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SCIDEV LTD Director's Dealing 2019

May 27, 2019

65761_rns_2019-05-27_447add6b-1354-4507-b442-b31b84820a61.pdf

Director's Dealing

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Unit 1 8 Turbo Road Kings Park NSW 2148 Australia ABN 25 001 150 849

Phone: +61 408 509 649 Email: [email protected] Website: www.scidev.com.au ASX code: SDV

Companies Announcements Office Australian Stock Exchange

28 May 2019

SciDev Appoints Jon Gourlay to the Board

SciDev Ltd (ASX:SDV) is pleased to announce the appointment of Mr Jon Gourlay BCom CA to the Board.

Jon is a chartered accountant with extensive experience in finance and project management, risk management, business improvement and investor relationships, with a focus on the resources and technology sectors.

He is currently Commercialisation Manager, Technology and Innovation, for Newcrest Mining (2011 – present), with prior roles in investor relations, analysis and improvement of Newcrest's operations at the Lihir Island Gold Mine, PNG. Prior to this, Jon was engaged at both PricewaterhouseCoopers and Deloitte. He also consulted directly to a broad range of corporate groups in the resources, investment banking and superannuation industries.

His strong commercial skills will augment and broaden those already represented on the Board and his extensive experience in managing IP and technology in the mining sector will assist SciDev in executing the Company's aggressive growth strategy.

Jon is engaged as a Non-Executive Independent Director of SciDev. He has requested remuneration on an equity (rather than cash) basis, which reflects his strong belief in the Company's future.

The Board proposes an issue of options to Jon under the Company's Employee Share/Option Scheme. It is proposed the options be issued at an exercise price of $0.12 per share. This will be more fully articulated in a Notice of General Meeting that will be issued to address a range of option issues requiring shareholder consideration.

An Appendix 3X Notice is attached.

On behalf of SciDev Ltd

Lewis Utting Managing Director and CEO

Rule 3.19A.1

Appendix 3X

Initial 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 30/9/2001.

SCIDEV LTD

ABN 25 001 150 849

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director Jon Gourlay
Date of appointment 28 May 2019

Part 1 - Director's relevant interests in securities of which the director is the registered holder 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.

Number & class of securities

Jon Gourlay – 206, 349 fully paid ordinary shares

+ See chapter 19 for defined terms.

Part 2 – Director's relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interestNote: Provide details of the circumstances giving riseto the relevant interest. Number & class of Securities
Nil

Part 3 – 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
Nil
Nature of interest Nil
Name of registered holder(if issued securities) Nil
No. and class of securities to whichinterest relates Nil

+ See chapter 19 for defined terms.