RAIZ INVEST LIMITED — Director's Dealing 2021

Dec 2, 2021

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	Raiz Invest Limited (ASX: RZI)
ABN	74 615 510 177

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	George Simon Lucas
Date of last notice	19 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	Direct
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	N/A
Date of change	1 December 2021
No. of securities held prior to change	Direct:•10,000 fully paid ordinary shares•1,000,000 unquoted optionsvesting on 21 June 2021,exercisable at $1.80 per option andexpiring on 20 June 2028.•500,000 unquoted options, vestingon 4 January 2024, exercisable at$1.144 per option, expiring on 3January2026(ifnotexercisedprior).
	Indirect:

+ See chapter 19 for defined terms.

Class	•BBH-GLNomineesPtyLtd4,458,338fullypaidordinarysharesUnquoted optionsvesting 1 December2024, exercisable at $2.177 each, expiringon 1 December 2026 (if not exercisedprior)
Number acquired	500,000
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	N/A –issued for nil consideration underthe Company's Incentive Plan.
No. of securities held after change	Direct:•10,000 fully paid ordinary shares•1,000,000 unquoted optionsvesting on 21 June 2021,exercisable at $1.80 per option andexpiring on 20 June 2028.•500,000 unquoted options, vestingon 4 January 2024, exercisable at$1.144 per option, expiring on 3January2026(ifnotexercisedprior).•500,000 unquoted options,vestingon1 December 2024, exercisable at$2.177 per option, expiring on 1December 2026 (if not exercisedprior).Indirect:•BBH-GL Nominees Pty Ltd4,458,338 fully paid ordinaryshares.
Nature of changeExample: on-market trade, off-market trade, exercise of options, issueof securities under dividend reinvestment plan, participation in buyback	Grantofunquotedoptions under theCompany's Incentive Plan, as approved byshareholders on 26 November 2021.

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

+ See chapter 19 for defined terms.

Name of registered holder(if issued securities)	n/a
Date of change	n/a
No. and class of securities to which	n/a
interest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed
Interest acquired	n/a
Interest disposed	n/a
Value/ConsiderationNote: If consideration is non-cash, provide details andan estimated valuation	n/a
Interest after change	n/a

Part 3 – +Closed period

Were the interests in the securities or contracts detailed	No
above traded during a +closed periodwhere prior written
clearance was required?
If so, was prior written clearance provided to allow the	n/a
trade to proceed during this period?
If prior written clearance was provided, on what date was	n/a
this provided?

+ See chapter 19 for defined terms.

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	Raiz Invest Limited (ASX:RZI)
ABN	74 615 510 177

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	Brendan Barry Malone
Date of last notice	24 September 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 relevantinterest.	BB Management Holdings Pty Limited <bbManagement A/C></bb
Date of change	1 December2021
No. of securities held prior to change	Direct:•15,400 fully paid ordinary shares•175,000 unquoted options vesting31 December 2022, exercisable at$0.50, expiring 31 December 2024(if not exercised prior)Indirect:•310,000 fully paid ordinary shares•2,025,029unquotedoptions,exercisable at $0.20, expiring 1 July2025 (if not exercised prior)•241,489unquotedoptions,exercisable at $0.95, expiring 1March 2027 (if not exercised prior)

+ See chapter 19 for defined terms.

ClassNumber acquired	•250,000unquotedoptions,exercisable at $1.80, expiring 20June 2028 (if not exercised prior)•150,000 unquoted options vesting4January2024,exercisableat$1.144, expiring 3 January 2026 (ifnot exercised prior)Unquoted Optionsvesting1 December2024, exercisable at $2.177, expiring 1December 2026300,000
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	N/A –issued fornil consideration underthe Company's Incentive Plan.
No. of securities held after change	Direct:•15,400 fully paid ordinary shares•175,000 unquoted options vesting31 December 2022, exercisable at$0.50, expiring 31 December 2024(if not exercised prior)Indirect:•310,000 fully paid ordinary shares•2,025,029unquotedoptions,exercisable at $0.20, expiring 1 July2025 (if not exercised prior)•241,489unquotedoptions,exercisableat $0.95, expiring 1March 2027 (if not exercised prior)•250,000unquotedoptions,exercisable at $1.80, expiring 20June 2028 (if not exercised prior)•150,000 unquoted options vesting4January2024,exercisableat$1.144, expiring 3 January 2026 (ifnot exercised prior)•300,000unquoted optionsvesting1 December 2024, exercisable at$2.177, expiring 1 December 2026(if not exercised prior)

+ See chapter 19 for defined terms.

Nature of changeExample: on-market trade, off-market trade, exercise of options, issueof securities under dividend reinvestment plan, participation in buyback	Grantofunquotedoptionsunder theCompany's Incentive Plan, as approved byshareholders on 26 November 2021.

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 whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation	N/A
Interest after change	N/A

Part 3 – +Closed period

Were the interests in the securities or contracts detailedabove traded during a +closed periodwhere prior written	No
clearance was required?
If so, was prior written clearance provided to allow the	N/A
trade to proceed during this period?
If prior written clearance was provided, on what date was	N/A
this provided?

+ See chapter 19 for defined terms.