SEAFARMS GROUP LIMITED — Director's Dealing 2021

Aug 17, 2021

seafarms

ASX Announcement | 18 August 2021

Seafarms Group Limited (ASX:SFG)
(SFG Announcement No. 699)

Change of Director’s Interests

Enclosed is Appendix 3Y Change of Directors Interests Notice received today.

Approved and authorised for release by Seafarms’ Disclosure Committee.

For further information, please contact:

Seafarms Group

Mr Harley Whitcombe
Company Secretary
P: (08) 9216 5200

Media Enquiries

True North Strategic Communication
Penny Baxter
P: +61 437 522532
E: penny@truenorthcomm.com.au

About Seafarms Group

Seafarms Group Limited (ASX:SFG) is a sustainable aquaculture company, producing the premium Crystal Bay® Prawns and developing the Project Sea Dragon prawn aquaculture project in northern Australia.

Seafarms Group uses environmentally sustainable processes and is currently Australia's largest producer of farmed prawns, its Crystal Bay® Prawns and Crystal Bay® Tigers are available year round in fresh and frozen formats. To learn more please visit: www.crystalbayprawns.com.au

Seafarms Group is investing in sustainable aquaculture for export through Project Sea Dragon, a large-scale, vertically integrated, land-based, prawn aquaculture project being developed in northern Australia. The standalone marine prawn production system will be capable of annually producing over 150,000 tonnes of prawns and the high-quality, year-round volumes will target export markets. To learn more please visit: www.seafarms.com.au.

Seafarms Group Limited (ASX:SFG)
ABN: 50 009 317 846
Level 11, 225 St Georges Terrace
Perth WA 6000 Australia
PO BOX 7312 Cloisters Square
Perth WA 6050 Australia
T +61 8 9216 5200
F +61 8 9216 5199
E info@seafarms.com.au
W seafarms.com.au
Seafarms Group Limited is a corporate authorised representative ("CAR") (Number 420079)
of CO2 Group Financial Services Pty Ltd (ABN 92 142 542 774 AFSL 388086)

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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	SEAFARMS GROUP LIMITED
ABN	50 009 317 846

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	Ian Norman Trahar
Date of last notice	30 June 2020

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	See attached schedule of holdings of entities controlled by Ian Norman Trahar.
Nature of indirect interest (including registered holder)
Note: Provide details of the circumstances giving rise to the relevant interest.	See attached schedule of holdings
Date of change	13 August 2021
No. of securities held prior to change	1. 675,871,221
2. 21,708,333
3. 0
Class	1. Ordinary shares
2. 2021 Listed Options
3. 2024 Unlisted Options
Number acquired	1. 640,745,455
2. 0
3. 387,327,272
Number disposed	1. 0
2. 21,708,333
3. 0
Value/Consideration
Note: If consideration is non-cash, provide details and estimated valuation	1. $35,241,000.03
2. $0.00
3. $0.00
No. of securities held after change	1. 1,316,616,676
2. 0
3. 387,327,272

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2

Appendix 3Y

Change of Director's Interest Notice

| Nature of change
Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back | 1. Take up of Shares in Placement, Debt to Equity conversion and Share Purchase Plan as approved at Shareholder meeting 30 July 2021.
2. Listed options expired unexercised.
3. Unlisted options issued as approved at Shareholder meeting 30 July 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 which interest related prior to change
Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration
Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Part 3 – ${}^{+}$ Closed period

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

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3

Appendix 3Y

Change of Director's Interest Notice

Schedule of shareholdings as at 17 August 2021

Name of Registered Holder	Shares held	Current % (undiluted)
Gabor Holdings Pty Ltd as trustee for the Tricorp Trust	197,230,722	4.12
Gabor Holdings Pty Ltd	21,016,472	0.44
Gabor Investments Pty Ltd	828,232	0.02
Arlec Australia Pty Ltd	795,748	0.02
Zeppelin Holdings Pty Ltd	1,184,628	0.02
Avatar Industries Pty Ltd	817,529,046	17.06
Ian Norman Trahar	1,668,191	0.03
Avatar Finance Pty Ltd	276,363,637	5.77
Total Voting Power	1,316,616,676	27.48

Total Seafarms Group Shares on Issue 4,790,919,634

Schedule of option holdings as at 17 August 2021

Name of Registered Holder	Shares held	Current % (undiluted)
Gabor Holdings Pty Ltd as trustee for the Tricorp Trust	327,272	0.02
Avatar Industries Pty Ltd	218,181,818	15.36
Avatar Finance Pty Ltd	168,818,182	11.88
Total Voting Power	387,327,272	27.26

Total Seafarms Group Unlisted Options on Issue 1,420,831,888

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4

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	SEAFARMS GROUP LIMITED
ABN	50 009 317 846

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	Harley Ronald Whitcombe
Date of last notice	29 May 2019

