PENTANET LIMITED — Director's Dealing 2024

Nov 25, 2024

ASX: 5GG | ASX ANNOUNCEMENT 26 NOVEMBER 2024

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APPENDIX 3Y

Pentanet Limited (ASX:5GG, Pentanet or the Company ) attaches an Appendix 3Y “Change of Director’s Interest Notice” for Mr Dominic O’Hanlon.

Pentanet Ltd advises that Mr O’Hanlon acquired 2,585,316 shares on various dates between 15 November 2024 and 22 November 2024, as noted in the attached Appendix 3Y. In relation to the late lodgement of the attached Appendix 3Y, the Company advises as follows:

1. The Appendix 3Y was lodged late due to an administrative oversight. As soon as the oversight was identified, the attached document was prepared and is now being lodged with the ASX.

2. 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 obligations. All directors have been reminded of their obligations.

3. The Company considers the late lodgement to be an isolated incident, and the Company 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 Mr. Patrick Holywell Ms. Mart-Marie Derman Managing Director Company Secretary Chief Financial Officer

About Pentanet

Pentanet is a Perth-based, growth-focused telco delivering high-speed internet to a growing number of subscribers by providing nextgeneration internet speeds. This is achieved through Pentanet's market-leading private wireless network, the largest in Perth, as well as reselling fixed-line services such as nbn®and Opticomm.

The Company’s flagship wireless network has benefits for both customers and investors, offering an outstanding customer experience and a fixed wireless product that is technically superior to most of the nbn with attractive margins for investors. This sets Pentanet apart from most broadband providers, which typically only resell the nbn.

Pentanet is also part of the rollout of the next wave of subscription-based entertainment services – cloud gaming. The Company's Alliance Partner Agreement with NASDAQ-listed NVIDIA – one of the world's largest producers of specialised graphic chips used in gaming – allowed Pentanet to be the first to bring their GeForce NOW technology to Australia in 2021.

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25/257 Balcatta Road, Balcatta WA 6021

ABN: 29 617 506 279

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

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	Dominic O'Hanlon
Date of last notice	2 April 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	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Mr Dominic O’Hanlon and Mrs Karen O’Hanlon as trustees for the O’Hanlon Super Fund Trust. Mr O’Hanlon is a trustee and beneficiary of the O’Hanlon Super Fund Trust.
Date of change	a) 15/11/24 b) 18/11/24 c) 19/11/24 d) 20/11/24 e) 21/11/24 f) 22/11/24
No. of securities held prior to change	Flare Pty Ltd 1,000,000 Unlisted Options exercisable at $0.12 and expiring 22 December 2026
Class	Fully paid ordinaryshares
Number acquired	a) 15/11/24: 249,489 a) 18/11/24: 502,433 b) 19/11/24: 900,000 c) 20/11/24: 135,923 d) 21/11/24: 782,694 e) 22/11/24: 14,777
Number disposed	Not applicable
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$84,387.84

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	Mr Dominic O’Hanlon and Mrs Karen O’Hanlon **Fund Trust> 2,585,316 Fully paid ordinary shares Flare Pty Ltd 1,000,000 Unlisted Options exercisable at $0.12 and expiring 22 December 2026
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	Not applicable
Nature of interest	Not applicable
Name of registered holder (if issued securities)	Not applicable
Date of change	Not applicable
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	Not applicable
Interest acquired	Not applicable
Interest disposed	Not applicable
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	Not applicable
Interest after change	Not applicable

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?	Not applicable

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

If prior written clearance was provided, on what date was Not applicable this provided?

Date of notice: 26 November 2024

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3