PENTANET LIMITED — Director's Dealing 2024

Jul 3, 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 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	Stephen Cornish
Date of last notice	22 December 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 relevantinterest.	Stephen Thomas Cornish ATF Stemma InvestmentTrust. Mr Cornish is the trustee and a beneficiary of theStemma Investment Trust.
Date of change	30 June 2024
No. of securities held prior to change	30,000 fully paid ordinary shares held by StephenThomas Cornish.42,594,096 fully paid ordinary shares, 1,474,854Performance Rights, 1,373,418 Unlisted Optionsexercisable at $0.093 and expiring 30 June 2026, and2,544,727 Unlisted Options exercisable at $0.124 andexpiring 30 June 2027 held by Stephen ThomasCornish ATF Stemma Investment Trust. Mr Cornish isthe trustee and a beneficiary of the Stemma InvestmentTrust.9,900,000 unlisted options with exercise prices rangingfrom $0.30 to $0.50 each and an expiry date of 30 June2024 held by Smartequity EIS Pty Ltd ACN 606 521233 ATF Stephen Thomas Cornish ATF StemmaInvestment Trust. Mr Cornish is the trustee and abeneficiary of the Stemma Investment Trust.

• See chapter 19 for defined terms.

01/01/2011

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Appendix 3Y Change of Director’s Interest Notice

	7,253,137 fully paid ordinary shares held by Peter JohnCornish ATF Cornish Family Trust. Mr Stephen Cornishis a beneficiary of the Cornish Family Trust.605,000 fully paid ordinary shares Gemma Cornish.Gemma Cornish is the wife of Mr Cornish.
Class	Unlisted options
Number acquired	n/a
Number disposed	Expiry of unlisted options - 9,900,000 unlisted optionswith exercise prices ranging from $0.30 to $0.50 eachand an expiry date of 30 June 2024.
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	n/a
No. of securities held after change	30,000 fully paid ordinary shares held by StephenThomas Cornish.42,594,096 fully paid ordinary shares, 1,474,854Performance Rights, 1,373,418 Unlisted Optionsexercisable at $0.093 and expiring 30 June 2026, and2,544,727 Unlisted Options exercisable at $0.124 andexpiring 30 June 2027 held by Stephen ThomasCornish ATF Stemma Investment Trust. Mr Cornish isthe trustee and a beneficiary of the Stemma InvestmentTrust.7,253,137 fully paid ordinary shares held by Peter JohnCornish ATF Cornish Family Trust. Mr Stephen Cornishis a beneficiary of the Cornish Family Trust.605,000 fully paid ordinary shares Gemma Cornish.Gemma Cornish is the wife of Mr Cornish.
Nature of changeExample: on-market trade, off-market trade, exercise of options, issueof securities under dividend reinvestment plan, participation in buy-back	Expiry of unlisted options

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

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

	Date of change	Date of change	Date of change	Date of change	Not applicable	Not applicable	Not applicable	Not applicable	Not applicable	Not applicable
	No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed				Not applicable
	Inter	est acqui	red		Not applicable
	Inter	est dispo	sed		Not applicable
					Nt libl
	Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation
	Interest after change				Not applicable

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

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 3