NYRADA INC. — Director's Dealing 2022

Jan 16, 2022

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 becomes ASX's property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity	Nyrada Inc
ABN	54 625 401 818

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	Peter Marks
Date of last notice	30 June 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	(1) Indirect - Shanti Capital Pty Ltd <Peter MarksSuper Fund A/C>(2) Direct
Nature of indirect interest(including registered holder)	(1) Superfund
Date of change	16 January 2022
No. of securities held prior to change	(1) 250,000 - CHESS DEPOSITARY INTERESTS(2) 2,600,000 - ESOP OPTIONS ESC 24M FROMQUOTATION1)800,000 options which will vest upon theadmission of the Company to the Official List(Exercise Price is 120% of the Offer Price (OfferPrice $0.20), Expiry 16 January 2023);2)600,000 options will vest upon the firstanniversary of the grant date of 16 January 2020(Expiry 3 years from the date on which the optionvests);3)600,000 Unlisted Options will vest upon thesecond anniversary of the grant date of 16 January2020 (Expiry 3 years from the date on which theoption vests); and4)600,000 Unlisted Options will vest upon the thirdanniversary of the grant date of 16 January 2020(Expiry 3 years from the date on which the optionvests).Note: In relation to options 2-4, the exercise pricewill be the higher of:•100% of the Fair Market Value (as defined in theCompany’s Stock Incentive Plan) of the Shares onthe date that the option is granted; and•120% of the volume weighted average price of theCompany’s CDI’s for the period of 10 trading daysprior to the date on which that option vests.
Class	(2) ESOP OPTIONS ESC 24M FROM QUOTATION

• See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director's Interest Notice

			Appendix 3YChange of Director's Interest Notice	Appendix 3YChange of Director's Interest Notice
	Number acquired		N/A
	Number disposed		N/A
	Value/Consideration		N/A
	No. of securities held after change		(1) 250,000 - CHESS DEPOSITARY INTERESTS(2) 2,600,000 - ESOP OPTIONS1)800,000 options which will vest upon theadmission of the Company to the Official List
			(Exercise Price is 120% of the Offer Price (OfferPrice $0.20), Expiry 16 January 2023);2)600,000 options will vest upon the firstanniversary of the grant date of 16 January 2020(Expiry 3 years from the date on which the optionvests);3)600,000 Unlisted Options will vest upon the
			second anniversary of the grant date of 16 January2020 (Exir 3 ears from the date on which the
			py yoption vests); and4)600,000 Unlisted Options will vest upon the thirdanniversary of the grant date of 16 January 2020(Expiry 3 years from the date on which the option
			vests).Note: In relation to options 2-4, the exercise pricewill be the higher of:•100% of the Fair Market Value (as defined in theCompany’s Stock Incentive Plan) of the Shares onthe date that the option is granted; and•120% of the volume weighted average price of theCompany’s CDI’s for the period of 10 trading daysprior to the date on which that option vests.
	Nature of change		(2) ESOP OPTIONS ESC 24M FROM QUOTATIONreleased from restricted class to unrestricted classESOP OPTIONS

Part 2 - Change of director's relevant 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 securitiesto which interest relatedprior to change	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration	N/A
Interest after change	N/A

Part 3 -[+] Closed period

Were the interests in the securities orcontracts detailed above traded during a+closed period where prior written clearancewas required?	No

• See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 2

Appendix 3Y Change of Director's Interest Notice

	Appendix 3YChange of Director's Interest Notice
If so, was prior written clearance provided toallow the trade to proceed during this period?	N/A
If prior written clearance was provided, onwhat date was this provided?	N/A

• See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 3