $0.08 options, expiring 30 November 2026
Number disposed	(a) 21,000,000 Unlisted $0.07 options, expiring 30 November 2025 (b) Nil (c) 5,000,000 Unlisted $0.07 options, expiring 30 November 2025

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil
No. of securities held after change	(a) 4,000,000 unlisted $0.08 options, expiring 30 November 2026 (b) 6,196,000 ordinary shares (c) 10,000,000 unlisted $0.08 options, expiring 30 November 2026
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Expiry of unlisted options 30 November 2025 and issue of unlisted Options as approved by shareholders at the Annual General Meeting of the Companyheld on 14 November 2025.

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.

be disclosed in this part.
Detail of contract	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
Date of change	N/A
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	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

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

Authorised for release by:

Dennis Wilkins

Company Secretary

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

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	MINDAX LIMITED
ABN	28 106 866 442

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	Qinglong Zeng
Date of last notice	7 July 2025

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	a) Direct b)Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	b) Zeng Superannuation Fund – superannuation fund of Andrew Tsang, Chunxiang Zeng and Qinglong Zeng
Date of change	30 November 2025 (Expiry of Options) and 4 December 2025(Issue of Options)
No. of securities held prior to change	a) 14,000,000 unlisted $0.07 options, expiring 30 November 2025 b) 15,000,000 ordinary shares
Class	Unlisted $0.07 options, expiring 30 November 2025 Unlisted $0.08 options, expiring 30 November 2026
Number acquired	a) 14,000,000 Unlisted $0.08 options, expiring30 November 2026
Number disposed	a) 14,000,000 Unlisted $0.07 options, expiring30 November 2025
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil
No. of securities held after change	a) 14,000,000 unlisted $0.08 options, expiring 30 November 2026 b) 15,000,000 ordinary shares

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of change Expiry of unlisted Options 30 November 2025 Example: on-market trade, off-market trade, exercise of and issue of unlisted Options as approved by options, issue of securities under dividend reinvestment plan, participation in buy-back shareholder at the Annual General Meeting held 14 November 2025.

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.

be disclosed in this part.
Detail of contract	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
Date of change	N/A
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	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

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

Authorised for release by:

Dennis Wilkins

Company Secretary

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

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	MINDAX LIMITED
ABN	28 106 866 442

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	Biaozhun Zhu
Date of last notice	7 July 2025

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.	N/A
Date of change	30 November 2025 (Expiry of Options) and 4 December 2025(Issue of Options)
No. of securities held prior to change	4,000,000 unlisted $0.07 options, expiring 30 November 2025
Class	Unlisted $0.07 options, expiring 30 November 2025 Unlisted $0.08 options, expiring 30 November 2026
Number acquired	2,000,000
Number disposed	4,000,000
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil
No. of securities held after change	2,000,000 unlisted $0.08 options, expiring 30 November 2026
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Expiry of unlisted Options 30 November 2025 and issue of unlisted Options approved by shareholders at the Annual General Meeting of the Companyheld on 14 November 2025

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

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.

be disclosed in this part.
Detail of contract	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
Date of change	N/A
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	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

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

Authorised for release by:

Dennis Wilkins

Company Secretary

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011