MURRAY COD AUSTRALIA LIMITED — Director's Dealing 2026

May 14, 2026

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 Limited
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	George Roger Commins (known as Roger)
Date of last notice	30 May 2024

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.	Commins Partnership Pty Ltd
(Director and shareholder)
Brigalow Enterprises Pty Ltd
(Trustee and beneficiary)
Brigalow Enterprises Pty Ltd
(Director and shareholder)
Date of change	12 May 2026

• See chapter 19 for defined terms.
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Appendix 3Y

Change of Director's Interest Notice

No. of securities held prior to change	Commins Partnership Pty Ltd - 719,000 Ordinary Shares Brigalow Enterprises Pty Ltd - 200,000 Brigalow Enterprises Pty Ltd - 4,314,286 Ordinary Shares - 150,000 unlisted options exercisable at $2.30 each, expiring on 5 December 2026 - 50,000 unlisted options exercisable at $2.30 each, expiring on 5 December 2026, vesting on 1 July 2026 - 100,000 unlisted options exercisable at $3.35 each, expiring on 21 December 2028 - 50,000 unlisted options exercisable at $3.35 each, expiring on 21 December 2028, vesting on 1 July 2026 - 50,000 unlisted options exercisable at $3.35 each, expiring on 21 December 2028, vesting on 1 July 2027
Class	ORD
Number acquired	5,233,286 ordinary shares
Number disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$0.15 per ORD Share

• See chapter 19 for defined terms.

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Appendix 3Y
Change of Director's Interest Notice

No. of securities held after change

Commins Partnership Pty Ltd - 719,000 Ordinary Shares Brigalow Enterprises Pty Ltd - 200,000 Brigalow Enterprises Pty Ltd - 9,547,572 Ordinary Shares - 150,000 unlisted options exercisable at $2.30 each, expiring on 5 December 2026 - 50,000 unlisted options exercisable at $2.30 each, expiring on 5 December 2026, vesting on 1 July 2026 - 100,000 unlisted options exercisable at $3.35 each, expiring on 21 December 2028 - 50,000 unlisted options exercisable at $3.35 each, expiring on 21 December 2028, vesting on 1 July 2026 - 50,000 unlisted options exercisable at $3.35 each, expiring on 21 December 2028, vesting on 1 July 2027

• See chapter 19 for defined terms.
  01/01/2011

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Appendix 3Y

Change of Director's Interest Notice

Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Purchase in Accelerated non-renounceable entitlement offer

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	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

• See chapter 19 for defined terms.

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