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	See attached schedule of holdings
Nature of indirect interest (including registered holder)
Note: Provide details of the circumstances giving rise to the relevant interest.	See attached schedule of holdings
Date of change	13 August 2021
No. of securities held prior to change	1. 18,298,258
2. 250,000
3. 0
Class	1. Ordinary shares
2. 2021 Listed Options
3. 2024 Unlisted
Number acquired	1. 672,726
2. 0
3. 403,636
Number disposed	1. 0
2. 250,000
3. 0
Value/Consideration
Note: If consideration is non-cash, provide details and estimated valuation	1. $37,000.00
2. $0.00
3. $0.00
No. of securities held after change	1. 18,970,984
2. 0
3. 403,636
Nature of change
Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	1. Take up of Shares in Share Purchase Plan
2. Listed options expired unexercised
3. Options attaching to SPP as approved at Shareholder meeting 30 July 2021

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5

Appendix 3Y

Change of Director's Interest Notice

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 which interest related prior to change
Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration
Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Part 3 – ${}^{+}$ Closed period

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

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6

Appendix 3Y

Change of Director's Interest Notice

Schedule of shareholdings as at 17 August 2021

Name of Registered Holder	Shares held	Current % (undiluted)
City Lane Pty Ltd	15,962,582	0.34
City Lane Pty Ltd	3,008,402	0.06
Total Voting Power	18,970,984	0.40

Total Seafarms Group Shares on Issue 4,790,919,634

Schedule of option holdings as at 17 August 2021

Name of Registered Holder	Options held	Current %
City Lane Pty Ltd	327,272	0.02
City Lane Pty Ltd	76,363	0.01
Total Voting Power	403,636	0.03

Total Seafarms Group Unlisted Options on Issue 1,420,831,888

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7

Appendix 3Y

Change of Director's Interest Notice

Rule 3.19A.2

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	SEAFARMS GROUP LIMITED
ABN	50 009 317 846

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	Christopher David Mitchell
Date of last notice	29 May 2019

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	See attached schedule of holdings
Nature of indirect interest (including registered holder)
Note: Provide details of the circumstances giving rise to the relevant interest.	See attached schedule of holdings
Date of change	13 August 2021
No. of securities held prior to change	1. 11,327,268
2. 250,000
Class	1. Ordinary shares
2. 2021 Listed Options
Number acquired	1. 0
2. 0
Number disposed	1. 0
2. 250,000
Value/Consideration
Note: If consideration is non-cash, provide details and estimated valuation	1. $0.00
2. $0.00
No. of securities held after change	1. 11,327,268
2. 0
Nature of change
Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Listed options expired unexercised

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8

Appendix 3Y

Change of Director's Interest Notice

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 which interest related prior to change
Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration
Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Part 3 – ${}^{+}$ Closed period

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

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9

Appendix 3Y

Change of Director's Interest Notice

Schedule of shareholdings as at 17 August 2021

Name of Registered Holder	Shares held	Current % (undiluted)
Christopher David Mitchell and Catherine Judith Mitchell	9,688,381	0.21
Mitchell Nominees Pty Ltd	1,638,887	0.03
Total Voting Power	11,327,268	0.24

Total Seafarms Group Shares on Issue 4,790,919,634

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10

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	SEAFARMS GROUP LIMITED
ABN	50 009 317 846

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 John Favretto
Date of last notice	29 May 2019

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	See attached schedule of holdings
Nature of indirect interest (including registered holder)
Note: Provide details of the circumstances giving rise to the relevant interest.	See attached schedule of holdings
Date of change	13 August 2021
No. of securities held prior to change	1. 37,916,666
2. 125,000
3. 0
Class	1. Ordinary shares
2. 2021 Listed Options
3. 2024 Unlisted Options
Number acquired	1. 2,545,454
2. 0
3. 1,327,272
Number disposed	1. 0
2. 125,000
3. 0
Value/Consideration
Note: If consideration is non-cash, provide details and estimated valuation	1. $140,000.00
2. $0.00
3. $0.00
No. of securities held after change	1. 40,462,120
2. 0
3. 1,327,272

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11

Appendix 3Y

Change of Director's Interest Notice

| Nature of change
Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back | 1. Take up of Shares in Placement, Debt to Equity conversion and Share Purchase Plan as approved at Shareholder meeting 30 July 2021.
2. Listed options expired unexercised.
3. Unlisted options issued as approved at Shareholder meeting 30 July 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 which interest related prior to change
Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration
Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Part 3 – ${}^{+}$ Closed period

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

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12

Appendix 3Y

Change of Director's Interest Notice

Schedule of shareholdings as at 17 August 2021

Name of Registered Holder	Shares held	Current % (undiluted)
Pinnacle Superannuation P/L	40,462,120	0.84
Total Voting Power	40,462,120	0.84

Total Seafarms Group Shares on Issue 4,790,919,634

Schedule of option holdings as at 17 August 2021

Name of Registered Holder	Shares held	Current % (undiluted)
Pinnacle Superannuation P/L	1,327,272	0.09
Total Voting Power	1,327,272	0.09

Total Seafarms Group Options on Issue 1,420,831,888