PENTANET LIMITED — Director's Dealing 2023

May 31, 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: Pentanet Limited

ABN: 29 617 506 279

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	David Buckingham
Date of last notice	9 December 2022

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	Mr David Buckingham is a joint trustee and beneficiary
(including registered holder)	of the Buckingham Family Trust.
Note: Provide details of the circumstances giving rise to the relevant
interest.
Date of change	31 May 2023
No. of securities held prior to change
David and Karina Buckingham ATF The Buckingham	316,092 fully paid ordinary shares.
Family Trust. Mr David Buckingham is a joint trustee and
beneficiary of the Buckingham Family Trust.
Smartequity EIS Pty Ltd ACN 606 521 233 ATF David	3,000,000 unlisted options with exercise prices ranging
and Karina Buckingham ATF The Buckingham Family	from $0.30 to $0.50 each and an expiry date of 30 June
Trust. Mr David Buckingham is a joint trustee and	2024.
beneficiary of the Buckingham Family Trust.
Class	Fully paid ordinary shares
Number acquired	240,963
Number disposed	n/a

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Value/Consideration	$20,000
Note: If consideration is non-cash, provide details and estimated
valuation
No. of securities held after change
David and Karina Buckingham ATF The Buckingham	557,055 fully paid ordinary shares.
Family Trust. Mr David Buckingham is a joint trustee and
beneficiary of the Buckingham Family Trust.
Smartequity EIS Pty Ltd ACN 606 521 233 ATF David	3,000,000 unlisted options with exercise prices ranging
and Karina Buckingham ATF The Buckingham Family	from $0.30 to $0.50 each and an expiry date of 30 June
Trust. Mr David Buckingham is a joint trustee and	2024.
beneficiary of the Buckingham Family Trust.
Nature of change	Participation in Share Purchase Plan
Example: on-market trade, off-market trade, exercise of options, issue
of securities under dividend reinvestment plan, participation in buy-
back

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.

==> picture [433 x 322] intentionally omitted <==

----- Start of picture text ----- Detail of contract Not applicableNature of interestName of registered holder(if issued securities)Date of changeNo. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changedInterest acquiredInterest disposedValue/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuationInterest after change----- End of picture text -----

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	No
If so, was prior written clearance provided to allow thetrade to proceed during this period?	n/a
If prior written clearance was provided, on what date wasthis provided?	n/a

• See chapter 19 for defined terms.

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Appendix 3Y Page 3