MURRAY COD AUSTRALIA LIMITED — Director's Dealing 2021

Apr 14, 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 Murray Cod Australia Ltd ABN 74 143 928 625

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	Mr David Crow
Date of last notice	8 February 2021

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	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Mazosa Pty Ltd Mr Crow is a Director
Date of change	15 April 2021
No. of securities held prior to change	Nil
Class	(a) unlisted options exercisable at $0.25 each, expiring on 3 January 2025, vesting on 1 July 2021 (b) unlisted options exercisable at $0.25 each, expiring on 3 January 2025, vesting on 1 July 2022 (c) unlisted options exercisable at $0.25 each, expiring on 3 January 2025, vesting on 1 July 2023 (d) unlisted options exercisable at $0.25 each, expiring on 3 January 2025, vesting on 1 July 2024
Number acquired	(a) 500,000 (b) 500,000 (c) 500,000 (d) 500,000
Number disposed	Nil

• 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	Nil consideration. Issued as incentive for long term performance. Valuation as set out in notice of meeting dated 11 March 2021.
No. of securities held after change	Mazosa Pty Ltd - 500,000 unlisted options exercisable at $0.25 each, expiring on 3 January 2025, vesting on 1 July 2021 - 500,000 unlisted options exercisable at $0.25 each, expiring on 3 January 2025, vesting on 1 July 2022 - 500,000 unlisted options exercisable at $0.25 each, expiring on 3 January 2025, vesting on 1 July 2023 - 500,000 unlisted options exercisable at $0.25 each, expiring on 3 January 2025, vesting on 1 July 2024
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Issue of incentive options as approved by shareholders on 12 April 2021

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 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 in relation to which the interest has changed Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

• 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 detailed above traded during a[+] closed period where prior written No clearance was required? If so, was prior written clearance provided to allow the trade to proceed during this period? If prior written clearance was provided, on what date was this provided?

• See chapter 19 for defined terms.

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