PENTANET LIMITED — Director's Dealing 2025

Nov 4, 2025

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	4 July 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 or indirect interest	Direct or indirect interest	Direct or indirect interest	Indirect	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				3 November 2025
	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.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 held by GemmaWhite. Mr Cornish has the ability to influence tradesover these securities.
					Cornish ATF Cornish Family Tris a beneficiary of the Cornish F605,000 fully paid ordinary shWhite. Mr Cornish has the ab	st. Mr Stephen Camily Trust.ares held by Gility to influence
					over these securities.

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Class	Performance rights
Number acquired	n/a
Number disposed	737,427 Performance rights
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, 737,427Performance 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 held by GemmaWhite. Mr Cornish has the ability to influence tradesover these securities.
Nature of changeExample: on-market trade, off-market trade, exercise of options, issueof securities under dividend reinvestment plan, participation in buy-back	Lapse of conditional right to securities because theconditions have not been or have become incapable ofbeing satisfied.

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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

N	N
	N	d l f i	i t hih	Not	applicable
	o. aintere	cass o securst related prior t	es o wco change
	Note: Drelation	etails are only requiredto which the interest has c	for a contract inhanged
	Intere	st acquired		Not	applicable
				N	lil
	Interest disposed			ot appcabe
	Value	/Consideration		Not	applicable
	Note: If consideration is non-cash, provide detailsand an estimated valuationInterest after change
				Not applicable

Part 3 –[+] Closed period

Weab	Weab
	Weab	re the interestve traded duri	s in the securing a+closed p	ties or contractriod where pri	s detailedor written	No
	clearance was required?
	If stra	o, was prior wde to roceed	ritten clearanurin this eri	ce provided tod?	allow the	No	t applicable
		p	g p
	If p	rior written cle	arance was pr	ovided, on wha	t date was	No	t applicable
	this provided?

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 3