OPENLEARNING LIMITED — Director's Dealing 2024

Jul 2, 2024

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

Introduced 30/09/01 Amended 01/01/11
Name of entity	OpenLearning Limited
ABN	18 635 890 390

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	Matthew Reede
Date of last notice	14 June 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	Direct
Nature of indirect interest	N/A
(including registered holder)
Date of change	28 June 2024
No. of securities held prior to change	1,000,000 - Ordinary Fully Paid Shares
Class	Unlisted Options
Number acquired	1,000,000 Unlisted Options, exercisable at $0.05
	and expiring on 28/06/2029
Number disposed	NIL
Value/Consideration	Nil - Unlisted Options issued for nil cash
	consideration
No. of securities held after change	1,000,000 - Ordinary Fully Paid Shares
	1,000,000 - Unlisted Options, exercisable at $0.05
	and expiring on 28/06/2029
Nature of change	Allotment of Unlisted Options following receipt of
	Shareholder approval on 31 May 2024.

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	Director Long-Term Incentive Grant
Nature of interest	Allotment of 1,000,000 Unlisted Options as outlined in Part 1.
Name of registered holder(if issued securities)	Matthew Reede

• 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
Date of change	28 June 2024
No. and class of securities	1,000,000 Unlisted Options
to which interest related
prior to change
Interest acquired	N/A
Interest disposed	Refer to allotment in Part 1. Disposed means allotment of the
	1,000,000 Unlisted Options
Value/Consideration	Refer to allotment in Part 1.
Interest after change	Nil

Part 3 -[+] Closed period

Part 3 -+Closed period
Were the interests in the securities or	No
contracts detailed above traded during a+closed period where prior written clearance
was required?
If so, was prior written clearance provided to	N/A
allow the trade to proceed during this period?
If prior written clearance was provided, on	N/A
what date was this provided?

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