NORONEX LIMITED — Director's Dealing 2021

May 17, 2021

Appendix 3X Initial Director’s Interest Notice

Rule 3.19A.1

Appendix 3X

Initial 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 30/9/2001.

Name of entity Noronex Limited ABN 83 609 594 005

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	James Thompson
Date of appointment	13 May 2021

Part 1 - Director’s relevant interests in securities of which the director is the registered holder 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.

Number & class of securities

2,616,270 fully paid ordinary shares (Shares)

• See chapter 19 for defined terms.

Appendix 3X Page 1

11/3/2002

Appendix 3X Initial Director’s Interest Notice

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interest Note: Provide details of the circumstances giving rise to the relevant interest.	Number & class of Securities Larchmont Holdings Pty Ltd 11,098,146 Shares Mr J Thompson & Mrs S Heath 8,257,540 Shares S Heath 2,616,270 Shares

Part 3 – 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	Subject to Shareholder Approval, a proposed grant of options under the ESOP
Nature of interest	1) 1 million unquoted options exercisable at $0.15 each on or before 4 November 2023; and 2) 1 million unquoted options exercisable at $0.15 each on or before 4 November 2023 subject to 20-day volume weighted average price of $0.20 before 31 December 2021
Name of registered holder (if issued securities)	James Thompson (or his nominee)
No. and class of securities to which interest relates	As above

• See chapter 19 for defined terms.

Appendix 3X Page 2

11/3/2002