OLIVER'S REAL FOOD LIMITED — Director's Dealing 2023

Nov 23, 2023

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. Oliver’s Real Food Limited

ABN 33 166 495 441

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 Martin Green
Date of last notice	2 October 2023

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.	Gelba Pty Limited – ACN 008 432 693 Director & minority shareholder
Date of change	23 November 2023
No. of securities held prior to change	88,781,544
Class	fully paid ordinary shares
Number acquired	400,000
Number disposed	nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$9,194
No. of securities held after change	89,181,544

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

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	On-market trade

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	• $5.0 million of secured facility. Interest rate - 8.1%pa calculated daily, payable quarterly in arrears, maturing 30 September 2028, Repayment total of $250,000 per quarter from 1 October 2023 with first repayment due 31 December 2023; • $2.5 million of revolving line of credit. Interest rate - 8.1%pa calculated daily, payable quarterly in arrears, maturing 30 September 2028, Repayment total of $125,000 per quarter from 1 October 2023 with first repayment due 31 December 2023; • $1.5 million unsecured revolving line of credit at an interest rate of 8.1%pa calculated daily and payable quarterly in arrears maturing 30 September 2024; A $500k unsecured revolving line of credit with Gelba Pty. Limited at an interest rate of 7.30% pa calculated daily and payable monthly in arrears maturing 30 September 2024 • Secured (second ranking) $300,160 loan – assignment of Safety Factor Aviation loan to Warren David Green & Martin Green as Trustees for the Green Superannuation Fund. Unsecured refit and equipment finance loan for Pheasant Nest stores and Wyong North with Gelba Pty. Limited and Michael and Suzanne Gregg at an interest rate of 7.30% pa calculated daily and payable monthly in arrears. As at 30 September 2023, $1,140 drawn and with a commitment from the Lenders to provide additional funds as required to complete all three stores. Maturity date of this facility to be negotiated at the conclusion of all fit-outs.
Nature of interest	Loans to OLI by Gelba Pty Ltd – Martin Green is a Director and minority shareholder
Name of registered holder (if issued securities)	n/a
Date of change	n/a

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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

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.

01/01/2011 Appendix 3Y Page 3