READCLOUD LIMITED — Director's Dealing 2020

Nov 15, 2020

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	READCLOUD LIMITED
ABN	44 136 815 891

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	Paul Collins
Date of last notice	24 September 2018

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 & Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to therelevant interest.	Parmms Enterprises Pty Ltd <collins family<br="">SuperannuationFund>(Directorandbeneficiary)
	HSBC Custody Nominees (Australia) Limited
Date of change	13 November 2020
No. of securities held prior to change	Direct125,000Ordinary Fully Paid Shares500,000Ordinary Fully Paid Sharessubject to ASX escrow to 6February 2020.62,500Options exercisable at $0.30 perOption on or before 30 November2020500,000Performance Rights escrowed for24 months from the date of listingIndirectParmms Enterprises Pty Ltd <collins family<br="">Superannuation Fund>324,046Fully Paid Ordinary Share111,365Fully Paid Ordinary Sharesescrowed for 24 months from thedate of listing62,500Options exercisable at $0.30 (30cents) per Option, on or before 30November 2020

+ See chapter 19 for defined terms.

Class	(a)Ordinary Fully Paid Shares
	(b)Options exercisable at $0.30 per Optionon or before 30 November 2020
Number acquired	(a)125,000
Number disposed	(b)125,000
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$37,500
No. of securities held after change	Direct687,500Ordinary Fully Paid SharesIndirectParmms Enterprises Pty Ltd <collins family<br="">Superannuation Fund>62,500Ordinary Fully Paid SharesHSBC Custody Nominees (Australia) Limited435,411Ordinary Fully Paid Shares
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participationin buy-back	Exercise of Options

+ See chapter 19 for defined terms.

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

Part 3 – +Closed period

Were the interests in the securities or contractsdetailed above traded during a +closed period whereprior written clearance was required?	No
If so, was prior written clearance provided to allow thetrade to proceed during this period?	N/A
If prior written clearance was provided, on what datewas this provided?	N/A

+ See chapter 19 for defined terms.