NOVONIX Ltd — Major Shareholding Notification 2021

Oct 4, 2021

604 page 1/2 15 July 2001

Form 604 Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme

Novonix Limited

ACN/ARSN

ACN 157 690 830

1. Details of substantial holder (1)

Name ACN/ARSN (if applicable)

Gregory Alexander John Baynton and Allegro Capital Nominees Pty Ltd ACN 079 844 107

There was a change in the interests of the substantial holder on

substantial holder on 24 September 2020 – 30 September 2021 The previous notice was given to the company on 28 August 2020 The previous notice was dated 28 August 2020

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities (4)	Previous notice	Previous notice	Present notice	Present notice
	Person’s votes	Voting power(5)	Person’s votes	Voting power(5)
Fully paid ordinaryshares	24,990,019	7.2%	25,290,019	5.2%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of change	Person whose relevant interest changed	Nature of change (6)	Consideration given in relation to change (7)	Class and number of securities affected	Person’s votes affected
24 September 2020 – 30 September 2021	Allegro Capital Nominees Pty Ltd	Dilution in voting power as a result of the issue of new shares	N/A	25,290,019 fully paid ordinary shares	25,290,019
24 September 2020 – 30 September 2021	Gregory Alexander John Baynton	Dilution in voting power as a result of the new issue of shares	N/A	25,290,019 fully paid ordinary shares	25,290,019
16 March 2021	Gregory Alexander John Baynton	Issue of shares to Allegro Capital Nominees Pty Ltd on the vesting and exercise of performance rights	Nil	300,000 fully paid ordinary shares	300,000
16 March 2021	Allegro Capital Nominees Pty Ltd	Issue of shares to Allegro Capital Nominees Pty Ltd on the vesting and exercise of performance rights	Nil	300,000 fully paid ordinary shares	300,000

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Nature of relevant interest (6)	Class and number of securities	Person’s votes
Allegro Capital Nominees Pty Ltd ACN 079 844 107	Allegro Capital Nominees Pty Ltd ACN 079 844 107	Allegro Capital Nominees Pty Ltd ACN 079 844 107	Section 608(1)(a) – Registered holder of 24,828,494 fully paid ordinary shares	24,828,494 fully paid ordinary shares	24,828,494
Gregory Alexander John Baynton	Allegro Capital Nominees Pty Ltd ACN 079 844 107	Allegro Capital Nominees Pty Ltd ACN 079 844 107	Section 608(3)(b) – Controls the registered holder, Allegro Capital Nominees Pty Ltd ACN 079 844 107	24,828,494 fully paid ordinary shares	24,828,494

						604	page 2/2	15 July2001	15 July2001
					Section 608(3)(b) –
	Gregory Alexander John Baynton		Intercontinental Pty Ltd ACN 141 597 926 Intercontinental Pty Ltd ACN 141 597 926		Controls the registered holder, Intercontinental Pty Ltd ACN 141 597	428,192 fully paid ordinary shares	428,192
					926
					Section 608(3)(b) –
	Gregory Alexander John Baynton		Baynton Brothers Pty Ltd ACN 605 853 236 Baynton Brothers Ltd ACN 605 853	Pty 236	Controls the registered holder, Baynton Brothers Pty Ltd ACN	33,333 fully paid ordinary shares	33,333
					605 853 236
	Changes in	association
	persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial							holder in
t	ion to voting	interests in the company or scheme are as follows:
		Name and ACN/ARSN (if applicable) Nature		of association
		N/A	N/A
	Addresses
	addresses of persons named in this form are as follows:
		Name		Address

5. Changes in association The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

6. Addresses

The addresses of persons named in this form are as follows:

Name	Address
Gregory Alexander John Baynton	33 Lynell Street, Hamilton, Queensland, 4007
Allegro Capital Nominees Pty Ltd ACN 079 844 107	33 Lynell Street, Hamilton, Queensland, 4007

Signature

print name Gregory Alexander John Baynton	capacity Personal / As Director	capacity Personal / As Director
sign here	date	5/10/2021
DIRECTIONS
er of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and
trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar,
ed to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members
paragraph 6 of the form.
f "associate" in section 9 of the Corporations Act 2001.
f "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.
of a company constitute one class unless divided into separate classes.
divided by the total votes in the body corporate or scheme multiplied by 100.

• (1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form.

• (2) See the definition of "associate" in section 9 of the Corporations Act 2001.

• (3) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.

• (4) The voting shares of a company constitute one class unless divided into separate classes.

• (5) The person’s votes divided by the total votes in the body corporate or scheme multiplied by 100.

• (6) Include details of:

• (a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and

• (b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

• See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• (7) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included on any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

• (8) If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write “unknown’”.

• (9) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.