PENTANET LIMITED — Director's Dealing 2023

May 31, 2023

ASX: 5GG | ASX ANNOUNCEMENT 1 JUNE 2023

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APPENDIX 3Y & LATE LODGEMENT NOTICE

Pentanet Limited ( ASX:5GG ) ( Company ) provides the attached Appendix 3Y for Mr Dalton Gooding. The Appendix 3Y reflects changes resulting from the transfer of securities between accounts or trusts which Mr Gooding holds, or is a beneficiary of as well as changes resulting from participation in the recent share purchase plan. The Company became aware that some changes had not previously been reported (due to an administrative oversight) on or around 25 May 2023.

The Company further advises:

• the changes occurred on various dates;

• the Company and its directors are aware of their obligations under ASX Listing Rules 3.19A and 3.19B to provide the necessary information to the Company to meet its disclosure requirements; and

• the Company considers the late lodgement to be an isolated incident and believes that its current practices are adequate to ensure compliance with the ASX Listing Rules.

This announcement has been authorised for release by the Company Secretary of Pentanet Limited, Mr Patrick Holywell.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Mr. Stephen Cornish Managing Director

Mr. Patrick Holywell Ms. Mart-Marie Derman Company Secretary Chief Financial Officer

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investors@pentanet.com.au +61 8 9466 2672

Unit 2, 8 Corbusier Place, Balcatta WA 6021

ABN: 29 617 506 279

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	Dalton Gooding
Date of last notice	1 July 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	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	- Moulyinning Nominees Pty Ltd ATF The Gooding Family Superannuation Fund. - Moulyinning Nominees Pty Ltd ATF The Dalton Gooding Family Trust.
Date of change	1. 12 November 2021 2. 16 February 2022 3. 24 April 2023 4. 31 May 2023
No. of securities held prior to change	1,575,641 ordinary fully paid shares held by Moulyinning Nominees Pty Ltd ACN 008 859 961 ATF The Gooding Family Superannuation Fund. Mr Dalton Gooding is a shareholder (66.66%) and director of Moulyinning Nominees Pty Ltd and a beneficiary of The Gooding Family Superannuation Fund. 2,400,000 unlisted options with exercise prices ranging from $0.30 to $0.50 each and an expiry date of 30 June 2024 held by Smartequity EIS Pty Ltd ACN 606 521 233 Moulyinning Nominees Pty Ltd ACN 008 859 961 ATF The Dalton Gooding Family Trust. Mr Dalton Gooding is a shareholder (66.66%) and director of Moulyinning Nominees Pty Ltd and a beneficiary of The Dalton Gooding Family Trust.

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

	2,000,000 ordinary fully paid shares held by Zero Nominees Pty Ltd ACN 091 927 981 ATF Moulyinning Nominees Pty Ltd ACN 008 859 961 ATF The Gooding Family Superannuation Fund. Mr Dalton Gooding is a shareholder (66.66%) and director of Moulyinning Nominees Pty Ltd and a beneficiary of The Gooding Family Superannuation Fund.
Class	Fully paid ordinary shares
Number acquired	1. 787,692 2. 1,212,308 3. 1,300,000 4. 240,963
Number disposed	1. 787,692 2. 1,212,308 3. 1,300,000 4. n/a
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	1. Nil 2. Nil 3. Nil 4. $20,000
No. of securities held after change	2,516,604 ordinary fully paid shares held by Moulyinning Nominees Pty Ltd ACN 008 859 961 ATF The Gooding Family Superannuation Fund. Mr Dalton Gooding is a shareholder (66.66%) and director of Moulyinning Nominees Pty Ltd and a beneficiary of The Gooding Family Superannuation Fund. 1,300,000 ordinary fully paid shares held by Moulyinning Nominees Pty Ltd ACN 008 859 961 ATF The Dalton Gooding Family Trust. Mr Dalton Gooding is a shareholder (66.66%) and director of Moulyinning Nominees Pty Ltd and a beneficiary of The Dalton Gooding Family Trust. 2,400,000 unlisted options with exercise prices ranging from $0.30 to $0.50 each and an expiry date of 30 June 2024 held by Smartequity EIS Pty Ltd ACN 606 521 233 ATF Moulyinning Nominees Pty Ltd ACN 008 859 961 ATF The Dalton Gooding Family Trust. Mr Dalton Gooding is a shareholder (66.66%) and director of Moulyinning Nominees Pty Ltd and a beneficiary of The Dalton Gooding Family Trust.

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

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

1. Transfer of nominee from Zero Nominees Pty Ltd to Moulyinning Nominees Pty Ltd ATF The Gooding Family Superannuation Fund, however there was no change in beneficial ownership. 2. Transfer of nominee from Zero Nominees Pty Ltd to Moulyinning Nominees Pty Ltd ATF The Gooding Family Superannuation Fund, however there was no change in beneficial ownership. 3. Transfer from Moulyinning Nominees Pty Ltd ATF The Gooding Family Superannuation Fund to Moulyinning Nominees Pty Ltd ATF The Dalton Gooding Family Trust, however there was no change in beneficial ownership. 4. Participation in Share Purchase Plan.

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	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 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.

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 3

Appendix 3Y Change of Director’s Interest Notice

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.

Appendix 3Y Page 4

01/01/2011